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Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court

August 14, 2017 by Canadian Underwriter

The 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.

Feature ConstructionLegalMergers and Aqcuisitions

Getting Realistic

June 23, 2017 Sandra Weber, Partner; and Colin Flynn, Associate, McLennan Ross LLP

A recent ruling by Alberta’s Court of Appeal, finding insurers are not guarantors of construction, could have an impact on insurers facing large claims for pre-existing deficiencies or long-standing building code infractions revealed by inspections after damage from an insured peril. Does the reasoning mean insurers in Alberta no longer need to pay for deficiencies never realistically contemplated as being part of the insured risk?

News CatastrophesInsuranceMergers and Aqcuisitions

Estimated $66 million in insured damage from severe summer storms in southern Prairies: IBC, CatIQ

September 8, 2016 by Canadian Underwriter

Recent severe storms that swept through the southern Prairies – producing heavy rainfall, large hail, high winds, tornadoes and extreme lightning – are estimated to result in insured damage topping $66 million. The damage estimate released by Insurance Bureau of