Technology - Self-Driving Cars

Canadian insurance officials issue recommendations regarding self-driving cars

The Insurance Bureau of Canada is looking at the future of automated vehicles directly in the face. The Insurance Bureau of Canada (I.B.C.) has issued…

canadian flooding overland insurance

Canadian flooding may leave homeowners paying out of pocket

Heavy rains soaked huge portions of Ontario and Quebec as well as British Columbia and New Brunswick. The Canadian flooding from last week’s record level…

Natural Disaster damage insurance trends

Natural disaster damage is causing the insurance industry to struggle

Insurers are facing growing challenges with the cost of environmental catastrophes from fire to flooding. A new statement from the Insurance Bureau of Canada has…

Fort McMurray wildfire

Fort McMurray wildfire insurance costs will be highest in the history of Canada

The Insurance Bureau of Canada estimates a total insured loss of approximately $3.58 billion. The tremendous Fort McMurray wildfire that ripped through the region in…

Fort McMurray wildfire insurance adjusters

First mobile units with insurance adjusters head to Fort McMurray, Canada

As the wildfire that has eaten much of the city begins to move in a new direction, insurers are sending in teams. On Sunday, the…

climate change insurance industry

Climate change extremes force the insurance industry to form new strategies

As the weather breaks away from historical trends and reaches record breaking highs and lows, insurers face increasing costs. Now that climate change has become…

life insurance industry canada

Insurance industry needs to evolve to handle greater risks

Canada’s insurers, and other parties, will have to adapt to the growing frequency of natural disasters Severe weather is beginning to have a major impact…