Canadian Underwriter


Beach chair and umbrella in the sun.
News BrokersClaimsInsurance

Do younger Canadians planning vacations value travel insurance?

February 2, 2023 Canadian Underwriter Staff

Making up for the inability to travel during the pandemic is top of mind for 70% of Canadian millennials, who told an Allianz Global Assistance survey conducted by Ipsos they’ll be taking a vacation this year. Of those saying they’ll

The Coastal GasLink pipeline under construction.
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Unexpected construction issues, rising labour costs increase pipeline cost to $14.5 billion

February 1, 2023 Amanda Stephenson - THE CANADIAN PRESS

CALGARY – The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs. Calgary-based TC Energy

Five Islands Lighthouse in Nova Scotia
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Lawsuit over fall at historic Nova Scotia lighthouse allowed to proceed

January 31, 2023 Keith Doucette - THE CANADIAN PRESS

HALIFAX – An American tourist who alleges she was injured in a fall at Nova Scotia’s historic Five Islands Lighthouse in July 2017 can proceed with her lawsuit, a Nova Scotia judge has ruled. Mary Riddle of Pennsylvania is suing

Broker standing in front of a series of doors, representing choices.
News BrokersClaimsCommercial LinesInsuranceMarkets / CoveragesProductsRisk

Does your client need D&O or an ancillary coverage?

January 26, 2023 Philip Porado

While directors and officers (D&O) insurance is designed to cover individuals and corporate assets on the broadest threat level, certain exposures may require separate, dedicated policies focused on specific risks. When claim scenarios are investigated, it may become clear a

Ontario is still cleaning up after a winter storm.
News ClaimsInsurance

Southern Ontario digging out after winter storm, snow still falling in eastern parts

January 26, 2023 The Canadian Press

Much of southern Ontario is cleaning up from a major winter storm, while snow remains in the forecast for parts of eastern Ontario. Ottawa and much of eastern Ontario have been under snowfall warnings, though Environment Canada has now ended

Automotive production line in modern assembly plant
News ClaimsInsuranceMarkets / Coverages

Automotive products manufacturer hit by cybersecurity incident at three factories

January 24, 2023 The Canadian Press

TORONTO – Exco Technologies Ltd. says three of its factories have been hit by what it is calling a cybersecurity incident.   The company says it has taken steps to secure its systems and mitigate the impact to the company’s data

House fire in the winter
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Feds say ‘no willing partners’ to bring fire codes onto First Nations

January 23, 2023 Stephanie Taylor - THE CANADIAN PRESS

OTTAWA – The federal government does not have a willing partner to find a way to introduce fire codes on First Nation reserves, a newly released document shows. The senior director for the Indigenous Fire Marshal Service, however, says there

Fire alarm mounted on wall. In case of fire, pull
News ClaimsInsuranceLegalRestorationRisk

$500,000+ payment ordered for uninsured B.C. tenants

January 20, 2023 Philip Porado

A 2017 apartment fire that a B.C. Supreme Court judge ruled was ‘foreseeable’ led to an order to pay more than $500,000 to the building-owner plaintiff. In his decision in Langara Gardens Holdings Ltd. v. Chen (2023 BCSC 58), B.C.

Traffic warning sign following landslide in British Columbia
News ClaimsInsurance

Landslides prompt B.C. city to declare state of emergency

January 20, 2023 by Jason Contant

CAMPBELL RIVER, B.C. – The City of Campbell River, B.C., has declared a state of local emergency to help it better deal with landslides that have forced some people from their homes. The city says a temporary evacuation order has

Fallen tree damage to the roof of a house
News AdjustersClaimsCommercial LinesConstructionInsuranceRestoration

How adjusters can benefit from putting consumers in control of their claims

January 19, 2023 Jason Contant

When severe weather events take place, not everything can be fixed overnight. There are only so many contractors and thousands of homes will likely need repairs ranging from major to minor. “It comes down to triaging and putting the insured

Houses along the shores of Lake Erie following December's 'bomb cyclone'
News BrokersCatastrophesClaimsClimate ChangeInsuranceRisk

Why Ontario should worry about worsening weather

January 19, 2023 by Alyssa DiSabatino

Final numbers for 2022 show another year of NatCats reaching over $3 billion in insured damages (and, at $3.1 billion, the third highest total NatCat losses in Canadian history).  Those figures don’t just point to more insured damages losses for

Family riding a toboggan down a snowy hill
News ClaimsClaims CanadaInsuranceRisk

Proposal to mostly ban tobogganing in Oshawa, Ont. parks draws criticism

January 19, 2023 Jordan Omstead - THE CANADIAN PRESS

A proposal to ban tobogganing at all but two municipal parks in a city east of Toronto is drawing criticism from lawyers who say the plan won’t boost safety and could limit access to the popular winter pastime. But the