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Claims adjuster fined $4,000 for failing to properly inform insured about coverage

July 25, 2018 by Jason Contant

A Quebec claims adjuster has been fined $4,000 for failing to inform an insured about an insurance carrier’s rights under the insurance policy, and for not promptly responding to emails from the insurer. Philippe Morin was charged with two counts

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Envista Forensics Expands Sales Team in Canada

July 25, 2018 by Ian Portsmouth

TORONTO, July, 19, 2018 /insPRESS/ – Leading Canadian Forensic Consulting firm, Envista Forensics, is pleased to announce the expansion of their national sales team. As part of this exciting growth, Envista Forensics is delighted to announce that Yvonne Hird has

News ClaimsInsurance

Ontario wildfires rage as B.C. wildfire season ramps up

July 23, 2018 by David Gambrill

Insurers are monitoring about 75 wildfires in northern Ontario this that have resulted in mandatory evacuation orders or alerts in the cottage country districts of Parry Sound and Sudbury, among other areas. “Based on what we are seeing, there aren’t

News AdjustersClaimsInsuranceMarkets / CoveragesRestoration

How much it cost the industry when baseball-sized hail hit western Canada

July 23, 2018 by Jason Contant

A severe storm that affected parts of Saskatchewan and Manitoba in mid-June resulted in more than $90 million in insured damage, according to data released by Catastrophe Indices and Quantification Inc. (CatIQ). Strong winds and large hail – in some

News Claims

Massive fire strikes one of Saskatchewan town’s biggest employers

July 23, 2018 The Canadian Press

ROSTHERN, Sask. – The damage estimate is expected to run into the millions of dollars after a fire tore through a large central Saskatchewan farm machinery dealership. Emergency crews were called to Cervus Equipment John Deere in Rosthern just before

News ClaimsInsurance

Where provincial drivers crashed an average of 960 times a day

July 22, 2018 by Jason Contant

Vehicle crashes in British Columbia hit an all-time high of 350,000 in 2017, the province’s public insurer reported this week. This equates to about 960 crashes a day – a 25% increase from 2014. “That means one out of 10

News ClaimsInsurance

Evacuation orders and alerts expanded as wildfires spread

July 22, 2018 The Canadian Press

SUMMERLAND, B.C. – Evacuation orders and alerts have been expanded as several wildfires in British Columbia’s Okanagan Valley chew through bush and timber. A 10-square-kilometre blaze burning just south of Peachland on the west side of Okanagan Lake prompted an

insPRESS AdjustersClaimsInsurance

CRU GROUP welcomes new USA, Senior Business Development Leader

July 20, 2018 by CRU Adjusters

TORONTO, July 20, 2018 /insPRESS/ – Kyle Winston, President and CEO of CRU GROUP, today announced the hiring of Laura Pastore as the new Vice President U.S. Business Development for Catastrophe Response Unit USA.  “This is a huge coup for CRU”

News ClaimsInsuranceRestorationTechnology

How drone technology is transforming roofing claims

July 19, 2018 by Jason Contant

With the increasing number of catastrophes across the country, there is general consensus in the industry that resources are stretched thin. “The industry has a finite number of roofing companies, adjusters and estimators and to gear up to handle many

News ClaimsConstructionInsuranceMarkets / Coverages

After leak causes $3-million damage to dream home, plumbing contractor loses bid to block insurer’s subrogation

July 19, 2018 by David Gambrill

A plumbing contractor facing a subrogation lawsuit from a homeowner’s insurer is not eligible for coverage under the homeowner’s purchased Residential Builders–All Risks [RBAR] insurance policy, an Ontario court has ruled. Joseph and Lidia Maio had their dream home built

News ClaimsInsuranceMarkets / CoveragesTechnology

How a $395 gadget can prevent a $43,000 flood claim

July 16, 2018 by David Gambrill

Amid a wave of sump pumps, backwater valves and other methods designed to keep home basements dry comes a new, simple way to mitigate flood risk – an e-sensor. George Tsintzouras, CEO and co-founder of Canadian water tech company Alert

News CatastrophesClaimsInsuranceTechnology

Cyber catastrophe bonds: Coming soon?

July 13, 2018 by Greg Meckbach

With computer security incidents causing business interruption and privacy breaches, there is a “very real possibility” that a catastrophe bond covering cyber risk might be available, the head of a cyber risk modelling vendor predicts. Catastrophe bonds are a form