This morning a tech outage was announced impacting services across the world from banks to airlines. One of the largest insurance software providers in North America, Applied Epic, is also on that list. This software back ends nearly all information between clients and their insuring company. CrowdStrike has reported that the source for the outage is not the result of a cyber attack but rather an update that was pushed out to customers.

Insurance companies are in the business of risk management and mitigation. They use data and analytics to determine the likelihood of a risk occurring and what the costs for the respective damages would be if it were to happen. If insurance is not available or prohibitively expensive, the risk is probably quite high. This leads us to the main question of the day; what is the risk climate change poses to Canadians and what insurance companies are doing about it?

On November 1, 2023, the Alberta government held a press conference with to announce changes to the auto insurance landscape for Alberta. Key takeaways from the press conference include:

Alberta car has a few interesting distinctions between how they run their car insurance industry, and how other provinces operate. We wanted to shine some light on 5 insurance things that may be valuable to know. This will include information on privately run car insurance, the regulation in the industry, and other important information on the industry.

The Alberta government announced on January 25, 2023 that they would be freezing auto insurance rates and making it easier for residents to pay monthly for their insurance. We wanted to clarify what this all means for Albertans, how your it impacts your insurance premiums this year, and what it will mean going forward. 

If you're an Albertan like me, you're probably not used to thick fog on your commute to work. My friends and family over in BC look at this thick fog and they think nothing of it really. Today is just a regular Tuesday for them. For me? I was white knuckling it on my way into the city. In order to help my fellow Albertan's, here are 7 helpful tips to getting you through the fog safely. 

Are a Canadian citizen considering making the move to Alberta? We want to help. We understand that moving is one of the most stressful things a person can do. In order to make things a little easier, here is a short out of province guide to auto Insurance.