Long-range weather forecast: more flood claims for the P&C industry
April 3, 2019 by Jason ContantCoastal flooding is expected to increase in many areas of Canada, bringing with it increased risk of damage to coastal infrastructure, according to a report released Tuesday by the federal government. “Local sea level is projected to rise, and increase…
Canada ‘much closer’ to national flood program: IBC
April 2, 2019 by Greg MeckbachThe industry is making progress on getting a national flood insurance program, but a key challenge is getting all provinces, territories and Ottawa to agree on how it should work, the Insurance Bureau of Canada’s CEO suggested Tuesday. Unlike Britain…
Cyber attack in Canada spawns $60 million lawsuit
March 29, 2019 By Colin Perkel - THE CANADIAN PRESSTORONTO – As many as 200,000 people may have had their personal information stolen in a hack on servers at one of Ontario’s most popular casinos, a lawyer for the plaintiffs pressing a proposed class action argued on Thursday. However,…
Why this insurer does not have to pay additional living expenses for campground fees
March 29, 2019 by Greg MeckbachAn insurance company does not have to pay a flood victim the cost of living in a campground because that client had a pre-booked vacation trip, the British Columbia civil resolution tribunal has ruled. Patrick Strange took the Canadian Northern…
Manitoba’s flood fears ease a bit with dry weather
March 27, 2019 Steve Lambert - THE CANADIAN PRESSWINNIPEG – Dry weather and a slow melt so far have somewhat eased the flood potential in Manitoba, although it will be a few more weeks until the threat passes. The provincial government says with average to unfavourable weather, the…
Calgary flood protection a provincial election issue
March 25, 2019 Lauren Krugel - THE CANADIAN PRESSCALGARY – NDP Leader Rachel Notley pledged more flood protection for Calgary on Friday as she and United Conservative rival Jason Kenney accused each other of dithering on another project to help prevent a repeat of the 2013 deluge that…
How small potatoes from federal budget can help insurers
March 20, 2019 by Greg MeckbachThe federal government’s commitment Tuesday to spend $1 million a year on hazard awareness training – from a total budget of nearly $350 billion – will go a “long way” towards helping Canadians understand property risk, the Insurance Bureau of…
Manitoba flooding could be worse than 2009
March 19, 2019 Steve Lambert THE CANADIAN PRESSWINNIPEG – Heavy snowfall in the United States has raised the threat of flooding in Manitoba’s Red River Valley this spring. The Manitoba government says conditions have worsened since its first flood outlook last month. The province says, with average…
Flood victims win lawsuit against neighbour over laneway access
March 18, 2019 by Greg MeckbachA commercial property owner who was sued for $100,000 by neighbours over water damage is unable to appeal to the Supreme Court of Canada. The top court announced March 14 it is denying Marilyn Marks leave to appeal a Court…
Poison reports up in wake of cannabis legalization
March 18, 2019 THE CANADIAN PRESSHALIFAX – Atlantic Canada’s largest children’s hospital is warning parents about the risks of edible weed after a flood of cannabis-related calls to its poison centre. The IWK Health Centre says it fielded three times as many cannabis calls to…
How your client can save money by detecting plumbing problems
March 13, 2019 by Greg MeckbachCanadian property clients could soon get an insurance discount by installing products from water flow sensing vendor Triple Plus Ltd. Triple Plus recently announced a pilot project in which American clients of Berkshire Hathaway GUARD can get lower property insurance…
How air conditioner installer got dragged into basement flood
March 12, 2019 by Greg MeckbachMoisture that an air conditioner collects could damage your client’s home if it doesn’t drain properly, but the client cannot necessarily blame the air conditioner installer for a flood. Basement flood victim Samuel Sieb took Gandy Installations Ltd. to British…