The main market indexes were about unchanged on Thursday.
Element Financial was up 5.6% but I did not se what news might have caused that.
It will be interesting to see which insurance companies are hit by the Fort McMurray losses. I would think Intact Financial which is already down in anticipation. When the floods hit Alberta a couple of years ago TD Bank seemed to be the hardest hit due to its insurance operations. Canadian Western Bank at that time escaped much damage although it had insurance arm. It has since sold that business. CWB could still be hit with some loan losses related tot eh fires but I don’t think it would be a large hit. It is the property companies that will take big hits.