Insurable Interest Canadian Insurance Blog

Toronto, ON (Aug. 26, 2026) – As Atlantic hurricane season continues and summer severe weather brings the potential for tornadoes, thunderstorms and damaging winds across Canada, Ecclesiastical Insurance is highlighting the role brokers can play in helping clients identify windstorm vulnerabilities and strengthen property preparedness. According to the Insurance Bureau of Canada (IBC), severe weather-related insured losses exceeded $2.4 billion in 2025, making it the tenth costliest year on record. Over the past decade, annual insured losses from catastrophic weather and wildfires have nearly tripled compared with the previous decade, reinforcing the importance of proactive risk mitigation. Windstorms can cause significant damage to roofs, windows, exterior building components, trees and outdoor equipment. Hurricanes and severe thunderstorms can also bring heavy rainfall and localized flooding, creating additional exposures for organizations and their properties. “Brokers have an important opportunity to support clients by encouraging conversations about windstorm preparedness and property protection,” said Colin Robertson, Chief Experience Officer at Ecclesiastical Insurance. “Helping organizations identify vulnerabilities and take practical preventative measures can strengthen resilience and reduce their exposure when severe weather occurs.” For brokers serving educational institutions, charities, arts and cultural organizations, faith communities, associations, heritage properties, and leisure and recreation facilities, these conversations...

Parents may be more likely to have a plan but childcare and education costs limit retirement savings 54% without children feel confident in their ability to meet their savings goal for retirement, compared to 72% of Americans with kids 62% without kids do not have a written financial plan, compared to 42% of those with kids Minneapolis, MN (Aug. 25, 2026) – As Americans weigh whether to have children and the effect on their financial future, those without kids are significantly less confident about meeting their retirement goals, according to the 2026 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. Americans without children are least likely to feel confident in their ability to meet their retirement savings goal (54%), compared to Americans with kids (72%). Among parents, those with one to two children (74%) are more likely to feel confident versus those with three or more children (66%). “It may seem counterintuitive that people without kids are less financially confident and more worried about retirement,” says Kelly LaVigne, VP of consumer insights at Allianz Life. “But not having children — and the expenses that come with kids...

Duliban Insurance Brokers has combined operations with InsuranceLand Inc., a respected Personal Lines group insurance brokerage based in Mississauga This marks an important step in Duliban’s growth, expanding our expertise into group insurance while staying true to the client-first culture both our teams have always shared Niagara, ON (Aug. 17, 2026) – Duliban Insurance Brokers Limited, a division of McDougall Insurance Brokers Limited, is pleased to announce that it has combined operations with Insuranceland Inc., a property and casualty insurance brokerage based in Mississauga, Ontario. The acquisition marks another important step in Duliban’s continued growth across Ontario. It expands the brokerage’s presence in the Greater Toronto Area while bringing Insuranceland’s experience and strategic focus in group insurance into the Duliban and McDougall organization. For clients, employees, and partners of both organizations, the combination brings together experienced Ontario insurance professionals with a shared commitment to strong relationships, personalized service, and long-term growth. “This is more than an acquisition, it is an investment in our future,” said Jason Duliban, President, Duliban Insurance Brokers. “Together, we will continue to grow, innovate, and strengthen our position as a trusted advisor to our clients and communities.” Welcoming Insuranceland to the Duliban and McDougall Family Insuranceland...

Toronto, ON (Sept. 2, 2026) – CSIO is pleased to congratulate Howick Mutual Insurance Company, Maple Mutual Insurance Company, Sandbox Mutual Insurance, Stanley Mutual Insurance Company, Westminster Mutual Insurance Company, and Yarmouth Mutual Insurance Company on achieving CSIO’s Compliance Certification. The CSIO Compliance Certification recognizes insurers that have eliminated Z-codes (non-standard coverage codes) from their data exchange with brokers and use only CSIO Standard codes. By adopting standardized codes, insurers help improve data quality and consistency across broker workflows, supporting more accurate reporting, operational efficiency, and a better broker experience. “Congratulations to Howick, Maple, Sandbox, Stanley, Westminster and Yarmouth on achieving CSIO Compliance Certification,” said Kathryn Sinclair, President & CEO of CSIO. “This certification reflects their commitment to using industry standards to improve the accuracy and consistency of data exchanged between insurers and brokers. As more insurers align with CSIO Standards, brokers benefit from straightforward data, more reliable workflows, and a better experience for the customers they serve.” CSIO works with insurers to support the transition from non-standard Z-codes to CSIO Standard codes, helping ensure that information is exchanged consistently across the industry. Insurers can also request new coverage codes through CSIO’s maintenance request process. Submitted requests are reviewed by...

By Deb Pimentel, President, IBM Canada — Recently, I’ve noticed that the discussion in Canada about digital sovereignty mainly revolves around borders. It focuses on where code is written, where data is stored and whether a solution is built domestically. While these factors are important, they don’t form the basis of true independence. Digital sovereignty is not defined by geography alone, but by governance. This includes who manages the technology, who gets access to it and under what circumstances. The danger is that a borders-only view of security can create a false sense of safety while limiting Canada’s access to the innovation it needs to remain competitive on the global stage. In my work across the Canadian technology ecosystem, I’ve seen digital sovereignty move to the centre of the debate. But the terrain is shifting quickly, as AI and cloud systems become increasingly woven into public services, economic infrastructure and national security. This raises the stakes for how these technologies are governed, posing a critical question: how do we build an infrastructure that can evolve with Canada’s needs? No country can afford to independently develop an entirely new technology stack, but governments and commercial entities do require sovereign control over...