News

Average data breach costs Canadian organizations $6.32 million: IBM study

Claims

Average data breach costs Canadian organizations $6.32 million: IBM study

Canadian organizations embroiled in data breaches wind up paying an average $6.32 million to resolve the incidents.

By Jason Contant | July 31, 2024

3 min read

First Nations in northern Manitoba send residents south due to wildfire smoke

Claims

First Nations in northern Manitoba send residents south due to wildfire smoke

Three First Nations in northern Manitoba have sent hundreds of vulnerable residents south because of wildfire smoke.

By Jason Contant | July 30, 2024

1 min read

Can Canada’s P&C insurers expect a return to the bad old days?

Industry

Can Canada’s P&C insurers expect a return to the bad old days?

While many industry observers predicted 2023 would produce mediocre results for Canada's P&C insurance industry, the numbers say otherwise.

By Phil | July 30, 2024

3 min read

Jasper wildfire could become one of the costliest on record, report shows

Claims

Jasper wildfire could become one of the costliest on record, report shows

The Jasper wildfires could cause up to $700 million in insured damages, with extra claims from business interruption costs.

By Alyssa DiSabatino | July 29, 2024

3 min read