Topic
Construction
Navacord continues to expand its construction practice with latest partnership
November 5, 2018 by Jason ContantEffective Nov. 1, commercial brokerage Navacord Corp. continued to expand its construction practice with the addition of Westmount Guarantee Services Inc. as a broker partner. Founded in 2011, Markham, Ont.-based Westmount Guarantee provides Tarion bonds (developers’ surety), condominium deposit insurance…
Were the Ottawa-Gatineau tornadoes the costliest in Canadian history?
October 17, 2018 by Jason ContantThe tornadoes that struck the Ottawa-Gatineau area on Sept. 21 cost the industry $300 million in insured damage, the Insurance Bureau of Canada (IBC) said Wednesday. Of that, $200 million was for insured damage on the Ontario side, and $100…
Mandatory building fire risk labels proposed
October 7, 2018 by Greg MeckbachFire safety can be impacted if a building is made from lightweight, prefabricated material, and legislation under debate would mandate placards for certain construction types in Ontario. “Truss and lightweight construction, when exposed to fire, can pose serious risks to responding firefighters,” Randy…
Paid Steering the Course: Course of Construction (COC) Insurance Options
August 28, 2018 Neil Jeanson, Senior Class Underwriter, XL CatlinAll it takes is a spark. From a sander. Or errant cigarette. And POW! Igniting common, flammable construction materials like wood, solvents, packaging, and gasoline and turning a work in progress to a pile of ash. It’s a powerful blow…
Could this new construction method hike insurance costs?
August 27, 2018 by Greg MeckbachA client occupying a tall wood building could face higher insurance costs, a group of masonry producers claims, while one fire insurer confirms such a building deserves closer scrutiny from an underwriter. Your insurance premiums would be higher as an…
Mechanic barred from suing employer over workplace injury
August 13, 2018 by Greg MeckbachA Newfoundland and Labrador construction company no longer faces a lawsuit from the estate of an injured worker, after the Supreme Court of Canada announced Thursday it will not hear an appeal. Many Canadian corporate clients lack liability insurance covering…
After leak causes $3-million damage to dream home, plumbing contractor loses bid to block insurer’s subrogation
July 19, 2018 by David GambrillA 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…
Court finds coverage for subcontractors when broad policy provision included by accident
July 5, 2018 by David GambrillA B.C. court has found that a design-build contractor and an architectural and engineering firm are both entitled to coverage under a Lloyd’s Underwriters policy that included a broad provision to insure “any firm(s)” providing “professional services” to a B.C.…
Hundreds of New Brunswick flood victims still out of homes months after deluge
July 4, 2018 The Canadian PressFREDERICTON – Hundreds of people remain out of their homes in New Brunswick months after historic floodwaters swept through the province, destroying buildings and inundating highways. Bill Lawlor, director of the Canadian Red Cross in New Brunswick, said Tuesday that…
Jeffrey Chubry Takes on Branch Manager Role at STRONE Barrie and Bracebridge
June 19, 2018 by STRONE-ItechBARRIE, ON, June 19, 2018 /insPRESS/ – STRONE Restoration is very pleased to announce that Jeffrey Chubry has accepted the role of Branch Manager at STRONE Barrie and Bracebridge. Jeffrey brings solid construction and management experience to the job and will…
Communities using development permits to reduce risk of wildfire: ICLR
May 31, 2018 by Jason ContantReducing the risk of wildfire, several communities in western Canada are using development permits as a way to address construction of new residential development in the wildland-urban interface, the Institute for Catastrophe Loss Reduction (ICLR) noted in a recent report.…
Contractor Connection Partners with Peel Mutual Insurance Company
May 30, 2018 Crawford & Company (Canada) Inc.KITCHENER, ON, May 30, 2018 /insPRESS/ – Contractor Connection®, a Crawford & Company global service line and the leading global contractor managed repair provider for property repairs after an insurance claim, announced today its partnership with Peel Mutual Insurance Company (PMI),…