Drenched In Claims
January 1, 2009 David Gambrill, EditorRecord levels of water in Canada (including hail and snow) drove up the cost, if not the frequency, of property damage claims throughout Canada. And if it wasn’t rain, it was accident benefits claims raining down in Ontario auto insurance.
Catching Smoke
January 1, 2009 Craig Harris, Freelance WriterThe claims community is perhaps the best witness to the discrepancies that occur between the modelled reconstruction values of properties and the true costs to rebuild them.
Sputtering on All Cylinders
November 1, 2008 David Gambrill, Editor and Vanessa Mariga, Associate Editor2008 National Insurance Conference of Canada; Having enjoyed the past few years of relative prosperity, Canada’s insurance industry is finding the chickens — more claims, increased costs — are coming back home to roost.
Dangers of Disturbed Asbestos
July 31, 2008 Bruce StewartRestoration in older buildings often involves disturbing asbestos-containing finishes, which, if not handled properly, can pose serious health concerns.
The Psychology of a Loss
July 31, 2008 Asser GhazoulyUnderstanding the emotional cycle in a property loss
Ensuring a Lifeline
July 31, 2008 Laura KupcisWhen disaster strikes everybody rallies together to ensure those impacted have the basic necessities. The CIAA has the experience and the manpower to assist the government in expediting Disaster Financial Assistance.
Ensuring a Lifeline
July 31, 2008 Laura KupcisWhen disaster strikes everybody rallies together to ensure those impacted have the basic necessities. The CIAA has the experience and the manpower to assist the government in expediting Disaster Financial Assistance.
Canada’s Black Swans
July 1, 2008 by Canadian UnderwriterA ‘black swan’ is an unpredictable event with a massive impact. Will guaranteed replacement cost (GRC) prove to be such a creature in Canada?
Insurance-Linked Securities: Here to Stay?
July 1, 2008 Francis Blumberg Head Of Canadian Operations, Chief Agent, PartnerReThe use of insurance-linked securities is a hot topic in both the United States and Europe, but it has received less attention in Canada, in part because of a lack of clarity in regulatory guidance for ILS in Canada
Updated Weather Forecasting
July 1, 2008 Vanessa Mariga Associate EditorEnhancements to tornado, hail and earthquake models are on the horizon, but whether or not Canada will ever have an overland flood model remains to be seen
Going with the Flow
June 1, 2008 Larry Watson, Director Of Loss Control, ING Insurance (London, Ontario)New trunk mains and sump pumps are two main ways to prevent sewer and storm water back-up
D&O and E&O claims from subprime to match scale of Category 5 hurricane losses
May 1, 2008 by Canadian UnderwriterThe scale of the subprime crisis has thus far had the equivalent impact on the insurance industry as a Category 5 hurricane hitting Miami, A. M. Best reports. As of 2008 Q1, D&O and E&O claims and litigation linked to…