Claims
A recently military report on some Canadian long-term care facilities will change the way liability coverage is underwritten and could even discourage some insurers from staying in the market, a managing general agent suggests. “I think you will probably see an exodus of some capacity from the [nursing homes and long-term care homes liability] class […]
By Greg Meckbach | June 2, 2020
3 min read
Four vehicles were reported stolen to separate insurers, from the same driveway, on the same night in Brampton, Ont. This is just one example of alleged fraud identified shortly after the onset of the COVID-19 pandemic, the Insurance Bureau of Canada reported in a paper released Tuesday. Research shows a relationship between unemployment and increased […]
2 min read
Insurers paid out more $228 million in insured damage for spring flooding in Fort McMurray, Alta., that occurred a little over a month ago. Catastrophe Indices and Quantification Inc. (CatIQ) released the numbers this week, noting that commercial properties took the brunt of the damage, with some losses hitting personal property and automobiles. A news […]
By Adam Malik | June 2, 2020
VICTORIA – Large public gatherings, including anti-racism protests, pose health risks during a pandemic, British Columbia’s top health officials said Monday. Provincial health officer Dr. Bonnie Henry said people in B.C. have the right to protest and express their feelings, but warned there could be COVID-19 health consequences associated with a weekend protest in downtown […]
As an industry challenged by all of the various disasters that the world has to offer, many Canadian property and casualty insurance companies already had business continuity plans in place to keep their operations running in the face of a catastrophe. And so, many brokerages and insurance companies were able to react quickly when the […]
By David Gambrill | June 1, 2020
Flood warnings now cover a large section of southern British Columbia as river levels rise rapidly in response to heavy weekend rains and continuing snowmelt. The River Forecast Centre extended a flood warning Monday to the Boundary region, including the Kettle, West Kettle and Granby rivers, after issuing a similar warning Sunday for the West […]
By The Canadian Press | June 1, 2020
MONTREAL – Eleven people were arrested after tensions flared between protesters and police on Sunday night following a Montreal demonstration demanding justice for a black man who died following a police intervention in Minnesota. Demonstrators had gathered to denounce racism and police impunity in both Canada and the United States following the death of George […]
Your commercial clients may expose themselves to legal risk if they don’t adhere to all government recommendations to protect clients and employees from the spread of coronavirus while re-opening, legal professionals warned. As social distancing rules loosen in various parts of the country, businesses are looking for ways to ensure customers and staff entering their […]
By Adam Malik | May 29, 2020
A $225,000 award in a lawsuit against Wal-Mart Canada, arising from the accidental spraying of a fire extinguisher by a worker, could be headed to the Supreme Court of Canada. The victim of the accidental spraying, Kim Manos, initially won the lawsuit as a result of a January 2019 ruling by the Ontario Superior Court […]
By Greg Meckbach | May 29, 2020
4 min read
Retail clients of brokers and insurers can now prevent the spread of the novel coronavirus by taking advantage of digital, contact-free payment methods now available on mobile apps. Increasingly, businesses will have to operate within the health and safety guidelines developed by government, including requirements to maintain physical distances. But current payment systems often require […]
By David Gambrill | May 29, 2020
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
