Industry
EDITOR’S NOTE: This article has been corrected to show that BrokerLink has over $2 billion of written premiums. A previous version of this article icorrectly stated the Intact subsidiary had more than $2.5 billion in premium overall, about $700 of million of which is in commercial lines. Canadian Underwriter apologizes for the error. The […]
By Jason Contant | June 30, 2021
3 min read
YELLOWKNIFE – The government of the Northwest Territories says it will cover the cost to repair or replace homes damaged by spring flooding. The government says 70 homes were affected in Fort Simpson, 16 to 18 in Jean Marie River and 10 in Fort Good Hope after rivers rose to historic levels, which forced entire […]
1 min read
Insurers are getting a front-row seat in learning the risks that come from aging renewable energy-producing equipment, says an industry expert. The last 15 years have seen a spark in growth in the area of renewable energy development, particularly in wind and solar. But, similar to the cars we drive, these machines are reaching the […]
By Adam Malik | June 30, 2021
2 min read
Accelerant Holdings has entered into the Canadian market with a share purchase agreement that includes the parent company of Toronto-based Omega General Insurance Company. Accelerant is a London, U.K.-headquartered underwriting group that works exclusively with MGAs and program administrators in the United States and U.K. The share purchase agreement between Accelerant and Till Capital Corporation […]
The B.C. Wildfire Service is dealing with two out-of-control blazes in the Interior that have prompted evacuation alerts. The McKay Creek fire was discovered Tuesday burning about 23 kilometres north of Lillooet, and has grown to approximately 50 square kilometres as a result of the hot and dry conditions. The Squamish-Lillooet Regional District has issued […]
Editor’s Note: This article is Part 2 of a two-part story honouring the 25th anniversary of the Women in Insurance Cancer Crusade (WICC). Part 1 appeared in Canadian Underwriter‘s e-Newlsetter on Tuesday, June 29. Women in Insurance Cancer Crusade (WICC) first broke the taboo of talking about a cancer diagnosis in the mid-1990s, founded […]
By David Gambrill | June 29, 2021
6 min read
With more of your clients staying home during the pandemic, more are renovating their homes. And that means your clients need to make sure that they have the right insurance coverage in place, and that the renovations are properly reflected in their total insurance coverage, a Travelers Canada executive said Friday. Depending on the renovation […]
By Jason Contant | June 29, 2021
4 min read
Three in five Canadian property and casualty insurance professionals report working more hours from home than when they were working in the office, according to a recent Canadian Underwriter poll. However, a number of readers wrote in open-ended responses that they’re fine with a longer workday if they don’t have to commute to the office, […]
By Adam Malik | June 29, 2021
OTTAWA – The Liberal government is speeding up its goal for when it wants to see all light-duty vehicles sold in Canada to be electric. Transport Minister Omar Alghabra announced Tuesday that by 2035 all new cars and light-duty trucks sold in the country will be zero-emission vehicles. Until now the government had set 2040 […]
Editor’s Note: This article is Part 1 of a two-part story honouring the 25th anniversary of the Women in Insurance Cancer Crusade (WICC). Part 2 will appear in Canadian Underwriter‘s e-Newlsetter on Wednesday, June 30. If Women in Insurance Cancer Crusade (WICC) ever needed an anthem song to commemorate its 25th anniversary this year, […]
By David Gambrill | June 28, 2021
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.