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News ClaimsInsurance

How costly is the fire peril for Canadian insurers?

December 13, 2018 by Jason Contant

The traditional fire peril continues to cost Canadian insurers, with fire/explosion accounting for almost a quarter (23%) of commercial claims by value, Allianz Global Corporate & Specialty (AGCS) said in its new Global Claims Review report, released Thursday. AGCS analyzed

News EngineeringRisk

Risk factors at Humboldt Broncos crash intersection identified in report

December 12, 2018 Ryan McKenna - THE CANADIAN PRESS

REGINA – A consulting firm says sight lines are a safety concern at the rural intersection where the deadly Humboldt Broncos bus crash happened. A 70-page safety review done for the Saskatchewan government says a stand of trees, mostly on

News ClaimsRiskTechnology

Privacy breach hotel faces class action in Canada

December 11, 2018 Tara Deschamps - THE CANADIAN PRESS

TORONTO – Canadians who stayed at Marriott International Inc. and Starwood Canada ULC hotels are taking legal action against the companies following a security breach. At least three proposed class actions have been launched in Toronto and Montreal against the

News ClaimsInsurance

What is Canada’s most stolen vehicle?

December 11, 2018 by Jason Contant

Ford F-Series trucks once again topped the list of Canada’s most frequently stolen vehicles, according to the Insurance Bureau of Canada (IBC). IBC released Tuesday its annual list of most stolen vehicles in Canada, compiled using data from members across

News AdjustersCatastrophesClaimsInsurance

What needs to be done to address independent adjuster mobility

December 10, 2018 by Jason Contant

The Canadian Independent Adjusters’ Association (CIAA) has proposed a “national emergency licensing protocol” to address mobility issues facing independent adjusters in Canada. It has also proposed a national licensing qualification, a longer-term solution that would require legislative changes to Insurance

News ClaimsInsuranceLegal

Does CGL’s duty to defend apply to the insurance policy as a whole?

December 10, 2018 by Jason Contant

An insurer’s duty to defend under a provision in a commercial general liability (CGL) form is applicable to the insurance policy as a whole, the Court of Queen’s Bench of Alberta has ruled. In a decision released Friday, the court

insPRESS InsuranceRestoration

Local Restoration Company Opens to Serve Thunder Bay

December 10, 2018 by rosemary

THUNDER BAY, ON, Dec. 10, 2018 /insPRESS/  – National home and commercial restoration company, Rainbow International, would like to announce the opening of a new location in Thunder Bay, Ontario. Rainbow International Restoration of Thunder Bay is owned by Jim

News ClaimsInsuranceLegal

Court weighs in on approach for deducting accident benefits from tort damages

December 6, 2018 by Jason Contant

An Ontario court has ruled that accident benefits should be deducted from tort damages using a “silo” approach rather than a strict matching (“apples-to-apples”) approach. In a lengthy and complex decision covering a wide variety of legal points, the Court

News ClaimsInsurance

How many Canadians actually understand water damage coverage?

December 6, 2018 by Jason Contant

Only about half of Canadians polled by Canada’s third largest insurer understand what kind of water damage is covered by their insurance policy, providing an opportunity for brokers to educate clients on the coverage. “For insurance brokers and agents, understanding

News ClaimsInsuranceLegislation / Regulation

Insurer pushing for new auto fraud laws

December 5, 2018 by Greg Meckbach

A major insurer is calling for new laws prohibiting various forms of auto insurance fraud in Ontario. “As an industry we need a new set of provincial offences that will allow for the efficient and effective prosecution of fraud,” said

News ClaimsInsuranceLegislation / Regulation

Time to increase auto liability coverage: Lawyer

December 5, 2018 by Greg Meckbach

Ontario’s new government should require motorists to buy more liability coverage than is currently mandatory, a lawyer who represents claimants says. “I think everyone in the insurance industry would agree that $200,000 is far too low,” Joseph Campisi of Vaughan-based

News ClaimsInsurance

Frost: The New Peril

December 5, 2018 The Canadian Press

REGINA – Saskatchewan’s Crown utility says it’s dealing with a power outage crisis in large swaths of the province, including Regina, Weyburn and Moose Jaw. SaskPower warns that service may not be restored until late Tuesday at the earliest in