Topic Claims
What is costing Alberta auto insurers the most
June 13, 2019 by Jason ContantThird-party liability coverage continues to be the bane of Alberta auto insurers’ existence, the province’s Automobile Insurance Rate Board (AIRB) revealed in its 2018 annual report. Provincial auto insurers collect 53% of every dollar for third-party liability coverage, but are…
CU Total Loss Series: Bending Time
June 13, 2019 by David Gambrill, Editor-in-ChiefTotal Loss Series, Part 3: Solutions Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total…
$107-million Saskatchewan oil leak results in guilty plea
June 12, 2019 by Colette Derworiz - THE CANADIAN PRESSLLOYDMINSTER, Sask. – Husky Energy has pleaded guilty in a pipeline leak that sent oil spilling into a major river and fouled the source of drinking water for thousands of people. The spill into the North Saskatchewan River in July…
Why is New Brunswick’s loss ratio the highest in Canada?
June 12, 2019 by Jason ContantWhat is contributing to New Brunswick’s skyrocketing loss ratio? According to Canadian Underwriter’s 2019 Statistical Issue, the total (direct) loss ratio for the province last year was 100.8%, up 22 points from 78.8% in 2017. This makes it the highest…
Cause of large B.C. hotel fire still under investigation
June 11, 2019 by THE CANADIAN PRESSVICTORIA – Councillors in Victoria are being asked to authorize demolition of what remains of the Plaza Hotel after a fire that burned for four days in the city’s downtown last month. The three-storey, 108-year-old vacant structure had been designated…
Nova Scotia Health Authority investigating possible privacy breach
June 10, 2019 by THE CANADIAN PRESSHALIFAX – The personal health information of nearly 3,000 people may have been compromised in a phishing attack, the Nova Scotia Health Authority says. The health authority said Monday that it is investigating a “potential” privacy breach affecting 2,841 patients.…
Sexual abuse class-action against Montreal oratory can proceed
June 7, 2019 by Greg MeckbachIf you provide commercial liability coverage for religious organizations, you might want to check Friday’s Supreme Court of Canada’s decision in L’Oratoire Saint-Joseph du Mont-Royal v. J.J. The decision paves the way for a class action lawsuit against Montreal’s St.…
How this auto client got bus-ted
June 7, 2019 by Greg MeckbachA British Columbia motorist whose sharp right turn made a bus brake suddenly has lost his dispute with the Insurance Corporation of B.C. Wen Sheng Li was involved in an accident in Vancouver on June 1, 2018. ICBC found him…
Spring flooding not sinking cottage markets in Ontario, Quebec: report
June 7, 2019 by Ross Marowits - THE CANADIAN PRESSTORONTO – Spring flooding has failed to sink Ontario and Quebec’s cottage real estate markets, according to Royal LePage’s annual recreational property report. Parts of Quebec cottage country were inaccessible for weeks because of road closures and some Ontario properties…
How AI can help shape a more effective disaster response
June 7, 2019 by Jason ContantArtificial intelligence (AI) should be used not only to predict what will happen, but to shape and influence that outcome, the president of IBM Canada said Wednesday. “Predicting it is good, but the value that you get as an enterprise…
Welcome to the new era of online flood maps
June 6, 2019 by Greg MeckbachThe organization responsible for flood risk mitigation in and near Kitchener, Ont. is contemplating enabling online access to maps that would let some clients see whether they are in a high-risk flood zone. For the Grand River Conservation Authority (GRCA),…
Ottawa’s spring floods put last round of repairs to the test
June 6, 2019 by Christian Paas-Lang - THE CANADIAN PRESSOTTAWA – A new round of repairs is in store for pathways around Parliament Hill, after the second major flood in three years. Water levels on the Ottawa River remain a metre above normal and crews working for the National…