Canadian Underwriter

Economical Insurance

Image 2 - 100-year flood footprint for Alberta
News CatastrophesInsuranceMergers and Aqcuisitions

Economical Insurance to launch overland flood coverage in 2016

May 1, 2016 Greg Meckbach, Associate Editor

Economical Insurance of Waterloo, Ont plans to launch a property insurance product that covers overland flooding this year, a company official told industry professionals Friday. “We are really looking forward at Economical to launching our overland flood coverage later this

News CatastrophesInsuranceLegislation / RegulationMergers and Aqcuisitions

‘Fair amount of uncertainty’ of financial impact of Canadian earthquakes: OSFI deputy superintendent

April 14, 2016 Greg Meckbach, Associate Editor

The financial risk  from an earthquake in Quebec is “a lot bigger than maybe people think,” a Munich Re Canada executive suggested Wednesday, while the head of Aon Benfield Canada suggested Canadians on the west coast “may be” underinsured for

Feature LegalMergers and Aqcuisitions

Family Rules

April 1, 2016 Mike Adlem, Chair, Insurance & Professional Liability Practice Group, Gowling WLG (Canada) LLP

The Supreme Court of British Columbia, in reviewing a typical family exclusion contained in homeowner policies, took the rare step of drafting an exclusion that would have been effective in the case at issue. The court’s views and language should be of interest to all underwriters of Canadian homeowner policies.