Canadian Underwriter

Topic Alberta

Rain and hail flows down from a black roof.
News AlbertaB.C.Emerging RisksInsurersPersonal Home

How to reduce hail damage costs

March 28, 2022 by Alyssa DiSabatino

One way homeowners and insurers can reduce annual hail damage is to use impact-resistant asphalt shingle roofs instead of standard shingles, finds a new report.     A new Institute for Catastrophic Loss Reduction benefit-cost analysis report shows annual hail

Calgary, Canada - May 23, 2015: Sunset over Calgary's skyline with the Scotiabank Saddledome in the foreground. The dome with its unique saddle shape is home to the Calgary Flames NHL club, and is one of the oldest professional hockey arenas in North America.
News AlbertaBusiness InterruptionCommercialInsurersLegal

Calgary Flames sue insurers $125 million for pandemic-related losses

March 23, 2022 by Alyssa DiSabatino

The Calgary Flames have filed a $125-million lawsuit against its insurers to enforce the terms of an all risks insurance policy for “massive losses” due to the COVID-19 pandemic.   The named defendants in the statement of claim filed in

Sunset over pumpjack silhouette
News AlbertaCommercialEnvironmentalLiability

Alberta auditor general gives qualified thumbs up to oil well cleanup spending

March 23, 2022 by The Canadian Press

EDMONTON – The Alberta government is getting mostly check marks from the province’s auditor general over how it handled the billion dollars it got from Ottawa to clean up abandoned oil and gas wells and get service contractors back to

Hourglass sands of time concept
News AlbertaClaimsInsurersLegalPersonal Auto

When do limitation periods really begin?

March 21, 2022 by Jason Contant

The limitation period under a family protection endorsement runs from final judgement or settlement, the Court of Queen’s Bench of Alberta has decided. Master in Chambers Brian Summers examined a case involving para. 6(c) of the SEF 44 Family Protection

News AlbertaClaimsInsurersLegalLiabilityPersonal Auto

Dangerous driving doesn’t necessarily trigger policy exclusion for intent to injure

March 14, 2022 by David Gambrill

A driver pleading guilty and spending nine months in jail on a charge of dangerous driving causing bodily harm does not necessarily prove he intended to cause the injuries, an Alberta court has found. In other words, an auto insurer

Barbara MacPhail
News AlbertaB.C.BrokersManagementManitobaSaskatchewan

Hub adds to Canadian executive management team

March 10, 2022 by Jason Contant

Hub International has announced several promotions within Hub Canada’s senior management team. Barbara MacPhail (pictured above) has been promoted to executive vice president of strategic initiatives Canada, Terri Botosan (pictured top right) is now in the newly-created position of regional

Oil rig on the prairies.
News Alberta

Sanction-fueled oil demand could boost Alberta captives plan

March 9, 2022 by Philip Porado

Sanctions on Russian oil and a major insurer’s recent announcement that it will depart oil sands coverage could spark additional interest in Alberta’s plans to allow captive insurers to domicile in the province. On Mar. 1, AIG said it had

Business development and expansion concept
News AlbertaBrokersCommercialMergers and AqcuisitionsNew BrunswickNova ScotiaOntarioOperationsPersonal AutoPersonal Home

BrokerLink execs discuss expansion strategy

March 4, 2022 by Jason Contant

BrokerLink’s M&A strategy remains focused on regions where it currently does business and is not looking to get into other verticals at the moment, senior executives at the brokerage tell Canadian Underwriter. “The focus continues to be Ontario, Alberta, and

Oil rig at sunset.
News AlbertaEmerging RisksInsurers

AXA XL hires two energy business underwriters

March 3, 2022 by Canadian Underwriter Staff

AXA XL has named Kate Zhou as senior underwriter and Ian Lui as underwriter for its Canada energy business. Both are based in Toronto. Zhou will report to Jennifer Arezes, head of property, construction and energy in Canada, who called

Concept of file sharing on blackboard, shows the concept of "transferring" a document
News AlbertaBrokersLicensingMergers and Aqcuisitions

Why this broker was fined $700 after an acquisition

March 3, 2022 by David Gambrill

An Alberta broker has been fined $700 for failing to transfer her broker’s license when the Co-operators General Insurance Company took over the ownership of her brokerage. Brokers in Alberta and other provinces must have a license that is connected

Bowling. Lucky strike.
News AlbertaClaimsCommercialInsurersLegalProperty

Fort Mac bowling alley covered for water damage despite flood exclusion

March 1, 2022 by David Gambrill

A Fort McMurray, Alta., bowling alley is entitled to coverage for water damage sustained in the April 2020 flooding, despite its insurance policy containing a clear flood exclusion. The Alberta Court of Queen’s Bench found Intact included a coverage extension

Business growth chart with map of Canada on blue background
News AlbertaB.C.BrokersOntarioOperations

Western-based brokerage eyes expansion in Ontario and across Canada

February 24, 2022 by Jason Contant

B.C.-based brokerage InsureLine is looking to expand its unique franchise model to build its brand in Ontario and across Canada. To meet this objective, the brokerage appointed Kevin McKinnon as vice president of franchise development in mid-February. “My goal is