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The extent of June 29 Saskatchewan tornado damage

July 3, 2019 THE CANADIAN PRESS

GOODSOIL, Sask. – Cleanup continues at a Saskatchewan campground following two tornadoes that snapped trees and caused severe damage on the Canada Day long weekend. Trevor Finlay, manager of Meadow Lake Provincial Park, says about 90 per cent of boats,

News Insurance

How coverage for “idea misappropriation” landed this insurer in court

July 3, 2019 by Greg Meckbach

Commercial coverage for advertising liability could be a little broader than some underwriters may think. In a decision rendered on a coverage dispute, British Columbia’s appeal court ruled on June 28 that Lloyd’s Underwriters has a duty to defend Blue

News Insurance

How to get your views on open banking heard in Ottawa

July 3, 2019 by Greg Meckbach

If open banking is on your radar screen, Senator Colin Deacon would like to hear from you. “I would love to have a conversation within [the property and casualty insurance] sector to talk with your sector leaders at some point,

News ClaimsInsuranceMarkets / Coverages

How many cyber claims result from human error?

July 3, 2019 by Jason Contant

About three-quarters of cyber claims notified in 2018 to one specialist insurer involved some kind of “easily preventable” human error. “Theft of funds, ransomware, extortion and non-malicious data breaches usually start with a human error or oversight, such as clicking

insPRESS Insurance

Local Restoration Company Opens to Serve Halifax

July 3, 2019 Rainbow International Restoration

Halifax, NS, July 3, 2019/InsPress/  – National home and commercial restoration company, Rainbow International, would like to announce the opening of a new location in Halifax, Nova Scotia. Rainbow International Restoration of Halifax is owned in partnership by Neal Andreino

insPRESS Insurance

ServiceMaster Restore Continues Sponsorship of the Ronald McDonald House Charities PJ Walk for Kids

July 3, 2019 by ServiceMaster of Canada Limited

Mississauga, ON, July 3, 2019/InsPress/ – Now in its third year, ServiceMaster Restore is proud to continue its support as the Presenting Sponsor of the Ronald McDonald House PJ Walk for Kids. Since 2016, the event has raised over $600,000

News Insurance

How much of your lunch are direct writers really eating?

July 2, 2019 by Greg Meckbach

Feeling threatened by insurers who invest in a direct-to-consumer channel? Debate rages on about how much of your lunch directs could possibly eat, with commentators citing limits to the direct model. “I think there is always going to be a

News Insurance

Tornadoes strike Saskatchewan campground

July 2, 2019 THE CANADIAN PRESS

GOODSOIL, Sask. – Environment Canada confirms winds that flattened a northwest Saskatchewan campground over the weekend were the result of tornadoes. The agency says in a weather summary of the incident that a severe thunderstorm moved through the Murray Doell

News Insurance

One simple way to avoid a claims dispute

July 2, 2019 by Greg Meckbach

Some claims disputes can be prevented entirely with better communication between clients and insurers, suggests an engineer for a firm that investigates property damage. “I couldn’t put a number on it, but I would say a large number of the

News InsuranceMergers and Aqcuisitions

Archway acquires three brokerages in mega-deal

July 2, 2019 by Jason Contant

Archway Insurance will nearly double its footprint in New Brunswick following a mega-deal to acquire three brokerages and seven new offices across the province. Amherst, N.S.-headquartered Archway acquired Shaw Insurance Agency Ltd., Solutions Assurances 360° Inc. and J. & N.

insPRESS Insurance

Today Marks Origin and Cause’s 28th Anniversary! 

July 2, 2019 by George Costandi

Toronto, ON, July 2, 2019/InsPress/ – It was on this day, 28 years ago, that our company’s founders (Mazen Habash, Richard Kooren, Dicky Walters and Ken Byers) first sat down together in our Ancaster office to form Origin and Cause.

News InsuranceLegislation / RegulationMarkets / CoveragesReinsurance

How to make earthquake insurance sexy

June 28, 2019 by Jason Contant

Quebec’s financial regulator, the Autorité des marchés financiers (AMF), is working with the property and casualty insurance industry to make the earthquake insurance product more attractive to insurers, brokers and consumers. In its 2017-2020 Strategic Plan released Thursday, AMF said