Claims
Brokers with clients in northeast Calgary are getting overwhelmed with claims from the June 13 storm, a board member of the province’s association says. “You can just hear the exasperation in their voice when you talk to them, and the stress, and they would probably have dealt with hundreds and hundreds of claims for their […]
By Greg Meckbach | June 23, 2020
2 min read
On the heels of an ominous Canadian Federation of Independent Business survey last month that shows 12% of Canadian small and medium-sized businesses owners are considering bankruptcy or winding down their business because of COVID-19, brokerages can protect their own receivables by protecting the receivables of their clients, says a credit insurance expert. Receivables insurance […]
By Adam Malik | June 23, 2020
3 min read
The COVID-19 pandemic could complicate the movement of adjusters if help is needed from south of the border to deal with the aftermath of the recent southern Alberta storm. “I think customers by and large are recognizing that it’s complicated to bring anyone up from the United States,” said Walter Waugh, vice president of operations […]
By Greg Meckbach | June 22, 2020
Waivers of liability for disease transmission might protect commercial clients from lawsuits, but the industry will not know for sure until one is tested in an appeal court, a litigation defence lawyer suggests. A waiver will not, on its own, protect a client from liability, said John Olah, a partner with law firm Beard Winter […]
For want of a wrench, the basement was lost. This would be one way of summing up the Provincial Court of Alberta’s ruling in Kuerbis v Broderson, which should provide food for thought to brokers placing coverage for commercial clients who deliver washing machines to homes and also install them. In Kuerbis, Justice Paul Pharo […]
By Greg Meckbach | June 19, 2020
If you have clients in the Calgary area who suffered property damage in the June 13 hail storm, they could be waiting a while to get their properties repaired, an executive for one independent adjusting firm suggests. “There are tens of thousands of residences impacted and there is simply is not enough capacity to engage […]
Aviva Insurance Company of Canada has won an appeal in a coverage dispute arising from a teenaged kickboxer who is suing her gym after being sexually abused by an employee. The kickboxer was 14 years old on May 1, 2017 when she was flying back to Canada from Thailand after a kickboxing competition. She was […]
By Greg Meckbach | June 18, 2020
When an Ontario woman was catastrophically injured in an accident in a Nunavut-plated vehicle in Nunavut, that vehicle’s insurer was initially told it had to pay Ontario accident benefits to the claimant. But in Travelers Insurance Company of Canada v. CAA Insurance Company released June 15, the Court of Appeal for Ontario ruled that it […]
By Greg Meckbach | June 17, 2020
The thunderstorm that hit Calgary this past Saturday evening could be more expensive to the industry than the 2014 Airdrie, Alta., hail storm that cost P&C insurers more than $500 million, an industry watcher suggests. Hail the size of tennis balls hit some Calgary neighborhoods June 13, the Canadian Press reported. Residents posted photos and […]
By Greg Meckbach | June 15, 2020
Auto insurance customers should enjoy a shorter claims journey if pandemic-related changes stick around, insurance pros told Canadian Underwriter recently. Social distancing rules related to the COVID-19 pandemic have forced the insurance industry, along with its customers, to adopt technology for insurance-related services. Once existing on the fringes, a fully digital claims environment is now […]
By Adam Malik | June 15, 2020
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