Canadian Underwriter

Topic Property

B.C. wildfires
News CatastrophesClaimsLoss TrendsPersonal HomeProperty

Insurance Bureau reacts to federal election results

September 22, 2021 by Greg Meckbach

Canada’s new government needs to focus on climate adaptation, says the industry’s association of property and casualty insurers. “After an unprecedented year of heat and wildfires across much of Canada, climate adaptation must receive more attention in the coming months

News ClaimsPropertyQuebec

Fire breaks out at lumber-drying facility southeast of Quebec City

September 20, 2021 by The Canadian Press

BEAUCEVILLE, Que. – Quebec provincial police say eight people were injured in an early morning fire at a lumber-drying facility southeast of Quebec City. Provincial police say they received 911 calls around 7:30 a.m. for a fire at the company

Quadcopter drone with 4K video camera flying in the air
News AdjustersCatastrophesClaimsClaims ProfessionalsClaims TechnologyCommercialInsurersProperty

Flying high: Drone use in insurance

September 16, 2021 by Brooke Smith

By 2022, 2.85 million small drones will be flying the friendly skies, according to projections by the Federal Aviation Administration. Our numbers are nowhere near as high. According to Transport Canada, as of Aug. 31, 63,200 drones were registered in

Contractor on ladder with cell phone figuring out hail damage repair costs for customer.
News CatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsConstructionLoss TrendsPersonal HomeProperty

Why Intact CEO predicts more rate increases for homeowners

September 16, 2021 by Greg Meckbach

Despite a significant industry-wide drop, over three years, in home insurance loss ratios, the CEO of Canada’s biggest carrier is predicting rate increases. “In home insurance, our perspective is that we will see a mid- to upper-single-digit rate increase environment,”

News AdjustersBrokersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsNewfoundland & LabradorPersonal HomeProperty

Will Hurricane Larry meet the cat threshold?

September 14, 2021 by Greg Meckbach

Losses to Canadian clients, from Hurricane Larry, seem to be comprised mainly of wind damage to residential property on Newfoundland Avalon’s peninsula, according to reports from adjusters so far. Hurricane Larry, which originated in the North Atlantic Ocean, passed by

News ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialInsurersLegalLoss TrendsOntarioPropertyRisk Managers

Appeal court quashes ruling that ‘resulting physical damage’ can mean ‘loss of use’

September 13, 2021 by Greg Meckbach

Your commercial client could get business interruption coverage if they can no longer “use” their property, but only if the policy wording actually says so, a Court of Appeal for Ontario panel suggests. MDS Inc. v. Factory Mutual Insurance Company,

The roof of Mary Queen of Peace elementary school was torn off after Hurricane Larry crossed over Newfoundland's Avalon Peninsula in the early morning hours, in St. John's, Saturday, Sept. 11, 2021. THE CANADIAN PRESS/Paul Daly
News AdjustersBrokersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsCommercialInsurersLoss TrendsNewfoundland & LabradorPersonal HomeProperty

What we know so far about Canadian Hurricane Larry claims

September 12, 2021 by Greg Meckbach

Kent Rowe cannot remember winds as bad as they were this past weekend in the Newfoundland and Labrador capital. “We saw gusts here in St. John’s of up to 145 kilometres an hour that lasted for about five or six

News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsLoss TrendsNewfoundland & LabradorPersonal HomeProperty

Hurricane Larry makes landfall in eastern Newfoundland

September 11, 2021 by THE CANADIAN PRESS

ST. JOHN’S, N.L. – Hurricane Larry made landfall as a Category 1 storm in eastern Newfoundland, arriving near South East Bight around midnight local time, according to the National Hurricane Centre in Miami. The storm crashed inland on the western

News CatastrophesClaimsNewfoundland & LabradorPersonal HomeProperty

Hurricane Larry has arrived at this Canadian location

September 10, 2021 by Greg Meckbach

Hurricane Larry reached Placentia Bay, Nfld. shortly before midnight Friday night. Environment Canada warned southeastern Newfoundland residents Friday that high winds could topple trees, leading to downed power lines. At 11:57 p.m. Atlantic time (12:27 a.m. local time), the center

News CatastrophesClaimsNewfoundland & LabradorProperty

Where Hurricane Larry is forecast to make landfall in Canada

September 9, 2021 by Greg Meckbach

Flooding could affect property clients Sept. 10 in the Placentia Bay area of Newfoundland, as winds off the coast may reach 130 kilometres per hour and some areas could get about 50 millimetres of rain. “Hurricane Larry is expected to

News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialLegalLiabilityLoss TrendsPersonal HomePropertySupply Chain

Why this strata unit owner does not have to pay for common area damage

September 9, 2021 by Greg Meckbach

A British Columbia condo corporation that charged a unit owner $25,000 for common property repairs has been ordered to reverse $15,000 of the charge. Claire Adamson owns a strata unit which she rents out. Adamson lives at a different address.

News AlbertaBusiness InterruptionCatastrophesClaimsClaims ProfessionalsEmerging RisksPersonal AutoPersonal HomePropertyRisk Managers

How the hail peril is changing

September 8, 2021 by Jason Contant

Once confined mostly to “hail alley” regions such as south and central Alberta, Texas and Colorado, hailstorms are now doing damage across North America in plenty of regions considered low-risk, says a new white paper from RIMS, the risk management