More Canadians seek insurance protection for Cat disasters
Extreme weather events affect one out of every five households, and Canada’s property and casualty insurance industry has an opportunity to close insurance protection gaps for financially vulnerable...
View ArticleDid cloud seeding reduce Canada’s costliest hailstorm damage?
You can’t change the weather, but you can suppress the size of hailstones in Alberta to mitigate damage to properties, says an expert at Cat IQ Connect in Toronto. A weather modification process called...
View ArticleThe latest M&A activity in the mutual insurance space
The latest merger and acquisition activity in the Canadian mutual space has one U.S. mutual insurer acquiring a Canadian crop hail insurance provider, and three Ontario mutuals amalgamating in a...
View ArticleStorm grinds St. John’s to a halt, leaving N.L. capital under 40 cm of snow
ST. JOHN’S – An intense winter storm grounded flights, shut down schools and stopped public transit Monday morning in St. John’s, N.L., leaving the capital of Canada’s easternmost province to dig out...
View ArticlePublic fund not automatically a default insurer when driver policy lapses
Ontario’s Motor Vehicle Fund (MVF) is not automatically a default insurer for an uninsured driver who is caught between auto insurance policies, the Ontario’s Licence Appeal Tribunal confirmed...
View ArticleWhy new home builds must factor flood and fire risk
Canada’s housing shortage is sparking a race to build homes, but the speed at which projects are moving may place some planned structures at risk of damage by flood and fire, a new report from the...
View ArticleAuto theft continues to drop nationally
Efforts to reduce auto theft continue to pay off — but the number of vehicles stolen in 2024 is still “unreasonably high,” the industry’s fraud prevention association announced today. Nationally,...
View ArticleWhere Calgary’s post-hailstorm claims efforts stand
Six months later, most auto insurance claims stemming from Calgary’s Aug. 2024 hailstorm have been completed, Insurance Bureau of Canada (IBC) notes in a recent press release. The home repair pace,...
View ArticleIntact in a “strong position” to navigate trade war: CEO
Intact executives are confident the company is well-positioned to endure a potential trade war with the United States, given their low use of U.S.-sourced materials and supplies in auto and property...
View ArticleWinter storm wreaks havoc on commute, closes schools across Ontario, Quebec,...
Major snowfall disrupted travel plans, closed schools and shuttered city services in parts of Ontario, Quebec and the Atlantic provinces Thursday, as communities dug out from upwards of 20 centimetres...
View ArticleClaims blowing in from Ontario, Quebec’s weekend winter storm
As people dig out from a trifecta of snowstorms that swept the eastern half of Canada, adjusters are beginning to respond to claims. But with snowbanks piled high across two provinces, the biggest...
View ArticleHow Sonnet is performing post-Alberta auto exit
Sonnet Insurance’s exit from the Alberta auto market has allowed the online insurer to generate a profitable underwriting performance in 2024 Q4, Definity Financial Corporation president and CEO Rowan...
View ArticleBrokerLink acquires two Alberta brokerages following ‘milestone’ B.C. deal
BrokerLink has added to its roster with the acquisition of two brokerages in Alberta. On Feb. 13, BrokerLink announced its acquisition of Armour Insurance Group Ltd. and Northgate Insurance Centre,...
View ArticleCollision claims rise for electric vehicles in Canada
As Canadians increasingly embrace electric vehicles, the collision repair industry is seeing the impact. Battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), also known as...
View ArticleWestland’s first acquisition of 2025
Westland Insurance’s first acquisition of the year is the purchase of Youngs Insurance Brokers’ West Burlington office in Ontario. Youngs–Burlington West has served the Greater Toronto Area (GTA) for...
View ArticleWhat’s the top concern for Canadian drivers?
Distracted driving remains the top concern for Canadian drivers for the third consecutive year, according to Desjardins Insurance’s 2025 Road Safety Survey. Sixty per cent of approximately 4,000...
View ArticleAviva Canada’s plans for dealing with tariffs
Ongoing uncertainty about the implementation date of U.S. tariffs on Canadian goods makes it more difficult for Canada’s risk and insurance professionals to prepare for the risk, but Aviva Canada...
View ArticleHow steel tariffs could impact claims costs on car repairs
Tariffs on raw materials like steel and aluminum have the potential to increase repairable claims costs on both sides of the border, says Ryan Mandell, director of claims performance at Mitchell, an...
View ArticlePremier orders public inquiry into cost overruns at auto insurance board
Quebec Premier François Legault has ordered an independent public inquiry into cost overruns related to the online platform of the province’s auto insurance board, the Société de l’assurance automobile...
View ArticleWho’s on the hook if passengers can’t escape a burning EV?
An October 2024 accident along Toronto’s lakeshore involving an electric vehicle (EV) has raised concerns among insurance and legal experts following reports a surviving passenger couldn’t free herself...
View ArticleAviva Canada’s steps to bolster auto results
Despite a significant drop in auto theft nationally in 2024, auto insurance pricing remains challenged because of increased accident benefits claims costs and rising litigation costs, Aviva Canada’s...
View ArticleThe trade war is here: How it will affect the P&C industry
U.S. President Donald Trump today imposed a 25% general tariff on Canadian goods exported to the United States, starting a trade war expected to increase Canadians’ insurance premiums over the next...
View ArticleWhy insurance fraud is on the rise
Insurance fraud is on the rise, with higher costs of living, organized crime threats, and geopolitical instability among the key reasons, says Aviva Canada. Aviva Canada’s claims fraud investigations...
View ArticleWill cutting-edge vehicle designs drive new auto claims?
Auto designers have long offered gimmicks to make drivers feel they’re behind the wheel of something special. Recent decades have seen automakers offer features like push-button gear selectors and...
View ArticleHub’s latest Canadian P&C brokerage acquisition
Hub International Ltd. has enhanced its personal and commercial insurance capabilities with the acquisition of Drayton Valley Insurance Agency, Ltd. in Alberta. Chicago-headquartered Hub announced the...
View ArticleRegulator cracks down on auto policy sell-and-cancel schemes
B.C.’s broker regulator and public insurer continue to crack down on brokers who sell and then cancel long-term auto insurance policies instead of properly issuing temporary insurance permits for cars...
View ArticleHow Canadian and U.S. privacy laws impact clients’ telematics data
Connected cars can be a rich source of driver data for both automakers and insurers. Voluntary usage-based auto insurance programs, also known as telematics, are often described as a win for both auto...
View ArticleWhat exactly is an auto accident?
Having served as an Adjudicator at the Ontario License Appeal Tribunal (LAT) for five years, I’ve heard all types of accident benefits cases. The most challenging ones inquire whether or not an...
View ArticleHelp your Ontario clients understand their options
Ontario is making significant changes to its automobile insurance system, and brokers will be at the forefront of making clients aware of them. Beginning July 1, 2026, key accident benefits coverages...
View ArticleAlberta’s road to no-fault auto coverage…so far
Alberta started 2025 with its latest iteration of a rate cap for auto insurers. And the province is proposing to transition to a no-fault auto insurance regime by Jan. 1, 2027. While auto insurers...
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