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Public reaction to insurers ‘could get ugly’ after Calgary hail storm: Broker
June 25, 2020 by Greg MeckbachThe 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.…
Auto total loss claims escalate after Calgary hail storm: IBC
June 24, 2020 by Greg MeckbachThe industry is expecting well over 20,000 claims from the recent Alberta hail storm, and some vehicles were wrecked badly enough that they have to be written off, the Insurance Bureau of Canada reports. “We are hearing from several consumers…
How pandemic could complicate claims adjusting after Alberta hail storm
June 22, 2020 by Greg MeckbachThe COVID-19 pandemic could complicate the movement of adjusters if help is needed from south of the border to deal with the aftermath of the recent southern Alberta storm. “I think customers by and large are recognizing that it’s complicated…
Hot line: Why residential fire frequency is up
June 16, 2020 by Greg MeckbachThe surge in people working from home has brought an increase in home cooking fires, risk and insurance professionals observe. “You are seeing a spike in residential fires in condos and rental units because people are at home more and…
One cheap way for cities to reduce basement flood risk
June 11, 2020 by Greg MeckbachThe 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…
How to make tenant insurance applications more user-friendly
June 10, 2020 by Greg MeckbachIf you think it is easy for clients to apply for tenant insurance, you might want to consider how much trivia those tenants actually know about the property they occupy. “Every insurance application has questions that aren’t user-friendly and they…
The upside for Intact of getting into the property restoration business
May 20, 2020 by Greg MeckbachIf Intact Financial Corporation CEO Charles Brindamour had his way, Intact would be as big in property restoration as it is in the brokerage business. Brokerlink currently has more than 140 brokerage offices and 2,000 employees, and Intact is closing…