Industry

Southwestern N.L. mayor says climate change talks needed after another dump of rain

CHANNEL-PORT AUX BASQUES, N.L. – The mayor of a small town on the southwestern tip of Newfoundland says it’s time to have serious conversations about the impact of changing weather on communities like his, after another night of heavy rain. Brian Button said in an interview today that at times, the rain falling on Port […]

By Jason Contant | November 30, 2021

2 min read

More P&C brokers set sights on employee benefits M&A: brokerage exec

More P&C brokers than ever are recognizing long-term opportunities in what has become a hot employee benefits M&A market in Canada, a brokerage executive said. “The trend of P&C brokerages moving into the employee benefits space will continue to grow exponentially,” predicts Yan Charbonneau, president and CEO of Quebec-based Synex Group, a member of the […]

By Phil | November 29, 2021

2 min read

Commercial claims spike as global pandemic wreaks havoc

A surprising reveal in Canadian Underwriter’s Trusted Advisor 2021 survey is that 23% of business client respondents said they’d contacted their broker to make a commercial claim over the past two years. That’s up from 20% in the 2020 survey. “Instinctually, I think those numbers are higher than they traditionally would be,” said Stephen Stewart […]

By Phil | November 29, 2021

3 min read

How this insurer is calculating rates for Gender X auto clients

Starting Wednesday, The Dominion of Canada General Insurance Company will start applying the female rates to Nova Scotia auto clients who identify as Gender X. In a ruling released Nov. 19, the Nova Scotia Utility and Review Board approved The Dominion’s application to change its rates and risk-classification system for private passenger vehicles. At the […]

By Greg Meckbach | November 29, 2021

2 min read