News
How Canada's commercial liability market is shifting
17+ hour, 48+ min ago (490+ words) Canada's commercial liability market has shifted decisively in favour of buyers in 2026, according to Aon's Spring 2026 Canadian Insurance Market Update. "After several years of constrained capacity and firm pricing, insurers are now competing actively for quality accounts, particularly in primary…...
Why brokers are feeling the squeeze from directs
2+ week, 18+ hour ago (470+ words) Brokers are increasingly concerned about the the growth of directs in an economy in which affordability has become paramount....
What clients would rather do than review home insurance policies
1+ day, 17+ hour ago (513+ words) Clients hate reading policy documents but simplified language could help change that How can you persuade your clients to read their policies thoroughly? It's not easy, says a new survey conducted by L'ger for Allstate Canada, which finds 81% of insurance…...
Will home insurance clients pay for climate upgrades?
5+ day, 17+ hour ago (385+ words) Many homeowners remain reluctant to pay for key home upgrades Canadian homeowners are no strangers to bad weather and a recent survey finds 86% of them believe their homes face extreme weather risks. But 59% of those respondents have not installed, and…...
The connection between flood risk and housing affordability in Ontario
1+ week, 18+ hour ago (636+ words) Flood risk is making housing less affordable in Ontario by driving up home insurance premiums, according to a new joint study by insurtech My Choice and digital real estate platform Wahi. The study analyzed how flood risk is influencing the…...
How Canada's commercial coverage rates fared in Q1 2026
1+ week, 5+ day ago (542+ words) Pricing eases across major product lines, consistent with industry comments Data are starting to support broker and insurer anecdotes about softening commercial insurance lines in Canada. Marsh's global insurance market index (GIMI) report, a proprietary measure of commercial insurance rate…...
Commercial specialty lines showing unexpected softening
1+ week, 6+ day ago (610+ words) Ai Insurance Organization Randy Carroll says he's seeing softening in four commercial lines of business Commercial specialty lines are witnessing a softening market " but in some lines of business that may come as a surprise. Canadian Underwriter has heard over…...
What's the latest on the feds' flood insurance backstop?
2+ week, 17+ hour ago (698+ words) IBC says design must now account for private coverage extending deeper into flood risk Three years ago, Canada's federal government committed funds to build a new national flood insurance program. Since then, public announcements regarding progress on the file have…...
Do your clients understand bylaw coverage gaps?
3+ week, 6+ day ago (325+ words) A rare decision by Canada's Supreme Court to review a civil case in 2024 highlights a key coverage point brokers can use in conversations with clients. The case, Trillium Mutual Insurance Company v. Emond, centred around a couple whose home on the…...
Cross Border Travel and Property Ownership Drive Increased Focus on Mexican Issued Insurance Coverage
1+ mon, 2+ week ago (202+ words) TORONTO, ON, MARCH 16, 2026/ins PRESS/ " As cross border travel, seasonal residency, and property ownership in Mexico continue to rise among Canadians, brokers are seeing renewed attention on the insurance implications of operating vehicles and holding assets outside Canada. In response…...