Canadian Underwriter

Topic B.C.

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Strata owner not liable for common-area water damage

December 14, 2021 by Greg Meckbach

A strata corporation can’t recover $25,000 towards water damage repairs originating from a unit owner’s broken toilet water supply line, the British Columba civil resolution tribunal has ruled. On June 23, 2019, water leaked out of a strata lot. The

Flood damage
News B.C.CatastrophesClaimsCommercialEnvironmentalInsurersLoss TrendsPersonal HomeProperty

B.C. flooding is the costliest severe weather event in province’s history

December 10, 2021 by Jason Contant

It’s official — the massive flooding in southern British Columbia is the costliest severe weather event in the province’s history. In a press release issued late Thursday by Insurance Bureau of Canada (IBC), Catastrophe Indices and Quantification Inc. (CatIQ) said

News B.C.Emerging RisksEnvironmentalNova Scotia

Diverse coastal protections can help limit storm risk

December 9, 2021 by Canadian Underwriter Staff

Both constructed solutions like dykes and seawalls and greener approaches like saltmarsh restoration and dune replenishment can help combat financial and social costs that result from severe storms, a new report noted. “Rising seas, swollen atmospheric rivers and post-tropical storms

Floods in Princeton, B.C. on Dec. 3, 2021
News AdjustersB.C.ClaimsClaims ProfessionalsEnvironmentalPersonal AutoPersonal HomeSupply Chain

B.C. moves to recovery management phase after floods; most military leaving province

December 7, 2021 by Dirk Meissner - THE CANADIAN PRESS

VICTORIA – British Columbia is shifting into repair and recovery mode following devastating floods and landslides caused by record rains that crippled transportation links, deluged agricultural operations and forced the evacuations of thousands of people, says the province’s public safety

Motorist driving on closes Trans-Canada highway in Abbotsford, BC
News AdjustersB.C.CatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLoss TrendsPersonal HomeProperty

Claims adjusters react to B.C. flooding

December 6, 2021 by Greg Meckbach

It’s too early to tell how much the recent “atmospheric river” in British Columbia will cost the industry, but independent adjusters are observing widespread damage. Environment Canada lifted weather alerts for British Columbia on Thursday as storm conditions eased, floodwaters

News AlbertaB.C.BrokersClaimsClaims Canada ArchiveCommercialLegalLicensingOperationsRisk Managers

Why insurance regulators’ council wants to stop best-terms pricing

December 3, 2021 by Greg Meckbach

If you are still placing subscription policies using best-terms pricing, you should stop, the Canadian Council of Insurance regulators suggests. “Fair and transparent pricing is essential to a successful marketplace and CCIR Members expect insurers and brokers to cease BTP

News B.C.CatastrophesClaimsClaims Canada ArchiveLoss TrendsOperationsRisk Managers

CN looks to reopen tracks in southern B.C. this weekend after second network shutdown

December 3, 2021 by THE CANADIAN PRESS

MONTREAL – Canadian National Railway Co. says it aims to reopen its network in southern British Columbia this weekend after another bout of rain and wind prompted a second shutdown. CN said Friday that engineers and construction crews continue to

News B.C.CatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsEmerging RisksEnvironmentalLoss TrendsPersonal HomeProperty

Can we blame climate change for B.C. ‘atmospheric river?’

December 2, 2021 by Greg Meckbach

We can’t say for sure that climate change has caused the heavy rainfall and severe floods and landslides currently affecting British Columbia, but global warming is making disasters like this more likely, a Swiss Re speaker suggested Thursday. “Warmer air

News B.C.BrokersCommercialManagementRisk Managers

Who is now leading Willis Towers Watson Canada

November 30, 2021 by Greg Meckbach

Laura Samaroo (pictured, above) is the new Canadian region leader for Willis Towers Watson PLC, the Dublin-based brokerage announced Tuesday. Samaroo is based in Vancouver. She had been Willis Towers Watson’s Western Canadian market leader and Canada co-leader until being

A temporary dike in Abbotsford following flooding in B.C.
News B.C.CatastrophesClaimsClaims Canada ArchiveLoss TrendsPersonal HomePropertyRisk Managers

More flood warnings, watches issued in B.C. as province braces for third rainstorm

November 29, 2021 by THE CANADIAN PRESS

VANCOUVER – Flood warnings are posted for a section of British Columbia’s southern Interior and flood watches or high water advisories cover large parts of the province, as it deals with the consequences of a second major rainstorm in as

News B.C.ClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLegalLiabilityPersonal Auto

B.C. auto claimant wins dispute over ‘declared value’ in total loss

November 26, 2021 by Greg Meckbach

The Insurance Corporation of British Columbia has been ordered to pay an extra $5,000 to a client whose vehicle was badly damaged on a trip from California. In Link v. ICBC, released Nov. 25, the province’s civil resolution tribunal ruled

B.C. wildfires
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Extreme wildfire weather increasing around the globe, some of the largest increases in Western Canada: research 

November 25, 2021 by Bob Weber - THE CANADIAN PRESS

New research suggests the risk of extreme wildfire events is increasing across the globe, with some of the largest increases in Western Canada.   The research, conducted by Natural Resources Canada and published Thursday in the journal Nature, says rising temperatures and