Topic
Claims
Homes ablaze in West Kelowna, B.C. after overnight wildfire
August 18, 2023 The Canadian PressWEST KELOWNA, B.C. – Homes are currently ablaze in West Kelowna, B.C., after a devastating overnight battle with a wildfire that has already destroyed a significant number of properties. The fire has been “exponentially worse” than expected, says Jason Brolund,…
Thousands of residents around West Kelowna, B.C., on evacuation alert as fire flares
August 17, 2023 The Canadian PressKAMLOOPS, B.C. – Thousands of British Columbia residents around West Kelowna have been warned to be ready to leave on short notice because of a nearby spot fire that charred more than half a square kilometre in just a few…
Adjusters handling early claims from N.W.T. wildfires
August 17, 2023 by Jason ContantInsurance adjusters are preparing for an influx of claims as wildfires continue to burn in Northwest Territories, with the capital city of Yellowknife coming under an evacuation order as the flames are predicted to arrive at the city’s doorstep on…
Aviva Canada CEO’s take on the commercial lines market
August 17, 2023 by David GambrillCanada’s commercial lines market is starting to become more competitive in certain segments after a few years of a hard market during the post-COVID period, Aviva Canada’s CEO observes. But future economic uncertainty suggests insurers aren’t yet ready to plunge…
Winds, heat and lightning trigger concern as two B.C. wildfires surge
August 16, 2023 The Canadian PressVANCOUVER – Wildfire crews in British Columbia are bracing for an incoming weather system expected to bring strong winds and dry lightning by Thursday, but conditions are already flaring in at least two areas of the province. The Regional District…
What’s trending in auto loss combined ratios
August 16, 2023 Philip PoradoSome Canadian auto insurers may be experiencing fewer losses than their U.S. counterparts, a new report from ratings agency Fitch suggested. A mid-year review of U.S. personal auto segment results, based on filings for nine public company insurers that report…
Aviva Canada’s first-half experience in personal lines
August 16, 2023 by David GambrillAviva Canada’s 2023 half-year results in personal lines are a mixed bag, with strong results on the personal property side, but the insurer is taking initiative to shore up its personal auto results. Overall, the company reported half-year growth of…
Why AB claim doesn’t clear minor injury guideline hurdle
August 15, 2023 Philip PoradoAn applicant who failed to demonstrate her injuries weren’t minor cannot receive benefits beyond the minor injury guideline (MIG), an adjudicator determined in an Aug. 14 Licence Appeal Tribunal (LAT) decision (Reid v. Aviva General Insurance, 2023 ONLAT 20-015102/AABS – A). The MIG…
What will help reduce farm fire severity?
August 15, 2023 by Jason ContantThe severity of fire losses in the agricultural sector is increasing as Canadian farms get bigger in size and value, but technologies are available to help reduce the frequency of that severity, a farm insurance expert told Canadian Underwriter. In…
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…
Wildfires close evacuation routes out of N.W.T. towns, some being transported by air
August 14, 2023 The Canadian PressFORT SMITH, N.W.T. – Residents of a second town near the Alberta-Northwest Territories boundary were ordered to evacuate to safety Sunday evening due to encroaching wildfires, with a new fire meaning the only route out for one of the communities…
Health concerns raised after massive fire at Toronto industrial site
August 11, 2023 The Canadian PressToronto firefighters were battling to control a major blaze at an industrial site where chemicals are stored in the city’s west-end, as area residents were ordered to stay indoors with their windows shut amid concerns about hazardous smoke. Firefighters are…