Blog Category: Industry News

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

110114-aig-logo-40.jpg

AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

Read More

Categories:

IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

Flooding-13.jpg

In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

Read More

Categories:

IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

Flood-23.jpg

The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

Read More

Categories:

P&C reserves running low after tough 2018

By: Luke Jones|April 18, 2019|4:54 pm

Dollarphotoclub_78425453-25.jpg

Property and casualty insurance companies in Canada are experiencing a reserve shortage after the industry reserves dipped to a seven-year low in 2018. The MSA Q4 2018 Quarterly Outlook shows…

Read More

Categories:

Collaboration vital to combat insurance fraud says industry expert

By: Luke Jones|April 13, 2019|6:34 am

Insurance fraud is a problem facing consumers, insurance companies, and governments and only a collaborative effort will result in meaningful changes. Industry professionals say insurance companies must work with government…

Read More

Categories:

Aviva Canada targets simplified claims model

By: Luke Jones|April 12, 2019|10:47 am

Aviva Canada

Aviva Canada says it has simplified its claims process by working directly with regulators across Canada’s provinces. The company says customers now receive claims on their insurance more easily thanks…

Read More

Categories:

IBC head calls for openness in disaster mitigation funding and improved industry sharing

By: Luke Jones|April 12, 2019|10:30 am

Calgary-Flood

Don Forgeron, CEO of the Insurance Bureau of Canada (IBC), says the government must simplify the process of gaining funds for flood mitigation projects. Furthermore, insurance companies can do better…

Read More

Categories:

Consumer education key to better climate change management says IBC head

By: Luke Jones|April 10, 2019|12:38 pm

Tornado

Climate conditions in Canada have caused debate for years but following last week’s report by Natural Resources Canada the discussion has intensified. In the government-backed Canada’s Changing Climate Report, NRC…

Read More

Categories:

Intact Financial confirmed cat losses “above expectations”

By: Luke Jones|April 9, 2019|1:40 pm

Intact-Insurance

Intact Financial says its losses were “above expectations” during the first quarter of this year due to weather led catastrophe. Canada’s largest insurance company says catastrophe and non-catastrophe weather events…

Read More

Categories:

Cannabis micro-cultivators enjoy growth as supplies drop

By: Luke Jones|March 31, 2019|6:31 pm

marijuana-1.jpg

Since the legalization of marijuana for recreational purposes last October, Canadians have shown how much they wanted legal pot. In fact, some provinces have reported short supplies and are trying…

Read More

Categories:

AIG Canada departs personal insurance market in Canada

By: Luke Jones|March 29, 2019|1:53 pm

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AIG Canada has announced it will stop writing personal lines in Canada. AIG communications director Lynn Woodburn told Canadian Underwriter this week the company is pulling out of personal business…

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IBC praises $400 million GTA/federal government flood mitigation fund

By: Luke Jones|March 27, 2019|12:44 pm

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In a press release on Wednesday, the Insurance Bureau of Canada (IBC) applauded a cooperation between cities in Ontario and the federal government that will see significant flood mitigation funding…

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IBC: February’s Ontario storms caused $48 million in damages

By: Luke Jones|March 27, 2019|12:32 pm

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The Insurance Bureau of Canada (IBC) this week published a new report that shows a storm that affected Ontario during February resulted in tens of millions of dollars in damage….

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