Topic Claims
UFO sightings: Are your clients covered for an alien invasion?
June 24, 2021 by David GambrillRecent talk about UFOs during the pandemic has caused the most conspiratorial among us to wonder if Canada’s property and casualty insurance industry is prepared for the most secretive of risks: An alien invasion of Earth. Film footage has emerged…
Here’s what can go wrong if you give away a salvage vehicle
June 24, 2021 by Greg MeckbachA couple who thought they received a written-off camper trailer as a gift are entitled to some compensation for repairs they made before the registered owner came to retrieve the vehicle, a Newfoundland and Labrador court has ruled. Sherry Drake…
Aviva Canada exec predicts how long supply chain pressures will last
June 24, 2021 by Jason ContantA supply chain bubble that is putting pressure on the Canadian P&C insurance industry should burst within a year or two and it’s just a matter of riding it out, an Aviva Canada claims executive suggested during a virtual fireside…
New constitutional “sanctuary” for impaired drivers who leave the highway to stop
June 22, 2021 by Greg MeckbachIf you drive drunk in Ontario, it’s your way or the highway. Impaired drivers can now find “sanctuary” by pulling off a public “highway” and on to private property when they see a police car, a Court of Appeal for…
Cleanup of trees, debris underway after deadly Quebec tornado
June 22, 2021 by Morgan Lowrie - THE CANADIAN PRESSMASCOUCHE, Que. – Residents of a town north of Montreal on Tuesday were clearing out tree branches and twisted debris scattered by a deadly tornado that tore through the community and killed one of their neighbours. The tornado Monday afternoon…
‘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,…
Tropical storm Claudette expected to bring heavy rain to Atlantic Canada
June 21, 2021 by The Canadian PressHALIFAX – Tropical storm Claudette is headed for Atlantic Canada. Environment Canada says the storm is expected to dump heavy rain on parts of Nova Scotia and Newfoundland on Tuesday. Earlier today, Claudette was just off the coast of Virginia,…
The future clients want to see in auto claims processing
June 21, 2021 by Adam MalikAfter an initial surge, the number of clients taking advantage of virtual claims processing has dipped. For insurers, now is a critical time to evaluate their processes and figure out how to properly provide a touchless experience, says a recent…
Why liability insurance did not cover the defence of a remediation order
June 18, 2021 by Greg MeckbachAn eastern Ontario municipality does not have coverage with any of its four former liability insurers for a dispute with the provincial environment ministry over alleged pollution occurring more than six decades ago. That’s because the insurance policies in question…
Working from home increasingly popular among Canadian P&C professionals
June 18, 2021 by Adam MalikMore property and casualty insurance industry professionals are working from today than six months ago — and more are “very satisfied” to be doing so, according to a Canadian Underwriter poll conducted last week. Canadian Underwriter first asked the industry…
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…
What’s the state of the cyber market these days?
June 17, 2021 by Adam MalikA lack of scrutiny around the risk being taken on and a flawed claims process bit the cyber insurance market hard, especially over the last year, according to experts in the field. Now, they added, there are signs that insurers…