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your practice
Rising inflation puts pressure on clients’ ability to afford life and living benefits insurance
Sales man Real Estate agent offer and present home ownership project document and life insurance , insurance assurance quality concept.
british columbia
More Canadians buying flood insurance, but those in high-risk areas face hurdles
Debris flow in flood waters around a home in the Yarrow neighbourhood after rainstorms caused flooding and landslides in Chilliwack, British Columbia, Canada November 20, 2021. REUTERS/Jesse Winter
your practice
Why cybersecurity coverage costs in advisors’ E&O insurance are rising
To show empathy and truly solve problems, insurance advisors need to open up to new conversations with clients.
canada
Flood of atmospheric rivers in B.C. cost $675-million in insured damage
Floodwaters are seen from the air in Abbotsford, B.C., on Nov. 23, 2021. November's floods in British Columbia that swamped homes and farms, swept away roads and bridges and killed five people are now the mostly costly weather event in provincial history. THE CANADIAN PRESS/Jonathan Hayward
u.s. business
Tesla to cover travel costs for U.S. employees seeking out-of-state abortions
canada
Ontario Progressive Conservatives intend to raise injured workers’ compensation if re-elected
Ontario is set to introduce legislation that would make it easier for immigrants to get licensed to work in regulated professions and trades that match their areas of expertise. Ontario Minister of Labour, Training and Skills Development Monte McNaughton answers questions at the daily briefing at Queen's Park in Toronto on Wednesday, April 8, 2020. THE CANADIAN PRESS/Frank Gunn
canada
Emergency preparedness ministers say a national flood insurance program is needed
President of the Queen’s Privy Council for Canada and Emergency Preparedness Minister Bill Blair rises during question period, Monday, Feb. 21, 2022, in Ottawa. Federal and provincial ministers responsible for emergency preparedness will work together to develop a new national flood insurance program. THE CANADIAN PRESS/Adrian Wyld
british columbia
Western Canada: Federal government planning national overland flood insurance
Rising flood waters are seen surrounding barns in Abbotsford, B.C., Tuesday, Nov. 16, 2021. A recovery package is expected to be announced today for British Columbia's agriculture industry after devastating floods last November. THE CANADIAN PRESS/Jonathan Hayward
british columbia
Ottawa promises national insurance for homes in high-risk flood areas
Properties on Hatzic Lake are surrounded by high water after floodwaters began to recede, near Mission, B.C., on Sunday, Dec. 5, 2021. B.C. flood victims will be eligible next month for personalized support through the Canadian Red Cross to help navigate the recovery process and available funding programs. THE CANADIAN PRESS/Darryl Dyck
your practice
Popularity of reverse mortgages jumps despite still being seen as a ‘last resort’
A concept of money going out or into a home.
report on business
Home and auto insurers see profits climb as premiums rise for consumers
Shareholders attend the Fairfax Financial Holdings annual general meeting in Toronto on Wednesday, April 9, 2014. Fairfax Financial Holdings Ltd. has agreed to sell its interests in the RiverStone Europe insurance business to a fund managed by CVC Capital Partners. THE CANADIAN PRESS/Nathan Denette
opinion
Under Water: Where is the flood insurance coverage?
Glen Hodgson
nine to five
Can I get homeopathic treatment covered under disability benefits?
Homeopathic Medicine
canada
Canadians are staying at home for Christmas; you can count on that
Lori Laumbach, right, and her daughter Jenna Schlender at home in Sherwood Park, Alberta on Friday, December 10, 2021. Ms. Laumbach, her husband and her daughter are planning a quiet Christmas holiday, partly because it's the safe thing to do, and partly because they don't want to risk getting sick and having to cancel a trip to Punta Cana they have booked for January. Amber Bracken for The Globe and Mail
british columbia
Preliminary insurance cost estimates for B.C. floods point to a massive looming bill for taxpayers
Flood damage in Merritt, B.C. Thursday, December 9, 2021. THE CANADIAN PRESS/Jonathan Hayward
canada
B.C. expands disaster financial assistance program after flooding, landslides
The contents to the insides of homes that were flooded are pictured on the street in downtown Princeton, B.C., Friday, Dec. 3, 2021. Princeton, like many parts of the province, was hit with heavy floods and mudslides over the past couple of weeks causing major devastation. THE CANADIAN PRESS/Jonathan Hayward
personal finance
Home-based businesses should check insurance policy to make sure they’re covered
Ana Maria Moreno, who runs Valluno's Colombian Street Food and More from her home, makes empanadas in Calgary, Alta., Wednesday, Dec. 1, 2021.THE CANADIAN PRESS/Jeff McIntosh
household finances
Do you need flood insurance? As deluges become more common, here’s what home owners should know
Debris flow in flood waters around a home in the Yarrow neighbourhood after rainstorms caused flooding and landslides in Chilliwack, British Columbia, Canada November 20, 2021. REUTERS/Jesse Winter
inside the market
Insurance stocks are surviving big natural disasters. Here’s why
A farm submerged by flood waters caused by heavy rains and mudslides earlier in the week is pictured in Sumas Prairie near Chilliwack, B.C., Friday, Nov. 19, 2021. THE CANADIAN PRESS/Jonathan Hayward
report on business
B.C. floods will be Canada’s most expensive natural disaster this year
Abandoned transport trucks are seen on the Trans-Canada Highway in a flooded area of Abbotsford, British Columbia, on Tuesday, Nov. 16, 2021. (Darryl Dyck/The Canadian Press via AP)
carrick on money
What are the top money worries of young adults?
Rob Carrick
opinion
Liberal plan to fiddle with CMHC mortgage insurance is risky for home buyers, taxpayers and the financial system
Rita Trichur
report on business
B.C. property insurers tighten rules for homeowners, builders in forest fire regions
Motorcyclists stopped at a gas station watch as a pyrocumulus cloud, also known as a fire cloud, produced by the Lytton Creek wildfire rises into the sky from the fire burning in the mountains above Lytton, B.C., on Sunday, August 15, 2021. THE CANADIAN PRESS/Darryl Dyck
canada
Barrie, Ont., tornado caused $75 million in insured damages, Insurance Bureau says
Damage left after a tornado touched down in a neighbourhood in Barrie, Ont., is shown on Thursday, July 15, 2021. THE CANADIAN PRESS/Christopher Katsarov
travel
Few Canadians bought travel insurance for holidays at home, but that may be something to reconsider now
Two people make their way up a painted staircase in Ottawa on Monday, July 19, 2021. THE CANADIAN PRESS/Sean Kilpatrick
opinion
Tax and insurance tips for homeowners who have tenants helping them pay their mortgage
Rob Carrick
report on business
Lytton wildfire could result in about $100-million of claims, insurance analyst says
Smoke rises above the small western Canadian town of Lytton after wildfires forced its residents to evacuate, in Lytton, British Columbia, Canada June 30, 2021. The previous day the town had set a Canadian temperature record at 49.6 degrees Celsius (121.28 F). Picture taken June 30, 2021. JR Adams/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. THIS PICTURE WAS PROCESSED BY REUTERS TO ENHANCE QUALITY. AN UNPROCESSED VERSION HAS BEEN PROVIDED SEPARATELY. MANDATORY CREDIT
report on business
CMHC eases mortgage insurance rules, admits tightening was a mistake
Sale signs in Toronto are photographed on Thursday, May 20, 2021. (Christopher Katsarov/The Globe and Mail)
european business
Britain’s Persimmon, Aviva to amend home leases after inquiry
FILE PHOTO - Builders construct modular Space4 homes on a Persimmon development in Coventry, February 22, 2017. Picture taken February 22, 2017. REUTERS/Darren Staples
opinion
How the pandemic renovation boom will raise your home insurance premiums again
Rob Carrick
the listing
Owners of heritage homes get an insurance surprise
A home for sale on Salisbury Ave. in Toronto's Cabbagetown neighbourhood, is photographed on May 21 2020.
property report
Damage from COVID-19 eludes property insurance coverage
Business office or store shop is closed/bankrupt business due to the effect of novel Coronavirus (COVID-19) pandemic. Unidentified person wearing mask hanging closed sign in background on front door.