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Fort McMurray homeowners clean up as insurance questions linger after flooding

May 11, 2020 by THE CANADIAN PRESS

FORT MCMURRAY, Alta. – Cora Dion’s voice echoes as she films a video showing what’s left in the basement of her home in downtown Fort McMurray after several days of flood cleanup. The couch and chair are in the garbage.…

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Does the winter tire discount make actuarial sense?

May 8, 2020 by Greg Meckbach

Winter tires may reduce collision risk, but that doesn’t necessarily translate into a reduction in insured losses for every book of business — especially if the snow tires give motorists a false sense of security. Canada’s fifth-largest insurer recently looked…

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COVID BI coverage dispute lawsuit arises over ‘civil authority’ order clause

May 8, 2020 by Greg Meckbach

If a client temporarily closes his business because of a provincial order arising from COVID-19, does its business interruption kick in if the policy covers “damage caused by order of civil authority to retard or prevent a conflagration or other…

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Opinion: Climate change isn’t pausing for the pandemic

May 7, 2020 by Dr. Janis Sarra, Professor of Law, University of British Columbia

As the insurance sector adjusts to respond to challenges related to the novel coronavirus, flood season in Canada is beginning. Today, residents in Fort McMurray, Alta., are returning to clean up their flooded homes and businesses on the anniversary of…

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Dozens more die of COVID in Canada; Greyhound to shut down all service 

May 7, 2020 by Colin Perkel - THE CANADIAN PRESS

TORONTO – Dozens more people in Canada have succumbed to COVID-19, authorities reported on Thursday, as one of the country’s major inter-city bus carriers announced it would be shutting down completely due to a precipitous drop in passengers forced by…

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Why Intact says most clients have no pandemic business interruption coverage

May 6, 2020 by Greg Meckbach

Fewer than 1% of the commercial property policies that Intact Financial Corp. writes should incur business interruption claims from the coronavirus pandemic, company officials suggested Wednesday. But the insurer has set aside more than $80 million to account for possible…

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Federal scientists predict high wildfire risk across Western Canada

May 6, 2020 by Bob Weber - THE CANADIAN PRESS

EDMONTON – A majority of forests in Canada face a higher-than-normal wildfire risk this summer, say federal scientists. The forecast map from Natural Resources Canada suggests every region west of central Quebec will face an above-average hazard. “We’re starting to…

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Aviva loses battle in faulty workmanship exclusion dispute

May 5, 2020 by Greg Meckbach

The application of faulty workmanship exclusions continues to be a subject of disagreement among judges, a Court of Appeal of Alberta ruling from last week shows. The Court of Appeal of Alberta recently found that if a construction contractor causes…

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Why home fire risk has increased in Ontario

May 5, 2020 by THE CANADIAN PRESS

Ontario’s fire marshal says there’s been an increase in fire deaths this year as COVID-19 measures force many people to stay home and do more home cooking. Jon Pegg says there have been 51 fire fatalities between Jan. 1 and…

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How this reinsurer views property risk in Fort McMurray

May 4, 2020 by Greg Meckbach

Some properties affected by the current flooding in Fort McMurray, Alberta, were also affected by the massive wildfire in 2016 but despite the multiple tragedies, the properties are still considered insurable. “Property in the town of Fort McMurray, Alberta is…

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How to exclude business interruption during pandemic

May 4, 2020 by Greg Meckbach

If a commercial insurer does not want business interruption covering a pandemic-related exposure, how should the policy be worded? One insurance defence lawyer would advise the carrier to add a section entitled ‘Pandemic/viral/bacterial infection’ to the list of exclusions. “I…

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Report recommends measures to avoid repeat of flooding in Quebec community

May 4, 2020 by Stephanie Marin- THE CANADIAN PRESS

MONTREAL – A report into the rupture of a dike in Ste-Marthe-sur-le-Lac, Que., during spring flooding last year suggests several problems including a lack of awareness among the population about the associated risks of living in the area. The report…