Topic Adjusters
Property claim cycle times are on the rise: Xactware data
August 10, 2020 by David GambrillWhile everyone in the Canadian property and casualty insurance industry knows that quick claims response times are critical to consumer satisfaction, cycle times for property claims in Canada increased overall between 2018 and 2019, according to the latest property damage…
Policies under the microscope
August 7, 2020 by Greg Meckbach, Associate EditorHow the outcome of a test case in Britain over business interruption coverage during COVID-19 may reverberate throughout the Canadian commercial P&C market
Wildfire risk is elevated this year. Why the pandemic made it worse
August 7, 2020 by Adam MalikThe central and Pacific coast of British Columbia could see an increased risk of wildfires this year, a new report predicts. And COVID-19 restrictions could make the risk higher, Allianz Global Corporate & Specialty warned in its 2020 Wildfire Report,…
How high cat losses could go this year
August 4, 2020 by Adam MalikAlberta has become the epicentre for cat losses this year as combined insured damage could reach, if not exceed, $2 billion in the province alone after multiple natural catastrophes have hit various regions over a four-month span. The calculations come…
Why Intact is “very confident” about defending pandemic-related BI claims
July 29, 2020 by Greg MeckbachTwo recent American court rulings in favour of insurers in COVID-related business interruption coverage disputes arose from policy wordings nearly identical to the vast majority of Intact Insurance’s BI policies, officials with Canada’s largest P&C insurer said Wednesday. “The language…
How B.C. adjusters are preparing for major earthquake
July 29, 2020 by Greg MeckbachWhen the next huge earthquake hits British Columbia, some independent adjusting firms may temporarily re-locate offices inland, perhaps even as far east as Alberta. Kernaghan Adjusters is aiming to be “up and running fairly quickly if we get into an…
Claimant learns the difference between “hit-and-run” and collision damage
July 28, 2020 by David GambrillA driver in B.C. is out $1,777 for incorrectly telling the public auto insurer that damage to his parked vehicle was the result of a “hit-and-run,” as opposed to collision damage. Jiameng Wang took Insurance Corporation of British Columbia (ICBC)…
Multiple townhouse units damaged in Hamilton fire
July 27, 2020 by THE CANADIAN PRESSHAMILTON – Firefighters were called out early this morning to battle a massive wind-whipped blaze in a townhouse complex (pictured, above) in Hamilton, Ont. The Hamilton Fire Department says the multi-alarm inferno erupted in the city’s east side on Edenrock…
Why a tribunal changed the insurer’s finding of fault in this parking lot claim
July 24, 2020 by David GambrillB.C.’s small claims court recently overturned the public insurer’s assessment of liability in a case in which a driver pulling out of his parking lot space clipped the open door of a car that had just pulled into the space…
A groundwater flood occurs in the basement: Who pays for the carpet?
July 24, 2020 by Greg MeckbachA plumbing firm that failed to cap an old water pipe after helping renovate a basement is on the hook to reimburse the owner for a new carpet after the property suffered flooding. This is the result of a British…
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…