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Association says government can improve insurance market conditions for businesses

By Kate McCaffery | May 8, 2024, 4:28 p.m.

Photo: Adobe Stock

New report recommends policies to help stabilize the commercial insurance market.

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Headlines

Extreme weather trends put insurers’ profits at risk

Pay inequality persists into retirement

Car theft claims costs increase 254 per cent in five years

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Flash

Extreme weather trends put insurers’ profits at risk

Pay inequality persists into retirement

Car theft claims costs increase 254 per cent in five years

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CANADIAN FEDERATION OF INDEPENDENT BUSINESS (CFIB)

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INSURANCE BUREAU OF CANADA (IBC)

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Quebec flood zone map raises concerns even before its release

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Commercial truck driver training lacking

Distribution

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Intact's earnings up 79 per cent for the first quarter of 2024

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Regulation

Insurers’ association advocates for retaining employer control over benefits

Health insurance fraud constantly on the rise

Surety association raises concerns about information underpinning recent policy

Artificial intelligence can help insurers’ streamline claims processing

Special risks

State of risk landscape changing

Protection gap persists for intangible assets

Environmental perils emerging as leading morbidity and mortality drivers

Psychosocial risks remain a workplace issue

Strategy

Canadian application activity grows in April

The Insurance Portal’s evolution and innovations

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Cyberrisks

Interrelated megatrends driving volatility and causing enterprise-wide risks

Fallout of a cyber catastrophe modelled by reinsurer

Embracing artificial intelligence is crucial for industry

Pension funding rises in March

Climate changes

Intact launches wildfire loss prevention and suppression services

Fund managers concerned by climate change

Actuarial services in demand as new disclosure standards are deployed

Global insured catastrophe losses expected to grow