Climate Change in Action
February 1, 2011 Adrian Hall, director of personal specialty insurance corporate communications, RSA CanadaRSA Canada travels to Churchill, Manitoba, where the impact of climate change is far from remote
Bridge Over Troubled Waters
January 1, 2011 Vanessa Mariga, Associate EditorAbsent funding for re-building entire infrastructures, municipalities are taking creative approaches to help curb water damage due to sewer backup and basement flooding. This opens up new opportunities for collaboration between insurers and municipalities.
Flood of Options
December 1, 2010 Paul Kovacs & Sharon LudlowA study conducted by the Institute for Catastrophic Loss Reduction (ICLR) and Swiss Re concludes overland flood is insurable for Canadian homeowners.
Keeping the Wolves at Bay
December 1, 2010 by Canadian UnderwriterMany things are keeping primary insurance company senior executives awake at night, including the familiar wolves in the woods: water damage and the uncertain outcome of Ontario’s auto insurance reforms. Add to this the ongoing volatility of global markets — with suppressed interest rates hitting P&C insurers’ investment income — and even the specter of inflation related to economic recovery and you can see why insurers face many sleepless nights to come.
Decision Time
October 1, 2010 David Gambrill, Editor & Vanessa Mariga, Associate Editor2010 National Insurance Conference of Canada (Montreal); Canada’s P&C insurance industry has decisions to make regarding overland flood coverage, underwriting accuracy in an era of low investment yields, insurance fraud, pandemic planning, auto reforms and predictive modeling.
Habitat for Resilience
October 1, 2010 Greg OulahenThe Institute for Catastrophic Loss Reduction has helped Habitat for Humanity in London, Ontario build safe and affordable housing based on recommended changes to Ontario’s Building Code.
Canadian P&C industry researching the possibility of offering overland flood insurance
September 30, 2010 byCanada’s property and casualty insurance industry is conducting research into the possibility of offering overland flood insurance, which is not currently available, as part of a homeowner’s policy. Panelists at the National Insurance Conference of Canada (NICC) in Montreal noted…
Adjusting Claims for Seniors
September 30, 2010 Jon BrewerRight now, the first wave of baby boomers are approaching their mid-sixties. It is estimated that roughly 20 per cent of Canada’s population will be over 65 by 2030. Seniors are more independent and active than ever before. They remain…
Opening the Innovation Floodgates
September 1, 2010 Blair MacLeodOpinion/Analysis; Increasing water damage is going to challenge the insurance industry to become more innovative.
Sunny Days Ahead
September 1, 2010 Mary Lou O'ReillyInsurance Bureau of Canada (IBC) applauds the leadership of municipalities in adapting to climate change by taking steps to reduce water damage.
An Oft Forgotten Risk
May 31, 2010 Dennis Turriff And Mark BaileyHot water heater failures, due to age or damage, are among the top five sources of water losses in homes.
Steamatic: Flood and Learn
May 31, 2010 byThe best way to mitigate water damage losses — and keep costs in check — is through immediate response, Dave Bonnar, director of franchising and insurance development of Steamatic, said. “The faster we can get in, the faster we can…