Canadian Underwriter

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Claims Canada

Workers cleaning up devastation from Hurricane Fiona
News AdjustersCatastrophesClaimsClaims CanadaInsuranceMarkets / CoveragesRestoration

What claims adjusters are seeing from Fiona

September 28, 2022 by Jason Contant

Claims adjusters are seeing a wide variety of personal and commercial lines claims in the wake of post-tropical storm Fiona – everything from food spoilage and infrastructure claims to total losses. “Currently, we are seeing claims for personal and commercial

Cleaning up in Charlottetown after Fiona
News AdjustersCatastrophesClaimsClaims CanadaInsuranceMarkets / CoveragesRestoration

How much will Fiona cost Canadian P&C insurers?

September 27, 2022 by Jason Contant

Post-tropical storm Fiona could cost the Canadian property and casualty insurance industry between $300 million and $700 million, ratings agency DBRS Morningstar said in a commentary Tuesday. “Fiona will likely be one of the largest catastrophic events in history for

Illustration of a businessman holding a scale above his head with a house on one side and a bag of money on the other side
News BrokersClaimsClaims CanadaCommercial LinesInsuranceReinsurance

How to ensure your clients’ property values are accurate amid volatility

September 26, 2022 Alyssa Di Sabatino

Inaccurate property values were an industry-wide challenge in construction even before the pandemic brought economic volatility. So, how can you accurately quantify an insured’s risk when the pricing is so volatile? Clients are at risk of being underinsured when reported

The increased costs of inflation on auto insurance
News ClaimsClaims CanadaInsuranceMarkets / CoveragesTechnology

Ontario auto: The impact of inflation on rate increases

September 22, 2022 by Jason Contant

Financial Services Regulatory Authority of Ontario’s (FSRA) recent approval of auto insurance rate increases for several insurers signals inflation may finally be making its way into the world of auto insurance prices, according to rate comparison site Ratesdotca. “Currently, FSRA

Employees working on construction site,
News ClaimsClaims CanadaConstructionEngineeringInsuranceLegalRestoration

One key difference between a builders’ risk policy and a liability policy

August 30, 2022 by David Gambrill

Starr Insurance & Reinsurance Limited does not have to defend its insured in a Quebec construction case, because its builders’ risk policy is essentially a property policy, not a liability policy, Quebec’s Superior Court has ruled. In construction, a builders’

Big forest fire and clouds of dark smoke in pine stands. Flame is starting to damage the trunk. Whole area covered by flame
News AdjustersBrokersCatastrophesClaimsClaims CanadaInsurance

Newfoundland’s largest wildfire in 60 years: what the P&C industry needs to know

August 8, 2022 by Alyssa DiSabatino

A long-burning forest fire in Newfoundland has charred over 10,800 hectares, but one claims professional says they’ve yet to see any claims come through, since the affected areas are not densely populated.  The fire has been burning for close to

Front part of a damaged car
News ClaimsClaims CanadaInsuranceLegal

Aviva’s Project Bumper: Car repairers lose challenge to FSRA’s cease and desist order

August 5, 2022 by David Gambrill

Correction and Clarification Notice: The following article has been updated to correct errors contained in the originally published version of this story. First and foremost, FSCO’s proposed cease and desist order was not in effect at the time the Wardas

Nurse Speaking to a Mother and Child
News CatastrophesClaimsClaims CanadaInsurance

Auto insurers had it right in accident benefits HST case, Appeal Court rules

August 3, 2022 by David Gambrill

Auto insurers that paid catastrophically impaired accident victims attendant care benefits prior to a regulatory clarification in 2019 do not have to pay provincial sales tax above and beyond the benefit limits outlined in law, the Court of Appeal for

Fire Debris of Houses in a small town with smoke in sky.
News AdjustersCatastrophesClaimsClaims CanadaClimate ChangeConstructionInsuranceRestoration

Why it’s taken a year to get Lytton, B.C.’s post-wildfire rebuild underway

June 29, 2022 by David Gambrill

To the naked eye, not much has changed since Lytton, B.C. was razed by a June 30, 2021 wildfire, causing an estimated $100 million in insured damage. Coming up on the fire’s one-year anniversary, debris-removal work has finally begun for

Jurors sitting in a court room box
News AdjustersClaimsClaims CanadaInsuranceLegalRisk

Will rocketing consumer prices spark social inflation?

June 24, 2022 Philip Porado

While consumers are paying close attention to inflation’s impact on their wallets, insurers should be keeping an eye on social inflation – and recognize the two are often linked. “There’s quite a distinction between the impact of what I would

A man's arm is in the forefront of the photo. He is olding a clipboard and is surrounded by trees
News ClaimsClaims CanadaClimate ChangeInsurance

Aviva Canada’s eco-friendly approach to claims

June 7, 2022 by Alyssa DiSabatino

Aviva Canada is piloting an eco-friendly claims process, part of its plan to become a net-zero company by 2040. Notably, the company is mobilizing its efforts to respond to climate change by recycling and sorting materials during the claims process.

Gas valve on the pipe between the receivers.
News ClaimsClaims CanadaCommercial LinesInsuranceLegal

Insurer must defend negligence case, despite pollution exclusion

June 3, 2022 by David Gambrill

Canada’s top court has essentially confirmed that an insurer’s duty to defend in a commercial insurance case involving a pollution exclusion will depend on the cause of the legal action. In refusing to hear an appeal by The Co-operators, the