Canadian Underwriter

Applied Systems Canada Achieves CSIO’s eDocs Certification

One of Canada’s most scenic highways has reopened as the wildfire in Jasper National Park continues to be held.

Given the huge insurance losses caused by natural catastrophes in Ontario and Quebec over the past month, insurers are calling on governments to focus on improving Canadian water infrastructure to handle the intensifying rainstorms. But funding the upgrades will be a daunting task.

Insurers can expect a cavalcade of hurricane threats in September — meteorologists are forecasting six to 10 named storms within the next month, AccuWeather warns.

CN said their last offer to the union before the work stoppage received no response and included improved wages, improved rest times and more predictable schedules. “Without an agreement or binding arbitration, CN had no choice but to finalize a safe and orderly shutdown and proceed with a lockout.”

A new poll suggests more Canadians are feeling the direct impacts of extreme weather, but that has not changed overall opinions about climate change.

Financial institutions asked for the flexibility to scale regulated review of business’ change management activities to the type of change initiated. OSFI responded that “change management activities should apply to significant changes.”

For Canada’s P&C insurance industry, IFRS 17 is ushering in an era in which people must understand how to speak multiple languages. “This is not progress.”

Drivers of Canada’s Top 10 stolen cars are shelling out about 37% more than the average price for comprehensive insurance coverage. Still, the risk appetite for auto insurers varies, and that’s one reprieve brokers have for helping their customers. RATESDOTCA Group Ltd.

Three commercial insurance providers in Alberta won their appeal in a $9.7-million pollution claim regarding when a gas pipeline leak was “detected.”