Canadian Underwriter

Topic B.C.

News B.C.Emerging RisksLiability

B.C. pilot study to allow electric kick scooters to operate legally in six cities

March 25, 2021 by Nick Wells - THE CANADIAN PRESS

VANCOUVER – A newly approved pilot project will allow electric kick scooters to legally cruise the streets and bike paths of six British Columbia municipalities. Transportation Minister Rob Fleming said Tuesday the pilot project is all about looking at emerging

News B.C.ClaimsClaims ProfessionalsLegalPersonal Home

Strata unit owner loses $5,000 claim after mice chew through dishwasher line

March 24, 2021 by David Gambrill

In the case of a flood caused by a mice infestation, a B.C. strata unit owner was not allowed to recover her $500 insurance deductible or $273 premium increase from the strata corporation despite having warned the strata corporation about

News B.C.Cyber

Victims lose $2M in cryptocurrency frauds, Vancouver police warn scams more frequent

March 22, 2021 by The Canadian Press

VANCOUVER — Police say cryptocurrency scams cost victims in the Vancouver-area about $2 million in just one week and investigators believe the frauds are becoming more common. Vancouver police Const. Tania Visintin says she knows of at least four active

News B.C.CyberInsurersTechnology

ICBC says COVID-19 rebate cheques delayed after cyberattack on third party

March 18, 2021 by The Canadian Press

VANCOUVER – The Insurance Corporation of British Columbia says it’s temporarily delaying the delivery of COVID-19 rebate cheques due to a cyberattack on a third-party vendor contracted to provide printing and distribution services. ICBC says in a statement the vendor

News B.C.ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialLegalLiabilityLoss TrendsPersonal HomeProperty

Why these B.C. strata owners didn’t have to pay the corporation’s $5,000 deductible

March 12, 2021 by Greg Meckbach

A British Columbia strata unit owner is not liable for their strata corporation’s $5,000 deductible on a property claim arising from a fire, the province’s civil resolution tribunal has ruled. Mei Sum Leung and David Leung own a strata unit

News B.C.InsurersManagementOntarioOperationsTechnology

This mutual aspires to break into Top 10 by the 2030s

March 12, 2021 by Greg Meckbach

If multiple Juno-winner Tom Cochrane were to analyze your industry, he might say, “My Gore’s going to play in the big leagues.” Gore Mutual Insurance Company, based in Cambridge, Ont., has big ambitions. Although the mutual currently commands less than

News AlbertaB.C.ConstructionEnvironmentalInsurers

Energy regulator invites comment on Trans Mountain pipeline’s insurer secrecy request

March 10, 2021 by The Canadian Press

CALGARY – The Canada Energy Regulator is inviting public comment on a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers, with the comment period extending beyond the requested deadline. In an online

News B.C.CommercialLoss ControlSupply Chain

B.C. eases requirements, extends deadline for small business recovery grants

March 5, 2021 by The Canadian Press

VICTORIA – The B.C. government has eased the eligibility requirements and extended the deadline for small and medium-sized businesses applying for funds under its $345-million pandemic recovery grant program.   Businesses with up to 149 employees must now show a 30

News B.C.CatastrophesClaimsInsurers

How (and when) to turn a post-earthquake fire Cat into a kitten

March 3, 2021 by David Gambrill

Huge insurance bills for natural disasters such as fire following earthquake could be substantially reduced by paying for improvements that amount to a fraction of the damage estimates. But timing is everything when recommending how to “build back better,” says

News B.C.BrokersCommercialManitobaMergers and AqcuisitionsNew BrunswickOperationsSaskatchewan

Brokerages snapped up coast-to-coast in latest M&A deals

March 3, 2021 by Jason Contant

Canadian brokerage acquisitions continue coast-to-coast with the recent purchases of four brokerages in British Columbia, Saskatchewan, Manitoba and New Brunswick. Navacord, B.C.-based brokerage Waypoint Insurance, Archway Insurance and Westland Insurance Group (which bought two brokerages) all made acquisition announcements at

News B.C.CommercialConstructionEmerging RisksEnvironmental

British Columbia’s Site C dam faces one-year construction delay

March 1, 2021 by The Canadian Press

VICTORIA – British Columbia Premier John Horgan says completing the Site C dam is in the best interests of residents, despite the project’s price tag ballooning to $16 billion and completion date stretching to 2025. The premier told a news

News B.C.InsurersManitobaPersonal AutoSaskatchewan

Public auto insurer to issue pandemic rebate cheques

February 26, 2021 by Jason Contant

Saskatchewan Government Insurance (SGI) is the latest public auto insurer to announce customer rebates for drivers resulting from the ongoing COVID-19 pandemic. Both Manitoba Public Insurance (MPI) and the Insurance Corporation of British Columbia (ICBC) announced rebates in January and