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Adjusting Calgary’s hailstorm: The rationale for bringing in U.S. Cat adjusters

August 28, 2020 by Greg Meckbach

During the hail storm this past June that damaged tens of thousands of Alberta homes, adjusting firm CRU Group struggled to find enough qualified independent catastrophe adjusters in Canada, and wound up resorting to bringing in people from the United

News BrokersEducationInsurersLoss ControlPersonal HomeProperty

What brokers can do more of to help their clients protect against flood risk

August 27, 2020 by David Gambrill

Canadians understand that flood damage has increased, but they don’t necessarily know to protect their homes against it, according to joint research conducted by RSA Canada and World Wildlife Fund (WWF) Canada. The research suggests an opportunity for Canadian P&C

News BrokersClaimsCommercialConstructionInsurersProperty

How your advice can help flood-proof future real estate development

August 26, 2020 by Adam Malik

There’s not enough collaboration between stakeholders in Canada’s real estate sector and risk professionals with information about natural hazards, and real estate investments could drown as a result, an expert warned. If real estate is constantly being exposed to damage

News CommercialInsurersLoss ControlLoss TrendsMGAsOperationsPropertyRisk Managers

The impact of MGAs getting more business

August 25, 2020 by Greg Meckbach

It is taking longer to get insurance placed through managing general agents because MGAs are getting more business in the hard market, one Ontario broker suggests. Many commercial accounts, which previously would have been handled by retail brokers, are now

News AdjustersCatastrophesClaimsClaims ProfessionalsInsurersOpinionProperty

CU webinar: Claims experts discuss how to adjust increasing number of NatCats

August 25, 2020 by David Gambrill

In an era when $1-billion claims events have become commonplace, Canadian claims executives are turning their minds to how to adjust natural disasters that follow closely upon the heels of one another. Canadian Underwriter will be bringing the discussion to

News ClaimsManitobaPersonal AutoProperty

Survivor recalls deadly Manitoba tornado hitting Jeep

August 24, 2020 by The Canadian Press

VIRDEN, Man. – James Blacksmith closes his eyes and goes back to the moment he saw a pine tree viciously uprooted from the earth and topple onto his Jeep’s roof. Within seconds, the windows burst from the force of a

News BrokersPersonal HomePropertyTrusted Advisor

What brokers should consider with seasonal properties during COVID

August 21, 2020 by Greg Meckbach

If 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

News B.C.CatastrophesClaimsProperty

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 PRESS

This 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,

News B.C.ClaimsPersonal HomeProperty

Hundreds evacuated, thousands on notice as wildfire flares in southern B.C.

August 19, 2020 by The Canadian Press

PENTICTON, 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

News AdjustersAlbertaB.C.BrokersClaimsCommercialManitobaPersonal HomePropertySaskatchewan

Wildfire risk is elevated this year. Why the pandemic made it worse

August 7, 2020 by Adam Malik

The 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,

News ClaimsPropertyQuebec

Isaias downgraded from tropical storm as it blows through Quebec

August 5, 2020 by The Canadian Press

MONTREAL — 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

News AdjustersAlbertaB.C.CatastrophesClaimsInsurersOntarioPersonal AutoPersonal HomePropertyQuebecTrending

How high cat losses could go this year

August 4, 2020 by Adam Malik

Alberta 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