9+ hour, 35+ min ago   (481+ words) Severe storms that hit parts of Ontario on July 27 to 28 and August 1 to 3 caused an estimated $360 million in insured damage, according to initial figures from CatIQ. The storms brought intense rainfall and flash flooding to the Niagara Region, including St....

3+ day, 9+ hour ago   (535+ words) A state of local emergency remains in effect across Inverness, Richmond and Victoria counties in Cape Breton, Nova Scotia, after a slow-moving weather system dropped more than 200 millimetres of rain over the Labour Day weekend, washing out raods, culverts and…...

1+ week, 2+ day ago   (384+ words) Every Canadian small business owner who has borrowed commercially through a bank or alternative lender is likely familiar with the personal guarantee. Before a lender releases capital to a company, it typically requires the principal - sometimes multiple principals - to sign…...

1+ week, 3+ day ago   (747+ words) Canadians looking to reduce their insurance costs have more options than simply cutting coverage, and exploring those options first is the better strategy in nearly every case, according to Kristen Gill, vice-president, general insurance at TD Insurance. Gill's advice starts…...

2+ week, 1+ day ago   (404+ words) A fast-moving storm swept across central and eastern Prince Edward Island Wednesday afternoon, bringing high winds, hail, heavy rain and a suspected tornado near Souris. The storm hit Charlottetown around 1:40 p.m., knocking out power to thousands of Maritime Electric customers and…...

2+ week, 2+ day ago   (517+ words) A sample quote comparison from Ontario brokerage Mitch Insurance showed a real, substantial premium gap facing newcomers to the province. For three fictional 45-year-old Toronto drivers with identical clean records, driving a 2024 Mazda CX-5: a Canadian-born driver insured one year with…...

2+ week, 2+ day ago   (611+ words) Insurance Business IBC pushes climate adaptation into Quebec's election campaign Quebec's flood zone remapping is under way. Up to 77,000 properties could end up reclassified. Brokers with Quebec property and development clients should be acting on this before October 5, not after…...

2+ week, 3+ day ago   (386+ words) A new report from Canada's Federal Housing Advocate and the Assembly of First Nations is calling on Ottawa to help develop a First Nations-led insurance captive, one of ten recommendations aimed at addressing what the report calls systemic inequities in…...

3+ week, 1+ hour ago   (867+ words) A federal flood insurance backstop promised since 2019, funded at $450 million and targeted for an April 2026 launch, still has no delivery date. With no public mechanism in place, the job of explaining who is and is not covered for overland flood…...

3+ week, 3+ day ago   (427+ words) CatIQ has raised its loss estimate for the severe thunderstorm event that struck southern Ontario and southern Quebec between June 30 and July 3, 2026, to $439 million, up from the initial estimate of $374 million issued shortly after the event. The 45-day update, which…...