Canadian Underwriter

Topic Construction

News BrokersClaimsCommercialCommercial AutoConstructionCyberInsurersLegalLoss TrendsProperty

Canada’s hardest-hit commercial lines — and a reason for optimism

February 18, 2021 by David Gambrill

Commercial lines market hardening in Canada — and globally — should continue through the early half of 2021, with some possible easing of rate increases during the second half of the year once vaccine rollout is widespread, an Aon report

News AdjustersAlbertaCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsConstructionInsurersLoss TrendsPersonal HomePropertySupply Chain

What’s making it harder to estimate property Cat claims

February 17, 2021 by Greg Meckbach

Recent price increases in building materials means it is harder than normal to predict the cost of repairing property damage, restoration experts say. Restoration contractor Peak Services handled several thousand claims after the June 13, 2020, record hail storm in

News AdjustersClaimsClaims Canada ArchiveConstructionLoss ControlLoss TrendsProperty

What can go wrong when do-it-yourself clients try to replace home water heaters

January 19, 2021 by Greg Meckbach

Some homeowner clients could get in trouble if they try to replace water heaters themselves, by following do-it-yourself handyman advice they find somewhere on the Internet. Many home insurance policies specifically require that water heater installation be done by a

News ClaimsConstructionLiabilityOntarioProperty

Partial building collapse in London, Ont. kills two workers, injures four others

December 14, 2020 by Colin Perkel - THE CANADIAN PRESS

TORONTO – Workers sifting through the rubble of a partially collapsed building in London, Ont., recovered the body of a second victim, city officials said on Sunday of the construction mishap that also killed the father of an infant. The

News AdjustersClaimsClaims Canada ArchiveClaims ProfessionalsConstructionInsurersLicensingLoss ControlLoss TrendsOntarioPersonal HomeProperty

What four home insurers told the auditor general about illegal electrical work

December 8, 2020 by Greg Meckbach

Some Ontario homeowners could collect insurance money on property claims even if the damage was caused by illegal electrical work, the auditor general suggests in her report released Monday. Staff with the province’s Office of the Auditor General contacted four

Feature AdjustersClaimsClaims Canada ArchiveConstructionEnvironmentalInsurersLegalLiabilityLoss ControlLoss TrendsPersonal HomePropertyRisk Managers

Gushing over oil storage

October 18, 2020 by Michael Freill, President, Mark 1 Engineering

How Canada’s P&C insurers plugged a regulatory hole that exposed the industry to millions of dollars in claims every year

News ConstructionInsurersNWT

Three insurers refuse deal to sell Canadian diamond mine for $166 million

October 13, 2020 by The Canadian Press

CALGARY – A deal to sell the suspended Ekati Diamond Mine in the Northwest Territories for about $166 million has fallen through after bond issuers refused to go along with it. Owner Dominion Diamond Mines ULC says the offer by

News ConstructionLegalLiabilityOntario

Consortium building Eglinton Crosstown takes government to court over COVID-19 issues

October 9, 2020 by John Chidley-Hill - THE CANADIAN PRESS

TORONTO – The consortium building a light-rail transit line across Toronto said Thursday that it was taking the provincial government to court over alleged delays and cost overruns related to COVID-19. Crosslinx Transit Solutions said it had filed an application

News AdjustersBrokersClaimsClaims Canada ArchiveClaims ProfessionalsCommercialConstructionEmerging RisksLegalLiabilityOntarioRisk Managers

Appeal court dismisses lawsuit against Economical over additional insured endorsement

October 5, 2020 by Greg Meckbach

A solar energy developer has lost its appeal against Economical in a commercial coverage dispute regarding an additional insured, in which the policy wording referred to “liability arising out of the operations” of the insured. “Contractual insurance obligations and additional

News CommercialConstruction

Why the status quo can be dangerous in the construction insurance world

September 9, 2020 by Jason Contant

“We’ve always done it this way” are six dangerous words in the construction world, and equally dangerous for those trying to assess or procure adequate insurance for construction projects. “Doing what we’ve always done rarely is OK when we’re facing

News ClaimsClaims Canada ArchiveConstructionLegalLiabilityOntarioPersonal HomeProperty

Why these home buyers won a $100,000 lawsuit

September 8, 2020 by Greg Meckbach

A recent Ontario court ruling arising from a major structural defect in a cottage country home shows why a homeowner should get the vendor to complete a seller property information sheet (SPIS) before agreeing to a purchase. “The law can

News BrokersCatastrophesClaimsCommercialConstructionInsurersLoss TrendsProperty

COVID-19 compounds ongoing real estate insurance challenges

September 8, 2020 by Adam Malik

The global pandemic isn’t necessarily causing a large number of problems around insurance issues in the real estate sector, but it’s clogging up the pathway to making things better. “The way we’re thinking about real estate and insurance is that,