Insurance companies keep reserves for unanticipated events, such as fires, floods and storms, says Raman Johal in an interview with CBC News. However, the reserves start to dwindle or deductibles may increase in those areas that are more prone to natural disaster, explains Raman. Read the full article to learn more about the potential effects of the Fort Mac fire on the insurance industry.
Related Content
Managing Recruitment, Succession and Retirement
There are two general categories or types of pitfalls for employers in the recruitment process. The first relates to the requirements of the Human Rights ... Continued
Strata Property Act: Where the rubber meets the road
In the March/April 2000 edition of Industry News my colleague Bonnie Elster wrote of a number of changes that will occur as the result of ... Continued
Clark Wilson features prominently on BIV’s annual list of large real estate deals
According to Business in Vancouver’s list of the “Top real estate deals of 2012“, Clark Wilson’s Commercial Real Estate Group acted on more significant real ... Continued