Topic
Construction
NFP names industry vet to its Canadian surety group
March 21, 2024 by David GambrillDeanna Brewer is NFP’s new senior vice president and account manager for surety in Canada. A P&C insurance industry vet with more than 25 years of experience in the surety business, Brewer was appointed for her technical knowledge and strategic…
Crane accidents ‘a huge concern’ after fourth incident in Metro Vancouver
March 6, 2024 Chuck Chiang and Brenna Owen – The Canadian PressIn 30 years of working in construction, Josh Towsley says this is a first, after Metro Vancouver saw its fourth crane accident since the start of the year. “I’ve been involved in construction since I was 19 years old ……
Co-operators acquires home inspection firm
February 16, 2024 by Jason ContantThe Co-operators has entered the home services line of business with the acquisition of the parent company of home inspection firm Carson Dunlop & Associates Ltd. Co-operators Financial Services Limited, a wholly-owned subsidiary of The Co-operators Group Limited, announced the…
Regulator calls out Trans Mountain for ‘environmental non-compliance’ in B.C.
February 12, 2024 The Canadian PressCALGARY – The company building the Trans Mountain pipeline expansion has been cited for environmental non-compliance related to its management of recent flooding in B.C. The Canada Energy Regulator said Thursday its inspection officers found issues near Abbotsford, B.C., where…
Months after request, Nova Scotia silent on possible buyout of flooded Halifax homes
January 24, 2024 Keith Doucette – The Canadian PressHALIFAX – Frustration is building with a lack of a commitment from the Nova Scotia government to buy and demolish some of the Halifax area homes ravaged by massive flooding last July. Halifax Regional Council sent a letter on Oct.…
Roof collapses feared if freezing rain follows heavy snowfall
January 16, 2024 by David GambrillFearing a wave of roof collapses could occur in the short term, Toitures Hogue, a large Quebec roofer, is urging owners of commercial, industrial and/or institutional buildings to be cautious and proactive in advance of a freezing rain forecast over…
Why most of your commercial clients are underinsured by at least 30%
December 12, 2023 by Jason ContantAccurate valuation and occupancy data points remain top challenges for commercial broker submissions, according to Greg McCutcheon, president of Canada’s largest property data provider, Opta Information Intelligence. In this inflationary environment, keeping up with valuations and ensuring commercial property brokers…
Will building code changes affect farm fire severity?
November 2, 2023 by Jason ContantWith changes from the National Building Code of Canada (NBC) in the process of becoming law in Ontario next spring, farm insurance experts are raising concerns that the maximum barn size restriction will be removed and Ontario’s Fire Code (OFC)…
Climate change not the leading cause of NatCat losses: Verisk
September 15, 2023 by David GambrillAlthough climate change is frequently cited as the Number 1 reason for higher natural catastrophes (NatCat) losses, increases in property exposure and repair costs are more significant short-term factors, according to a new report by Verisk Analytics. “Climate change is…
Brokerage merger to form Top 10 P&C firm
September 11, 2023 by Jason ContantQuebec brokerages Fort Assurances and Gaudreau Assurances have merged to form what the two companies call one of the Top 10 damage insurance firms in the province. The new entity, which will operate under the name Fort Insurance & Group…
Government won’t commit to buying out homes ravaged by recent N.S. flooding
September 8, 2023 The Canadian PressHALIFAX – Nova Scotia’s housing minister says any request for the province to buy homes damaged in a Halifax suburb in flooding last July would have to come from the municipality. John Lohr says while he’s not prepared to say…
Humber building talent pipeline into the property restoration industry
August 14, 2023 by David GambrillHumber College in Toronto is building a talent pipeline into the Canadian property restoration industry. “We’re looking at building a program that will help get more talented, skilled professionals into the restoration property management space, and then have graduates work…