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Wildfire smoke News Insurance

Ontario imposes restrictions on industrial operations in northwest as wildfires burn

July 20, 2021 by The Canadian Press

NORTHWESTERN ONTARIO – Ontario is imposing new restrictions on the mining, rail, construction and transportation industries in the province’s northwest to reduce the likelihood of human-caused fires. The move comes as 107 active wildfires burn in the region, with 32…

Post-COVID return to the office News Insurance

3 steps for an effective back-to-the-office plan

July 19, 2021 by Jason Contant

If back-to-the-office conversations are just starting at your company, or if you are finding that an early strategy isn’t working, employers should take a three-step approach to creating a successful plan, a business strategist suggests. As a manager, the first…

News Insurance

Who’s building your client’s green energy farm? Why you need to know

July 19, 2021 by Adam Malik

Whether it’s a solar or wind turbine farm, or any other energy-related facility, an insurer expert is raising red flags about the quality of people at job sites. Underwriters care about a site and its propensity to be hit by…

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways. News ClaimsClaims CanadaInsuranceMarkets / CoveragesRisk

Why your clients may not have the high ground on overland flood risk

July 19, 2021 by Greg Meckbach

Many homeowners opt not to buy overland flood coverage and this could leave them uninsured in the event of a severe rain storm. “Overland flooding is any water that comes into your house through the windows or door or anything…

News AdjustersAnnouncementsAppointmentsAssociationsClaims CanadaInsuranceLegislation / RegulationRiskTechnology

New industry anti-fraud group gets its first CEO

July 19, 2021 by Greg Meckbach

Terri O’Brien, a former vice president at TD Bank, is now CEO of Équité Association, the anti-fraud organization announced Monday. Équité Association is a new organization that integrates Canadian National Insurance Crime Services (CANATICS) and the IBC’s investigative services division.…

News Insurance

Drought ravages crops and pastures across the Prairies

July 19, 2021 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – Farmers are calling for emergency disaster relief as drought ravages crops and pastures across the Prairie provinces and beyond. Scorching temperatures and little to no rainfall have left crops in poor condition across wide swaths of Alberta, Saskatchewan…

News BrokersInsuranceLegislation / Regulation

Auto dealer penalized for use of insurer’s internet quoting system

July 16, 2021 by David Gambrill

Alberta’s broker regulator has issued an $8,000 civil penalty against an auto dealership, Avenue Motors Ltd., after an insurance company complained about alleged misuse of the insurer’s online quote generator by the dealership’s employees. The dealership holds a Restricted Corporate…

News Insurance

Lessons learned in a year when strategy changed on the fly

July 16, 2021 by Adam Malik

Understanding the relationship between your in-person and online communities is a lesson that one brokerage is taking away after 16 months of change when it comes to marketing and attracting new clients. COVID-19 was declared a global pandemic on March…

Cyberattack News Insurance

How the cyber threat landscape is evolving

July 16, 2021 by Jason Contant

Cyberattacks used to traditionally target specific industry sectors like healthcare, but one cyber insurance writer is now seeing a wide range of sectors in the line of fire. “When you look at our 2020 stats, we see a big difference…

News AdjustersCatastrophesClaimsClaims CanadaEngineeringInsuranceReinsuranceRestoration

Why insured losses from Barrie twister may be higher than you think

July 16, 2021 by Greg Meckbach

The number of Barrie, Ont. clients whose homes are damaged beyond repair by Thursday’s tornado may be more than initially reported, an industry expert predicted Friday. The tornado touched down at about 2:30 p.m. July 15, the Canadian Press reported.…

Ford safety recall in Canada News Insurance

Ford issues three safety recalls affecting 42,000 Canadian vehicles

July 16, 2021 by The Canadian Press

DEARBORN, Mich. – Ford Motor Co. has issued three safety recalls affecting 850,000 vehicles in North America, including nearly 42,000 in Canada. The largest recall involves 775,000 Explorers, including almost 33,000 in Canada, for model years 2013 to 2017. The…

News ClaimsCommercial LinesInsuranceMarkets / Coverages

Why boat insurers are starting to feel more like car insurers these days

July 15, 2021 by Canadian Underwriter

Boats with high-tech safety gadgets are starting to look a lot more like cars nowadays — and that means more expensive and difficult repairs, as Aviva Canada reports. “The big trend we are seeing right now in watercraft is big…