Segment
Claims
Government impersonation, phishing are top financial scams, Interac survey finds
November 30, 2023 Ritika Dubey - THE CANADIAN PRESSTORONTO – Government impersonation is one of the most common financial scams plaguing people across Canada, a new survey from payment processing company Interac Corp. has found. The report, released Tuesday, said 42 per cent of survey respondents reported dealing…
Are short-term renters covered by condo insurance?
November 29, 2023 Philip PoradoAn Airbnb renter can be considered an insured under a strata’s insurance policy but may not necessarily rely on other liability protections in a strata’s bylaws, a B.C. Supreme Court justice determined in Strata Plan VR 2213 v Schappert, 2023…
After July floods took four lives, Nova Scotia plans flood plain mapping by 2026
November 17, 2023 Michael Tutton - THE CANADIAN PRESSHALIFAX – A plan is now in place to create the kind of detailed flood plain maps that some of Nova Scotia’s emergency managers have said they lacked when torrential flooding occurred in July. Byron Rafuse, deputy minister of the…
Whose insurer pays when e-scooter drivers crash?
November 17, 2023 Philip PoradoNews reports about drivers of stand-up e-scooters injuring pedestrians in several Canadian cities are raising questions about insurance coverage for the vehicles — and how injured pedestrians might recover damages. But what about the e-scooter drivers themselves? Can they recover…
Quebec to improve forest fire adaptation after record-breaking wildfire season
November 15, 2023 The Canadian PressQuebec’s forest fire prevention agency says the area burned by wildfires this year was greater than the previous 20 years combined. SOPFEU director general Eric Rousseau told reporters today that some 4.5 million hectares of land burned during this year’s…
Why more Canadian drivers are using winter tires
November 14, 2023 by Jason ContantWinter tire use in Canada is increasing, with 71% of polled Canadian drivers outside of Quebec now using winter tires, up from 63% in 2022, according to a survey conducted by Leger for the Tire and Rubber Association of Canada…
Is it time for a new approach to systemic cyber?
November 10, 2023 by Jason ContantSystemic cyber risk needs to be tackled with more capacity and ways of dealing with the attritional cyber market, Marc Lipman, president and attorney-in-fact at Lloyd’s Canada, suggested during an industry event last month. “Just like there developed a traditional,…
11 people sent to hospital after school bus crashes into B.C. home
November 10, 2023 The Canadian PressBURNABY, B.C. – Adrian Striga says that if he had slept in Thursday morning, it could have cost him his life. Instead, the carpenter was at work when a private school bus crashed through the window of his Burnaby apartment…
Quebec mayor, 23, resigns mid-mandate due to burnout from managing wildfires
November 9, 2023 The Canadian PressCHAPAIS, Que. – One of Quebec’s youngest mayors announced Wednesday she will be stepping down next week, suffering the effects of burnout from handling last summer’s historic wildfire season in her northern community. Isabelle Lessard was acclaimed in 2021 as…
Why hay barn fires catch insurers’ attention
November 9, 2023 by Jason ContantThe massive amount of water and firefighting resources required to put out hay barn fires is just one reason why these blazes are so stubborn, an industry professional said at the Farm Fire Summit last week. A multi-million-dollar hay barn…
How to tame increasingly ferocious NatCats
November 6, 2023 David GambrillEscalating natural catastrophe losses are top of mind for specialty insurers in several different commercial lines, most notably property, said Jeff Coulson, director of claims for commercial specialty at Echelon Insurance. There were 15 declared Cats (events causing insured claims…
Why Ontario thinks auto theft needs a federal approach
November 3, 2023 by Jason ContantOntario’s provincial government is urging a federal and multi-jurisdictional approach to combat auto theft in Canada. In its 2023 Fall Economic Statement released Thursday, the government called for the Canada Border Services Agency, RCMP, Montreal and Halifax port authorities, as…