Canadian Underwriter

Topic
Claims


News ClaimsRisk

Marriott data breach could cost over $200 million: AIR

December 20, 2018 by Greg Meckbach

The hacking of a hotel reservation system affecting Sheraton, Westin, Starwood and Marriott could cost up to $600 million for direct losses alone, AIR Worldwide said this week. AIR, a subsidiary of Verisk Analytics Inc. that produces catastrophe loss models,

News AdjustersClaimsMergers and AqcuisitionsTechnology

Calgary claims vendor now owned by CoreLogic

December 19, 2018 by Greg Meckbach

CoreLogic Inc. announced Wednesday it has closed its acquisition of Symbility Solutions Inc. Irvine, Calif.-based CoreLogic – which provides risk data on properties to property and casualty insurers – already owned 28% of Symbility, a Calgary-based vendor of claims processing

News ClaimsInsuranceRisk

Is the number of drunk drivers in Canada decreasing?

December 18, 2018 by Jason Contant

The number of Canadians who died in a crash involving a “drinking driver” has generally decreased in recent years, but rose again in 2015, according to recent research. In 1995, 1,057 Canadians (excluding British Columbians) were killed in road crashes

News ClaimsInsurance

Which Canadian community has the lowest vehicle collision rate?

December 17, 2018 by Jason Contant

A community in northern Ontario ranks as the safest for drivers in Canada, with an average vehicle collision rate of 3.8%, according to data from the Allstate Insurance Company of Canada. The 10th Annual Allstate Canada Safe Driving Study found

News InsuranceRestoration

Winds affecting Vancouver area could damage property

December 14, 2018 THE CANADIAN PRESS

VANCOUVER – Powerful winds are set to sweep British Columbia on Friday with gusts of up to 100 kilometres an hour in some areas. Environment Canada has posted wind warnings for Metro Vancouver, Fraser Valley, Vancouver Island and parts of

News ClaimsInsurance

How costly is the fire peril for Canadian insurers?

December 13, 2018 by Jason Contant

The traditional fire peril continues to cost Canadian insurers, with fire/explosion accounting for almost a quarter (23%) of commercial claims by value, Allianz Global Corporate & Specialty (AGCS) said in its new Global Claims Review report, released Thursday. AGCS analyzed

News EngineeringRisk

Risk factors at Humboldt Broncos crash intersection identified in report

December 12, 2018 Ryan McKenna - THE CANADIAN PRESS

REGINA – A consulting firm says sight lines are a safety concern at the rural intersection where the deadly Humboldt Broncos bus crash happened. A 70-page safety review done for the Saskatchewan government says a stand of trees, mostly on

News ClaimsRiskTechnology

Privacy breach hotel faces class action in Canada

December 11, 2018 Tara Deschamps - THE CANADIAN PRESS

TORONTO – Canadians who stayed at Marriott International Inc. and Starwood Canada ULC hotels are taking legal action against the companies following a security breach. At least three proposed class actions have been launched in Toronto and Montreal against the

News ClaimsInsurance

What is Canada’s most stolen vehicle?

December 11, 2018 by Jason Contant

Ford F-Series trucks once again topped the list of Canada’s most frequently stolen vehicles, according to the Insurance Bureau of Canada (IBC). IBC released Tuesday its annual list of most stolen vehicles in Canada, compiled using data from members across

News AdjustersCatastrophesClaimsInsurance

What needs to be done to address independent adjuster mobility

December 10, 2018 by Jason Contant

The Canadian Independent Adjusters’ Association (CIAA) has proposed a “national emergency licensing protocol” to address mobility issues facing independent adjusters in Canada. It has also proposed a national licensing qualification, a longer-term solution that would require legislative changes to Insurance

News ClaimsInsuranceLegal

Does CGL’s duty to defend apply to the insurance policy as a whole?

December 10, 2018 by Jason Contant

An insurer’s duty to defend under a provision in a commercial general liability (CGL) form is applicable to the insurance policy as a whole, the Court of Queen’s Bench of Alberta has ruled. In a decision released Friday, the court

insPRESS InsuranceRestoration

Local Restoration Company Opens to Serve Thunder Bay

December 10, 2018 by rosemary

THUNDER BAY, ON, Dec. 10, 2018 /insPRESS/  – National home and commercial restoration company, Rainbow International, would like to announce the opening of a new location in Thunder Bay, Ontario. Rainbow International Restoration of Thunder Bay is owned by Jim