Can higher lodging costs cut restoration losses?
January 12, 2024 Philip PoradoInsurers looking to reduce home restoration claims costs should find ways to avoid tearing out walls, flooring, rugs, trim and other major construction components. One insurer’s launched a program to do just that. The approach will lead to a “1%…
The challenges of assessing seasonal home damage
May 13, 2019 by Adam MalikDespite being told flooding in Ontario’s Cottage Country back in 2013 was one-in-100-years event, area businesses and residents are cleaning up from a second and more widespread flooding incident in less than a decade. Climate is playing a key role…
Health and safety inspection teams head to flood affected zones in New Brunswick
May 3, 2019 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Health and safety inspection teams are fanning out across flood-affected regions of New Brunswick, assessing homes and businesses that are still drying out amid receding floodwaters. New Brunswick’s Emergency Measures Organization says the teams will inspect electrical systems…
Health Canada warns mould is a serious concern in flood hit homes
May 2, 2019 Kevin Bissett - THE CANADIAN PRESSHealth Canada is warning of the dangers of mould in homes and cottages hit by this year’s spring flooding. Federal biologist Francis Lavoie says it’s important to dry wet walls and belongings within 48 hours, but that’s not always possible…
Why CBI insurance is on the rise in Canada
January 16, 2019 by Jason ContantContingent business interruption (CBI) insurance is on the rise in Canada, with an increase in both demand and higher limits, says the CEO and chief agent for Allianz Global Corporate & Specialty (AGCS) Canada. “This is one of the most…
Restoration Myth-Busting – Three-day drying Part 2
July 11, 2018 Kris Rzesnoski, vice-president, business development, EncircleIn 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…
Restoration Myth-Busting: Three-day Drying
May 8, 2018 Kris Rzesnoski, vice-president, business development, EncircleInsurance carriers could dramatically improve cycle time, profitability and improve customer service if they abandon misinformation about restorative drying. It has been nine years since one of the world’s leading restoration minds wrote the article “The three-day drying myth.” By…
Insurance implications of marijuana legalization
March 2, 2018 Jennifer Huneault and Jason ArcuriWith legalization of recreational marijuana use slated to take effect in Canada on July 1, 2018, challenge and change is on the horizon. But with change also comes great opportunity, not only for businesses and industries directly involved in the…
Strata’s ‘quick fix’ repair doesn’t have to be perfect: tribunal
January 11, 2018 by Greg MeckbachA British Columbia strata corporation is not negligent in attempting to fix a leaking skylight by re-caulking instead of replacing it, even though the skylight started leaking later, the province’s civil resolution tribunal found in a ruling released Tuesday. Karen…
Condo insurance: who’s responsible for dryer vent condensation?
November 30, 2017 by Canadian UnderwriterA strata corporation is partly on the hook for water damage to a condo unit arising from a buildup of water in a dryer vent, but there is no indication the damage is covered by the strata company’s insurance. Adding…
Top 3 issues for adjusters
November 27, 2017 David Gambrill, Editor-in-ChiefMonica Kuzyk, president of the Canadian Independent Adjusters’ Association (CIAA), talked to Canadian Underwriter Monday about the most significant issues facing Canadian insurance adjusters going into 2018. Here is her list of Top 3 issues facing adjusters today: Number 1:…
Quebec homeowners face potential post-flooding woes: mosquitoes, critters, parasites
June 12, 2017 Sidhartha Banerjee - THE CANADIAN PRESSMONTREAL – Even as swollen rivers have receded in Quebec, some experts suggest historic flooding this year could mean critter and pest-related woes in months and years to come. For now, heavy water accumulation has created standing pools of water…