Canadian Underwriter

Topic Supply Chain

Feature ClaimsClaims Canada ArchiveClaims ProfessionalsLoss ControlPropertySupply Chain

Undisputed Neutrality

December 9, 2020 by Adam Malik, Managing Editor

In a world where insurers are amalgamating claims service offerings, third-party forensic engineers can bring to the table a neutral, unbiased perspective that is void of any potential for a conflict of interest, says Chris Giffin, chief executive officer of Haag Canada.

News ClaimsCommercialInsurersSupply Chain

The missing piece Canada’s newest engineering player sees in insurance

November 26, 2020 by Adam Malik

There’s a need for experts capable to handle complex and large loss investigations and provide unbiased views, says the Canadian head of global forensic engineering firm Haag, which has opened up shop in Canada. The Dallas, Tx.-based company expanded north

News Business InterruptionClaimsCyberEmerging RisksInsurersSupply ChainTechnology

Cyber insurance: Most frequent and costly claims revealed

November 24, 2020 by Jason Contant

External attacks on companies result in the most expensive cyber insurance losses, but internal failures like employee mistakes and technical problems are the most frequent generator of claims by number (albeit with a lower financial impact), a new report says.

News ClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLegalLicensingLoss ControlPersonal AutoSupply Chain

What happened to this therapist who was convicted of insurance fraud

November 17, 2020 by Greg Meckbach

An Ajax, Ont. woman who billed claimants and insurers for therapy services that were never performed has lost her bid to appeal her criminal convictions to the Supreme Court of Canada. In 2008, a motor vehicle accident victim went to

News Business InterruptionClaimsCommercialEmerging RisksInsurersLoss ControlLoss TrendsOperationsSupply ChainTrending

How much premium it would take for P&C insurers to absorb global BI pandemic losses

November 2, 2020 by Jason Contant

Property and casualty insurers would need to collect business interruption policy premiums for 150 years to make up for projected global output losses in 2020 related to the COVID-19 pandemic, the Geneva Association found in a recent study. “P&C insurers

News ClaimsLiabilityLoss ControlOntarioRisk ManagersSupply Chain

Experts say counterfeit hand sanitizer recall is a lesson for retailers

October 22, 2020 by Tara Deschamps - THE CANADIAN PRESS

TORONTO – Dollarama Inc. is removing a counterfeit and recalled hand sanitizer from its shelves, which experts say should serve as a reminder of how important it is for retailers and consumers to do their due diligence when shopping. “Since

News AlbertaBusiness InterruptionSupply Chain

How to prevent disruptions in food supply chains after COVID-19

October 2, 2020 by John G. Keogh, Strategist, Advisor, Academic Researcher, University of Reading

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.   Almost all businesses involved in the food supply chain have

News Claims TechnologyOntarioPersonal AutoSupply ChainTechnology

How the pandemic will change insurers’ medical assessments

September 23, 2020 by Greg Meckbach

The COVID-19 pandemic has prompted some insurers’ medical examiners to consider virtual exams instead of in-person exams when the examiner needs to speak with the claimant. “We work with a number of firms that provide independent medical assessments and evaluations

News AdjustersAlbertaCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLicensingPersonal HomeSupply Chain

Industry needs ‘to find a solution’ to this claims adjusting problem

September 9, 2020 by Greg Meckbach

Something needs to be done to make it easier to let Canadian claims adjusters work outside their home province in the event of a disaster, speakers suggested on a recent webinar. “It’s generally understood that it’s easier to bring U.S.

News ClaimsClaims ProfessionalsCommercialInsurersManagementOperationsSupply Chain

Allianz Global Corporate & Specialty names new chief agent for Canada

August 25, 2020 by Jason Contant

Allianz Global Corporate & Specialty (AGCS) announced Tuesday it has appointed Bernard McNulty as chief agent for Canada, effective immediately. In addition to taking on the chief agent role, McNulty will remain in his current position as head of claims

News AdjustersClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsOntarioSupply Chain

Multiple townhouse units damaged in Hamilton fire

July 27, 2020 by THE CANADIAN PRESS

HAMILTON – 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

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsLegalSupply Chain

A groundwater flood occurs in the basement: Who pays for the carpet?

July 24, 2020 by Greg Meckbach

A 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