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Ontario, Quebec wind storm to test industry capacity: Crawford

May 8, 2018 by Jason Contant

The wind storm that struck Ontario and Quebec on May 4 and 5 will significantly test the capacity of insurers, independent adjusters, call centres and restoration contractors, Crawford and Company (Canada) Inc. told Canadian Underwriter Monday. Generally speaking, wind claims

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Ontario ice storm estimated to cost insurers up to $164 million

May 6, 2018 by Greg Meckbach

The historic ice storm in Ontario and Quebec in mid-April could cost the insurance industry more than $150 million in damage claims, Verisk Analytics Inc.’s Property Claim Services unit reported Thursday. PCS’s preliminary estimate of a catastrophe event April 14-16

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How traumatized witnesses of van attack could make a case for accident benefits

May 3, 2018 by Greg Meckbach

Auto insurers whose customers were witnesses to the April 23 van attack in north Toronto could be paying accident benefits claims if those witnesses have medical evidence that they suffered psychological injury, an insurance law expert suggests. Eight women and

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Officials warning B.C. flooding this year may be worse due to 2017 wildfires

May 3, 2018 The Canadian Press

WILLIAMS LAKE, B.C. – Emergency officials in British Columbia’s southern Interior warn that devastating wildfires that charred thousands of square kilometres of timber and bush last year now have the potential to make seasonal flooding even more severe. The warning

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ClaimsPro Appoints Chantal Rhodenizer as Director of Insurer Management Services

May 2, 2018 by SCM Insurance Services

MARKHAM, ON, May 2, 2018 /insPRESS/ – ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCMcompany, today announced the appointment of Chantal Rhodenizer as Director of Insurer Management Services. Ms. Rhodenizer has been with ClaimsPro since 2014

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New Brunswick floods: ‘This could get very uncomfortable,’ officials warn

May 2, 2018 Kevin Bissett - THE CANADIAN PRESS

SAINT JOHN, N.B. – People were being urged to evacuate their homes Wednesday as rising floodwaters threatened to surpass record-setting water levels in areas along the Saint John River, with one fire chief warning residents: “This could get very uncomfortable.”

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Early April storm in Ontario, Quebec causes $85 million in insured damage

April 30, 2018 by Jason Contant

A windstorm in early April is estimated to have cost insurers more than $85 million, mostly from home insurance claims in Ontario, according to Catastrophe Indices and Quantification Inc. (CatIQ). The April 4-5 storm brought severe rain and freezing rain,

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‘Countless’ accident benefits claims will arise from Toronto van attack

April 27, 2018 by Greg Meckbach

Accident benefits claims arising from the April 23 tragedy in north Toronto could cost insurers millions of dollars, an insurance lawyer suggested Thursday. Eight women and two men were killed and at least 14 more injured Monday after a rental

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2 reasons why it’s hard to model crop risk in Canada

April 27, 2018 by Jason Contant

Fluctuating loss ratios and an evolving mix of crops in Canada are two factors contributing to the difficulty in modelling crop risk in the country, AIR Worldwide said recently. Rebecca Arias, the catastrophe modelling firm’s product marketing manager, wrote in

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CRU held its first UAS Pilot Seminar

April 27, 2018 by CRU Adjusters

TORONTO, April 27, 2018 /insPRESS/ – CRU adjusters, a Canadian based independent adjusting firm, recently held their first UAV (Unmanned Aerial Vehicle) seminar giving attendees an in-depth look at current UAV technology and its uses, at Southern Tech in Ardmore

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Pario Engineering & Environmental Sciences LP Opens Moncton Office, Welcomes Steven Vidito, P.Geo., as Senior Geoscientist

April 26, 2018 by SCM Insurance Services

MONCTON, NB, April 26, 2018 /insPRESS/ – Pario Engineering & Environmental Sciences LP, one of Canada’s top providers of specialized engineering and environmental services to the insurance and risk management industries, announced today that it has opened a new branch

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New Brunswick latest province to see rising flood threat

April 26, 2018 The Canadian Press

FREDERICTON – Waters are rising in New Brunswick, and officials are warning residents to move their belongings to higher ground. New Brunswick’s Emergency Measures Organization says the St. John River is expected to reach flood stage this week in many