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News
In the event of a natural disaster, home and car do not have the same protection
2+ week, 6+ day ago (355+ words) Grau explained that a package policy can cover both home and car in the event of an earthquake or hurricane...He further explained that for a car to be covered in the event of an earthquake, it must have physical......
Viewpoint: When Andrew Returns - A Look Back at a Pivotal Insurance Event
2+ week, 6+ day ago (238+ words) A storm that grew up overnight The reckoning of 1992 The financial shock was without precedent. Andrew caused roughly $26.5 billion in economic damage and about $15.5 billion in insured losses, in 1992 dollars, making it by a wide margin the costliest natural disaster…...
CMHC: Ontario mortgage delinquencies pass the national average for the first time since 2012
2+ week, 2+ day ago (726+ words) The gap is starkest in Toronto, where the delinquency rate jumped 60% year-over-year from 0.15% to 0.24%...It's the first time in more than a decade that Toronto's mortgage default rate has been higher than the...In Ontario, the housing sector leading the…...
FMG’s toughest claims year in 121 years puts rural pricing in focus
2+ week, 4+ day ago (810+ words) million – driven by what it described as the most significant year for catastrophic and weather-related events...Three events drove much of the increase in weather-related losses locally: the October 2025 South Island...FMG recorded four catastrophe-classified events during the year, generating…...
Non-Mortgage Delinquency Growth Slows in Second Quarter, but Ontario Homeowners Remain Under Pressure
3+ week, 5+ hour ago (554+ words) TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) — Equifax® Canada’s Q2 2026 Market Pulse Quarterly Consumer Credit...
A Flood Insurance Pro Breaks Down Why Coverage Has Changed Dramatically
5+ day, 21+ hour ago (854+ words) ready to discuss specifics with clients so they can make decisions about how to be prepared in the event...estate conversation in recent years, particularly as changing weather patterns, heavier rainfall events...part of that conversation because weather patterns are…...
In HelloNation, Insurance Expert Ellie Mills of Deerfield Beach, FL Explains When to Review Your Insurance Coverage
3+ week, 10+ hour ago (663+ words) DEERFIELD BEACH, Fla., Aug. 24, 2026 /PRNewswire/ -- What life events should trigger an insurance review...These events can impact financial responsibility, beneficiaries, and ownership structures....
The small maintenance issues that can become costly insurance claims
3+ week, 3+ day ago (566+ words) The common thread is that the biggest losses are not always caused by major events....insurance plays an important role in helping property investors manage the financial impact of unexpected events...
Rebuild costs outpace inflation, exposing sum insured gaps
1+ week, 6+ day ago (465+ words) and 2026, insurers received more than 400,000 claims to repair or rebuild homes damaged in declared events...In 2025 alone, declared events damaged 145,392 homes - almost as many as the 172,657 new homes completed...The report shows seven declared events in 2025-26 generated more than $3.98 billion…...
Disaster repairs compete with new homes as rebuild costs surge
1+ week, 6+ day ago (355+ words) and 2026, insurers received more than 400,000 claims to repair or rebuild homes damaged in declared events...In 2025 alone, declared events damaged 145,392 homes, almost as many as the 172,657 new homes completed...More generally, the Report shows that in 2025-26 seven declared events generated…...