Markets / Coverages
Condo association calls for changes to help corporations recoup losses
Quebec’s association representing condo corporations is reiterating a call on the newly re-elected provincial government to amend the Civil Code...
Munich Re to stop its backing for new oil and gas fields
BERLIN (AP) – Munich Re, one of the world’s biggest insurance companies, said Thursday that it will stop backing new...
Definity acquires majority stake in an Ontario brokerage
Definity Financial Corporation has increased its ownership interest in Ontario-based brokerage McDougall Insurance from approximately 25% to 75%, “building a...
Westland partners with American association for equipment, event rental coverage
Westland Insurance Group and the American Rental Association (ARA) have announced an exclusive partnership to deliver insurance solutions to ARA...
Clearing ports, adding skilled labour key to unblocking supply chain: task force
OTTAWA – A federal task force says Canada’s transportation supply chain is approaching its “breaking point” and urgent action from...
How do truck owners calculate downtime claims?
When a business’ profits are dependent on having a truck or fleet of trucks fully operational, any downtime can lead...
No way to enforce fire codes on First Nations, and new law would be costly: document
OTTAWA – There is no way to enforce building or fire codes on First Nations and pursuing a legislative fix...
How reinsurers view the rise of MGAs: a flash in the pan, or sustainable?
Global reinsurers are looking at the current rise of managing general agencies (MGAs) with a critical eye, questioning whether the...
Crews battle out-of-control wildfire in regional park in B.C.
COQUITLAM, B.C. – A regional park in British Columbia’s Lower Mainland has been closed since Saturday as crews battle a...
What happened to the ‘quiet’ hurricane season?
Not long ago, hurricane season began very quietly with no North Atlantic hurricanes in all of August. But now it...
