Canadian Underwriter


Damage after a load fell from a crane in Vancouver
News ClaimsClaims CanadaCommercial LinesConstructionInsurance

Crane accidents ‘a huge concern’ after fourth incident in Metro Vancouver

March 6, 2024 Chuck Chiang and Brenna Owen – The Canadian Press

In 30 years of working in construction, Josh Towsley says this is a first, after Metro Vancouver saw its fourth crane accident since the start of the year. “I’ve been involved in construction since I was 19 years old …

Removing an old fuel storage tank from a contaminated building site
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Why strong housing markets have builders tweaking their insurance

September 14, 2023 Philip Porado

Booming real estate markets in many Canadian cities have top-tier developers considering building sites they might previously have written off. “Here in Toronto, we know the city was heavily industrialized with old manufacturers that were there 100 years before going

Construction site with heavy machinery and trucks
News BrokersInsurance

How NFP’s updating construction and infrastructure operations

September 7, 2023 Philip Porado

Property and casualty broker NFP announced it will integrate its surety practice into its Construction & Infrastructure (C&I) group, which supports companies in the construction space. These changes impact operations worldwide, including Canada, NFP said. “Surety plays a vital role

Excavator working at garbage dump.
News ClaimsCommercial LinesConstructionInsuranceLegal

Court sides with Trisura in $475K construction bond case

March 22, 2023 by David Gambrill

Trisura has successfully defended a $475,000-plus claim against it after a B.C. court found a construction subcontractor couldn’t prove it had a formal contract with the principal contractor named in Trisura’s labour and materials (L&M) payment bond. “I…do not accept

The Coastal GasLink pipeline under construction.
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Unexpected construction issues, rising labour costs increase pipeline cost to $14.5 billion

February 1, 2023 Amanda Stephenson - THE CANADIAN PRESS

CALGARY – The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs. Calgary-based TC Energy

News Insurance

Paid Water IoT: A game-changing water monitoring technology for high-rise construction projects

October 1, 2022 Northbridge General Insurance Corporation

In the insurance world, it’s often said that ‘water’ is the new ‘fire.’ And the new normal for annual catastrophic losses related to water damage is around $2 billion, according to the Insurance Bureau of Canada (IBC). But the problem

Employees working on construction site,
News ClaimsClaims CanadaConstructionEngineeringInsuranceLegalRestoration

One key difference between a builders’ risk policy and a liability policy

August 30, 2022 by David Gambrill

Starr Insurance & Reinsurance Limited does not have to defend its insured in a Quebec construction case, because its builders’ risk policy is essentially a property policy, not a liability policy, Quebec’s Superior Court has ruled. In construction, a builders’

Top View of Architects and Engineer Workers With Blueprints discussing at a construction site
News ClaimsCommercial LinesConstructionInsuranceLegal

Trial required to assess Zurich’s right to rescind surety bonds: Appeal Court

August 25, 2022 by David Gambrill

As a matter of legal principle, Zurich can rescind performance and payments surety bonds based on fraud or misrepresentation, even if that would affect the rights of innocent third parties in a construction dispute, Ontario’s Court for Appeal has ruled.

Multi-level highway through a mountain canyon.
News ClaimsConstructionInsuranceLegal

Court orders Travelers to defend “your work” exclusion case in Quebec

August 17, 2022 by David Gambrill

Quebec’s Court of Appeal has rejected Traveler’s challenge of a Wellington-style motion that requires the insurer to defend a construction contractor in a “your work” exclusion case against Quebec’s attorney general. The appeal court also rejected Tuesday Traveler’s motion to

Small business closed due to COVID-19
News Insurance

Why the pandemic hit these Canadian sectors particularly hard

August 16, 2022 by Jason Contant

Hospitality was the sector hardest hit by the pandemic in Canada, but that industry was already challenged with access to capacity prior to both the pandemic and the current hard market, Deloitte said in a recent report. The impacts of

Road workers repairing the road in a construction zone
News Insurance

Two dead, 10 injured in multi-vehicle crash on highway south of Montreal

July 21, 2022 The Canadian Press

BROSSARD, Que. – Quebec provincial police say two people are dead and 10 injured after a multi-vehicle crash Tuesday night on Highway 30, south of Montreal. Police say the driver of a truck allegedly did not slow down when approaching

Damage following the Barrie tornado in July 2021
News Insurance

The cheaper we build our buildings, the more they cost after an earthquake, wildfire or tornado

June 17, 2022 Keith Porter

By Keith Porter, adjunct research professor, civil and environmental engineering, Western University 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