Topic Adjusters
Adjuster reacts to B.C. earthquake
July 24, 2020 by Greg MeckbachThe earthquake earlier this week off the coast of Vancouver Island does not seem to have caused any insured property losses, but the industry is nonetheless encouraging all British Columbians to be prepared in any case for a large disaster.…
The issue with this waiver in trampoline personal injury lawsuit
July 22, 2020 by Greg MeckbachAn indoor trampoline operator has lost its bid to have a personal injury lawsuit from a customer dismissed on the grounds of a waiver. In Zaky v. 2285771 Ontario Inc., Ontario Superior Court Justice Clayton Conlan ruled there is a…
Separate quakes hit off B.C. and Alaska, but cause no damage, tsunami
July 22, 2020 by THE CANADIAN PRESSVANCOUVER – A moderate earthquake has occurred off northwest Vancouver Island but emergency officials in British Columbia say it has not produced a tsunami. Earthquakes Canada says the magnitude 5.4 quake struck at 4:33 a.m. and was centred 285 kilometres…
A P&C insurance-specific guide for returning to the office: Deloitte
July 21, 2020 by David GambrillAs Canadian P&C insurance industry leaders start to think about bringing employees back to the office, now is a good time to re-think the work required, the workforce skills that will be needed in the future, and what the future…
Basement flood victims lose suit against previous owners
July 20, 2020 by Greg MeckbachBritish Columbia homeowners who tried to sue the people who sold them the home for water damage allegedly caused by hydrostatic pressure lost their case at the Civil Resolution Tribunal. Seth Nanayakkara, Julia Wells and Linda Adams bought took possession…
Tour company investigating Alberta glacier bus crash that killed three
July 20, 2020 by Bill Graveland - THE CANADIAN PRESSCOLUMBIA ICEFIELD, Alta. – The president of the company that runs the bus tours at the Columbia Icefield between Banff and Jasper said changes will be made, if necessary, after a rollover on the glacier killed three people and sent…
Storm causes damage but Edmonton Oilers arena structurally sound: mayor
July 17, 2020 by THE CANADIAN PRESSEdmonton’s mayor says a preliminary assessment shows storm damage to Rogers Place is not structural and the arena will be able to hold upcoming National Hockey League games. Don Iveson says photos of Thursday night’s flooding and damage to the…
How pandemic is making a common marine risk problem worse
July 16, 2020 by Greg MeckbachThe pandemic is making it difficult for shipping companies to get spare parts and technical professionals aboard to perform essential maintenance and repair, a new report from Allianz Global Corporate & Specialty suggests. For the insurance industry, the most common…
How many claims the Calgary hail storm caused
July 16, 2020 by Greg MeckbachThe industry is dealing with more than 70,000 claims arising from last month’s hail storm in Alberta, but it’s not clear yet how much of the bill will get picked up by reinsurers, the Insurance Bureau of Canada reports. The…
What happened when this strata unit owner got sued over toilet supply leak
July 15, 2020 by Greg MeckbachA British Columbia strata owner is not liable for damage to the unit immediately below as a result of a burst toilet supply line, the province’s Civil Resolution Tribunal has ruled. The September 2018 plumbing mishap happened in a strata…
The impact of surreptitious dangerous goods shipments on marine insurance
July 15, 2020 by Greg MeckbachThe marine insurance sector saw a huge drop last year in the number of total shipping losses but the industry continues to have a problem with shippers trying to sneak hazardous and flammable cargo on board without declaring it. “Dangerous…
Fraud schemes that financially-strapped clients may be considering
July 14, 2020 by Greg MeckbachSome consumers who owe money on vehicle loans during the COVID-19 pandemic may be tempted to make false auto theft claims, an independent adjuster warns. “Insureds who are desperate for money may have the vehicle stolen and burned to ensure…