Insurable Interest Canadian Insurance Blog

Toronto, ON (Nov. 5, 2025) – The recent jewelry heist at the Louvre Museum has captivated global attention, not only for the audacity of the thieves but for what it reveals about the vulnerabilities that still exist in even the most secure environments. For Canadian jewellers, the incident serves as a stark reminder that preparedness, vigilance, and adequate protection are more important than ever. While such high-profile events may seem worlds away, the risks they highlight are strikingly relevant to the Canadian jewelry industry. From smash and grab robberies and transit thefts to employee dishonesty and underinsurance, jewellers face a complex and evolving threat landscape. “The Louvre heist underscores one crucial truth, even the most fortified locations can be breached,” said Emily Newell, Underwriter at Jewelry Store Insurance. “For Canadian jewellers, this isn’t a story to observe; it’s a lesson to apply. The right security measures and insurance coverage can make the difference between recovery and ruin.” Practical Lessons for Canadian Jewellers Reinforced Showcases and WindowsToday, anti-smash films and shatterproof glass are considered the industry norm. While even reinforced glass isn’t invincible an angle grinder could still penetrate it, such barriers can buy precious seconds and deter opportunistic thieves. Let’s...

Toronto, ON (Nov. 4, 2025) – CRU GROUP is pleased to announce the acquisition of select assets of Specialty Risk & Intelligence Services (SRIS), a Toronto-based investigation firm providing corporate intelligence, claims investigations, and legal support services to insurers, law firms, and private equity clients. The addition of SRIS expands CRU GROUP’s capabilities by integrating investigative and intelligence services into its core offerings. This move positions the company to better support clients with complex claims and litigation needs in both Canada and the U.S. “This acquisition is part of our ongoing diversification strategy to offer more solutions to our growing client base,” said David Repinski, CEO of CRU GROUP. “SRIS brings deep investigative capabilities that align with our commitment to delivering responsive, high-quality services. We are very excited to welcome the SRIS Team and place more resources behind this business.” CRU GROUP welcomes SRIS and is committed to a seamless integration, delivering focused, reliable solutions that support the evolving needs of SRIS clients. SRIS will be based in CRU GROUP’s Canadian Head Office in Toronto and led by Mandy Yousif, Director of Investigative Services, who will oversee operations and ensure continuity for existing clients. About CRU Group Founded in 2004,...

Oldwick, NJ (Nov. 5, 2025) – AM Best is pleased to share a selection of its most popular articles over the past 30 days. Best’s Review readers have been most interested in the following insurance news coverage: Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access it here. For Best’s Review advertising opportunities, visit the AM Best Advertising Services page. About A.M. Best AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates. All rights reserved. SOURCE: A.M. Best Tags: A.M. Best, Artificial Intelligence (AI)

The number of Home Energy Management Systems in Europe and North America reached 4.5 million in 2024 Gothenburg, Sweden (Nov. 7, 2025) – IoT analyst firm Berg Insight has published a new market report, The Home Energy Management Systems Market – 3rd Edition, which analyzes the latest developments and trends on the home energy management systems market in Europe and North America. This study provides 180 pages of unique business intelligence, including 5-year industry forecasts, expert commentary and real-life case studies on which to base business decisions. The Home Energy Management Systems Market The residential sector accounts for about 25 percent of the total energy consumption in North America and Europe. The consumption is anticipated to increase substantially during the coming years due to the rapid adoption of electric cars and heat pumps. Solutions that enable homeowners to reduce their overall energy consumption and increase the share of energy coming from renewable sources therefore play a vital role in the transition to carbon neutrality and mitigating climate change. To support this transition, governments in Europe and North America have introduced targeted incentives and subsidies to encourage residential investments in renewable energy and energy optimisation technologies. The rising and increasingly volatile...

Whitby, ON (Nov. 4, 2025) – Quotey is excited to announce the addition of PAL’s Motor Truck Cargo product to its growing digital commercial insurance marketplace. Effective immediately, Canadian insurance brokers using the Quotey platform can access instant quotes for Motor Truck Cargo (MTC) coverage from PAL, one of Canada’s most trusted names in transportation insurance. PAL’s MTC product provides broad coverage for loss or damage to goods in transit, with cargo limits up to $250,000 per vehicle or per loss. Brokers can quote instantly for operations with up to 25 power units, and have the option to include a $5 million Commercial General Liability (CGL) limit as part of a flexible package. Coverage enhancements such as Reefer Breakdown, Riggers Endorsement, Debris Removal, Unattended Truck Endorsements, and Trailer Interchange coverage are also available. “PAL’s inclusion in the Quotey Marketplace significantly enhances our transportation offering,” said Nick Kidd, CEO and Co-Founder of Quotey. “Motor Truck Cargo is a critical coverage for brokers serving Canada’s logistics and freight industries. With PAL’s broad appetite and instant quote capabilities, brokers can now provide faster, more comprehensive solutions to their clients.” Russel Morrison, VP of Commercial Insurance for PAL added: “We’re delighted to partner with...