Claims
Whether it’s giving your neighbour a ride to the grocery store, or letting a friend borrow your car, health experts generally advise against sharing a vehicle during the COVID-19 pandemic. But like many coronavirus-related scenarios, determining the probability of infection from carpooling isn’t so clear cut. A lot can depend on who is in the […]
By Greg Meckbach | May 29, 2020
4 min read
With ransomware and financial fraud on the rise, smaller businesses in Canada are vulnerable, particularly less-sophisticated organizations that move large amounts of money. For smaller brokerage houses selling cyber, examples of your next opportunities may be car dealers, people involved in real estate, and those involved in livestock management. Tim Zeilman, global owner of products, […]
By David Gambrill | May 28, 2020
3 min read
Commercial insurers who deny business interruption claims during COVID-19 could be sued by clients whose legal fees come from third-party litigation funding providers, an industry watcher suggests. “One thing that is happening now is a lot of insurance companies are suggesting that business interruption doesn’t apply in a situation where a pandemic is involved,” said […]
By Greg Meckbach | May 28, 2020
Accelerated drone usage by the insurance industry is another of the ripple effects that will come as a result of change thanks to the COVID-19 pandemic. The last few months have changed the way people and businesses interact due to physical distancing requirements, thus making contactless drone inspections vital to the way insurers do business, […]
By Adam Malik | May 27, 2020
2 min read
In an age of social distancing, contactless claims resolution is an important part of preventing the spread of the novel coronavirus. Canadian Underwriter has talked to those in the claims industry about how to do their jobs safely in the midst of the global pandemic. Some ways of doing contactless adjustments, home inspections and restoration […]
By David Gambrill | May 27, 2020
1 min read
Intact Insurance has convinced an Alberta court that the “faulty workmanship” exclusion applies in a disputed commercial fire claim but the carrier still has to pay more than $600,000 to a bakery, mainly because the judge rejected Intact’s definition of “oven.” Bowness Real Estate Corp v AXA Pacific Insurance Company, released this past Wednesday by […]
By Greg Meckbach | May 27, 2020
5 min read
HALIFAX – Provincial officials in Nova Scotia are warning about the potential for forest fires in dry, humid conditions as firefighters battle three significant wildfires across the province. The fires burning Tuesday follow a weekend blaze near Porters Lake east of Halifax that prompted the temporary evacuation of about 1,000 residents. That fire was under […]
By The Canadian Press | May 27, 2020
TORONTO – A new report from the military helping battle COVID-19 in five long-term care facilities in Ontario has revealed extreme neglect and exposed the extent of the ugly conditions facing residents, prompting Prime Minister Justin Trudeau to offer help for what he called an infuriating situation. The report found people left in filth for […]
It has become common to say that we’re living through an unprecedented time. We’re also living in a time of great change that has been forced upon us. Some of these changes have been for the better — and have not only ensured cases move along, but also provide significant cost savings. When things go […]
By Adam Malik | May 26, 2020
More than 3 million Canadians lost their jobs in March and April due to the business closures to reduce the spread of the novel coronavirus. An Angus Reid poll published in March suggested that 44% of Canadian households reported lost work as of Mar. 25, two weeks after the novel coronavirus was declared to be […]
By David Gambrill | May 26, 2020
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