Canadian Underwriter

Topic
Claims


News ClaimsInsuranceLegalMarkets / Coverages

How the Feds’ pot plan could trigger home insurance claims

January 7, 2018 by David Gambrill

Canadian insurance claims professionals see social host liability issues at play when the federal government’s Cannabis Act comes into force. “If somebody goes to a home where cannabis is available because the homeowner is able to grow four plants, and

News ClaimsInsuranceMarkets / Coverages

Defence begins closing arguments at Lac-Mégantic criminal negligence trial

January 4, 2018 The Canadian Press

SHERBROOKE, Que. – The lawyer for one of three men charged with criminal negligence in the Lac-Megantic rail disaster that killed 47 people began his closing arguments today. Gaetan Bourassa says the trial is for his client, Jean Demaitre, and

insPRESS AnnouncementsClaims

Coast Claims and Huston Grant (Kamloops) join forces

January 4, 2018 Coast Claims Insurance Services

VICTORIA, Jan. 4, 2018 /insPRESS/ – Coast Claims Service and Huston Grant Adjusters (Kamloops) are pleased and excited to announce the merger of our two companies. With more than 40 dynamic adjusters in 10 strategically located offices, our firms are

News CatastrophesClaimsInsuranceMarkets / CoveragesReinsurance

Why Canadian insurers should feel lucky after 2017

January 3, 2018 by Greg Meckbach

After a year of massive North Atlantic hurricane losses, Canadian P&C insurers may have dodged a bullet with this year’s renewal season. Reinsurers licensed in Canada “were the main beneficiaries of the relatively quiet Canadian CAT year,” wrote Joel Baker,

News CatastrophesClaimsInsurance

2018 Outlook: Greg Somerville, President, CEO, Aviva Canada

January 3, 2018 Greg Somerville

There is no denying that natural hazards such as B.C wildfires, multiple flooding events and the hurricanes thrashing our neighbours have been top of mind for the property and casualty insurance industry of late. Too often, these major incidents are

News CatastrophesClaimsEarnings / RatingsInsuranceMarkets / CoveragesTechnology

2018 Outlook: Ulrich Kadow, Chief Agent of Canada, Allianz Global Corporate & Specialty Americas

December 29, 2017 Ulrich Kadow

Across all markets, including Canada, pricing levels are generally at historic lows, which in many cases are well below technical pricing recommendations. Globally, recent natural catastrophes have highlighted the increasing frequency and potential severity of major events, potentially leading to

News ClaimsInsuranceLegislation / Regulation

Canadians show disconnect on distracted driving

December 29, 2017 by David Gambrill

Distracted driving is getting worse, Canadians say, even as the laws are tightening and public education campaigns are in full gear. More than four out of five Canadians (83%) believe texting while driving is a bigger problem today than it

News ClaimsInsurance

Christmas claims follies

December 21, 2017 by Canadian Underwriter

In the spirit of the holiday season, insurance companies around the world are sharing their most—and least—common Christmas claims, in the hopes that people keep safe during the festive period. An obvious Yuletide tip would be to keep your lit

News ClaimsInsuranceMarkets / Coverages

Eastern Canadian earthquake risk a “huge opportunity” for industry

December 21, 2017 Greg Meckbach, Associate Editor

Complacency about real risks, such as an earthquake affecting Eastern Canada, present a “huge opportunity” for insurance providers to educate consumers, a former Economical Insurance CEO said Monday. “Human beings really don’t like thinking about the bad things that could

News ClaimsInsuranceMarkets / Coverages

Weather service warns that black ice making Nova Scotia roads treacherous

December 21, 2017 The Canadian Press

HALIFAX – Environment Canada has issued a special weather statement for Nova Scotia warning of black ice forming on roads around the province. The weather service said rain that fell on highways and roads across the province overnight had been

News ClaimsInsuranceLegalMarkets / CoveragesProducts

Regulator weighs in on disputed ridesharing claims

December 20, 2017 David Gambrill, Editor-in-Chief

Disputes among Ontario auto insurers, arising from collisions involving vehicles used for multiple ridesharing providers, will likely be handled in the same way insurers handle priority disputes in accident benefits claims, Ontario’s insurance regulator told Canadian Underwriter Wednesday. Aviva Canada

News CatastrophesClaimsInsuranceMarkets / CoveragesReinsurance

Economic losses top US$300 billion in 2017

December 20, 2017 by Canadian Underwriter

Insured losses from natural catastrophes in 2017, at more than US$130 billion, were more than double the average of the previous 10 years, and more than US$90 billion in losses is probably from three hurricanes alone, Swiss Re said Wednesday.