Topic
Restoration
Condo deductible dispute arises from 60-gallon flood
November 19, 2018 by Greg MeckbachWhen a store on the main floor of a condo building suffered $25,000 in losses from a flood, the strata corporation was on the hook for the $5,000 deductible. The strata corporation tried to recover the $5,000 deductible from a…
Number of customers affected by power outages quadruples in this province
November 16, 2018 The Canadian PressVANCOUVER – A report from BC Hydro says despite soaring numbers of powerful storms or wildfires that cause power outages, the Crown utility is still managing to respond quickly to trouble spots through the use of new technology. The report…
Watch out for scammers, IBC warns Ottawa-Gatineau tornado victims
October 2, 2018 by Jason ContantIn the wake of the tornadoes that struck the Ottawa-Gatineau region Sept. 21, the Insurance Bureau of Canada (IBC) has raised another concern: contractors misrepresenting themselves or offering extensive fees for services. One restoration firm representative noted large-scale disasters can…
First General names new head of central and eastern Ontario offices
October 1, 2018 by David GambrillFirst General, a North American restoration network with operations across Canada, has appointed Dan Burns to be the regional director of its central and eastern Ontario offices. First General has more than 80 general locations in Canada and the United…
Simple disaster preparation rules that commercial clients forget
September 13, 2018 by Greg MeckbachThough 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…
The home insurance exclusion your clients probably don’t know about
September 10, 2018 by Greg MeckbachKnowing 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…
15,000 still without power following heavy rain storm
August 30, 2018 The Canadian PressMONTREAL – About 15,000 Hydro Quebec customers were still without electricity this morning after heavy rain and strong winds caused damage to power lines Wednesday. The utility says its crews worked through the night to restore power to 90 per…
How much it cost the industry when baseball-sized hail hit western Canada
July 23, 2018 by Jason ContantA 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…
How drone technology is transforming roofing claims
July 19, 2018 by Jason ContantWith 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…
How the pieces of the puzzle fit together during a catastrophe
July 5, 2018 by Jason ContantFollowing 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.,…
Local M&A activity heats up in the claims industry
July 3, 2018 by Jason ContantIndependent 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…
Contractors know their role: Restoration contracting firms speak out
July 3, 2018 by Jason ContantControversy 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…