Canadian Underwriter

Topic Adjusters

News AdjustersClaims

Insurer said to have denied coverage ‘without a comprehensible explanation’

November 26, 2018 by Greg Meckbach

Intact Insurance won a coverage dispute in court but “poor customer relations” means the homeowner plaintiff does not have to pay Intact’s legal defence costs. Homeowner Arnie Augspols sued Intact and G. Bates Plumbing. Augspols noticed several problems in his

News AdjustersClaims

How business interruption claims could play out in the legal marijuana space

November 8, 2018 by Jason Contant

Supply challenges associated with marijuana legalization in Canada will lead to potentially costly business interruption (BI) and contingent business interruption (CBI) claims, an adjusting firm told Canadian Underwriter Tuesday. Because it’s an emerging market, there are a limited number of

News AdjustersClaims

Why marijuana plant value is so important for adjusters

November 7, 2018 by Jason Contant

Claims adjusters handling recreational cannabis claims will need to consider the value of the plant at any given time in the growing process to determine actual loss, an independent adjusting firm said Tuesday. Potential cannabis greenhouse loss is much greater

News AdjustersClaims

Carproof vehicle data provider gets new name in Canada

November 1, 2018 by Greg Meckbach

Data provider Carproof Corp. is now known as Carfax Canada, parent firm IHS Markit Ltd. announced Thursday. Carfax – whose target market includes the auto insurance industry – collects data on vehicles so prospective buyers can find out whether they have

News AdjustersClaims

HR Department: October moves in the industry

October 24, 2018 by Jason Contant

Jeff Goy elected chairman of Insurance Institute’s board of governors The Insurance Institute of Canada has elected S.J. (Jeff) Goy, president and CEO of Wawanesa Mutual Insurance Company, as chairman of its board of governors. Goy was elected chairman at

News AdjustersClaims

Crawford’s Top 3 claim loss predictions from marijuana legalization

October 18, 2018 by Jason Contant

Claims adjuster Crawford & Company (Canada) Inc. sees auto, commercial and workplace-related losses as the Top 3 claims arising from the legalization of marijuana. Auto losses related to cannabis usage; commercial losses to cannabis producers, retailers and distributors; and employee

News AdjustersClaims

Tornado damage: View from the ground

September 25, 2018 by Jason Contant

Claims adjusters are reporting a wide range of claims from the two tornadoes that tore through the Ottawa-Gatineau area Friday. “The tornado event is considered to be more like a ‘pocket storm,’” Kumar Sivakumaran, vice president of national operations with

News AdjustersCatastrophesClaims

How carriers envision the future of independent claims adjusters

September 4, 2018 by Greg Meckbach

Despite increased costs of outsourcing claims adjustment, an extreme wind event this past May serves as a reminder that insurers will continue to need independent claims adjusters and brokers should be prepared to field calls from claimants. The future of

News AdjustersCatastrophesClaims

The absurd effect of commerce law on claims adjusting

September 1, 2018 by Greg Meckbach

It is easier for Canadian insurance companies to bring in adjusters from the United States than to move Canadian adjusters from one province to another, due in part of the North American Free Trade Agreement (NAFTA), speakers said at the

News AdjustersClaimsEducationLegal

How these independent claims adjusters lost their jobs

August 30, 2018 by Greg Meckbach

Some employees of Canadian independent adjusting firms have been shown the door due to bad behaviour that the #MeToo movement is bringing to the forefront, company CEOs said at the recent Canadian Claims Summit. In terms of harassment in the

News AdjustersClaimsLegal

Regulator allows adjuster to co-own a moving company that sells to insurers

August 9, 2018 by David Gambrill

In a clear conflict of interest case, the Insurance Council of B.C. has allowed an insurance adjuster who co-owns an adjusting firm with his wife to double as a minority owner in a moving and storage company that sells its

News AdjustersClaims

Flood report: The city that saw a month’s worth of rain in under three hours

August 8, 2018 by Jason Contant

A “pocket storm” that dumped a month’s worth of rain on the City of Toronto in less than three hours Tuesday night has resulted in mostly sewer back-up and flooding claims, with few commercial losses, according to claims adjuster ClaimsPro.