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Beware of this water-related risk excluded by CGL

July 9, 2018 by Greg Meckbach

If water damage is top of mind for property insurers, does this mean mold is covered by a commercial general liability policy? Not necessarily. Commercial brokers should make sure they aware of exclusions in CGL policies that would prevent their

News CatastrophesClaimsInsurance

Why this city is billed as “progressive” in reducing flood risk

July 8, 2018 by Greg Meckbach

Toronto is one of the most progressive cities in taking steps to reduce basement flood risk, Institute for Catastrophic Loss Reduction (ICLR)  director of research Dan Sandink said Thursday in an interview. And a ban on below-grade garages is Exhibit A

News ClaimsConstructionInsuranceLegal

Court finds coverage for subcontractors when broad policy provision included by accident

July 5, 2018 by David Gambrill

A B.C. court has found that a design-build contractor and an architectural and engineering firm are both entitled to coverage under a Lloyd’s Underwriters policy that included a broad provision to insure “any firm(s)” providing “professional services” to a B.C.

News CatastrophesClaimsInsuranceRestoration

How the pieces of the puzzle fit together during a catastrophe

July 5, 2018 by Jason Contant

Following a catastrophe, policyholders are best served when adjusters and contractors adhere to their professional limitations in managing a loss, an industry executive said Tuesday. Jim Eso, senior vice president of property and casualty with Crawford and Company (Canada) Inc.,

News CatastrophesClaimsLegislation / Regulation

How Canada fares on rail risk five years after Lac-Mégantic

July 5, 2018 by Greg Meckbach

There is room for improvement in managing railway risk, the Transportation Safety Board of Canada suggested in a release marking the fifth anniversary of the Lac-Mégantic, Quebec, tragedy. For years, TSB has been calling for more ways to stop trains,

News ClaimsConstructionInsurance

Hundreds of New Brunswick flood victims still out of homes months after deluge

July 4, 2018 The Canadian Press

FREDERICTON – Hundreds of people remain out of their homes in New Brunswick months after historic floodwaters swept through the province, destroying buildings and inundating highways. Bill Lawlor, director of the Canadian Red Cross in New Brunswick, said Tuesday that

News ClaimsInsuranceMergers and AqcuisitionsRestoration

Local M&A activity heats up in the claims industry

July 3, 2018 by Jason Contant

Independent adjusting firm Crawford & Company (Canada), Inc.  has acquired Cherrie Griffith Ltd., a provider of risk and claims services in the Ottawa region for more than 10 years. The acquisition was the second in two months within the claims

News ClaimsRestoration

Contractors know their role: Restoration contracting firms speak out

July 3, 2018 by Jason Contant

Controversy has swirled around the property and casualty industry’s response to Ontario’s May 4 windstorm, with restoration contracting firms speaking out to Canadian Underwriter recently to confirm the proper role of contractors during the catastrophe event. Restoration contracting firms made

News ClaimsInsuranceMarkets / Coverages

Violent storms leave thousands without power in Quebec

July 3, 2018 The Canadian Press

MONTREAL – More than 15,000 homes and businesses in Quebec were still without power and air conditioning this afternoon following violent storms. As of 2 p.m., 15,234 Hydro-Quebec customers were blacked out, mainly due to fallen trees and branches on

CIAA
insPRESS AnnouncementsClaims

Outstanding speaker lineup revealed for CIAA’s Canadian Claims Summit

July 3, 2018 Canadian Independent Adjusters' Association

TORONTO, June 28, 2018 /insPRESS/ – The Canadian Independent Adjusters’ Association is pleased to present its 1st annual Claims Innovation Conference for insurance industry professionals on August 28th in Toronto. Register today to secure your spot at the must-attend claims event of

insPRESS ClaimsInsurance

Woodhouse Group Inc. Acquires First Response Restorations

July 3, 2018 Woodhouse Group Inc.

KITCHENER, ON, June 20, 2018 /insPRESS/ – After twenty years in separate businesses, Ken and Doug Woodhouse, of Woodhouse Group Inc., and their brother Jim Woodhouse Jr., of First Response Restorations, are reunited in the disaster restoration industry. Woodhouse Group

News ClaimsInsurance

What happens when your mechanic gives you insurance advice

June 29, 2018 by David Gambrill

After following up on their mechanic’s suggestion to file a retroactive insurance claim, a B.C. couple is now on the hook for an $800.75 repair job to their 2010 Toyota Prius. Blenda and Raymond Pilon made an auto insurance claim