Claims
A motorist seeking nearly $4,000 for a vehicle that was allegedly damaged while being towed cannot recover the money from either the Insurance Corporation of British Columbia or BCAA Insurance Corporation, the province’s civil resolution tribunal has ruled. In October, 2018, Cornel Ardeleanu had his 2010 Volkswagen Tiguan towed to a dealer after the vehicle […]
By Greg Meckbach | October 1, 2019
2 min read
Enough talk about wildfire risk has taken place, says Zurich Canada’s risk boss. Now there needs to be real action around building a national strategy on wildfires. It’s been three years since the wildfires in Fort McMurray, Alta., for which the Canadian P&C insurance industry paid out more than $3.7 billion in insured damage. Scott […]
By Adam Malik | October 1, 2019
3 min read
WINNIPEG – Firefighters were forced to remain outside a blaze at a historic Winnipeg highrise on Sunday due to renovations that have been underway to turn the building into a Hyatt Place hotel. The Winnipeg Fire Paramedic Service responded to the Keewayden Building, also known as the Crowley Building, at 2:35 a.m. and encountered heavy […]
By The Canadian Press | October 1, 2019
HALIFAX – Work was expected to begin Sunday that would allow the removal of the mangled remains of a construction crane that collapsed in downtown Halifax during post-tropical storm Dorian. The province said in a news release that final inspections are to be carried out before the crane is stabilized. The structure will be strapped […]
By The Canadian Press | September 30, 2019
Insurance companies buying into the claims management supply chain are bound to face some headwinds when it comes to conflicts of interest, but ultimately the P&C industry is big enough to absorb more of these types of acquisitions in the future, panelists at the National Insurance Conference of Canada (NICC) predicted in Quebec last Monday. […]
By David Gambrill | September 30, 2019
How can a joyous occasion turn into a nightmare scenario? The perils of public parades
By Adam Malik, Managing Editor | September 27, 2019
7 min read
Online transactions in insurance have been identified as nearly twice as risky as other industries, new research has found. Iovation, a U.S.-based fraud detection company, said Tuesday that among the 10-billion global online transactions it screened between September 2018 and September 2019, 9.14% were identified as “risky” in the insurance industry, compared to 5.09% across […]
By Jason Contant | September 27, 2019
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. A recent tragic pile-up on a major highway near Montreal has spurred the Quebec government into action _ to find the best ways to improve roads […]
By Greg Meckbach | September 27, 2019
4 min read
B.C.’s small claims court found no fault with the way the Insurance Corporation of British Columbia (ICBC) assessed liability for a motor vehicle accident, despite a complaint that the insurer did not follow up on an admission of guilt by one of the drivers after the collision. ICBC assigned 50-50 liability to both drivers. However, […]
By Jason Contant | September 26, 2019
If an Ontario auto insurer discovers a client made a material misrepresentation or non-disclosure in its application, could the insurer treat the policy as invalid to begin with? Not now. Or at least, not if the fact situation is the same as in ING Insurance Company of Canada, also known as, or formerly, ING Halifax […]
By Greg Meckbach | September 26, 2019
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