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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

News ClaimsInsuranceLegal

End of the line for auto injury lawsuit over restaurant tip income

July 13, 2018 by Greg Meckbach

A former restaurant server who sought a $3.8-million award after being hit by a car has lost her bid to have her lawsuit heard by the Supreme Court of Canada. The Supreme Court of Canada announced Thursday it has dismissed

News BrokersClaimsInsurance

Tips for brokers on insuring high-value homes

July 12, 2018 by David Gambrill

High-value homes are good for business, knowing how to rate them properly is a must. Brokers need to be aware that high-value, custom-built homes or renovations should not be put on Standard Build when determining insurance to value, a broker

News Claims

 ‘Potential risk’ to Toronto area prompts increased police presence

July 12, 2018 Peter Goffin - THE CANADIAN PRESS

Information about a “potential risk” in the Greater Toronto Area (GTA) led to an increase in police presence in Toronto’s downtown core on Thursday, but officers insisted the public should not avoid any of the city’s attractions, prompting confusion among

News ClaimsInsuranceLegal

What the court said about a family law approach to “spouse” in auto AB claim

July 11, 2018 by David Gambrill

The meaning of the term “spouse” under the Family Law Act is not applicable when determining eligibility for accident benefits under an auto insurance policy, an Ontario court has ruled in a priority dispute between insurers. In Royal & Sun