Claims
In the report, IBC included candid feedback from a variety of stakeholders, including restoration companies, insurers and brokers.
By Jason Contant | July 25, 2024
3 min read
The industry can expect “significant losses” after out-of-control wildfires reached the town of Jasper, Alberta last night.
By Alyssa DiSabatino | July 25, 2024
5 min read
Industry
Although there have been “growing rumbles of a ‘softening’ in commercial liability markets,” there's limited evidence to support this in Q1.
By Jason Contant | July 24, 2024
The Bank of Canada cut its key interest rate for a second consecutive time, but warned the path back to 2% inflation may be uneven.
2 min read
There’s clear reason to be concerned about the stability of the auto insurance line in Canada, PACICC says in a new report.
By Jason Contant | July 23, 2024
Multiple wildfires in Jasper National Park flared up Monday night, forcing all park visitors and 4,700 residents of Jasper to flee.
Quebec provincial police have seized more than 28 vehicles and thousands of dollars as part of the fight against organized crime.
By Jason Contant | July 22, 2024
1 min read
Canada’s insurance market ranks eighth in the world by total premium volume, according to a new study from the Swiss Re Institute.
Even with increased flood insurance coverage take up rates, damages from last week’s flash flood in Toronto remain manageable for insurers.
By Alyssa DiSabatino | July 22, 2024
Cat bonds covering major perils such as Canadian earthquakes can help the P&C insurance industry lower pricing for quake risk.
By David Gambrill | July 22, 2024
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