Claims
Higher gas and food prices might lead juries to hike personal injury awards.
By Phil Porado | June 24, 2022
3 min read
B.C.’s Supreme Court denied a claimant’s attempt to bail out of three-year-long arbitration proceedings over water damage in her strata unit.
By David Gambrill | June 22, 2022
VANCOUVER – Environment Canada says the first hot spell of the year is about to settle over much of British Columbia, bringing temperatures in the low to mid-30s until at least early next week. Special weather statements now cover the inner south coast, east to the Alberta boundary and north to Fort St. John, raising […]
By The Canadian Press | June 22, 2022
1 min read
Insurers have been sounding the alarm about their auto claims ratios returning to normal post-pandemic, but will the oil shock change that?
By David Gambrill | June 21, 2022
Consumer behaviour, supply chain issues and staffing shortages are among the reasons why service levels have been challenged in recent months, but revamping outdated technology and insourcing claims may help ease the backlog, say industry executives. Processing claims in-house helps speed up service to customers, panellists said during a discussion at the Young Brokers Conference […]
By Alyssa DiSabatino | June 20, 2022
2 min read
A sewer backup insurance policy does not apply to a flood caused by a sun deck drain overflow, B.C.’s Supreme Court has ruled.
By David Gambrill | June 17, 2022
4 min read
By Keith Porter, adjunct research professor, civil and environmental engineering, Western University This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. A tornado cut a 270-kilometre path through Kentucky in mid-December 2021, killing 80 […]
By Jason Contant | June 17, 2022
5 min read
Civil unrest can cost billions to economies across the globe. Here's how companies can prepare and see to it they're property insured.
By Phil Porado | June 16, 2022
Although home to many of the costliest natural disasters in Canada, Alberta appears to have dodged a bullet with the latest rainfall event in the Calgary area. The City of Calgary declared a local state of emergency earlier this week as a precautionary measure in anticipation of significant rainfall. Environment and Climate Change Canada had […]
By Jason Contant | June 16, 2022
VANCOUVER – November’s floods in British Columbia that swamped homes and farms, swept away roads and bridges and killed five people are now the most costly weather event in provincial history. The Insurance Bureau of Canada made the statement as it released the latest cost estimate of $675 million, and that’s only for damage that […]
By The Canadian Press | June 16, 2022
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