Keyword
flood
Your client is house-sitting when a pipe bursts on their watch. Are they liable for damages?
March 22, 2018 by Greg MeckbachIs your client looking after someone’s home? Be careful: a man describing himself as a “voluntary house-sitter” is now a defendant in a lawsuit arising from a flooded home. The plaintiffs, Jiang Wei and Xiu Qing Hu, filed a lawsuit…
Province working on technology to ease damage in flood season
March 5, 2018 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Flood forecasters in New Brunswick are using new technology to track snow loads and ice movement, hoping more information leads to less damage. Jasmin Boisvert, a water services specialist with the Department of Environment and Local Government, says…
Ontario flooding a “wakeup call” for homeowners to check their policies: IBC
February 27, 2018 by Greg MeckbachOngoing flooding issues in southern Ontario are a “wakeup call” that homeowners should be reviewing their water damage coverage, Insurance Bureau of Canada (IBC) cautions. Several communities, including Brantford, Chatham and London, experienced flooding due to mild temperatures and several…
Court closes door on homeowner plan to build a basement walkout below a flood line
February 22, 2018 Greg Meckbach, Associate EditorA Grande Prairie, Alta.-area property owner who installed a basement door below the one-in-100-year flood line should replace it with a window above the flood line, the Alberta Court of Appeal has ruled, upholding efforts by the municipality to stop…
How to start a kitchen flood claim with the wave of a paw
February 7, 2018 by Jason ContantFancy kitchen faucets that start and stop with a wave of the hand–or a feline paw–have contributed to some curious flood claims. In his presentation about appliance fires and flood claims, Mazen Habash, president of forensic engineering firm Origin and…
Industry seeks government help to deal with homes in high-risk flood areas
February 1, 2018 by David GambrillCanadian property and casualty insurers cannot be the sole financial backstop for homeowners who build their homes in high-risk flood areas, a senior industry executive told a catastrophe risk conference in Ottawa. “We have to resolve the issue of high-risk…
Insurers urged to share cat models to help map flood risk
February 1, 2018 by David GambrillCatastrophe models that Canadian insurers use to predict flood damage should be open-sourced, free and accessible to everyone, says the chief executive of an open source cat modelling platform. A common theme at the C4 conference in Ottawa, organized by…
The Costly Future of Claims
January 26, 2018 David Gambrill, Editor-in-ChiefOops, the industry did it again. In 2017, Canada’s property and casualty insurance industry paid out a total of $1.33 billion in insured losses following catastrophic events primarily related to climate change. It’s the fifth time over the past seven…
Message from the President
December 19, 2017 Monica Kuzyk, President, Canadian Independent Adjusters’ AssociationImagine the evacuation order has been issued, and you have an hour to gather your family, emergency supplies and head to a designated safety zone or an evacuation centre. What do you take when your life is disrupted? For many…
Marketplace should set minimum standards for flood cover: CEO
December 12, 2017 David Gambrill, Editor-in-ChiefMinimum standards should be established for overland flood coverage offered by Canadian property and casualty insurers, an industry executive told Canadian Underwriter. Offering his personal perspective, Alain Thibault, chairman, president and CEO of the Canadian Association of Direct Relationship Insurers…
The curious case of who pays for a building flood claim
November 28, 2017 Greg Meckbach, Associate EditorA negligence lawsuit after a flood—against a company in charge of watching building automation systems—was recently tossed out of court because of the terms of the lease agreement. A plumbing firm paid settlements to tenants after a building flood, and…
‘Different financial model’ needed for flood coverage: IBC
November 14, 2017 Greg Meckbach, Associate EditorThe National Roundtable on Flood Risk, scheduled Thursday in Regina, presents a “terrific opportunity launch a national conversation on flood risk,” said Craig Stewart, vice president of federal affairs for Insurance Bureau of Canada. Along with IBC president and CEO…