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Aviva just embedded earthquake coverage into B.C. home policies. Quebec could be next.

April 12, 2018 by Jason Contant

Aviva Canada is embedding earthquake coverage in all of its homeowner and tenant insurance policies in British Columbia, coverage that is typically offered as an endorsement. The insurer is also conducting a needs analysis to determine if it will introduce the

News CatastrophesInsurance

New method can predict where lightning will spark wildfires

March 12, 2018 THE CANADIAN PRESS

CALGARY – Apparently lightning can strike the same place twice after all. A study by researchers at the University of Calgary’s Schulich School of Engineering suggests it’s possible to predict where lightning will strike and how often. They say satellite

News Technology

B.C. to upgrade red light cameras to catch speeders at crash-prone intersections

March 9, 2018 The Canadian Press

VICTORIA – Red light cameras are being upgraded around British Columbia to help identify vehicles speeding through intersections. The provincial government says the new technology will be installed on cameras at intersections where there are a high number of speed-related

News ClaimsInsuranceLegislation / Regulation

How British Columbia will handle auto accident benefit disputes

February 14, 2018 Greg Meckbach, Associate Editor

A new dispute resolution system for auto insurance in British Columbia will probably focus both on first-party accident benefit disputes and resolving claims from minor injuries, but the details have yet to be worked out, a spokesperson for the province’s

News InsuranceMarkets / Coverages

Let the private market compete in British Columbia: IBC

January 31, 2018 by Greg Meckbach

Insurance Corporation of British Columbia’s monopoly should end, Insurance Bureau of Canada said this week, but the province’s attorney general contends that competition will not result in lower premiums for B.C. vehicle owners. Opening up auto insurance to competition “does

News LegalMarkets / Coverages

Home inspector out $13,000 for leaky foundation advice

January 25, 2018 by Greg Meckbach

A home inspector was successfully sued for more than $13,000 in British Columbia for not advising buyers of a leaking Chilliwack home to fix foundation cracks. In a ruling released Monday, Provincial Court of British Columbia Justice Kenneth Skilnick ruled

News InsuranceMarkets / Coverages

What if the Alaskan earthquake happened in Canada?

January 24, 2018 by Jason Contant

A recent earthquake off the coast of Alaska, which prompted a brief tsunami warning for British Columbia, resulted in no immediate reports of damage — but what if it did strike Canada’s westernmost province? A 2013 study by catastrophe modelling

News Insurance

Tsunami fears send people in B.C. to higher ground

January 23, 2018 Terri Theodore and Beth Leighton - THE CANADIAN PRESS

VANCOUVER – A tsunami warning issued for coastal British Columbia was cancelled Tuesday morning after people living along parts of the province’s coast evacuated to higher ground when a powerful earthquake struck off Alaska. Residents in some coastal communities were

News CatastrophesClimate ChangeInsuranceMarkets / CoveragesReinsurance

Insurers, society face irreversible climate change: reinsurance board exec

December 19, 2017 Greg Meckbach, Associate Editor

Wildfires that hit British Columbia earlier this year and that continue to affect California are among the effects of climate change, says Karen Gavan, former CEO of Waterloo, Ont.-based Economical Insurance. “Literally California has been burning all fall,” said Gavan,

News InsuranceLegislation / RegulationTechnology

Industry encouraged to offer discount for using cellphone blockers

December 11, 2017 Greg Meckbach, Associate Editor

Vehicle owners who install smart phone-blocking apps should get a break on insurance rates, some industry groups contend. British Columbia’s government-owned auto insurer says it will roll out telematics devices designed to block drivers from using their wireless phones on

Feature Catastrophes

Burning Questions

December 11, 2017 Angela Stelmakowich, Editor

What is needed to create enhanced focus and kick-start more action with regard to the wildfire peril in Canada? Approaches deserving of a look (or a closer look) range from improving stakeholder understanding of the potential related losses to rethinking how the peril needs to be modelled and addressed within insurance policies.

News InsuranceLegalMarkets / Coverages

Are you covered for giant boulder damage? Not if the Earth moves…

December 7, 2017 by Canadian Underwriter

Residents in certain parts of British Columbia may be used to evacuations from wildfires, but how about evacuations due to giant boulders? The Canadian Press reported earlier this week that eight properties in the province’s Fraser Valley, including five homes,