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Separate hailstorms bring 2,500 claims to date

August 4, 2021 by Jason Contant

Two hailstorms in late July have resulted in about 2,500 property and auto claims to date, a spokesman for Saskatchewan Government Insurance (SGI) told Canadian Underwriter Tuesday. The storms ripped through Saskatchewan on July 22-23 and July 27-28. The larger

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Personal auto renewal rates continue downward trend, but homeowners’ rates up: Applied

July 30, 2021 by Jason Contant

Average personal auto premium renewal rates in Canada continued their downward trend in the second quarter of 2021, while personal property (homeowners) renewal rates remained up over the same period, according to Applied Systems’ latest premium rate index. In Q2

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Why avid cottagers should consider standalone coverage

July 29, 2021 by Canadian Underwriter

Avid cottage enthusiasts may benefit from some of the “bells and whistles” offered in a standalone policy, as opposed to simply attaching their recreational homes to existing homeowner policies, according to a lifestyle insurance expert at Aviva Canada. Benefits of

News AlbertaB.C.InsurersLoss ControlLoss TrendsOntarioPersonal Home

Home insurance rates dropping but no reprieve for condo owners

July 28, 2021 by Jason Contant

Personal property premiums were a mixed bag in the first quarter of 2021, with insurance for condo owners continuing to rise, but home insurance rates trending down, according to a new report from LowestRates.ca released Tuesday. Year-over-year, home insurance premiums

News BrokersInsurersManagementOperationsPersonal AutoPersonal HomeTechnology

The impact of Gore Mutual’s new operating model

July 26, 2021 by Greg Meckbach

Gore Mutual has gone live with technology that lets the carrier bind policies for brokers, in minutes in some cases. The Cambridge, Ont.-based property and casualty insurer “has completely changed the operating model for personal lines,” CEO Andy Taylor said

Firefighting helicopter
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Ontario seeing more and larger wildfires this year, officials say

July 26, 2021 by Allison Jones - THE CANADIAN PRESS

The number and size of wildfires in northern Ontario this year are substantially higher than average, and have forced thousands of people to flee First Nations communities, the government said Monday. This year there have been 902 wildfires so far,

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsLegalLiabilityLoss ControlLoss TrendsPersonal HomeProperty

Why your clients should do an inspection before buying a home

July 21, 2021 by Greg Meckbach

A couple who discovered a leaking bathtub after moving into their new home cannot get compensation from the sellers. A “reasonable inspection” would have revealed a water problem before Tyler and Keva Luscombe bought their home in 2020, the British

News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsConstructionInsurersLoss TrendsOntarioPersonal AutoPersonal HomeProperty

Get ready for hundreds of claims from Barrie twister

July 21, 2021 by Greg Meckbach

The industry will probably see well over 200 claims from the July 15 tornado that hit Barrie, Ont., says a wind damage expert who has looked at the affected area. “I expect the total number of damaged houses was about

Wildfires in B.C.
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Hundreds more ordered out of their homes in B.C. by threatening wildfires

July 21, 2021 by The Canadian Press

Hundreds more British Columbians have joined the thousands already forced from their homes by wildfires as several local governments ordered residents to get out Tuesday night ahead of nearby blazes. The Regional District of Kootenay Boundary declared a local state

News AdjustersB.C.BrokersClaimsClaims Canada ArchiveClaims ProfessionalsEducationInsurersLegalManagementPersonal HomeProperty

The legal pitfalls of online and over-the-phone insurance applications

July 20, 2021 by Greg Meckbach

A property insurer can be stuck paying out on a claim even though the client made a “material omission” on their insurance application, but the industry can mitigate this risk by being especially careful when taking applications over the phone

News ClaimsClaims TechnologyInsurersPersonal AutoPersonal HomeTechnology

Look for AI to “hyper-personalize” customer experience in 3-5 years: Aviva exec

July 20, 2021 by David Gambrill

Hyper-personalization of customer experience in three to five years’ time is a big reason why the property and casualty insurance industry is ramping up the use of artificial intelligence and machine learning now, an Aviva Canada tech executive suggests. “I

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
News AlbertaCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLoss ControlLoss TrendsOntarioPersonal HomeProperty

Why your clients may not have the high ground on overland flood risk

July 19, 2021 by Greg Meckbach

Many homeowners opt not to buy overland flood coverage and this could leave them uninsured in the event of a severe rain storm. “Overland flooding is any water that comes into your house through the windows or door or anything