Canadian Underwriter

News Claims

Metro Vancouver enduring first major snow storm

January 10, 2020 by The Canadian Press

VANCOUVER – Metro Vancouver is enduring its first major snow storm of the winter as snowfall warnings cover the entire inner south coast and eastern Vancouver Island, while many other parts of British Columbia also face nasty conditions. Snow reached…

News AdjustersClaimsInsuranceLegal

Did the threshold for special awards against insurers just sink lower?

January 9, 2020 by David Gambrill

A recent decision of the Licence Appeal Tribunal (LAT) concerning an ice fishing accident in Ontario shows that insurers cannot simply rely on the opinions of medical assessors when determining a claimant’s needs, according to one insurance defence lawyer. In…

News ClaimsClaims CanadaCommercial LinesLegal

Where did that slip and fall liability reform bill land?

January 9, 2020 by Greg Meckbach

Will the Ontario government get around to reforming liability for slips and falls on ice before the winter ends? Bill 118, which passed second reading June 6, is intended to make it easier for clients to defend themselves against lawsuits…

News ClaimsClaims Canada

How catastrophes affected Intact’s Q4 numbers

January 9, 2020 by Greg Meckbach

Intact Financial Corp. is pegging its catastrophe claims at $115 million for the fourth quarter of 2019 alone, more than double the figure for the same period in 2018. Intact released its $115 million estimated catastrophe loss Tuesday. The company…

News EngineeringInsuranceLegal

Why this town is not liable for electric shock hazard at sports field

January 8, 2020 by Greg Meckbach

An Ontario municipality was recently found not liable for an electrical hazard created when a light pole at a sports field was struck by lightning, allowing the light to continue functioning while letting current leak into the ground near the…

News AdjustersInsuranceMarkets / Coverages

How IBC is addressing hard market in condo insurance

January 7, 2020 by Greg Meckbach

Condo corporations in Alberta that are having trouble finding insurance might be able to get help from the Insurance Bureau of Canada. IBC announced Tuesday it is “engaging” a risk manager who can make practical recommendations to condominium corporations to…

News ClaimsInsurance

Another snowstorm making its way toward Atlantic Canada

January 7, 2020 by The Canadian Press

HALIFAX – Another snowstorm is headed for Atlantic Canada. Environment Canada has issued snowfall warnings for much of Nova Scotia, saying between 15 and 25 centimetres of snow is expected on Wednesday – along with northerly gusts reaching 70 kilometres…

News Claims

Eastern Newfoundland walloped by first big snow storm of the winter

January 6, 2020 by The Canadian Press

ST. JOHN’S, N.L. – People in eastern Newfoundland reached for their shovels Monday morning as the region was walloped by the first major winter storm of the year. Environment Canada issued storm warnings and special weather statements for the St.…

News ClaimsInsurance

How total losses may trend in 2020

January 3, 2020 by Adam Malik

With no relief in sight regarding the escalation of auto repair costs, software and data company Mitchell predicts that insurers’ total loss volumes will continue to grow. The frequency of total loss outcomes reached 17.53% in the first half of…

News CatastrophesClaimsMarkets / CoveragesReinsurance

What reinsurance renewals on Jan. 1 told us about the market

January 2, 2020 by David Gambrill

Reinsurance renewals at Jan. 1, 2020 reflected an “asymmetrical” market, featuring a mixed bag of rate increases or decreases (depending on the specific business line or territory), as well as significant rate increases in the retrocession markets, according to Guy…

News ClaimsInsurance

Winter storm lashes B.C. with high winds, heavy precipitation

January 2, 2020 by The Canadian Press

VANCOUVER – Another wicked winter storm is set to churn across most of British Columbia, dumping heavy rain on Metro Vancouver, parts of Vancouver Island and the central and inner south coasts, while bringing snow, wind or freezing rain to…

Feature CatastrophesClaims CanadaClimate Change

Bright skies ahead

January 1, 2020 by Adam Malik, Managing Editor

Catastrophes have hit Canadian P&C adjusters  hard, causing many to wonder if the industry has  the capacity to handle increasing workloads. Why adjusters see sunnier times ahead