Canadian Underwriter

Topic Construction

Remodelling a home kitchen
News ConstructionInsurersPersonal Home

Home renovations during COVID: What your clients need to know

June 29, 2021 by Jason Contant

With more of your clients staying home during the pandemic, more are renovating their homes. And that means your clients need to make sure that they have the right insurance coverage in place, and that the renovations are properly reflected

Lumber yard
News ClaimsClaims ProfessionalsCommercial AutoConstructionEmerging RisksInsurersLoss ControlLoss TrendsPersonal HomePropertySupply ChainTrending

Aviva Canada exec predicts how long supply chain pressures will last

June 24, 2021 by Jason Contant

A supply chain bubble that is putting pressure on the Canadian P&C insurance industry should burst within a year or two and it’s just a matter of riding it out, an Aviva Canada claims executive suggested during a virtual fireside

News B.C.ConstructionLegalMergers and Aqcuisitions

Global insurance law firm expands its Canadian presence

June 23, 2021 by David Gambrill

Global insurance law firm Clyde & Co will be entering the B.C. market through a merger with SHK Law Corporation in B.C., effective July 1. The terms of the merger were not disclosed. B.C.’s property and casualty insurance market is

News ConstructionPersonal Home

What’s contributing to rising reconstruction costs in Canada?

June 4, 2021 by Jason Contant

Supply shortages and the skyrocketing price of lumber have combined with project delays and the continued effects of the pandemic to raise property reconstruction costs in Canada, according to the latest reconstruction cost update from Opta Information Intelligence. Opta’s recent

News ClaimsClaims Canada ArchiveConstructionEducationLoss TrendsPersonal HomePropertySupply Chain

A drastic (but effective) way to keep water out of the basement  

June 2, 2021 by Greg Meckbach

A foundation membrane could cost a homeowner client $15,000, and it is probably not something your clients should try installing themselves, but it is “often the most effective method” of waterproofing a basement, a Bobvila.com author suggests. A foundation membrane

News BrokersCommercialConstructionManagementMGAsOperationsPropertyTechnology

The real advantage of straight-through processing in the Lloyd’s market

May 31, 2021 by Greg Meckbach

Managing general agents who can place small business coverage digitally through the Lloyd’s market are at a competitive advantage over MGAs using traditional paper-based processes, an insurtech CEO suggests. “We are one of the very few MGAs that has straight

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsConstructionLegalPropertySupply Chain

Restoration firm suing DKI Canada over termination of agreement

May 30, 2021 by Greg Meckbach

Restoration firm DKI Canada Ltd. is being sued in British Columbia by Coquitlam-based Canstar Restorations Limited Partnership, a former member of the DKI network. Allegations in the lawsuit have not been proven in court. Until 2020, Canstar was operating multiple

News ClaimsClaims Canada ArchiveConstructionLegal

Coverage dispute arises as to whether construction exclusion applies to building under renovation

May 13, 2021 by Greg Meckbach

Editor’s Note: In an earlier version of this story, Canadian Underwriter incorrectly reported that Intact was denied leave to appeal an earlier court finding that a building renovation does not necessarily trigger an “under-construction” exclusion. In fact, the Court of

News BrokersCommercialConstructionCyberMergers and AqcuisitionsOperationsTrending

Gallagher to acquire certain Willis Towers Watson assets

May 12, 2021 by Jason Contant

Arthur J. Gallagher & Co. has announced an agreement to acquire certain Willis Towers Watson reinsurance, specialty and retail brokerage operations as part of a proposed “regulatory remedy” for the pending Aon and Willis Towers Watson deal. Under the agreement,

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