Industry

Messy winter storm slams into the Maritimes

HALIFAX – A winter storm lashed the Maritimes with strong winds, snow and ice pellets on Tuesday, causing power outages and forcing the closure of schools and businesses. Snowfall and winter storm warnings were issued for much of the region, though most of Nova Scotia was drenched in heavy rain by the afternoon as the […]

By Jason Contant | February 2, 2021

2 min read

Will NatCats cause your business clients to leave hot spots?

After going through a wildfire and multiple flooding events over the last few years, it’s reasonable to believe that businesses are re-thinking about being in Fort McMurray, Alta., says a Canadian P&C insurance executive. The executive’s comment applies to more places than just Fort McMurray: It’s applicable to all other global hot spots that are […]

By Adam Malik | February 1, 2021

3 min read

Canadian auto and property insurance rates headed in opposite directions

Average personal auto premium rates in Canada decreased 2.6% in 2020 Q4 compared to the same period in 2019, but some provinces did see an increase, according to the latest results from Applied Systems’ premium rate index. On average, both the 2020 year-end and fourth-quarter premium rates decreased in personal auto lines versus the previous […]

By Jason Contant | February 1, 2021

2 min read

Winter storm churning out powerful winds expected to slam into Atlantic Canada

Environment Canada has issued a series of weather warnings for the Atlantic region, as a winter storm is expected to deliver an ugly mix of snow, rain, ice pellets and strong winds on Tuesday and Wednesday. Snowfall warnings are in effect for central and eastern New Brunswick, where between 15 and 30 centimetres of snow […]

By Jason Contant | February 1, 2021

1 min read