The Canadian Cancer Society’s Relay For Life

The insurance industry came out in droves for The Canadian Cancer Society’s Relay For Life in June. The relay is a celebration of survival and a tribute to the lives of loved ones who have been touched by cancer. More than 500 friends and members of the insurance industry formed teams under the Team WICC […]

July 31, 2010 | Last updated on October 1, 2024
1 min read
||||||||||||||||
||||||||||||||||

The insurance industry came out in droves for The Canadian Cancer Society’s Relay For Life in June. The relay is a celebration of survival and a tribute to the lives of loved ones who have been touched by cancer. More than 500 friends and members of the insurance industry formed teams under the Team WICC banner in over 20 different locations across the country. WICC Ontario presented a cheque for $200,000 to the Canadian Cancer Society at the North York Relay. •

Captain Obvious: Premiums will rise after 2024’s loss year

Claims

Captain Obvious: Premiums will rise after 2024’s loss year

If one consequence of insurers paying out $7.6 billion in claims damage for severe weather events isn’t obvious enough, P&C insurance industry professionals are spelling it out: consumers can expect to see their property premiums increase sometime in the near future.  “I’m happy to be in an industry that’s trying to actually meet the consumer’s […]

By Alyssa DiSabatino | September 20, 2024

3 min read

Former Definity adjuster disciplined for $102K embezzlement scheme

Claims

Former Definity adjuster disciplined for $102K embezzlement scheme

Quebec’s P&C insurance regulator has found a former insurance adjuster guilty of an embezzlement scheme, in which he faked client claims and siphoned more than $100,000 in claims payments from Definity into his own bank accounts. The Chambre de l’assurance de dommages (ChAD) says the former Definity adjuster, Tresor Luyeye, committed 13 Code of Conduct […]

By David Gambrill | September 20, 2024

3 min read

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Claims

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Though 2024’s reinsurance renewal season started off stable compared to 2023, this summer’s record-breaking insured losses from four major Nat Cats will undoubtedly see growth in Canadian carriers’ reinsurance demand. But reinsurance supply may not grow commensurately, experts tell Canadian Underwriter. Beyond Canada, global insured Cat losses could be the factor that makes or breaks […]

By Alyssa DiSabatino | September 23, 2024

2 min read