Industry

How cattle will help manage B.C. wildfire risk

A handful of ranchers in British Columbia’s Interior are getting ready to graze their cattle in concentrated areas near homes and community infrastructure, where they’ll eat the grasses that dry over the summer and heighten the wildfire risk. As part of a pilot program led by the B.C. Cattlemen’s Association, ranchers around Kelowna, Peachland, Summerland […]

By Jason Contant | April 8, 2022

4 min read

How profitable was Canada’s P&C industry last year?

Last year saw the lowest-ever combined ratio in the Canadian P&C insurance industry, making it the third most profitable year for Canada’s P&C insurance industry since 1975, according to the Property and Casualty Insurance Compensation Corporation (PACICC). “The 2021 industry combined ratio was 85.2%,” PACICC chief economist Grant Kelly and research assistant Zhe (Judy) Peng […]

By Jason Contant | April 7, 2022

2 min read

Defendants deny claims of wrongdoing in fatal B.C. train derailment lawsuits

Defendants in lawsuits filed by families who lost loved ones in a British Columbia train derailment are denying any wrongdoing in the deaths of three Canadian Pacific Railway employees.   The derailment happened on Feb. 4, 2019, when 99 grain cars and two locomotives plummeted off a bridge near Field, B.C.   Families of two of the […]

By Jason Contant | April 7, 2022

3 min read

Key challenges facing your construction industry clients

An ongoing labour shortage, exacerbated by the COVID-19 pandemic, is one of the key issues facing the construction industry in general, says the head of risk control with Travelers Canada. “I think the biggest prolonged challenge that comes around, seems to be every decade or so, is really around the shortage of qualified trades,” says […]

By Jason Contant | April 6, 2022

3 min read