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Standard would help enhance flood resilience of new communities: report

September 26, 2017 by Angela Stelmakowich

Research out of the University of Waterloo recommends a Canadian standard for new flood-resilient residential communities, one that employs almost two dozen best practices, be developed to bolster protection and reduce water-related losses. Requiring that new homes not be built

News AssociationsCatastrophesClaimsInsuranceMergers and AqcuisitionsTechnology

Third-party drone services developing, immediate post-incident use still a challenge

September 8, 2017 by Angela Stelmakowich

A trend seems poised to take flight whereby companies in need of drone services to gain specific insights will increasingly tap the expertise of third-party providers. “I think third-party companies who provide services utilizing drones will be more common than

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17% of secondary rental suites in Ontario, Alberta and B.C. considered illegal: Square One Insurance survey

August 3, 2017 by Canadian Underwriter

Seventeen per cent of rental suites in detached houses in Ontario, Alberta and British Columbia are considered illegal, a new survey from Vancouver-based Square One Insurance Services Inc. has found. The study involved a survey of more than 5,500 homeowners

News InsuranceMarkets / CoveragesTechnology

U.S. company launches cloud for insurance, brings drone platform to p&c sector

June 22, 2017 by Canadian Underwriter

California-based Kespry is moving deeper into vertical markets with its formal entry into the insurance sector south of the border. The move follows extensive field tests and insurance-specific improvements designed together with customers and industry leaders, reports the aerial intelligence

News InsuranceMergers and AqcuisitionsTechnology

More drone activity anticipated, safety-first approach essential: SCOR newsletter

June 9, 2017 by Canadian Underwriter

An agile and flexible response by all parties is needed in light of the new and little-understood risks expected to emerge with the anticipated increase in drone activity over the next few years, SCOR experts write in a recent technical

News Earnings / RatingsInsuranceTechnology

Crawford & Company reports net income attributable to shareholders rises to US$36.0 million in 2016 compared to loss in 2015

February 27, 2017 by Canadian Underwriter

Atlanta-based Crawford & Company posted net income attributable to shareholders for both the full year and fourth quarter of 2016 – reaching about US$7.8 million and about US$36.0 million – compared to losses in the prior-year periods. Net income attributable

News CatastrophesInsuranceMergers and Aqcuisitions

Saskatchewan to inspect all oil pipelines that cross provincial rivers following Husky Energy spill

September 9, 2016 by Canadian Underwriter

Saskatchewan’s Ministry of the Economy announced on Friday that it will be implementing a province-wide inspection of all oil pipelines that cross Saskatchewan rivers or lakes where a potential failure could pose a threat to municipal water supplies. The Ministry

News CatastrophesInsuranceMergers and Aqcuisitions

Nearly 1,300 new hail claims created last week in Alberta, more than 3,000 waiting for an inspector: Agriculture Financial Services Corporation

August 11, 2016 by Canadian Underwriter

Alberta’s Agriculture Financial Services Corporation (AFSC) said on Wednesday 1,289 new hail claims were created last week, while 3,089 hail claims are currently waiting for an inspector. AFSC, the Crown corporation with a private sector board of directors that provides