Adjusters can help with disaster assessment of post-tensioned reinforced concrete structures.
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…
Some key concepts every adjuster and claims examiner should know when confronted with alcohol-related claims.
Earthquake preparedness demands taking steps now to build resilient communities that can better withstand and recover from the impacts of natural disasters and other emergencies, Steven Blaney, Canada’s minister of public safety and emergency preparedness, emphasized during a speech in…
How the investigation of public-private partnership (P3) claims poses challenges for adjusters.
Insurance Solutions to a Growing Threat
How this legal doctrine impacts the sharing of defence costs between primary and excess insurers.
Product Recall Insurance
The recent and ongoing story of recalls by General Motors provides an example of the impact that recall events can have on a company. According to figures posted on the company’s website, GM issued 60 North American recall notices in…
The average “total cost of risk” for companies trended higher for the third consecutive year in 2013, according to the newly-released RIMS Benchmark Survey. The TCOR increased 2% from $10.70 per $1,000 of revenue in 2012 to $10.90 per $1,000…
Insured losses from Hurricane Arthur, which struck the United States and Canada in July, are not expected to be above $250 million from wind and coastal flooding, catastrophe modeling firm RMS reported in mid-July. Arthur made landfall July 3 along…
A recent police raid helped identify roughly $1.4 million in stolen property from 15 separate cargo load thefts over the past several months, the Insurance Bureau of Canada said July 15. “Multiple search warrants were executed on warehouses in the…