Topic B.C.
How many of your clients asked their auto insurer for premium relief?
June 22, 2021 by Jason ContantMany Canadians have been driving far less during the COVID-19 pandemic, but more than half of them did not reach out to their auto insurer to inquire about discounts or changes to their policies, according to a new survey from…
‘Unavoidable delay’ lease clause does not mean retailer can delay paying rent during lockdown: Court
June 21, 2021 by Greg MeckbachHudson’s Bay Company cannot use an “unavoidable delay” clause in a mall lease agreement to stop paying rent to the landlord during the COVID-19 pandemic, a B.C. Supreme Court judge has ruled. COVID-19 was declared a pandemic on March 11,…
Updated tailings code after Mount Polley disaster an improvement: B.C. mines auditor
June 18, 2021 by The Canadian PressVICTORIA – A new report says changes to British Columbia’s requirements for tailings storage after the Mount Polley disaster have generally improved the management of mining waste. The mines chief auditor found many of the revisions made in 2016 to…
A plaintiff suffered a concussion a year before the accident – how this should affect loss of income award
June 17, 2021 by Greg MeckbachThe Court of Appeal for British Columbia has doubled a tort award, for loss of future earning capacity, for a motor vehicle accident victim who had suffered several concussions before he badly injured his head in a rear-end collision. On…
How much property coverage capacity Canada’s oil sands has lost
June 15, 2021 by Greg MeckbachThe withdrawal of “hundreds of millions” of capacity for property risks related to Canada’s oil sands is creating a new challenge for brokers trying to place insurance for oil and gas clients, a broker executive reports. Some insurers have taken…
Restoration firms beware: Did clients authorize payment for your work?
June 14, 2021 by David GambrillA recent flood damage claim in B.C. speaks to the importance of getting in writing from clients exactly what restoration services have been authorized for payment, be it a repair or a full investigation into the cause of the water…
How to sell insurance to a solo entrepreneur in under a week
June 14, 2021 by Greg MeckbachA major pain point for gig-economy entrepreneurs is the traditional process of getting commercial coverage, a Vancouver insurtech CEO suggests. “It is tough being a solo entrepreneur, especially now,” said Jeff McCann, CEO Apollo Insurance Solutions Ltd. “These people are…
Second auto insurance rebate coming in B.C.
June 14, 2021 by The Canadian PressVICTORIA – A second insurance rebate is coming for British Columbia drivers thanks to lower claim costs due to fewer crashes during the COVID-19 pandemic. The government says the Insurance Corporation of B.C. will begin distributing rebates averaging $120 starting…
Estimator’s COVID dilemma: Photos of auto damage not enough, in-person visit not allowed
June 11, 2021 by David GambrillIt’s an auto insurance estimator’s Catch-22. A B.C. small claims tribunal recently downplayed expert evidence based on photos taken in an auto collision shop because the estimator didn’t conduct an in-person inspection of the vehicle — even though pandemic lockdown…
Wildfire service outlook points to rising fire risk for southern B.C.
June 8, 2021 by The Canadian PressVANCOUVER – Rainfall in the next three weeks is crucial if British Columbia hopes to avoid a devastating wildfire season, but the latest outlook from the BC Wildfire Service offers little optimism. The service says rainfall and temperatures were near…
Fairness officer role approved as ICBC launches enhanced care auto insurance
June 7, 2021 by The Canadian PressVICTORIA – The Insurance Corporation of British Columbia has created a new position aimed at ensuring the Crown-run auto insurer makes fair and transparent decisions related to its newly launched enhanced care plan. A statement from the Ministry of Public…
Evacuations and flood warnings, watches issued as rivers swell in northwest B.C.
June 4, 2021 by The Canadian PressRapid snow melt or heavy rains have prompted flood warnings, watches or high streamflow advisories in British Columbia from the central coast north to the Yukon boundary and along most of the eastern length of the province. Evacuation orders and…