Of all disasters throughout Canadian history, natural perils have accounted for 70%, with flooding being by far the greatest source in the 20th century. In 2009 insurance payments for all events in Canada totaled $5.3 billion.
Several factors contribute to the complexity of an environmental remediation claim, including site characteristics and contaminant characteristics. Insurers and adjusters should insist on the use of a truly independent environmental consultant to determine the required scope of the remediation and to oversee the remediation activities from an ‘arm’s length’ perspective.
In the last issue, Education Forum looked at key scientific and legal findings on the potential health risks posed by cell phone use. In this article, we look at some of the insurance issues triggered by claims related to the…
Two Ontario law firms intend to launch a $10-million class action lawsuit against VIA and CN Rail following the Feb. 26, 2012 derailment of a passenger train near Burlington, Ontario. The law firms of Sutts, Strosberg LLP and Falconer Charney…
Insurance Bureau of Canada (IBC) took its message of climate change adaptation to New Brunswick, where data insured water damage losses have almost quadrupled in four years. Speaking to the Saint John Board of Trade on Feb. 22, IBC president…
It has been a busy start of 2012 for the CIAA executive as well as myself. Pat Battle has kept us on course leading up to our mid-year meetings held in Toronto, the first week of February. The week began…
A torrent of tornado activity has highlighted the risk of severe convective storms. While there is some debate over whether twisters are on the rise, the devastating potential for loss of life, injuries and extreme property damage means that the claims response from independent adjusters has to be quick and comprehensive.
Staying true to its “small-office atmosphere,” Townsend & Leedham Adjusters Ltd. has staked out a solid presence in the Edmonton community.
In most cases, the adjuster is the first person on scene on behalf of insurers. It is critical for the adjuster to begin handling the claim properly in order to ensure the best possibility for successful subrogation against a negligent…
How to Avoid Film Interruptions
More than 150 exhibitors from across Canada showcased their works at the Ontario Insurance Adjusters’ Association (OIAA)’s Professional Development & Claims Conference in Toronto on Feb. 8, 2012. The event featured a trade show and seminars covering a wide variety…
When it comes to safety, independent adjusters have come a long way from years past when safety was not high on the priority list. Now, internal company policies, and a healthy dose of common sense, are relied upon to direct adjusters to make the safest choices when handling claims.