Topic Claims
Lightning sparks new fires as thunderstorms add to danger in B.C.’s Interior
July 6, 2021 by The Canadian PressLYTTON, B.C. — The BC Wildfire Service says 212 wildfires are burning in British Columbia as lightning storms swept over several areas of the province. The wildfire service website shows more than three dozen small fires have been sparked across…
Lytton fire raises questions about possible subrogation
July 5, 2021 by David GambrillAs the British Columbia Wildfire Service works with the RCMP to investigate the cause of a fire last week that burned down 90% of the village of Lytton, preliminary reports that the fire originated in the town — and not…
From one extreme to another
July 1, 2021 by Glenn McGillivray, Managing Director, Institute for Catastrophic Loss ReductionWhen attempting to sum up the industry’s business environment during the pandemic, the word ‘extreme’ comes to mind
Restaurant fires and how they are caused
June 30, 2021 by Greg MeckbachKitchen exhaust and gas connections should be near the top of a restaurant client’s risk management agenda. Improperly maintained kitchen exhaust systems are a common cause of restaurant fires, wrote Larry Anderson, editor of TheBigRedGuide.com, in a recent article. This…
Northwest Territories government to pay repair costs from spring flooding
June 30, 2021 by The Canadian PressYELLOWKNIFE – The government of the Northwest Territories says it will cover the cost to repair or replace homes damaged by spring flooding. The government says 70 homes were affected in Fort Simpson, 16 to 18 in Jean Marie River…
Internet kills idea of an inconvenient place to defend your client: Judge
June 30, 2021 by David GambrillIn the age of Zoom, the Ontario Superior Court of Justice has essentially found that it doesn’t really matter in which jurisdiction you defend your clients in an arbitration hearing — it’s all part of the common cyber landscape now.…
Old equipment causing new problems for insurers
June 30, 2021 by Adam MalikInsurers are getting a front-row seat in learning the risks that come from aging renewable energy-producing equipment, says an industry expert. The last 15 years have seen a spark in growth in the area of renewable energy development, particularly in…
Evacuation alerts issued for areas near two out-of-control wildfires in B.C. Interior
June 30, 2021 by The Canadian PressThe B.C. Wildfire Service is dealing with two out-of-control blazes in the Interior that have prompted evacuation alerts. The McKay Creek fire was discovered Tuesday burning about 23 kilometres north of Lillooet, and has grown to approximately 50 square kilometres…
How reinsurance prices could come down
June 29, 2021 by Greg MeckbachRecord-low interest rates are making insurance-linked securities attractive to some investors, and this could be good news for primary insurers. ILS includes but is not limited to catastrophe bonds, said Marcos Alvarez, Toronto-based senior vice president and head of insurance…
Appeal court upholds $385,000 payment to Northbridge arising from accident benefits assignment
June 28, 2021 by Greg MeckbachThe Court of Appeal for Ontario recently ruled in favour of Northbridge Insurance in an auto liability claim that featured a dispute over how much of the plaintiff’s accident benefits should go to the liability insurer. Kossay El-Khodr was rear-ended…
Tornado touchdown causes damage in midwestern Ontario
June 28, 2021 by The Canadian PressEnvironment Canada says that at least one tornado touched down late Saturday afternoon in midwestern Ontario. Agency meteorologist Brian Owsiak says that reports from the ground, as well as radar signatures, confirmed that a twister hit just east of Chatsworth,…
Who’s at fault in this duel for street parking?
June 25, 2021 by David GambrillIn a territorial battle for street parking involving sneakiness and deception, a B.C. driver lost his bid to recover his increased auto insurance premium following a minor collision — even though he managed to shift half of the fault over…