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Small is Beautiful

May 8, 2018 by Emily Atkins, Editor

It’s fair to say that Nick Stagliano and Scott Mastromatteo dislike bureaucracy. In fact, their need to get out from under the load of meetings, paperwork and layers of management was a principal motivator in the founding of NSA Claims.…

Feature Claims CanadaInsurance

Restoration Myth-Busting: Three-day Drying

May 8, 2018 by Kris Rzesnoski, vice-president, business development, Encircle

Insurance carriers could dramatically improve cycle time, profitability and improve customer service if they abandon misinformation about restorative drying. It has been nine years since one of the world’s leading restoration minds wrote the article “The three-day drying myth.” By…

News CatastrophesClaimsInsurance

Ontario ice storm estimated to cost insurers up to $164 million

May 6, 2018 by Greg Meckbach

The historic ice storm in Ontario and Quebec in mid-April could cost the insurance industry more than $150 million in damage claims, Verisk Analytics Inc.’s Property Claim Services unit reported Thursday. PCS’s preliminary estimate of a catastrophe event April 14-16…

News ClaimsInsuranceLegal

How traumatized witnesses of van attack could make a case for accident benefits

May 3, 2018 by Greg Meckbach

Auto insurers whose customers were witnesses to the April 23 van attack in north Toronto could be paying accident benefits claims if those witnesses have medical evidence that they suffered psychological injury, an insurance law expert suggests. Eight women and…

News CatastrophesClaimsInsurance

Officials warning B.C. flooding this year may be worse due to 2017 wildfires

May 3, 2018 by The Canadian Press

WILLIAMS LAKE, B.C. – Emergency officials in British Columbia’s southern Interior warn that devastating wildfires that charred thousands of square kilometres of timber and bush last year now have the potential to make seasonal flooding even more severe. The warning…

News CatastrophesClaimsInsurance

New Brunswick floods: ‘This could get very uncomfortable,’ officials warn

May 2, 2018 by Kevin Bissett - THE CANADIAN PRESS

SAINT JOHN, N.B. – People were being urged to evacuate their homes Wednesday as rising floodwaters threatened to surpass record-setting water levels in areas along the Saint John River, with one fire chief warning residents: “This could get very uncomfortable.”…

News CatastrophesClaimsInsurance

Early April storm in Ontario, Quebec causes $85 million in insured damage

April 30, 2018 by Jason Contant

A windstorm in early April is estimated to have cost insurers more than $85 million, mostly from home insurance claims in Ontario, according to Catastrophe Indices and Quantification Inc. (CatIQ). The April 4-5 storm brought severe rain and freezing rain,…

News Claims

‘Countless’ accident benefits claims will arise from Toronto van attack

April 27, 2018 by Greg Meckbach

Accident benefits claims arising from the April 23 tragedy in north Toronto could cost insurers millions of dollars, an insurance lawyer suggested Thursday. Eight women and two men were killed and at least 14 more injured Monday after a rental…

News ClaimsInsuranceMarkets / Coverages

2 reasons why it’s hard to model crop risk in Canada

April 27, 2018 by Jason Contant

Fluctuating loss ratios and an evolving mix of crops in Canada are two factors contributing to the difficulty in modelling crop risk in the country, AIR Worldwide said recently. Rebecca Arias, the catastrophe modelling firm’s product marketing manager, wrote in…

News ClaimsInsurance

New Brunswick latest province to see rising flood threat

April 26, 2018 by The Canadian Press

FREDERICTON – Waters are rising in New Brunswick, and officials are warning residents to move their belongings to higher ground. New Brunswick’s Emergency Measures Organization says the St. John River is expected to reach flood stage this week in many…

News AppointmentsClaimsInsuranceMergers and AqcuisitionsProfessional Development

Sedgwick team to include Albert Poon following merger with Cunningham Lindsey

April 25, 2018 by Jason Contant

Albert Poon, most recently president of Cunningham Lindsey Canada, will remain a key part of the team following Sedgwick Claims Management Services’ recent acquisition of Cunningham Lindsey, the president of the combined business operations in Canada told Canadian Underwriter Wednesday.…

News ClaimsLegal

Rental agencies struggle with screenings as security concerns rise

April 25, 2018 by Ian Bickis - THE CANADIAN PRESS

Monday’s deadly rental van rampage in Toronto shows how quickly a vehicle can be turned into a weapon, but rental agencies are finding few clear options to prevent their property from involvement in such violent acts. The urgency to find…


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