116 articles for vacant
Liberty Mutual Canada VP dies in plane accident
October 6, 2021 by Greg MeckbachA Montreal-based claims executive with Liberty Mutual is one of eight people who died Sunday after an airplane crashed in Italy. Julien Brossard, who was Liberty Mutual Canada’s vice president of specialty claims, joined the insurer in 2012. A Pilatus…
The good and bad news for commercial insurance
October 1, 2021 by Jason ContantThere’s good and bad news when it comes to commercial lines in the Canadian property and casualty insurance industry. The good news is there’s encouraging signs the commercial market is stabilizing, said Don Forgeron, president and CEO of Insurance Bureau…
Archdiocese selling land to pay survivors of Mount Cashel abuse
July 27, 2021 The Canadian PressST. JOHN’S, N.L. – The Roman Catholic archdiocese in Newfoundland and Labrador’s capital city is selling properties to pay survivors of abuse at the former Mount Cashel orphanage. Archbishop of St. John’s Peter Hundt said in a news release Sunday…
Updated: What emergency relief will insurers offer customers? Here’s what they told us
May 31, 2021 by Adam MalikEditor’s notes: This story has been updated to include additional information from Allstate. Insurance Bureau of Canada announced in 2020 that its members are offering reductions in auto insurance premiums for consumers whose driving habits have changed significantly. You can…
Half of businesses have increased priority on disaster preparedness since the start of COVID-19
May 18, 2021 FIRST ONSITE Property RestorationMISSISSAUGA, ON, MAY 18, 2021/insPRESS/ – FIRST ONSITE Property Restoration today released a survey of Canadian businesses that takes the pulse of how they prioritize emergency preparedness. Taken during the peak of the pandemic, the survey reveals that more than…
What courts say about vacancy exclusion when elderly homeowner client moves to a care home
April 27, 2021 by Greg MeckbachAn elderly homeowner’s health takes a turn for the worse, necessitating a move into a care home. The client still owns her original home, which suffers water damage. The insurer denies the claim on the grounds that the property is…
Small businesses move to lock in rental deals amid low vacancy rates
April 16, 2021 Salmaan Farooqui, The Canadian PressWhen Sohel Imani went looking for a second location for his bike shop in Toronto’s West End, he knew he’d be able to leverage the city’s current commercial rental market. With dozens of storefronts sitting empty in any given Toronto…
Ecclesiastical Insurance 2020 Community Impact Grant Recipients Announced
January 18, 2021 Ecclesiastical InsuranceTORONTO, ON, JAN. 18, 2021/insPRESS/ – Ecclesiastical Insurance Office plc is excited to announce the recipients of our 2020 Community Impact Grant. Community Impact Grants are provided to registered charitable organizations across Canada for specific projects designed to help vulnerable…
House fire in small Newfoundland town spreads to other buildings
October 7, 2020 The Canadian PressHEATHERTON, N.L. – A number of buildings are on fire in the small town of Heatherton, N.L. Muriel Brown works at the local Home Hardware store and says all she sees is smoke and flames when she steps out of…
The impact of MGAs getting more business
August 25, 2020 by Greg MeckbachIt is taking longer to get insurance placed through managing general agents because MGAs are getting more business in the hard market, one Ontario broker suggests. Many commercial accounts, which previously would have been handled by retail brokers, are now…
What brokers should consider with seasonal properties during COVID
August 21, 2020 by Greg MeckbachIf any of your clients own cottages or seasonal properties with no one living there overnight permanently, you might want to find out if the COVID-19 pandemic has changed the way those properties are used. Robertson Insurance Brokers Ltd. has…
There’s UBI for auto, could it work for home?
June 11, 2020 by Adam MalikIf the more you drive means the likelier you are to have an auto claim, the same thinking could apply to home insurance claims, as people adhere to shelter-in-place guidelines during the COVID-19 pandemic, says a risk expert. If people…