2+ day, 4+ hour ago   (552+ words) Severe storms that swept across Quebec on June 20 and 21 caused more than $409 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Montreal's West Island and areas south of the city were particularly affected by…...

1+ week, 5+ day ago   (274+ words) A stiflingly hot weekend that set multiple temperature records across Manitoba and forced the cancellation of outdoor events is the latest example of a risk Canadian insurers said they can no longer treat as occasional: extreme heat cutting across event…...

2+ week, 4+ day ago   (309+ words) As Canada enters the heart of summer storm season, new analysis from First Onsite Property Restoration's annual Weather and Property Survey shows Canadians remain highly concerned about flooding, severe storms, tornadoes, and other climate-related weather risks. Those concerns are backed…...

3+ week, 3+ day ago   (448+ words) A heat wave gripping southern Ontario this week, with temperatures approaching 42°C with humidity and orange-level heat warnings in effect across much of the region, is a reminder of a risk category insurers have historically treated as background noise but…...

1+ mon, 4+ hour ago   (474+ words) French digital health insurer Alan has agreed a €480 million ($550 million) Series G funding round valuing the company at €5.5 billion ($6.3 billion), with Canada identified as the primary growth market for the fresh capital. The round is led by Prosus, one of…...

5+ mon, 1+ week ago   (411+ words) Quebec’s public auto insurer misled the provincial government and the public about soaring costs tied to its troubled online services platform, a public inquiry found, deepening a political and governance scandal around the SAAQclic project. Gallant’s 586‑page report found that…...

10+ mon, 3+ week ago   (607+ words) Canada’s insurance sector faces a looming talent crisis, but universities have done little to address it beyond actuarial science. That’s the concern raised by Dr. Edward Furman (pictured), professor at York University’s Department of Mathematics and Statistics, where he leads…...

10+ mon, 3+ week ago   (282+ words) Quebec Premier François Legault testified Tuesday that he was not informed about hundreds of millions in cost overruns at the province’s auto insurance board, a scandal now raising questions about the governance and stability of one of Canada’s largest public…...

10+ mon, 3+ week ago   (500+ words) Quebec's auto insurance board is going to make it easier for police to obtain documents in their investigation into hundreds of millions of dollars in cost overruns at the state-owned corporation, Transport Minister Geneviève Guilbault said Thursday. In a post…...

10+ mon, 4+ week ago   (424+ words) Quebec Premier François Legault has been called to testify at the public inquiry into the cost overrun scandal at the province’s auto insurance board. Legault's office and the Gallant Commission confirmed the premier will appear Sept. 2 at the inquiry, which…...