Canadian Underwriter

Topic B.C.

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Probe points to discarded smoking materials as likely cause of B.C. apartment building fire

February 24, 2021 by The Canadian Press

ABBOTSFORD, B.C. – Improperly discarded smoking materials likely played a part in a recent fire in an Abbotsford, B.C., apartment building that left more than 100 people homeless. Assistant chief Ron Hull, with Abbotsford Fire Rescue Services, says the extent

News B.C.ClaimsClaims ProfessionalsConstructionInsurersLegal

Why a $10-million limit did not apply to mitigation of loss in this professional liability policy

February 22, 2021 by David Gambrill

B.C.’s Court of Appeal recently confirmed that a $10-million coverage limit did not apply to mitigation of loss coverage in a professional liability insurance policy, in part because the policy grouped mitigation of loss coverage together with other types of

News AdjustersAlbertaB.C.BrokersClaimsClaims ProfessionalsInsurersSaskatchewan

Cat counter starts the year at $134 million for winter storms

February 19, 2021 by David Gambrill

For the Canadian P&C insurance industry, Cat activity roared in like a lion in January, but has looked more like a kitten since then. Two winter storms in Western Canada caused more than $134 million in insured damage, based on

News B.C.CatastrophesClaimsInsurersPersonal Home

How to increase the take-up of earthquake insurance

February 18, 2021 by Jason Contant

When broader government assistance is available for earthquake insurance, the take-up rates for private earthquake insurance appear to be suppressed, according to a new study on the difference between earthquake insurance rates in B.C.’s Lower Mainland and neighbouring Washington State

News B.C.Cyber

B.C.’s Simon Fraser University reports cyberattack, some personal information exposed

February 18, 2021 by The Canadian Press

BURNABY, B.C. – Simon Fraser University says a cyberattack on a school server has exposed personal information. The British Columbia university says in a statement that spreadsheet data on the breached server contained personal information for a number of current

News B.C.ClaimsClaims Canada ArchiveCommercialLegalLiabilityRisk Managers

The lesson for risk managers in this breach-of-contract lawsuit

February 17, 2021 by Greg Meckbach

A recent Supreme Court of Canada ruling in a breach-of-contract lawsuit means risk managers need to be careful about drafting agreements that give parties discretionary powers, a Toronto-based litigation lawyer warns. Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage

News B.C.BrokersClaimsInsurersLegalPersonal Auto

Broker suspended for his role in “grey market” luxury vehicle sales

February 16, 2021 by David Gambrill

A B.C. broker has been fined $7,000 and had his licence suspended for a year for his role in a “grey market” scheme to circumvent a ban on selling new luxury cars directly to used vehicle dealerships. Anthony Bryan Chua

News AlbertaB.C.ClaimsClaims Canada ArchiveCommercialInsurersLoss TrendsPersonal HomeProperty

One knock-off effect of rising condo deductibles

February 16, 2021 by Greg Meckbach

A large increase in deductibles on condo corporations’ insurance is starting to put pressure on individual condo owners’ premiums, a new report from LowestRates.ca shows. “When a deductible goes up – say from $20,000 a year to $100,000, or $200,000

News B.C.ClaimsPersonal Auto

Two dozen vehicles, including a bus, involved in chain-reaction collision east of Vancouver

February 12, 2021 by The Canadian Press

HOPE, B.C. – Police say a crash that killed one person and injured dozens more east of Vancouver on Wednesday began with a semi-truck stopped in the S-curves on a mountainous highway that was covered in glare ice. The RCMP

News B.C.LegalLiability

Class-action suit filed over alleged orphanage abuse

February 10, 2021 by Laura Dhillon Kane - THE CANADIAN PRESS

VANCOUVER – A Catholic order shuffled known abusers from a notorious Newfoundland orphanage to two schools in the Vancouver area where more boys were victimized, a lawsuit alleges. A proposed class-action suit filed Monday in British Columbia Supreme Court says

News B.C.CyberEmerging RisksLiabilityTechnology

B.C. health authority’s cybersecurity lacking on medical devices, says audit

February 9, 2021 by Jason Contant

VICTORIA – British Columbia’s auditor general says the Provincial Health Services Authority is not effectively managing cybersecurity threats for medical devices and has not evaluated the risk to patients. Michael Pickup says ineffective cybersecurity management means the authority can’t apply

News B.C.ClaimsInsurersLoss TrendsPersonal Auto

B.C. drivers to receive COVID-19 insurance rebate cheques averaging $190 next month

February 3, 2021 by Dirk Meissner - THE CANADIAN PRESS

VICTORIA – Almost three million drivers in British Columbia will receive COVID-19 insurance rebate cheques next month that average about $190 each, Premier John Horgan said Tuesday. The Insurance Corporation of British Columbia will return $600 million in net savings