Intact Financial Corporation (IFC) subsidiary BrokerLink “remains well on track to achieve its ambition of $5 billion in annual premiums by 2025,” IFC CEO Charles Brindamour said during the insurer’s 2024 Q1 earnings call Wednesday. In 2023, BrokerLink surpassed $3.5…

Reports of wood-framed roof collapses, ranging from simple agricultural roofs to complex roofs in industrial buildings, are frequent in North America. These collapses often are caused, or contributed to, by controllable factors like lack of maintenance, chemical attacks, moisture attacks,…

How many of us in the Canadian property and casualty insurance industry can relate to the iconic scene of the Toronto Maple Leafs’ star hockey players bickering with each other on the bench during the heat of the battle, en…

Precipitation in June will likely determine the severity of this year’s wildfire season in western Canada, says Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction (ICLR). Although it may seem like a quiet start to the year…

When a motor vehicle collision involves a public transit bus, many factors play into reconstructing injuries that may have occurred. And those factors centre around the differences between transit vehicles and conventional vehicles, such as passenger cars or light trucks.…

London Drugs is gradually reopening its stores across Western Canada more than a week after a cybersecurity breach forced the retailer to close. The company says it is working with independent cybersecurity experts to securely bring its systems back online…

B.C. libraries have been targeted by a hacker who demanded a ransom or they would release user data that includes the phone numbers and email addresses of some clients. The Cariboo Regional District says its library was among those involved,…

Lengthy wait times for auto repairs over the past three years, sparked by supply chain problems and other factors, have cost insurers a bundle, especially if clients have generous allocations for rental cars. Over the past few months, emerging evidence…

British Columbia’s auditor general says his office is doing a review of the province’s response to the 2021 wildfire that devastated the community of Lytton, B.C. Michael Pickup says in a video statement that the report will focus on the…

A very strong fourth quarter in 2023 turned an ‘average at best’ year into quite a good year for Canada’s P&C insurance companies, according to a new report from the Property and Casualty Insurance Compensation Corporation (PACICC).  “Reflecting on the…

Canadian home and auto insurance premium rates continue to increase year over year, per the 2024 Q1 results in the Applied Rating Index. “We continue to watch the market trends as premium renewal rates for both personal auto and personal…

Canada’s auto theft crisis remains in full swing, with some insurers reporting cases of consumers having the same vehicle make and model stolen multiple times. “This isn’t just an isolated case,” says Daniel Ivans, a RatesDotCa insurance expert and licensed…