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Top canadianunderwriter.ca News

Data Breach May Have Impacted Health Information of 200K Ontarians
Doug Ford · Ontario

Data Breach May Have Impacted Health Information of 200K Ontarians

54% Left coverage: 13 sources
See the Story
Nova Scotia Power Says Former Customers Also Impacted by Breach, Extends Credit Monitoring
Nova Scotia Politics · Nova Scotia

Nova Scotia Power Says Former Customers Also Impacted by Breach, Extends Credit Monitoring

69% Left coverage: 13 sources
See the Story
Environment Canada Confirms Tornado in Brazeau County, Southwest of Edmonton
Tornado · Canada

Environment Canada Confirms Tornado in Brazeau County, Southwest of Edmonton

67% Center coverage: 3 sources
Environment Canada is confirming a “significant” tornado did indeed touch down in a rural area southwest of Edmonton on Wednesday. The tornado formed near Cynthia and Lodgepole in Brazeau County, about 170 kilometres from Alberta’s capital, meteorologist Brian Proctor told CityNews. Proctor says the conditions were “perfect” for tornado activity. “We had a digging trough […]See the Story

Zurich-BOXX Deal Shines Spotlight on Canadian, Home-Grown Insurtech

100% Center coverage: 1 sources
Zurich Insurance Group has entered into an agreement to acquire Canadian-based cyber insurance specialist BOXX Insurance. The terms of the deal were not disclosed. Zurich says BOXX will be integrated into its Zurich Global Ventures (ZGV) group, with BOXX continuing under its own brand. The deal will see BOXX continue as a standalone entity. Launched in 2018, BOXX has grown to serve close to one million customers across five continents. It’s an e…See the Story

How Brokers Can Boost Their Value Proposition

100% Center coverage: 1 sources
Photo by iStock/Khafizh Amrullah Brokers continue to believe specialization is an important key to their future success. So say the majority of broker respondents to Canadian Underwriter’s 2025 National Broker Survey. Eighty four percent answered ‘yes’ when asked whether brokers ‘need to become more specialized to withstand changing technology and sales models.’ This year’s percentage is only slightly below the 86% of brokers giving that respons…Real EstateSee the Story

New action plan aims to help Jasper adapt to climate change

Coverage: 2 sources
iStock.com/SL_Photography JASPER – Council was presented with an action plan to help the municipality become more resilient to climate hazards and better prepare for climate risks. Council is expected to approve Jasper’s Climate Adaptation Action Plan as presented during its next meeting on July 8. Mona El Dabee, energy and environment manager, explained on Tuesday (June 24) how the action plan specifically targets Jasper’s highest risks: wildfi…Climate Change · JasperSee the Story

How auto fraud reporting is changing in Ontario

100% Center coverage: 1 sources
Photo by iStock/ISerg A rule authorizing and enabling insurers to report data to Ontario’s Fraud Reporting Service (FRS), with the aim of improving data related to auto insurers’ fraud management work, was approved Jun. 17 by Ontario’s Finance Minister. The rule takes effect 15 days after the approval. Along with the rule change, the Financial Services Regulatory Authority of Ontario (FSRA) issued guidance that “affects all insurers that are lic…Ontario, Canada · OntarioRead Article

Cyberattacks lead to lower shareholder value: Aon

100% Center coverage: 1 sources
iStock.com/Andrii Yalanskyi Airlines, hydro companies, and school boards — those are just a few sectors in Canada that faced high-profile cyberattacks in recent weeks.  Typically, cybersecurity teams are working hard to resolve the nature, cost, and impact of a breach. But companies are also experiencing reputational damage, which in turn shakes shareholder confidence in the company, a new Aon report finds.  In fact, cyber events causing reputat…Canada · CanadaRead Article

Lawyers can't serve insurers with auto claims just because they can't find the defendants: court

100% Center coverage: 1 sources
iStock.com/Richard Villalonundefined undefined Counsel for car crash claimants can’t simply serve their lawsuits on the defendants’ insurance companies just because it’s ‘inconvenient’ to serve the defendants with the claim, Ontario’s Superior Court has confirmed. “The three most important words in [Ontario’s Rules of Civil Procedure regarding service of a lawsuit] are ‘impractical,’ ‘prompt’ and ‘may.’ These are not synonymous with ‘inconvenien…Ontario, Canada · OntarioRead Article

Right to sue could lower projected savings under Alberta's auto reforms

Coverage: 2 sources
iStock.com/selensergen Preserving a limited right to sue at-fault drivers under Alberta’s proposed ‘Care First’ auto reform means the province’s drivers might wind up paying an average of $136 more annually for car insurance, Canada’s insurers say. Insurance Bureau of Canada commissioned MNP to do a cost impact study of including a limited right to sue at-fault drivers under the province’s proposed new no-fault auto insurance model. IBC released…Alberta · AlbertaSee the Story

Risk of insurers failing increases following earthquake aftershocks

100% Center coverage: 1 sources
iStock.com/filo Insurers are taking a simulation model to Ottawa to show the escalated contagion risk of a major earthquake — and its expected aftershocks — bankrupting Canadian insurers. Insurers have already explored the “contagion risk” of multiple insurers failing as a result of a single-event major earthquake in Canada. However, recent risk modelling conducted by the Property and Casualty Insurance Compensation Corporation (PACICC) shows th…Vancouver, British Columbia · VancouverRead Article

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