Allstate Canada is supporting the Ontario Science Centre exhibit Nature Unleashed, which teaches visitors how to understand and cope with the effects of natural disasters.
Insurance companies have collected client geographical information for decades, but the question remains: Do they have the most accurate data?
A study conducted by the Institute for Catastrophic Loss Reduction (ICLR) and Swiss Re concludes overland flood is insurable for Canadian homeowners.
SURVEILLANCE FOR EVIDENCE COLLECTION DOES NOT FALL UNDER PRIVACY LAW: FEDERAL COURT Using surveillance to help mount a defence in a civil legal action is not a “commercial activity” under Canada’s privacy law and is therefore not bound by the…
A tornado tore through Midland, Ont. on June 23, the third tornado of the season in Ontario. A severe thunderstorm and funnel cloud ripped through the southern part of Midland, damaging property and forcing the community to declare a state…
The Leamington tornado generated 4,750 home, commercial and auto claims totaling an estimated $85 million, a preliminary report finds. The majority of the claims were for homes, the Insurance Bureau of Canada says, based on data from PCS Canada. In…
MODERATE EARTHQUAKE ROCKS OTTAWA-QUEBEC BORDER AREA A magnitude-5.0 earthquake struck the Ontario-Quebec border area, 60 kilometers north of Ottawa, at 1:42 p.m. on June 23, according to the United States Geological Survey (USGS). Within minutes of the shaking, Twitter users…
Canada’s reinsurance market is often portrayed as “flat,” a word used to describe premium growth, rates and retentions. A glut of capital is responsible for giving the Canadian reinsurance marketplace a stable, if somewhat two-dimensional feel.
A retired adjuster in British Columbia offers up a reminder, along with some tips, on why having an up-to-date catastrophe plan is essential. Every time I see a catastrophe on television — flood, fire, windstorm or earthquake — my mind…
The Canadian Independent Adjusters’ Association has started down a road of change. The end goal is to be the voice of independent adjusters in Canada and provide exceptional value to its members.
Opinion/Analysis; The last time Canada had a $1-billion-plus cat year was 2005. But now it looks like 2009 will go down as another costly year for cat losses.
In a multi-media, interconnected, thrill-seeking world, people are almost “disappointed” to learn their houses were flooded or damaged by a mere thunderstorm.