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News InsuranceMarkets / Coverages

Adjuster solves mystery of fire in the firehall

February 5, 2018 by Jason Contant

Fire claims investigations can certainly highlight life’s ironies. Consider the case of the firefighters who were called out to a blaze one day at about 3 p.m., only to return to the station and find a fire blazing in their…

News InsuranceTechnology

Why brokers placing cyber should ask about outbound firewall rules

February 5, 2018 by Greg Meckbach, Associate Editor

While brokers are usually not computer geeks, those who place cyber insurance can ask some basic questions to gauge their clients’ risk and figure out whether they overlooked a major security precaution known in tech jargon as outbound firewall rules.…

News ClaimsInsuranceLegal

Excluded drivers can still claim accident benefits, court rules

February 5, 2018 by Greg Meckbach, Associate Editor

Drivers excluded from coverage on their own policies can still claim accident benefits on the policies of other drivers, as long as they weren’t driving the vehicles from which they were excluded coverage, the Court of Appeal for Ontario ruled…

News Markets / CoveragesTechnology

Time has come for national big data strategy

February 5, 2018 by Andy Blatchford - THE CANADIAN PRESS

OTTAWA – Tech leaders are challenging the federal Liberal government to get serious about reaping the rewards of one of the next big frontiers in the information revolution: big data. Canadian CEOs and academics have been pushing Ottawa for months…

News CatastrophesInsuranceMarkets / Coverages

Why insurers aren’t rushing to offer earthquake insurance in Quebec

February 4, 2018 by David Gambrill

Canadian insurers are not rushing in to correct a gap in earthquake coverage in eastern Canada right now, primarily because they have a lot of risk on their plates already, an industry representative told the C4 2018 conference in Ottawa…

News CatastrophesClaimsInsuranceMarkets / Coverages

Is storm-ravaged Alberta insurable?

February 4, 2018 by David Gambrill

Alberta has experienced a disproportionate share of the extreme weather catastrophes in Canada over the past decade, causing insurers to question whether the province is a viable place to do business. The question was raised Friday at the C4 conference…

News InsuranceLegislation / RegulationTechnology

How the feds are changing vehicle safety in Canada

February 2, 2018 by Greg Meckbach

A bill affecting vehicle safety recalls and emerging automotive technologies could soon become law with the passage Wednesday in the House of Commons of Bill S-2. Bill S-2 brings “one of the most significant changes” to the 47-year-old federal Motor…

News InsuranceLegal

Why basement flooding victim can’t sue home seller

February 2, 2018 by Greg Meckbach, Associate Editor

The owner of a Winnipeg home who experienced basement flooding in 2010 has lost her bid to sue both the couple who sold her the home and the sellers’ real estate agent for allegedly misrepresenting the extent of foundation cracks.…

News AppointmentsInsuranceProfessional Development

P&C employment news of the week

February 2, 2018 by Jason Contant

Ontario brokerage appoints vice president of corporate risk Mississauga, Ont.-based Hubbard Insurance Group announced on Feb. 1 that it had appointed Bryce Elliott to the position of vice president, corporate risk. Elliott has been an account manager at the brokerage…

News InsuranceLegalMarkets / Coverages

Insurer must pay $237K in legal costs to elderly woman awarded $20K

February 2, 2018 by Colin Perkel - THE CANADIAN PRESS

TORONTO – An insurance company that played litigation hardball with an elderly car-accident victim has been ordered to pay $237,000 to cover the legal costs she incurred in winning a $20,000 settlement. In her decision, Ontario Superior Court Justice Mary…

News CatastrophesInsuranceMarkets / Coverages

Industry seeks government help to deal with homes in high-risk flood areas

February 1, 2018 by David Gambrill

Canadian 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…

News CatastrophesInsuranceMarkets / CoveragesTechnology

Insurers urged to share cat models to help map flood risk

February 1, 2018 by David Gambrill

Catastrophe 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…