FREDERICTON – New Brunswick is getting $39 million from Ottawa as it continues to recover from this spring’s historic floods. The province says the federal money will help cover response and recovery costs. In a news release, Deputy Premier Stephen…
With wildfire losses reaching a whopping $5.6 billion in the past 10 years, there is an urgent need for a solution that can help insurers price the risk accurately, as well as to help municipal and provincial governments know their…
ROSTHERN, Sask. – The damage estimate is expected to run into the millions of dollars after a fire tore through a large central Saskatchewan farm machinery dealership. Emergency crews were called to Cervus Equipment John Deere in Rosthern just before…
SUMMERLAND, B.C. – Evacuation orders and alerts have been expanded as several wildfires in British Columbia’s Okanagan Valley chew through bush and timber. A 10-square-kilometre blaze burning just south of Peachland on the west side of Okanagan Lake prompted an…
Information about a “potential risk” in the Greater Toronto Area (GTA) led to an increase in police presence in Toronto’s downtown core on Thursday, but officers insisted the public should not avoid any of the city’s attractions, prompting confusion among…
In the last article we talked about three-day drying as a myth that is not supported by the restoration industry. We also discussed the change in science from the 2000s to today and how it has opened insurers to expanded…
Following a catastrophe, policyholders are best served when adjusters and contractors adhere to their professional limitations in managing a loss, an industry executive said Tuesday. Jim Eso, senior vice president of property and casualty with Crawford and Company (Canada) Inc.,…
There is room for improvement in managing railway risk, the Transportation Safety Board of Canada suggested in a release marking the fifth anniversary of the Lac-Mégantic, Quebec, tragedy. For years, TSB has been calling for more ways to stop trains,…
TORONTO – A raised bit of concrete on a sidewalk. An icy patch on the road. A misstep on the stairs at home. All of these can lead to accidental falls – landing a person not only on the ground,…
FREDERICTON – Hundreds of people remain out of their homes in New Brunswick months after historic floodwaters swept through the province, destroying buildings and inundating highways. Bill Lawlor, director of the Canadian Red Cross in New Brunswick, said Tuesday that…
Controversy has swirled around the property and casualty industry’s response to Ontario’s May 4 windstorm, with restoration contracting firms speaking out to Canadian Underwriter recently to confirm the proper role of contractors during the catastrophe event. Restoration contracting firms made…
More than eight in 10 polled Canadians who have purchased travel medical insurance are “satisfied with the product and the value it provides” and 98% of those who made claims in the past year were fully or partially paid, a…