A primer on how to handle claims in a self-insurance market
The Alberta oil sands have undergone intense growth in the past decade. this growth has amplified the challenges for the Canadian risk managers operating in this space.
The B.C. Supreme Court has upheld a “pollution exclusion” in a residential property damage case, in which an above-ground storage tank for home-heating fuel oil leaked and damaged the insured’s vacation home. In Corbould v. BCAA Insurance Corporation, the insured’s…
Insurers, homeowners, regulators and technicians need to work together to achieve a comprehensive solution to fuel oil releases.
The oil slick created by the sinking of the Deepwater Horizon rig in the Gulf of Mexico has muddied the global insurance markets.
Sandra McInnis of Crawford & Company (Canada) has accepted the position of Women in Cancer Crusade (WICC) Gala Dinner co-chair, WICC Gala Dinner chair Michael Butler of Giffin Koerth and past dinner chair Marilyn Horrick of Chubb Canada announced. McInnis…
1 ISO has teamed up with MSA Research Inc. to launch Property Claims Services (PCS), an industry- wide loss calculator, in Canada. PCS-Canada service will enable insurers, reinsurers, brokers and other industry stakeholders to receive industry-wide data about Canadian catastrophes,…
Pollution liability arising from permafrost degradation, climate change disclosure and risks associated with new shipping lanes are among the emerging insurance implications of climate change in Canada’s North, according to a report by the National Round Table on the Environment…
LOOK FOR CLIMATE CHANGE EXCLUSIONS TO APPEAR IN LIABILITY POLICIES IN THE NEAR FUTURE: ENVIRONMENTAL RISK ADVISOR Risks related to climate change are so expansive as to be uninsurable. It is therefore likely that climate change exclusions will be written…
Pleasure craft boating losses have become a big business, and they don’t always come from sources one might expect.
Insurers can help restore new life to lands sitting abandoned or underused, plagued by expensive clean-up costs and environmental liability.
As the climate changes, so do the risks facing the insurance industry. Water damage has risen to the number one spot in terms of claims relating to warming weather.