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Canadian Underwriter
canadianunderwriter. ca > news > claims > how-insurers-can-face-real-world-climate-risks

How insurers can face real-world climate risks

16+ hour, 48+ min ago  (494+ words) Broader modelling work can show how trends can coalesce into problems for clients It wasn't your imagination, 2024 really was a climate risk turning point for insurers and reinsurers in Canada, panellists tell a session on global climate resilience at Insurance…...

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Canadian Underwriter
canadianunderwriter. ca > your-business > legal-regulation > pc-insurance-regulators-and-ombudservices-seek-to-confer-more-often

P&C insurance regulators and Ombud Services seek to confer more often

1+ week, 2+ day ago  (494+ words) Insurance regulators to obtain quarterly reports of consumer complaints to Ombud Services Canadian property and casualty insurance regulators plan to meet more regularly with Ombuds agencies to ensure consumer disputes with P&C insurers are handled fairly. The Canadian Council…...

Canadian Underwriter
canadianunderwriter. ca > news > claims > how-canadas-commercial-liability-market-is-shifting

How Canada's commercial liability market is shifting

2+ week, 1+ day ago  (490+ words) Canada's commercial liability market has shifted decisively in favour of buyers in 2026, according to Aon's Spring 2026 Canadian Insurance Market Update. "After several years of constrained capacity and firm pricing, insurers are now competing actively for quality accounts, particularly in primary…...

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Canadian Underwriter
canadianunderwriter. ca > news > industry > why-brokers-are-feeling-the-squeeze-from-directs

Why brokers are feeling the squeeze from directs

4+ week, 1+ day ago  (470+ words) Brokers are increasingly concerned about the the growth of directs in an economy in which affordability has become paramount....

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Canadian Underwriter
canadianunderwriter. ca > news > industry > what-clients-would-rather-do-than-review-home-insurance-policies

What clients would rather do than review home insurance policies

2+ week, 2+ day ago  (513+ words) Clients hate reading policy documents but simplified language could help change that How can you persuade your clients to read their policies thoroughly? It's not easy, says a new survey conducted by L'ger for Allstate Canada, which finds 81% of insurance…...

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Canadian Underwriter
canadianunderwriter. ca > news > home > will-home-insurance-clients-pay-for-climate-upgrades

Will home insurance clients pay for climate upgrades?

2+ week, 6+ day ago  (385+ words) Many homeowners remain reluctant to pay for key home upgrades Canadian homeowners are no strangers to bad weather and a recent survey finds 86% of them believe their homes face extreme weather risks. But 59% of those respondents have not installed, and…...

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Canadian Underwriter
canadianunderwriter. ca > news > risk > the-connection-between-flood-risk-and-housing-affordability-in-ontario

The connection between flood risk and housing affordability in Ontario

3+ week, 1+ day ago  (636+ words) Flood risk is making housing less affordable in Ontario by driving up home insurance premiums, according to a new joint study by insurtech My Choice and digital real estate platform Wahi. The study analyzed how flood risk is influencing the…...

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Canadian Underwriter
canadianunderwriter. ca > news > industry > how-canadas-commercial-coverage-rates-fared-in-q1-2026

How Canada's commercial coverage rates fared in Q1 2026

3+ week, 6+ day ago  (542+ words) Pricing eases across major product lines, consistent with industry comments Data are starting to support broker and insurer anecdotes about softening commercial insurance lines in Canada. Marsh's global insurance market index (GIMI) report, a proprietary measure of commercial insurance rate…...

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Canadian Underwriter
canadianunderwriter. ca > news > commercial > commercial-specialty-lines-showing-unexpected-softening

Commercial specialty lines showing unexpected softening

4+ week, 19+ hour ago  (610+ words) Ai Insurance Organization Randy Carroll says he's seeing softening in four commercial lines of business Commercial specialty lines are witnessing a softening market " but in some lines of business that may come as a surprise. Canadian Underwriter has heard over…...

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Canadian Underwriter
canadianunderwriter. ca > news > whats-the-latest-on-the-feds-flood-insurance-backstop

What's the latest on the feds' flood insurance backstop?

4+ week, 1+ day ago  (698+ words) IBC says design must now account for private coverage extending deeper into flood risk Three years ago, Canada's federal government committed funds to build a new national flood insurance program. Since then, public announcements regarding progress on the file have…...

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