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Before likely ‘ferocious’ wildfire season, fire chiefs worry about drop in volunteers

As Canada looks ahead to what experts fear could be another devastating wildfire season, fire chiefs say they are worried about the dwindling number of volunteers available to combat the rising threat. Ken McMullen, president of the Canadian Association of

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How cloud services can speed up the P&C industry

Cloud-based services can serve as a much-needed speed accelerator to the Canadian P&C insurance industry, eliminating friction and digitizing the customer experience, speakers said Thursday at the 2024 CIP Society Symposium in downtown Toronto. “I personally think the biggest threat

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Why LAT is reconsidering an accident benefits claim after an auto accident

A decision in which a woman whose psychological trauma was triggered after she viewed the dashcam footage of an auto accident she was involved in — and spotted a house in the background where she’d lived and was the victim

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2023 P&C financial results return to Earth

Gravity brought financial results for Canada’s property and casualty insurance industry back down to Earth in 2023, despite a rebound to pre-pandemic investment returns. “As we predicted last year at this time, the abnormally high industry returns for 2021 and

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IISA – Introduction to Condominium Insurance

Understand condominium insurance so you can advise Unit Owners and Boards about the unique aspects of insurance related to their needs within The Condominium Act (2014) and Regulations (2020) of Alberta. Learn the basics of condominium insurance Complete review of

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BrokerLink’s triple acquisition in Ontario

BrokerLink has acquired two Ontario brokerages outright, as well as the personal and small-to-medium-enterprise commercial books of business from Halpenny Insurance Brokers Ltd.   BrokerLink fully acquired M. Edward Powell Insurance Brokers Ltd. in Oakville, Ont., and Russ Bastow Insurance

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How new commercial truck drivers can get better insurance rates

Mandatory entry-level training (MELT) for new commercial truck drivers needs to be implemented across Canada, and trucking companies must follow this up with mentorship and onboarding programs, a new report commissioned by the Insurance Bureau of Canada recommends. Plus, safety

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Made-in-the-Maritimes rideshare service to serve rural areas

NEW BRUNSWICK — St. Stephen is hoping a made-in-the-Maritimes rideshare app will help residents get around town – and possibly beyond. Future St. Stephen, the town’s economic development agency, has agreed to a six-month pilot project with Kari, a P.E.I.-based

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3 building blocks for using new commercial lines tech

Technological breakthroughs in commercial lines are helping brokers win over Canadian business owners seeking insurance coverage. Brokers can do three things to stand out in this crowded, competitive market. They can standardize their data capture, simplify their quoting and submission

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Carbon insurance: Bigger than cyber?

The global voluntary carbon market (VCM) is expected to show “hockey stick growth” over the next few decades, representing a dramatic opportunity for the insurance industry. “Look at the cyber market now in insurance — it’s the new big thing,”

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What’s the next frontier for assessing property risk?

Next-generation data, analytics and risk models are giving property risk assessment a much-needed facelift. The increased frequency and intensity of natural disasters, combined with population growth in NatCat-prone regions, is escalating property and casualty (P&C) insurers’ claims and losses. A

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Why insurers urge better training for new commercial truck drivers

An urgent need exists for more comprehensive training of new commercial truck drivers, says a new report commissioned by the Insurance Bureau of Canada. “Canada’s trucking sector is critical to the success of our economy, transporting over 90% of all

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Drought, heat raise risk of repeat of last summer’s record-breaking wildfires

Persistent drought and months of above-average temperatures have raised the risk of a repeat of last year’s record-breaking wildfires. Federal officials say conditions are already ripe for an early and above-normal fire risk from Quebec all the way to British

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30 Forensic Engineering Congratulates Daniel Balagot P.Eng. on Receiving the Certified Fire & Explosion Investigator (CFEI) Designation

TORONTO, ON, APRIL 10, 2024 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensics firm, is pleased to announce that Daniel Balagot, B.A.Sc., CFEI, P.Eng., is certified by the National Association of Fire Investigators (NAFI) as a Fire & Explosion

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ServiceMaster Restore Owners Win Silver for 2024 Franchisee of the Year from Canadian Franchise Association

MONTREAL, QC, APRIL 10, 2024/insPRESS/ – ServiceMaster Restore is proud to announce that owners Justin Callon, Andrew Jackson and Billy Van Wyck of ServiceMaster Restore of Niagara, ServiceMaster Restore of Guelph and ServiceMaster Restore of Kitchener-Waterloo are the Silver winners

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Why this MGA is betting on carbon insurance

Specialist insurance provider CFC has entered the voluntary carbon market (VCM) with the launch of a carbon delivery insurance product that safeguards the purchase of carbon credits. VCMs are decentralized markets in which individuals or organizations buy credits to voluntarily

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Hurricane season’s on the horizon — are we ready?

It won’t be long before June arrives, bringing with it the 2024 hurricane season. That might be a problem for Canada’s adjusters and insurers given many are still managing residual claims from Hurricane Fiona’s 2022 battering of the East coast.

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Small businesses face rising risk of litigation from Canadians

Canadians are getting more litigious, and that means small business owners face a heightened risk of legal disputes, according to a recent survey by Zensurance.  The majority (69.3%) of Canadian consumers say they’d sue a small business if they were

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Level 1 agent/broker licensing- Atlantic

The Insurance Institute licensing courses are offered in a range of formats so you can select the option that fits your schedule. Level 1 broker/agent licensing We are here to support you. Enroll for our  3 or 5-day format to

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April Broker Bash – GTA

April Broker Bash Join us on Thursday, April 25th at The Fifth Social Club as we celebrate Broker Bash, the networking event for the insurance industry. All industry professionals are welcome. When Thursday, April 25th, 5:00 PM Where The Fifth Social Club 225 Richmond

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IIO-Hamilton/Niagara Chapter – Weather Gone Wild – Part 1

Protecting Homes and Communities from the Growing Risk of Flooding Get ahead of the damage The impacts of flooding on Canada’s residential housing market are growing, driven by irreversible climate change. Despite this trend, there is good news. Insurers are

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IIO- Hamilton/Niagara Chapter- Weather Gone Wild – Part 2

Protecting Homes and Communities from the Growing Risk of Wildfire in Forested and Grassland Regions Get ahead of the damage Driven by climate change, wildfires are impacting homes and communities with increasing frequency and severity across Canada’s forested and grassland

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Heavy rain causes flooding, damage in Newfoundland

Heavy rain over the weekend brought a mix of localized flooding, washouts, and slides to much of the west coast of Newfoundland. In Lark Harbour, there were no washouts, but damage to houses, trails, and some roadways. For some residents

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Expand Your Horizons with FIRST Canada at the 2024 IBAA Convention

TORONTO, ON, APRIL 9, 2024/insPRESS/ – Expand your horizons with innovative payment solutions from FIRST Insurance Funding of Canada (FIRST Canada). Enhance your offering with flexible payment options, elevate your client experience, and enhance your value proposition. FIRST Canada is

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FIRST GENERAL IS PLEASED TO ANNOUNCE THE GRAND OPENING OF PRINCE EDWARD ISLAND LOCATION!

Voir français ci-dessous TORONTO, ON, APRIL 8, 2024/insPRESS/ – We welcome Patrice Desjardins, owner of First General Prince Edward Island to the First General network. Patrice has extensive experience in the construction industry, having started at the age of 16

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Court upholds Aviva’s travel deductible for trips to medical appointments

Newfoundland and Labrador’s Supreme Court has dismissed a proposed class action lawsuit against Aviva Canada and Aviva General Insurance Company over a discretionary travel deductible the insurer imposed on medical and rehab accident benefits expenses. Aviva imposed a 25-kilometre (round

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Will polarization kill water cooler chat at Canada’s brokerages?

A polarized social and political climate means one-third of employees at P&C brokerages across Canada avoid conversations about controversial subjects while at work, Canadian Underwriter’s 2024 Brokerage DEI survey finds. The survey asked respondents about numerous aspects of diversity, equity and inclusion

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FIRST Canada Strengthens Senior Leadership Team with AVP, Product Strategy and Customer Success Role

TORONTO, ON, APRIL 8, 2024/insPRESS/ – FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in payment solutions, is pleased to announce the appointment of Susanna Fraser-Kuipers in the role of AVP, Product Strategy and Customer Success. As the

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HSB Canada announces new president and CEO

Barbara Bellissimo is the new president and CEO of HSB Canada, part of Munich Re.  She succeeds John Mulvihill, who retired after a 34-year-long tenure with HSB Canada.  Bellissimo’s insurance career began in 1986. She’s since held multiple positions in

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WICC X Relay For Life Toronto 2024

  Join WICC at Relay for Life on Thursday, June 6, from 5.30pm – 10.30pm Women in Insurance Cancer Crusade (WICC) is once again supporting the Canadian Cancer Society’s signature event, Relay For Life, where funds raised go directly toward

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