Canadian Underwriter

Topic Construction

News B.C.ClaimsConstruction

Flames destroy unfinished condo in Langley, B.C., force nearby residents to evacuate

April 20, 2021 by The Canadian Press

LANGLEY, B.C. – A huge fire has destroyed two six-storey condominium towers under construction in Langley, B.C. The fire broke out at around 9:30 p.m. Monday at the development in Langley’s Willoughby neighbourhood, about 45 kilometres east of Vancouver. The

News B.C.ClaimsConstruction

Fire sweeps through unfinished condos in Kelowna, B.C., forcing nearby evacuations

April 8, 2021 by The Canadian Press

KELOWNA, B.C. – A condominium development under construction in Kelowna, B.C., has been severely damaged in a fierce early morning blaze. Flames broke out in a new phase of the Parklane townhouse complex on Kelowna’s north side on Tuesday. Fire

News AlbertaB.C.ConstructionEnvironmentalInsurers

Energy regulator invites comment on Trans Mountain pipeline’s insurer secrecy request

March 10, 2021 by The Canadian Press

CALGARY – The Canada Energy Regulator is inviting public comment on a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers, with the comment period extending beyond the requested deadline. In an online

News B.C.CommercialConstructionEmerging RisksEnvironmental

British Columbia’s Site C dam faces one-year construction delay

March 1, 2021 by The Canadian Press

VICTORIA – British Columbia Premier John Horgan says completing the Site C dam is in the best interests of residents, despite the project’s price tag ballooning to $16 billion and completion date stretching to 2025. The premier told a news

News B.C.ClaimsClaims ProfessionalsConstructionInsurersLegal

Why a $10-million limit did not apply to mitigation of loss in this professional liability policy

February 22, 2021 by David Gambrill

B.C.’s Court of Appeal recently confirmed that a $10-million coverage limit did not apply to mitigation of loss coverage in a professional liability insurance policy, in part because the policy grouped mitigation of loss coverage together with other types of

News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsConstructionPersonal HomePropertySupply Chain

Property restoration space has ‘big capacity’ issue: Brindamour

February 19, 2021 by Greg Meckbach

Intact Financial Corp. is aiming to build capacity in what CEO Charles Brindamour calls the “super-fragmented” restoration contractor industry. “Our thought process with On Side [Restoration] is very much consistent with what we tried to do with BrokerLink a decade

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