Keyword
contractor
How this tech is speeding up the property restoration claims process
March 2, 2023 by Alyssa DiSabatinoOne B.C-based startup is mobilizing the often tedious property restoration management process for adjusters and contractors through a smartphone app. RocketPlan founder and CEO Joe Tolzmann experienced the inefficiency of the restoration claims process first-hand during his time in the…
Why Northbridge doesn’t have to pay a $1.8-million default judgement against its insured
November 2, 2020 by David GambrillAn Ontario property developer owed approximately $1.8 million by its contractor has failed in its bid to recover the money from the contractor’s insurer, the main reason being that it took nine years to notify the insurer of the claim.…
CSIO finalizes standard set of questions for underwriting this commercial line
November 19, 2019 by Jason ContantThe Centre for Study of Insurance Operations’ (CSIO) commercial lines working group has finalized a standard set of questions required for underwriting small contractor new business submissions. “This is a significant step in implementing commercial lines data standards in the…
Claims professionals speak out amid allegations of contractors providing insurance advice
June 21, 2018 by Jason ContantOntario and Quebec’s May 4 windstorm event has the Canadian claims industry talking about the proper roles of contractors and adjusters, based on unconfirmed reports that individual rogue contractors – e.g. not people associated with the larger restoration contracting firms –…
Strata’s ‘quick fix’ repair doesn’t have to be perfect: tribunal
January 11, 2018 by Greg MeckbachA British Columbia strata corporation is not negligent in attempting to fix a leaking skylight by re-caulking instead of replacing it, even though the skylight started leaking later, the province’s civil resolution tribunal found in a ruling released Tuesday. Karen…
Late payments a ‘threat to the viability’ of small construction business: MPP
October 5, 2017 by Canadian UnderwriterSmall businesses in the construction industry face “undue risk” of not being paid in a timely manner, a member of the opposition Progressive Conservative party suggested to the Ontario legislature Tuesday. With late payments to construction contractors, “the issue is…
Legislation would mandate surety bonds on public sector construction projects in Ontario
September 13, 2017 by Canadian UnderwriterSurety bonds written by licensed insurers will be mandatory for certain public construction projects in Ontario if a bill tabled Tuesday is passed into law. Bill 142, if passed into law, will “require surety bonds to be posted on public…
Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court
August 14, 2017 by Canadian UnderwriterThe Supreme Court of Canada will not be hearing an appeal from an Edmonton shopping mall owner, whose award – of more than $500,000 against insurers, arising from a disputed claim involving building code upgrades – was reversed on appeal.…
Approved Surety & Casualty launches program to enhance contractor bonding limit
June 12, 2017 by Canadian UnderwriterToronto-based Approved Surety & Casualty Inc. announced on Monday that is has launched a capital disbursement program for brokers to enhance contractor bonding limit. “Approved Capital is a capital disbursement program for brokers that will allow their contractor clients to…
Opta Information Intelligence launches iClarify Farm Solution for Canadian insurance marketplace
April 19, 2017 by Canadian UnderwriterOpta Information Intelligence has announced the expansion of its suite of services to the Canadian property and casualty (P&C) insurance industry with the launch of iClarify Farm Solution. Markham, Ont.-headquartered Opta, creator of iClarify and Peril Score analytic solutions, announced…
Ten charges laid in oil spill that fouled English Bay beaches in Vancouver
March 30, 2017 Laura Kane - THE CANADIAN PRESSVANCOUVER – Charges have been laid against the owners of the MV Marathassa nearly two years after a leak of bunker fuel onto the beaches of English Bay in Vancouver, but the company is trying to scuttle the proceedings. Documents…