Topic Property
What brokers should consider with seasonal properties during COVID
August 21, 2020 by Greg MeckbachIf any of your clients own cottages or seasonal properties with no one living there overnight permanently, you might want to find out if the COVID-19 pandemic has changed the way those properties are used. Robertson Insurance Brokers Ltd. has…
The world’s biggest waves: How climate change could trigger large landslides and ‘mega tsunamis’
August 20, 2020 by Ryan P. Mulligan, Associate Professor of Civil Engineering, Queen's University, Ontario and Andy Take, Professor, Department of Civil Engineering, Queen's University, Ontario - THE CANADIAN PRESSThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Ryan P. Mulligan, Associate Professor of Civil Engineering, Queen’s University,…
Hundreds evacuated, thousands on notice as wildfire flares in southern B.C.
August 19, 2020 by The Canadian PressPENTICTON, B.C. – British Columbia’s unusually quiet wildfire season ended abruptly as a fire flared in the southern Okanagan, forcing hundreds from their homes. Smoke from the blaze, above Skaha Lake near Penticton, was first spotted Tuesday afternoon and by…
Wildfire risk is elevated this year. Why the pandemic made it worse
August 7, 2020 by Adam MalikThe central and Pacific coast of British Columbia could see an increased risk of wildfires this year, a new report predicts. And COVID-19 restrictions could make the risk higher, Allianz Global Corporate & Specialty warned in its 2020 Wildfire Report,…
Isaias downgraded from tropical storm as it blows through Quebec
August 5, 2020 by The Canadian PressMONTREAL — Environment Canada says Isaias has been downgraded from a tropical storm, but tens of thousands of people across southern Quebec are still in the dark due to power outages it caused. The agency says maximum sustained winds now…
How high cat losses could go this year
August 4, 2020 by Adam MalikAlberta has become the epicentre for cat losses this year as combined insured damage could reach, if not exceed, $2 billion in the province alone after multiple natural catastrophes have hit various regions over a four-month span. The calculations come…
Tropical storm Isaias expected to bring heavy rain, wind gusts to eastern Canada
August 4, 2020 by THE CANADIAN PRESSHALIFAX – A tropical storm that has lashed parts of the eastern United States should be diminished in strength by the time it reaches eastern Canada, the Canadian Hurricane Centre says. Centre forecaster Chris Fogarty said that Isaias was on…
Who’s getting funding for new research in wildfire prediction, responses
July 31, 2020 by THE CANADIAN PRESSKAMLOOPS, B.C. – A university located in the heart of one of British Columbia’s most volatile forest fire regions will lead new research in wildfire prediction, prevention and response. Thompson Rivers University in Kamloops was chosen for the research that…
How B.C. adjusters are preparing for major earthquake
July 29, 2020 by Greg MeckbachWhen the next huge earthquake hits British Columbia, some independent adjusting firms may temporarily re-locate offices inland, perhaps even as far east as Alberta. Kernaghan Adjusters is aiming to be “up and running fairly quickly if we get into an…
Why Travelers is confident it does not have to cover many COVID-19 business interruption losses
July 28, 2020 by Greg MeckbachThe Travelers Companies Inc. will have to spend money defending itself in business interruption coverage lawsuits arising from the pandemic, but officials with the New York City-based insurer do not expect it will actually have to pay out on many…
Northbridge’s advice to restaurants upon re-opening
July 23, 2020 by Greg MeckbachAs restaurants in much of Ontario re-open July 24, a major commercial insurer is warning companies to train their staff carefully. “Servers should bring items such as glasses, cutlery, and single-serve condiments to the table only after the party is…
Toronto mayor says masking bylaw possible if apartment buildings don’t comply
July 23, 2020 by Jake Kivanc - THE CANADIAN PRESSToronto Mayor John Tory said he’s prepared to extend the city’s mandatory masking order to shared spaces inside apartment and condominium buildings if management companies refuse to do it voluntarily. Current mandatory masking bylaws in cities such as Toronto apply…