Fort McMurray insured loss a record $3.58bn
Insured losses from the May wildfire that hit Fort McMurray total $3.58m, the Insurance Bureau of Canada said. That is the biggest loss total due to natural catastrophe in Canadian…
Insured losses from the May wildfire that hit Fort McMurray total $3.58m, the Insurance Bureau of Canada said. That is the biggest loss total due to natural catastrophe in Canadian…
ALBERTA HAS become the first province to adopt auto insurance regulations for ride-sharing companies such as Uber and TappCar. The path to such a regime was cleared earlier this year…
INSURERS are hoping radical reforms proposed for Ontario’s financial services regulator in a review panel’s final report will begin to be implemented later this year. The final recommendations, released to…
Our annual summer break is now upon us, with the July 11 weekly edition the last until we return on Sept. 12. Our daily email news upgrade service will resume…
CANADA’s provincial insurance overseers are seeking public feedback this summer on a review of property insurance. As promised after its spring meeting, the Canadian Council of Insurance Regulators has published…
DRIVERLESS cars have the potential to profoundly change insurance and one of the most prominent shifts may be a transformation of auto coverage from a personal lines to a commercial…
THIS YEAR’s federal budget contains more than the usual fare for the p&c industry, with long-sought cross-border reinsurance tax relief, climate change mitigation pledges and a postponement of the review…
THE INSURANCE Brokers Association of B.C. is downsizing. Via a mail-in vote, the association’s membership recently approved a special resolution that calls for a smaller board of directors. Executive director…
THE INCREASING pace of change makes it more important than ever for Ontario mutuals to stick together, the incoming chair of their association said. “For us to continue to grow…
SALES OF DRONES have been soaring over the past year but insurance demand and regulations for them have been slow to get off the ground in Canada. Zurich Canada has…