SAAQ adds 150 new staff to address service delays
The Société de l'assurance automobile du Québec (SAAQ) will be addressing auto insurance service delays to its new...
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IBC issues winter storm advisory for Ontario
With Ontario currently going through one of the biggest snowfall events of the 2023 winter season, the Insurance...
CAMGA announces establishment of managing general agent-focused ombudservice
The Canadian Association of Managing General Agents (CAMGA) has announced that a new ombudservice dedicated to Canada’s managing...
Lloyd’s forecast to see best underwriting result since 2014: ICMR
The Lloyd’s insurance and reinsurance market could report its lowest combined ratio since 2014, according to a forecast from Insurance...
Insurance companies assess damage as food centre hit by burst pipes
Toilets, tomatoes and onions froze in the Qajuqturvik Community Food Centre over the Feb. 25 weekend, a water pump exploded,...
Allstate CFO sells over $1 million in stock
Jess Merten, the relatively new chief financial officer of Allstate, managed to collect $1.2 million last month through...
Revealed – which insurer tops the list for P&C customer satisfaction
Erie Insurance scored 38 points above the industry average in customer satisfaction with the home insurance claims experience. It ranked...
Ariel Re uses Lloyd’s London Bridge 2 vehicle for $170m of $270m capital raise
Global reinsurance company Ariel Re continues to seek new and efficient ways to enhance its capital-base, with the latest example...
Cat bond market could double to $70bn within five years: John Seo at SIFMA
The catastrophe bond market is seen as entering a period of particularly strong growth, with a potential doubling of the...
Allstate seeks $225m+ multi-peril catastrophe bond Sanders Re 2023-1
US primary insurance carrier Allstate is targeting at least $225 million of catastrophe reinsurance from its first catastrophe bond issuance...
