Industry

Gore Mutual shakes up executive team as part of new digital strategy

Gore Mutual is making a number of key changes to its executive team as part of a new strategy to grow into a digital-led national insurer, the carrier announced Wednesday. It intends to grow beyond its core markets of Ontario and British Columbia. As part of the announced changes, chief information officer Sean Christie and […]

By Jason Contant | October 23, 2019

3 min read

What the Liberal minority government means for insurers

Something good may be in store for the property and casualty insurance industry as a result of the federal election Monday night. With the re-election of the federal Liberal party, albeit a minority, the stage is set for the speedy arrival of a flood risk mitigation plan. The Liberals promised a number of items in […]

By Adam Malik | October 22, 2019

3 min read

Is it time for a U.S.-style flood insurance program?

Although the National Flood Insurance Program (NFIP) in the United States has its shortcomings, a similar program could benefit Canada if steps were taken to avoid its flaws, suggested an article published in MSA’s Quarterly Outlook Report for Q2 2019. Some of the flaws include the continuous renewal of flood insurance policies despite repeated claims […]

By Jason Contant | October 18, 2019

4 min read

Maritimes hit by strong fall storm

HALIFAX – Maritimers are facing strong gusts and localized downpours today as a slow-moving low pressure system crawls through the region. Ian Hubbard, a meteorologist at Environment Canada, says it’s expected that there will be sustained winds of about 60 kilometres per hour through much of Nova Scotia, Prince Edward Island and parts of New […]

By Jason Contant | October 17, 2019

1 min read