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Exploding Fortunes

It's hard not to think of the 2005 Suncor oil refinery explosion in Alberta when trying to come up with a reference point for damages incurred in an industrial explosion.

August 31, 2008

3 min read

Quebec Summer Storms Result In Cdn$56-million Worth Of Insured Damages

Insurers expect to pay more than Cdn$56 million to customers after storms swept through parts of Quebec on June 10, according to a survey by the Insurance Bureau of Canada. To date, more than 6,000 claims for damages to residence and personal property and 10,000 automobile claims have been filed due to the Quebec storms, […]

July 31, 2008

1 min read

Canadian 2007 Results Constrained By Lack Of Premium Growth, Diminished Returns In Ontario Auto

Lack of premium growth nationwide and diminished results in the Ontario auto segment have constrained results for Canadian property and casualty insurers in the past year, according to a recent report published by Standard & Poor’s Ratings Services. Although 2007 results were generally good, a number of factors will play a part in dragging down […]

July 31, 2008

1 min read

Property Casualty Underwriters Club Tourney

More than 100 friends and members of the Property Casualty Underwriters Club teed up at the Cardinal Golf Club in Kettleby, ON on June 9 for the PCUC Annual Golf Tournament. Participants enjoyed a dinner afterwards, raising a total of Cdn$510 for the Children’s Wish Foundation.

July 31, 2008

1 min read