Topic
Adjusters
How business interruption claims could play out in the legal marijuana space
November 8, 2018 by Jason ContantSupply challenges associated with marijuana legalization in Canada will lead to potentially costly business interruption (BI) and contingent business interruption (CBI) claims, an adjusting firm told Canadian Underwriter Tuesday. Because it’s an emerging market, there are a limited number of…
Why marijuana plant value is so important for adjusters
November 7, 2018 by Jason ContantClaims adjusters handling recreational cannabis claims will need to consider the value of the plant at any given time in the growing process to determine actual loss, an independent adjusting firm said Tuesday. Potential cannabis greenhouse loss is much greater…
Carproof vehicle data provider gets new name in Canada
November 1, 2018 by Greg MeckbachData provider Carproof Corp. is now known as Carfax Canada, parent firm IHS Markit Ltd. announced Thursday. Carfax – whose target market includes the auto insurance industry – collects data on vehicles so prospective buyers can find out whether they have…
HR Department: October moves in the industry
October 24, 2018 by Jason ContantJeff Goy elected chairman of Insurance Institute’s board of governors The Insurance Institute of Canada has elected S.J. (Jeff) Goy, president and CEO of Wawanesa Mutual Insurance Company, as chairman of its board of governors. Goy was elected chairman at…
Crawford’s Top 3 claim loss predictions from marijuana legalization
October 18, 2018 by Jason ContantClaims adjuster Crawford & Company (Canada) Inc. sees auto, commercial and workplace-related losses as the Top 3 claims arising from the legalization of marijuana. Auto losses related to cannabis usage; commercial losses to cannabis producers, retailers and distributors; and employee…
Tornado damage: View from the ground
September 25, 2018 by Jason ContantClaims adjusters are reporting a wide range of claims from the two tornadoes that tore through the Ottawa-Gatineau area Friday. “The tornado event is considered to be more like a ‘pocket storm,’” Kumar Sivakumaran, vice president of national operations with…
How carriers envision the future of independent claims adjusters
September 4, 2018 by Greg MeckbachDespite increased costs of outsourcing claims adjustment, an extreme wind event this past May serves as a reminder that insurers will continue to need independent claims adjusters and brokers should be prepared to field calls from claimants. The future of…
Crawford Acquires JDS Adjusters Ltd.
September 4, 2018 Crawford & Company (Canada) Inc.TORONTO, September 4, 2018 /insPRESS/ – Crawford & Company (Canada) Inc. is pleased to announce the acquisition of James, Dube, Spraggs Adjusters Ltd. (JDS Adjusters Ltd.), with locations in Winnipeg and Brandon, Manitoba, effective August 31, 2018. The acquisition supports Crawford’s strategic endeavour to…
The absurd effect of commerce law on claims adjusting
September 1, 2018 by Greg MeckbachIt is easier for Canadian insurance companies to bring in adjusters from the United States than to move Canadian adjusters from one province to another, due in part of the North American Free Trade Agreement (NAFTA), speakers said at the…
How these independent claims adjusters lost their jobs
August 30, 2018 by Greg MeckbachSome employees of Canadian independent adjusting firms have been shown the door due to bad behaviour that the #MeToo movement is bringing to the forefront, company CEOs said at the recent Canadian Claims Summit. In terms of harassment in the…
New InsurTech Software Suite Helps Clients Manage Independent Contractors Seamlessly
August 20, 2018 Crawford & Company (Canada) Inc.TORONTO, ON, August 20, 2018 /insPRESS/ – Crawford Compliance Inc., a subsidiary of Crawford & Company (Canada) Inc. today announces the launch of a new contractor management solution. In line with Crawford’s mission to restore and enhance lives business and…
Regulator allows adjuster to co-own a moving company that sells to insurers
August 9, 2018 by David GambrillIn a clear conflict of interest case, the Insurance Council of B.C. has allowed an insurance adjuster who co-owns an adjusting firm with his wife to double as a minority owner in a moving and storage company that sells its…