Canadian Underwriter

Keyword
property damage

News ClaimsInsurance

RCMP vehicles, property damaged during rural house party, police say

November 1, 2022 The Canadian Press

EAST ST. PAUL – Mounties in Manitoba are investigating a large house party in a rural area outside Winnipeg that they say resulted in at least one assault and extensive damage to the property and police vehicles.   Red River North

Aerial view of a small town with several houses completely flooded. Consequence of climate change.
News AnnouncementsCatastrophesClaimsClimate ChangeInsurance

P&C insurers call for a real estate climate risk score

October 26, 2022 by David Gambrill

Canadian P&C insurers are banding with Canada Mortgage and Housing Corporation (CMHC) to push for the disclosure of a real estate “climate score,” indicating the likelihood of a building or property being damaged during a natural catastrophe. Insurance Bureau of

a large branched pine stump with gnarled roots on a slope prone to soil erosion. Environmental issues.
News ClaimsInsuranceLegal

Why Lloyd’s has to defend a progressive property damage case

October 17, 2022 by David Gambrill

Lloyd’s of London has a duty to defend the City of Timmins in a negligence lawsuit, in which homeowners are suing the city for failing to prevent progressive land erosion that led to an order to remove, relocate or demolish

a businessman uses a calculator and a pen while sitting behind a stack of coins increasing in size
News BrokersClaimsCommercial LinesInsurance

How commercial insurers can mitigate claims costs

October 4, 2022 by Alyssa DiSabatino

Although inflationary pressures are adding to the cost of first- and even third-party property claims, commercial insurers can leverage their global resources to reduce these costs, says a commercial insurance exec. “[Inflation] affects the cost to restore a building,” said

Angelique Beauchemin, 100, looks at erosion on her property on the shore of the St. Lawrence River
News Insurance

Quebec homeowners say Ottawa must address decades of erosion caused by ship traffic

June 28, 2022 Morgan Lowrie - THE CANADIAN PRESS

VERCHERES, Que. – Every year, 100-year-old Angelique Beauchemin watches more of her land crumble into the St. Lawrence River. From her home along a busy stretch of river in Vercheres, Que., on Montreal’s South Shore, she watches waves from passing

Pipeline installation and construction
News Insurance

Politicians condemn violence at Coastal GasLink construction site in northern B.C. 

February 22, 2022 Hina Alam - THE CANADIAN PRESS

Politicians are denouncing what police have called a violent confrontation in separate attacks against officers and employees at a construction site for a natural gas pipeline being built across northern British Columbia.   Federal Public Safety Minister Marco Mendicino called the

News AdjustersClaimsInsuranceLegal

Intact wins the battle, but loses the war, in Alberta wildfire claim

April 7, 2021 by David Gambrill

Intact Insurance has lost its appeal over procedural unfairness in an Alberta wildfire property damage claim, even though an umpire in the case made a decision based on information that was not placed on the record by either the claimant

News Insurance

Lawsuit filed against makers of Montreal-area dike that burst, flooding town

September 3, 2020 The Canadian Press

MONTREAL – A Montreal-area town says its insurance company is suing the maker of a dike that burst last spring, flooding streets and forcing thousands of residents from their homes. Officials from Ste-Marthe-sur-le-Lac said Tuesday legal action has been filed

News InsuranceMarkets / CoveragesTechnology

Second-generation cyber policies tackle personal injury, property damage

January 11, 2018 by Jason Contant

Cyber insurance policies are now evolving to the point where they are starting to tackle personal injury and property damage, Brian Rosenbaum, national director, legal and research practice with Aon Risk Solutions Canada, told Canadian Underwriter on Tuesday. Known in

News ClaimsInsuranceMarkets / Coverages

New Brunswick moves to protect innocent co-insureds

December 7, 2017 by Canadian Underwriter

New Brunswick tabled amendments to the province’s Insurance Act Wednesday to protect innocent co-insureds in cases of intimate partner violence and property damage. Most home insurance policies exclude payment for loss or damage caused by an intentional or criminal act

News CatastrophesInsuranceMergers and Aqcuisitions

Authorities confirm tornado hit Quebec town as cleanup operations continue

August 24, 2017 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – Environment Canada says a tornado touched down in a Quebec town during intense thunderstorms that caused considerable damage in different parts of the province, including the felling of century-old trees in Montreal. Meteorologist Amelie Bertrand said Wednesday a team dispatched to Lachute confirmed an EF-1 tornado with winds reaching about 175 km/h struck in the town about 85 kilometres north of Montreal.

Bertrand said an EF-1 tornado can cause wind gusts ranging from about 135 to 175 km/h, placing Tuesday’s tornado at the higher end of…

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Cleanup underway after severe storm with heavy winds rips through Montreal area

August 23, 2017 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – Crews began cleaning up in Quebec on Wednesday after a suspected tornado hit one town and severe thunderstorms ripped through other parts of the province, felling century-old trees in one Montreal neighbourhood. The Montreal area and the Laurentian