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One simple way to reduce the severity of barn fires

March 4, 2019 by Jason Contant

Enhancing building codes to include early detection systems could help generate a faster response in the case of farm fires, said Ken Worsley, who leads Cowan Insurance Group’s national agri-commercial industry practice. Early response systems include things like heat, fire

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Why the insurance industry needs a “killer use case” for blockchain

February 28, 2019 by Jason Contant

The insurance industry needs a “killer use case” for blockchain that all stakeholders can agree on before moving forward with more widespread adoption, a speaker suggested Wednesday at the Technology Conference. “I think we are still on that journey

News Commercial LinesInsuranceTechnology

What the commercial underwriter of the future might look like

February 22, 2019 by Jason Contant

Commercial underwriting in the future may expand to encourage more cross-functional and hybrid responsibilities, potentially with engineering, claims, finance or operations, according to a new report from McKinsey & Company’s insurance practice. “To attract younger talent, companies need to recognize

News Commercial LinesInsurance

Insurer CEOs react to hardening commercial market

February 13, 2019 by Greg Meckbach

The pace of the hardening market in commercial lines has come as a surprise to some executives at Canada’s largest property and casualty insurer. “We have seen a shift in commercial lines that is pretty abrupt in the past six

News Commercial LinesInsuranceRisk

The “perfect storm” conditions for commercial rate increases

February 4, 2019 by Jason Contant

The past few years have created a perfect storm leading to an increase in commercial insurance rates, Signature Risk Partners Inc. says in a white paper released last week, entitled Hard Commercial Insurance Market on the Way. One factor is

News ClaimsCommercial LinesInsurance

Why the cyber market has become so crowded

January 31, 2019 by Greg Meckbach

Clients shopping for cyber insurance today can choose from among far more carriers than they could a few years ago, because it’s such a profitable line of business. However, one reason cyber is more profitable than other lines of coverage

Feature Claims CanadaCommercial LinesInsurance

Changing the Environment

March 22, 2016 Emily Atkins, Editor

Pieter Heydenrych is set to adjust environmental claims and move the social needle as well

Feature Claims CanadaCommercial Lines

The Bigger They Come

July 31, 2015 Craig Harris, Freelance Writer|Craig Harris, Freelance Writer

Complex losses frequently necessitate the use of forensic experts, namely engineers. Even for seasoned adjusters, issues such as causation, coverage and surrounding circumstances may be too complicated in certain claims scenarios. That’s when they need to tap into the expertise of forensic specialists. Clear lines of communication, well-preserved evidence and as much advance notice as possible are the keys to the right working relationship, according to several forensic engineers.

Feature Claims CanadaCommercial Lines

Lessons from below

July 31, 2015 Geoff Lay, technical engineering associate, Giffin Koerth|Geoff Lay, technical engineering associate, Giffin Koerth

Subsurface construction, such as shoring walls, can present clients and adjusters with unexpected exposures.

Feature Claims CanadaCommercial LinesLegal

The Additional Insured

May 31, 2015 Michael S. Teitelbaum, partner, Hughes Amys LLP|Michael S. Teitelbaum, partner, Hughes Amys LLP

An oil spill case shows the consequences of not naming an additional insured on a policy

Feature Claims CanadaCommercial Lines

Understand The Tension

March 31, 2015 Derek Gibson, Project Engineer; and Philip Sarvinis, Managing Principal, Building Science and Restoration practice, Read Jones Christoffersen|Derek Gibson, Project Engineer; and Philip Sarvinis, Managing Principal, Building Science and Restoration practice, Read Jones Christoffersen

Adjusters can help with disaster assessment of post-tensioned reinforced concrete structures.

Feature Claims CanadaCommercial LinesLegal

Federal government wants more insurance for railways

March 31, 2015 by

A bill proposing to mandate specific levels of insurance for Canadian railway operators – of $1 billion in some cases – was tabled March 30 in Ottawa for second reading in the House of Commons. MPs debated Bill C-52, the