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Alberta farmers feel effects of B.C. wildfires, late-summer snowfall

September 18, 2018 Aleksandra Sagan - THE CANADIAN PRESS

Some Alberta farmers are concerned about their crops after a late-summer snowfall blanketed parts of the province, with more flurries expected in the forecast. Early season snow can squash crops that grow upright, like wheat and barley, make them harder

News ClaimsInsuranceTechnology

Mitchell data confirms increased Canadian collision costs

September 17, 2018 by Jason Contant

Recent data from Mitchell International seems to confirm what Canadian insurers have been saying: collision repair costs and severity potential is increasing. On Sept. 11, Mitchell released its Canada Collision Summary: Q2 2018 report. It includes Canada-specific data from body

News ClaimsInsurance

Insurer receives 3,000 vehicle damage claims after two sulphuric acid spills

September 16, 2018 by Jason Contant

The Insurance Corporation of British Columbia (ICBC) has received more than 3,000 claims from two sulphuric acid spills in April and May, the public insurer said Wednesday. The Canadian Press reported mining company Teck Resources as saying two spills of

News CatastrophesInsuranceRestoration

Simple disaster preparation rules that commercial clients forget

September 13, 2018 by Greg Meckbach

Though it pays to be tech-savvy, one way commercial clients can manage risk is to learn to do without the Internet and payment card networks, a disaster restoration professional advises. In the event of a major storm, businesses need to

News ClaimsInsurance

The public’s view on minor injury caps in this province

September 13, 2018 by Jason Contant

Nearly seven in 10 people polled in Newfoundland and Labrador support a cap on auto insurance payouts for minor injuries, Insurance Bureau of Canada (IBC) revealed in a new study. This week, IBC released the results of a public opinion

News Claims

Is Toronto’s latest storm a cat event?

September 12, 2018 by Jason Contant

Although heavy rain soaked Torontonians during Monday’s morning rush hour, the storm won’t be a catastrophe event, insurance professionals told Canadian Underwriter. “As far as I’m concerned, the rainfall yesterday was a non-event from an insurance perspective,” Glenn McGillivray, managing

News CatastrophesClaimsRisk

This storm preparation tip is a myth

September 12, 2018 by Greg Meckbach

As Newfoundland gets hit by the remnants of Tropical Storm Gordon and Hurricane Florence threatens the Carolinas, brokers can make a difference in advising homeowners what not to do as nasty weather approaches. “In Canada, there are not many hurricane-type

News ClaimsLegal

Judges disagree on whether this collision was a ‘true accident’

September 11, 2018 by Greg Meckbach

A motorist who is being sued by his passenger after a single-vehicle accident wants his case heard by the Supreme Court of Canada. The issue at hand is whether the single-vehicle crash was a “true accident,” in which nobody can

News ClaimsInsuranceMarkets / Coverages

Vancouver’s short-term rental listings drop by half after new rules introduced

September 11, 2018 The Canadian Press

VANCOUVER – The City of Vancouver says the number of short-term rentals listed online has dropped by almost half since new rules came into effect requiring operators to have a business licence. There are 3,742 active Vancouver listings on sites

News Climate ChangeInsuranceRestoration

The home insurance exclusion your clients probably don’t know about

September 10, 2018 by Greg Meckbach

Knowing what their property insurance actually covers is a “big missing link” in teaching homeowners how to manage flood risk. “Most people have no idea that you can’t get seepage coverage in most cases,” Cheryl Evans, director of the home

News EngineeringInsuranceLegal

Did settling soil or sudden water leak cause this home damage?

September 8, 2018 by Greg Meckbach

A disputed home insurance claim could go to trial because the carrier has accessed 22-year-old court records from the claimant’s divorce. In September, 2009, Douglas Cotter noticed the patio along the front of his Penticton, British Columbia home had shifted.

News CatastrophesClaimsInsurance

Ontario already near $1 billion in insured damage in 2018

September 8, 2018 by Jason Contant

With almost three months left in the year, severe weather in Ontario alone has already caused almost $1 billion in insured damage, Insurance Bureau of Canada (IBC) reported Friday. One of the most recent events occurred Aug. 7, when a