Power outage restoration enters “most difficult phase”: Hydro Quebec
November 5, 2019 by The Canadian PressMONTREAL – Hydro-Quebec says it is aiming to have all of the roughly 40,000 customers still without power Monday afternoon reconnected to the grid by Tuesday. The 1,400 employees working to restore power across the province following Friday’s windstorm have…
Why this commercial food spoilage claim from ice storm was denied
November 4, 2019 by Greg MeckbachIf your client has coverage for business interruption and spoiled perishable food inventory, does that still kick in if the loss was caused by damage to power transmission lines off the client’s property? For a Toronto bakery, the answer is…
Heat Map
November 3, 2019 by Greg Meckbach, Associate EditorReinsurers bore a large portion of the Fort McMurray wildfire losses. Now, they want better data on Canada’s high-risk areas
Mind the Gap
November 2, 2019 by Jason Contant, Online EditorThe gap between those who are insured against catastrophes and those who aren’t is still noticeably wide, particularly as storms are supposed to get worse. Monica Ningen, president and CEO of Swiss Re Canada and English Caribbean, describes what can...
Desjardins revises data theft impact numbers, says 4.2 million affected
November 1, 2019 by Julien Arsenault - THE CANADIAN PRESSMONTREAL – The Desjardins Group data theft is much more widespread than first thought and actually hit 4.2 million members, the banking co-operative’s chief executive said Friday. Guy Cormier told a news conference the revised number – which represents the…
The ‘interpretative stumbling block’ in figuring out whether off-road vehicle accidents are insured
October 31, 2019 by Greg MeckbachConfused about whether Ontario accident benefits applies if your client has an out-of-province accident involving a dirt bike or all-terrain vehicle? The Court of Appeal for Ontario tried to address this confusion in Benson v. Belair Insurance Company. If an…
Edmonton window washing accident amid high winds under investigation
October 31, 2019 by THE CANADIAN PRESSEDMONTON – The City of Edmonton says it’s investigating a window-washing company that was working on the capital’s tallest tower last week in windy conditions when a suspended platform smashed into the building and threw a worker over a railing.…
What stops this insurer from measuring effectiveness of winter tires
October 29, 2019 by Greg MeckbachMore than half a million Manitoba motorists are taking advantage of a winter tire financing program, but the jury is still out on whether the program has reduced accident frequency or severity. There are about 580,000 registered passenger vehicles in…
How B.C. plans to address nat cat risk management
October 29, 2019 by Dirk Meissner - THE CANADIAN PRESSVICTORIA – The challenges of preventing and responding to devastating wildfires and floods in British Columbia and the prospect of more disasters to come has prompted the government to reassess its emergency management laws. The Emergency Program Act needs to…
$2.2-million credit score class action settlement with The Personal approved
October 28, 2019 by Greg MeckbachA $2.2 million settlement of a class-action privacy lawsuit against The Personal has been approved by a judge, plaintiffs’ law firm Waddell Phillips Professional Corporation announced Monday. The lawsuit arose after The Personal asked some auto claimants if it could…
Final pieces of storm toppled crane removed off top of Halifax building
October 28, 2019 by THE CANADIAN PRESSHALIFAX – The final pieces of a crane that collapsed onto a building in Halifax last month, during post-tropical storm Dorian, have been removed. A government release says the pieces that were lying on the top storey of the Olympus…
Expert witness rule in auto personal injury lawsuits deemed unconstitutional
October 25, 2019 by Greg MeckbachA 22-year-old Supreme Court of Canada ruling in favour of a marine cargo insurer is a sword that could cut the other way for Canadian auto insurers. The British Columbia government brought in a rule this past March limiting parties…
CANADIAN UNDERWRITER RESOURCES (PAID CONTENT)
