Claims
LANIGAN, Sask. – Saskatchewan’s public safety agency says crews are working in frigid temperatures as they continue to battle a fire that started when a freight train carrying crude oil derailed. The province says crews are taking precautions as Environment Canada has issued an extreme cold warning for the area with wind-chill values in the […]
By The Canadian Press | December 11, 2019
1 min read
The British Columbia Court of Appeal has ruled against an insurer in finding the parent company of a restaurant intentionally set on fire is not liable. In Austeville Properties Ltd. v. Josan, a ruling in a subrogated $3-million claim released Nov. 26, the B.C. Court of appeal upheld a 2016 decision by Justice Gregory Bowden […]
By Greg Meckbach | December 10, 2019
3 min read
Heavy precipitation that fell across central and eastern Canada as kids were out trick-or-treating was part of a storm system that caused over $250 million in insured damage, according to Catastrophe Indices and Quantification Inc. (CatIQ). Quebec was the hardest-hit province, with $189 million in insured damage, followed by Ontario at $55 million, said a […]
By Jason Contant | December 10, 2019
2 min read
A young, mobile population with strong safety training contributed to a successful evacuation during Canada’s costliest disaster three years ago in Fort McMurray, Alta., an author said recently at Insurance Bureau of Canada’s (IBC) inaugural Commercial Insurance Symposium. “Most work in the oilsands and in the oilsands everybody undergoes intensive safety training,” said Edward Struzik, […]
HALIFAX – More than 50,000 homes and businesses were temporarily without electricity across the Maritimes on Tuesday morning as a powerful rain storm downed power lines, damaged buildings and forced the closure of some schools and businesses. The storm moved into the region overnight and the winds picked up through the morning, with gusts hitting […]
By The Canadian Press | December 10, 2019
So, you want to work with insurtechs. A guide to how your contracts should handle the sharing of private consumer information between you….
By Roisein Hutchinson, Senior Associate, Walker Sorensen LLP | December 9, 2019
4 min read
Are Ontario municipalities another victim of the hardening market? “A lot of municipalities are facing increased premiums or difficulty with obtaining insurance,” said Pino Cianfarani, partner at Lerners LLP, speaking at Insurance Bureau of Canada’s (IBC) Commercial Insurance Symposium Nov. 28. “In the opening remarks, we heard that some businesses are having trouble finding and […]
By Jason Contant | December 9, 2019
When do the terms of a surety bond allow a construction project owner to withhold payments to a contractor? This question could go to the Supreme Court of Canada, which recently announced a federal crown corporation wants to appeal a Newfoundland court decision resulting from a $2.3-million ferry wharf construction project that did not get […]
By Greg Meckbach | December 9, 2019
LANIGAN, Canada – A Canadian Pacific freight train hauling crude derailed overnight sparking a fire that forced the closure of part of a major highway south of Humboldt, Sask. A release issued by the RCMP said traffic on Highway 16 was blocked in both directions between Guernsey and Plunket “due to a complete lack of […]
By The Canadian Press | December 9, 2019
Driver-assistance technologies are designed to help motorists, but how do they assist auto liability insurers?
By Tom Flynn and Mike Yang, MEA Forensic Engineers & Scientists | December 8, 2019
5 min read
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