DELTA, B.C. – The Burns Bog fire southeast of Vancouver was 10 per cent contained Monday morning, with crews hoping to fully contain the flames by the end of the day. Chief Dan Copeland of the Delta Fire Department said…
A recent decision by a British Columbia court makes clear that strict compliance with the replacement cost endorsement is expected. The requirement to replace with “due diligence and dispatch” remains, even if the insurer has denied coverage for the loss and even if that denial is later overturned in the insured’s favour.
Flooding in British Columbia’s Peace Region is affecting provincial highways, resulting in the closure of Highway 97 between McKenzie Junction and Chetwynd and at Rolla Road between Highway 49 and Highway 2. An information bulletin issued Thursday afternoon by B.C.’s…
The province of British Columbia announced on Monday its latest funding toward a flood mitigation project – $1.6 million for flood-protecting dikes in the City of North Vancouver and the District of North Vancouver that will help protect a business…
Verisk Insurance Solutions announced on Thursday that it is expanding its FireLine wildfire risk management service to include the provinces of Alberta and British Columbia. FireLine, which is well-established in the western United States, enables property-specific assessment of wildfire risk…
The Canadian branch of Great American Insurance Company is offering consumers coverage intended to supplement federal Employment Insurance benefits through brokerage BFL Canada Risk and Insurance Services Inc., BFL announced Thursday. BFL is selling the Great American coverage, dubbed SalaryGuard,…
Canada can learn from the earthquake experience and loss elsewhere. Brokers in British Columbia are heartened by growing government support around prevention and recovery, but believe a shift from post-event disaster funding to securing funding sources before an event occurs will only help to further enhance resilience and reduce losses.