Insurable Interest Canadian Insurance Blog

Toronto, ON (Jan. 22, 2026) – BOXX Insurance, a global cyber InsurTech and part of Zurich Insurance Group, is pleased to introduce affirmative coverage for AI and deepfake related events for social engineering and security failures within its commercial policy offering, Cyberboxx® Business. New AI Endorsement Eliminates AI Coverage Grey Zone This announcement eliminates ambiguity and cements BOXX’s commitment to providing clear cover for AI-driven incidents for their customers and their broker partners. AI is creating new cyber and digital threats for small businesses with 86% of US business leaders with cybersecurity responsibilities reporting at least one AI-related incident in the past 12 months.[1] In Canada, the trends follow similar patterns as 81% of Canadian businesses that experienced fraud in the past year also faced an AI-enabled attack.[2] The sophistication of AI and deepfakes is also changing how attacks are carried out, with threat actors leveraging these tools to target and trick employees at scale via enhanced social engineering attacks. “Threat actors are exploiting trusted relationships amongst employee and executive networks which can result in handing over credentials or misdirecting payments without an actual breach,” said Erik Tifft, Global Head of Underwriting at BOXX Insurance. “That’s why we’ve updated our...

Study reveals more than one-third of Canadians have been personally affected by auto theft; only 18% believe that new vehicles are adequately protected against modern, technology-based theft Toronto, ON (July 28, 2026) – Équité Association’s 2026 Canadian Auto Theft Impact Survey reveals that public safety concerns persist as organized crime’s modern vehicle theft methods easily override the outdated security in today’s vehicles. The survey found that while more than one-third of Canadians have been personally affected by auto theft, only 18% of respondents believe that vehicles sold today can withstand modern technology-based theft tactics. Since 2023, national auto theft has decreased by 33%* as collaborative efforts have been successfully implemented through the federal government’s National Action Plan to Combat Auto Theft. However, Canadians recognize that the fight to end auto theft is not over, as 55% point to the evolving tactics of organized crime, with two-thirds (66%) believing that meaningful progress requires a coordinated response among governments, manufacturers, law enforcement, and vehicle owners, up from 61% in 2023. “The progress we have made in combatting auto theft proves that coordinated action works; however, our communities are justifiably concerned about public safety and evolving criminal tactics,” says Bryan Gast, National Vice...

91% of Natixis strategists believe AI will be the key factor driving market performance in second half (H2) 2026 88% believe productivity gains from AI will translate into higher corporate profits 67% expect U.S. equities to outperform in H2, with 42% identifying U.S. markets as likely to deliver the best returns globally Over half (55%) say concerns about private credit have been overstated Boston, MA (July 22, 2026) — Investors are heading into the second half of 2026 faced with a wide range of potential risks, from the ongoing U.S.-Iran conflict to volatile energy markets to persistent inflation. Yet, despite this, nine out of ten (91%) Natixis strategists are optimistic that Artificial Intelligence (AI) will be the key factor driving market performance in second half of 2026. Of the 33 market strategists, portfolio managers, research analysts and economists across the Natixis Investment Managers affiliated group, 88% expect the AI sector will accelerate, and only 12% believe the bubble will burst in the second half of the year. However, despite optimism, Natixis strategists are still cautious on AI given the disruptive nature of the technology, as 79% believe volatility driven by AI fears is here to stay and could potentially spread...

As financial pressures continue to affect Canadians’ physical and mental health, group benefits remain one of the strongest ways employers can support their employees – yet their full value often goes untapped by those who need them most Toronto, ON (July 21, 2026) – Employee wellbeing in Canada has declined across every metric over the past year, according to poll results from RBC Insurance. The study shows that Canadians’ overall level of wellbeing rated as excellent or good has dropped by 9 percentage points to 56% in 2026 from 65% in 2025. This downward trend is consistent across all dimensions of wellbeing: Mental health dropped 7 points: 52% (2026) vs. 59% (2025) Physical health dropped 6 points: 53% (2026) vs. 59% (2025) Financial health dropped 2 points: 42% (2026) vs. 44% (2025) The largest declines are seen among workers aged 18–34 which saw its overall year-over-year wellbeing score drop by 18 points (from 67% to 49%) and mental health scores fall by 14 points (from 56% to 42%). However, challenges aren’t limited to younger generations: workers aged 55–65 – traditionally the most satisfied cohort – are also experiencing declines. Overall wellbeing fell 8 points and mental health dropped 11 points....

Toronto, ON (July 22, 2026) – More than two-thirds of Ontarians aged 35 to 54 say rising gas prices are affecting their day-to-day activities, as fuel costs continue to put pressure on household budgets and force many families to make difficult trade-offs in how they drive, spend and plan their daily lives, according to a new survey from CAA South Central Ontario (CAA SCO). The findings highlight how higher fuel costs are contributing to broader affordability challenges, with many families driving less, cutting back on discretionary spending and reducing everyday purchases such as takeout meals and coffee to keep spending in check. “For many Ontario families, higher gas prices aren’t just affecting how often they fill up the tank, they’re changing everyday decisions about where they go, what they buy and how they spend their money,” says Teresa Di Felice, assistant vice president, government & community relations for CAA SCO. Many households report driving less, cutting back on discretionary spending and reducing small but regular purchases such as takeout meals and coffee to manage rising costs. Affordability pressures are reshaping summer plans While summer is typically a time for travel and recreation, rising fuel costs are making it harder for...