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Northbridge reveals your client’s biggest risk of commercial property water damage

March 10, 2020 by Greg Meckbach

Improper installation of pipes and connections is one of the biggest risks your clients face when it comes to water losses, Northbridge Insurance suggests. “Most water damage losses occur as a result of faulty workmanship. If contractors improperly install pipes

News EngineeringInsurance

The new trend for handling disputed property claims

June 24, 2019 by Greg Meckbach

What happens when your client’s property is damaged and the insurer disagrees with the claimant on how much work is needed to restore it? Some of these claims disputes can result in lawsuits, when the claimant brings the insurer to

News BrokersInsuranceLegislation / Regulation

Brokerage fined for rebating premium to unhappy client

June 3, 2019 by David Gambrill

A Manitoba brokerage recently found itself in hot water with the regulator for rebating premium money to a dissatisfied client. Insurance Council of Manitoba ruled that Donbar Agency Limited, which operates as Crossroads Insurance, should not have rebated an unhappy

News InsurancePaid

Paid IoT Solutions and Claims Reductions

May 17, 2019 Eddy Solutions

At just after 10 am on an average Thursday morning, a 20-floor apartment building in downtown Toronto experienced a leak in their riser stack between the 5th and 6th floor. The leak was detected by an IoT sensor system, which

News AdjustersClaimsClaims CanadaClimate ChangeRestoration

The challenges of assessing seasonal home damage

May 13, 2019 by Adam Malik

Despite 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

News Restoration

What’s closed in Victoria after commercial fire

May 9, 2019 THE CANADIAN PRESS

VICTORIA, B.C. – Days after flames tore through a vacant hotel in Victoria, one man is still missing and smoke lingers, forcing the closure of city hall and several other businesses. The fire in the former Victoria Plaza Hotel has

News EngineeringTechnology

How kitty litter can impact insured property losses

May 8, 2019 by Greg Meckbach

While spring rains and thawing have caused overland flooding of Biblical proportions, drain backups are also the bane of some insurers’ existence. In multi-storey commercial and residential buildings, drain backups are the number one cause of damage, said Adam Bartman,

News BrokersClaims

‘It’s triage now’: Cottage Country brokers deal with flood fallout

May 6, 2019 by Adam Malik

Brokers in Ontario’s Muskoka region are calling the recent flooding event the worst disaster they’ve ever seen. Both Stephen Darling, president at A.W. Shiers Insurance Brokers, and Adam Caswell, owner of Hutcheson Reynolds & Caswell, said damage is greater and

News ClaimsInsurance

Best incentives to get homeowners to move out of floodplains

April 29, 2019 by Jason Contant

Massive flooding in Quebec has shined the spotlight on suitable incentives that may get homeowners to move out of floodplains. Quebec Premier François Legault said recently that the province will offer a maximum of $100,000 to homeowners dealing with flood

News AdjustersClaimsInsuranceLegal

Condo flooding liability 101

April 18, 2019 by David Gambrill

You are the owner of a condo unit. The toilet in the condo unit above you overflows, causing water damage to your ceiling and floor. No, your upstairs neighbour does not have to reimburse you for your $1,000 insurance policy

News AdjustersBrokersClaimsClimate ChangeInsurance

How brokers can stop a flooded basement

April 16, 2019 by David Gambrill

A recent study suggests brokers have a golden opportunity to talk to homeowners one-on-one about how to protect homes from basement floods. With the right information and often for less than $500, homeowners can protect themselves from the increasing risks

News CatastrophesClaimsInsurance

Two winter storms, one $70-million claims bill for insurers

April 9, 2019 by David Gambrill

The busy catastrophe season in Canada thus far is continuing with no signs of slowing down. Two severe weather storms in Ontario this year, one in February and one in March, cost insurers more than $70 million in insured damage,