Canadian Underwriter

Topic Loss Control

Lytton wildfire
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Regulator orders risk reduction measures for B.C. railways following Lytton fire

July 13, 2021 by Jason Contant

Following record heat and a wildfire that burned down about 90% of the village of Lytton, B.C., Canada’s transportation regulator has ordered fire monitoring, suppression, and risk reduction measures for railways to protect against wildfire “in the context of extreme

News LegalLicensingLoss ControlLoss TrendsNova ScotiaPersonal Auto

Threat of adverse selection prompts auto carrier to start credit checks

July 13, 2021 by Greg Meckbach

Nova Scotia motorists who consent to a “soft” credit check from Economical Insurance will soon be eligible to get a discount on their auto premium, the province’s regulator announced Monday. The Nova Scotia Utility and Review Board (NSURB) has already

News ClaimsClaims Canada ArchiveClaims ProfessionalsEmerging RisksLoss ControlLoss TrendsPersonal HomePropertySupply Chain

Why your clients’ basements will probably leak eventually

July 7, 2021 by Greg Meckbach

Homeowner clients are battling the elements just by living below the ground floor, and so they will need to act quickly if they notice water pooling in their basement, a building supply vendor suggests. “Creating a comfortable living space in

News ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialLoss ControlPropertyRisk Managers

5 reasons why fire sprinklers fail, and what your clients can do about it

July 6, 2021 by Greg Meckbach

Building renovations are among five common reasons for fire sprinkler failure, according to Diana Rodriguez-Zaba, a partner for ServiceMaster Restoration by Zaba, in a recent article on TheBigRedGuide.com. Typical renovation incidents that can cause failure include collisions with construction equipment,

News AdjustersClaimsClaims Canada ArchiveCommercialLoss ControlLoss TrendsPropertyRisk Managers

Restaurant fires and how they are caused

June 30, 2021 by Greg Meckbach

Kitchen exhaust and gas connections should be near the top of a restaurant client’s risk management agenda. Improperly maintained kitchen exhaust systems are a common cause of restaurant fires, wrote Larry Anderson, editor of TheBigRedGuide.com, in a recent article. This

News ClaimsClaims Canada ArchiveCommercial AutoEducationEmerging RisksLoss ControlLoss TrendsPersonal AutoTechnology

These highway features may encourage distracted driving

June 25, 2021 by Greg Meckbach

Medians and wide shoulders on highways could encourage distracted driving by giving drivers a false sense of security, transportation researchers suggest in a recent paper. “The combination and presence of a shoulder, median, higher speed limit, and extra lanes could

Lumber yard
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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

Women in an underground parking lot
News B.C.InsurersLoss ControlManitobaOntarioPersonal AutoSaskatchewan

How many of your clients asked their auto insurer for premium relief?

June 22, 2021 by Jason Contant

Many Canadians have been driving far less during the COVID-19 pandemic, but more than half of them did not reach out to their auto insurer to inquire about discounts or changes to their policies, according to a new survey from

Celebration at work
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How to convince your clients that buying insurance isn’t a waste of money 

June 15, 2021 by Jason Contant

One of the biggest challenges for the insurance industry is convincing policyholders that they haven’t wasted their money if they constantly pay premiums but don’t have a claim.  To overcome this challenge, insurers should help policyholders celebrate the fact that

News CommercialEmerging RisksInsurersLoss ControlRisk Managers

How the hard market is changing commercial underwriting

June 9, 2021 by Greg Meckbach

The ongoing hard market means underwriters are asking commercial clients more in-depth questions about their organizations’ risk management practices and culture, suggests the new CEO of the Canadian Universities Reciprocal Insurance Exchange. “We are very much in a hard market,”

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Bank of Canada keeps key interest rate target on hold

June 9, 2021 by The Canadian Press

OTTAWA – The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent. The rate has been on hold at its rock-bottom level since the onset of the pandemic last year and the central

News AdjustersClaimsClaims Canada ArchiveClaims ProfessionalsCommercialEnvironmentalLegalLoss ControlNova ScotiaPropertyRisk Managers

In pollution claim, ‘sudden’ could mean several months, court finds

June 8, 2021 by Greg Meckbach

Insurance coverage for a “sudden and accidental” release of diesel fuel can include a discharge that continued over several months, the Nova Scotia Court of Appeal has ruled in a commercial coverage dispute. As a result of Zurich Insurance Company