Canadian Underwriter

Topic Loss Trends

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialEmerging RisksLegalLiabilityLoss ControlLoss TrendsPersonal HomePropertyRisk ManagersTrending

How liability for deductibles on strata claims is changing in B.C.

July 3, 2020 by Greg Meckbach

Strata unit owners might see a reduction in liability risk for common-area damage if a recently-tabled bill is passed in British Columbia. “Right now, if a water pipe bursts in a bathroom due to manufacturer error and leaks beyond common

News B.C.CatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsPersonal HomePropertyTrending

Flood warnings issued as B.C.’s major rivers surge, rainfall continues

July 3, 2020 by Amy Smart - THE CANADIAN PRESS

VANCOUVER – Heavy rainfall has caused rivers to surge across much of British Columbia, washing out roads and putting many communities on alert. The River Forecast Centre has issued flood warnings, its highest alert, for the areas around the upper

News AdjustersAlbertaCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsPersonal HomeTrending

What was abnormal about June Calgary hail storm

July 2, 2020 by Greg Meckbach

Alberta’s hailstorm in mid-June was so severe that some homes suffered interior damage as a result, an independent adjusting firm reports. “We have seen skylights completely blown out to the point that the hail that impacted that skylight also impacted

News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss ControlLoss TrendsManitobaPersonal HomeTrending

Dam threatened by water levels in rural Manitoba, some residents evacuate

July 2, 2020 by THE CANADIAN PRESS

RIVERS, Man.  – A rural Manitoba mayor says some people and livestock have been evacuated from his community because high water levels are threatening a dam. Rural Municipality of Riverdale Mayor Todd Gill says 38 households in the Little Saskatchewan

Feature BrokersEmerging RisksLoss ControlLoss TrendsManagementTrending

Return Migration

June 29, 2020 by David Gambrill, Editor in Chief

Throughout Canada, provinces are starting a phased re-opening of the economy (albeit some regions are in more advanced stages than others). Doron Melnick, partner in KPMG’s
people and change advisory services practice, is advising businesses on how to return to the office while the global novel coronavirus remains a threat.

News AdjustersAlbertaCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsPersonal HomePropertyTrending

Public reaction to insurers ‘could get ugly’ after Calgary hail storm: Broker

June 25, 2020 by Greg Meckbach

The industry’s reputation could take a beating in the aftermath of the devastating June 13 Alberta hail storm if misleading rumours are spread by people who do not understand how insurance works, an official with the province’s broker association warns.

News ClaimsClaims Canada ArchiveInsurersLoss TrendsTrending

Intact predicts two-year hard market in auto

June 17, 2020 by Greg Meckbach

As the number of kilometres driven drops during the pandemic, consumers can expect to get a break on their auto insurance – and expect a hard market to pick up after the pandemic, Intact Financial CEO Charles Brindamour warns. “We

News AdjustersCatastrophesClaims ProfessionalsInsurersLoss ControlLoss TrendsPersonal Home

One cheap way for cities to reduce basement flood risk

June 11, 2020 by Greg Meckbach

The Intact Centre on Climate Adaptation is encouraging Canadian municipalities to follow the example of Nova Scotia municipalities that are distributing basement flood prevention tips to property owners with their tax bill. Starting Friday June 12, both the town and

News Loss TrendsPersonal Auto

What surprises Intact about recent driving habits

May 11, 2020 by Greg Meckbach

Canada’s largest property and casualty carrier observed a 50% drop after the middle of March in the distance driven by its auto clients, but the insurer’s usage-based telematics data suggest driving has started to pick up in recent weeks at

News Loss TrendsManagementOperations

The opportunity insurers are missing as COVID-19 cancels events

April 24, 2020 by Jason Contant

As large sporting and entertainment events get cancelled across Canada and the world as a result of COVID-19, the insurance implications affect not only event organizers themselves, but also promotional partners, licensees and businesses involved in merchandising. While event organizers

Feature B.C.LegalLoss TrendsPersonal Auto

B.C.’s move to no-fault

April 8, 2020 by Jason Contant, Online Editor

What the province’s changes to auto insurance mean for drivers, brokers, and the legal system

Feature Business InterruptionCommercialEmerging RisksLoss ControlLoss TrendsRisk Managers

Business, interrupted

April 3, 2020 by Brooke Smith, Freelance Writer

Businesses can lose revenue in any number of ways. Increasingly, they can be shut down for political risks that are beyond the company’s control. Examples of emerging business interruption risks include trade wars, armed conflicts, or political protests. As businesses