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What’s New: In Brief (March 25, 2009)


March 25, 2009   by Canadian Underwriter


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Insurance Bureau of Canada is reminding Manitoba homeowners that damage caused by overland flooding is not covered by insurance, in light of recent forecasts calling for above average spring run-off.
“With indications that a flood of a 1979 magnitude is likely along the Red River in Manitoba, it’s important for homeowners to make sure the spring thaw won’t put their properties in danger,” Lindsay Olson, vice president of British Columbia, Saskatchewan and Manitoba IBC, said in a release.
The provincial and municipal governments have made significant investments in flood protection and awareness to minimize damage caused by flooding. In January 2009, Manitoba Water Stewardship updated its flood emergency action guidelines in anticipation of this year’s flooding. Sandbags and evacuation plans are ready, and planning is underway for closing certain highways and roads as water levels rise.

Brokers can now download Lombard Canada Ltd.’s Business Choice renewal policy directly into Keal Technology’s commercial management system (CMS), comXPTM, using Commercial LINCQ.
The commercial integration product is the first of its kind in Canada, according to a Keal Technology release.
The integration eliminates duplicate entry allowing brokers more time to focus on customer service and growing business, the release say.


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