Topic Adjusters
Crawford’s Top 3 claim loss predictions from marijuana legalization
October 18, 2018 by Jason ContantClaims 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…
Tornado damage: View from the ground
September 25, 2018 by Jason ContantClaims 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…
How carriers envision the future of independent claims adjusters
September 4, 2018 by Greg MeckbachDespite 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…
The absurd effect of commerce law on claims adjusting
September 1, 2018 by Greg MeckbachIt 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…
How these independent claims adjusters lost their jobs
August 30, 2018 by Greg MeckbachSome 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…
Regulator allows adjuster to co-own a moving company that sells to insurers
August 9, 2018 by David GambrillIn 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…
Flood report: The city that saw a month’s worth of rain in under three hours
August 8, 2018 by Jason ContantA “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.…
Claims adjuster fined $4,000 for failing to properly inform insured about coverage
July 25, 2018 by Jason ContantA Quebec claims adjuster has been fined $4,000 for failing to inform an insured about an insurance carrier’s rights under the insurance policy, and for not promptly responding to emails from the insurer. Philippe Morin was charged with two counts…
How much it cost the industry when baseball-sized hail hit western Canada
July 23, 2018 by Jason ContantA severe storm that affected parts of Saskatchewan and Manitoba in mid-June resulted in more than $90 million in insured damage, according to data released by Catastrophe Indices and Quantification Inc. (CatIQ). Strong winds and large hail – in some…
New Ontario auto catastrophic impairment definition starts in 2016
September 3, 2015 by Canadian UnderwriterA new definition of catastrophic impairment, for vehicle accident injuries, takes effect next year, the Financial Services Commission of Ontario suggested in a recent bulletin. The new definition of catastrophic impairment, in Ontario’s standard accident benefits schedule (SABS), “includes new…