Industry
Canada's P&C insurance industry is struggling to make sense of how reporting under IFRS-17 makes results incomparable.
By Phil | August 6, 2024
3 min read
Claims
Insured losses for the CrowdStrike software update error could be in the range of US$300 million to US$1 billion. Why it wasn't worse....
By David Gambrill | August 2, 2024
Beyond pressures seen in the personal lines auto and property markets, the industry will need to keep its eye on several things in 2024.
By Phil | August 2, 2024
2 min read
JASPER, Alta. – Jasper National Park says wildfires in the area have grown by thousands of hectares and are set to expand further on Friday. The park says the wildfire remains out of control and has grown by about 7,500 hectares, bringing it to about 39,000 hectares. It says the new growth was expected and […]
By Jason Contant | August 2, 2024
1 min read
Post IFRS-17, the industry has worked hard to build transparent KPIs for reporting financial results, but they can be misinterpreted.
By Phil | August 1, 2024
Sexual harassment is included in a D&O policy exclusion for “sexual misconduct,” even if the words don't appear in the policy definition.
By David Gambrill | August 1, 2024
The landslide blocked the river that feeds into the Fraser River, prompting the B.C. government to issue flood warnings and watches.
By Jason Contant | August 1, 2024
Intact writes 27.2% of auto premiums in Alberta. But the national insurer says the province's rate cap is making its appetite reduce.
By Alyssa DiSabatino | July 31, 2024
A fire caused when batteries from a lawnmower and weedwhacker consumed a home in Strathcona County, east of Edmonton, Alta. earlier this month are a stark reminder of the risks posed by lithium-ion batteries. The homeowner escaped unharmed but the house is said to be ‘a write-off,’ according to reports from Global News and other […]
By Phil | July 31, 2024
Attacks on religious-based institutions locally and around the world are not affecting insurance pricing in Canada, Ecclesiastical says.
By Jason Contant | July 31, 2024
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