Canadian Underwriter

Segment
Claims

Alberta drought
News Insurance

Severe drought expected to cost Alberta $1 billion in insurance payouts

July 23, 2021 by Jason Contant

Crop insurance payouts in Alberta will likely reach about $1 billion later this year due to hot, dry weather that is contributing to severe drought conditions, Alberta’s Minister of Agriculture and Forestry said Thursday. “This year’s crop insurance claims will

News ClaimsInsuranceLegal

Cyclist loses bid to summon the Queen to court in auto insurance case

July 23, 2021 by David Gambrill

A B.C. cyclist injured in a car collision has lost his bid to demand an audience with Her Majesty Queen Elizabeth II in an effort to make his case against the province’s public auto insurer. In addition to seeking an

News AdjustersClaimsClaims CanadaLegal

Supreme Court of Canada sides with city over release for ‘claims of any kind or nature whatsoever’

July 23, 2021 by Greg Meckbach

As the late singer Prince said, forever is a mighty long time. While his 1984 tune “Let’s Go Crazy” is not about tort claims, a Supreme Court of Canada decision released Friday should serve as a reminder of the significance

News ClaimsClaims CanadaEngineeringLegalRestoration

Why your clients should do an inspection before buying a home

July 21, 2021 by Greg Meckbach

A couple who discovered a leaking bathtub after moving into their new home cannot get compensation from the sellers. A “reasonable inspection” would have revealed a water problem before Tyler and Keva Luscombe bought their home in 2020, the British

Mask hanging in car
News Insurance

Did loosening COVID restrictions contribute to more serious accidents?

July 21, 2021 by Jason Contant

Statistics from Manitoba Public Insurance (MPI) show a definitive link between the lifting of COVID-19 public health orders and an increase in serious collisions and fatalities on roads in the province. Throughout the pandemic, Canadian Underwriter has reported auto insurer

News AdjustersCatastrophesClaimsClaims CanadaEngineeringInsuranceRestoration

Get ready for hundreds of claims from Barrie twister

July 21, 2021 by Greg Meckbach

The industry will probably see well over 200 claims from the July 15 tornado that hit Barrie, Ont., says a wind damage expert who has looked at the affected area. “I expect the total number of damaged houses was about

Wildfires in B.C.
News Insurance

Hundreds more ordered out of their homes in B.C. by threatening wildfires

July 21, 2021 The Canadian Press

Hundreds more British Columbians have joined the thousands already forced from their homes by wildfires as several local governments ordered residents to get out Tuesday night ahead of nearby blazes. The Regional District of Kootenay Boundary declared a local state

News ClaimsClaims CanadaLegal

The legal pitfalls of online and over-the-phone insurance applications

July 20, 2021 by Greg Meckbach

A property insurer can be stuck paying out on a claim even though the client made a “material omission” on their insurance application, but the industry can mitigate this risk by being especially careful when taking applications over the phone

News ClaimsInsuranceRiskTechnology

Look for AI to “hyper-personalize” customer experience in 3-5 years: Aviva exec

July 20, 2021 by David Gambrill

Hyper-personalization of customer experience in three to five years’ time is a big reason why the property and casualty insurance industry is ramping up the use of artificial intelligence and machine learning now, an Aviva Canada tech executive suggests. “I

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 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