Claims
After the deadly Sunrise Propane explosions caused a massive evacuation in north Toronto, the central focus of regulators came as a surprise to some engineers who investigate such disasters. Pumping propane from one truck to another was identified as a key risk factor after the tragedy, which happened shortly before 4:00 in the morning Aug. […]
By Greg Meckbach | October 24, 2019
3 min read
Alberta’s oilsands are at the centre of a closely watched court battle in New York today. The state’s attorney general is accusing Exxon Mobil of misrepresenting the risks the operations face as governments move to fight climate change. Court documents say Exxon lowballed by $30 billion the impact of carbon pricing on 14 Alberta oilsands […]
By The Canadian Press | October 24, 2019
2 min read
What liability risk do Canadian corporate clients face if they have supply chains in countries where workers are vulnerable to abuse or unsafe working conditions? It’s an open question right now, but brokers could get some guidance once the Supreme Court of Canada issues its decision in an appeal from Vancouver-based Nevsun Resources Ltd., lawyers […]
By Greg Meckbach | October 23, 2019
WINNIPEG – Some areas of Manitoba are watching rivers and lakes closely as the province warns rain could bring high water – or even flooding – after a devastating snowstorm more than a week ago. Rain forecast for southeastern Manitoba on Monday meant a possibility of overland flooding in some areas. Manitoba Infrastructure issued a […]
By The Canadian Press | October 23, 2019
John Jones has been appointed as the new president of the Canadian Independent Adjusters’ Association (CIAA), the association reported Tuesday. Jones assumed the role of 35th president of the association from outgoing president Sarah Hirst during the CIAA Annual General Meeting held Oct. 11 in Toronto. “I am humbled and honoured by the membership’s confidence […]
By Jason Contant | October 22, 2019
Is your client’s loss of income covered if the business got interrupted because of a catastrophe that hit a supplier? That depends on what the policy says and whether the client actually bought contingent business interruption (CBI) insurance. And these days, that doesn’t seem likely, according to a recent report by Lloyd’s. CBI covers lost […]
By Greg Meckbach | October 22, 2019
HALIFAX – A proposed class action lawsuit is looking to recover losses sustained by businesses and residential tenants displaced by the collapse of a construction crane in downtown Halifax last month during post tropical storm Dorian. A notice of action was filed in Nova Scotia Supreme Court on Friday by lawyer Ray Wagner. The proposed […]
By The Canadian Press | October 22, 2019
Does the federal government have the power to prohibit insurers from asking consumers questions that carriers say are material to their risk? This question was recently put to the Supreme Court of Canada in a life insurance context. “Risk-based underwriting is not bad for you,” said Christopher Richter, a partner with Torys LLP, on Oct. […]
By Greg Meckbach | October 21, 2019
4 min read
VANCOUVER – A 24-year-old woman must undergo multiple surgeries to reconstruct her face after a van dragged her for several blocks in downtown Vancouver last weekend An online fundraising page for the woman, only identified as Desiree, says doctors at Vancouver General Hospital are operating on her while she fights life-threatening injuries. Multiple media reports […]
By The Canadian Press | October 21, 2019
Insurance leaders are aware they’re not moving fast enough to keep up with change, be it around technological or customer expectations. But, as they said at a recent summit, they have no choice but to figure it out. For Pat Van Bakel of Crawford & Company, he told attendees of the recent Canadian Independent Adjusters’ […]
By Adam Malik | October 18, 2019
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