Claims
HALIFAX – The Nova Scotia government says it’s too soon to say who will pay to remove a construction crane that was blown down during post-tropical storm Dorian. The province has declared a localized state of emergency in part of downtown Halifax in order to speed up removal of the crane. Labour Minister Labi Kousoulis […]
By The Canadian Press | September 26, 2019
1 min read
Ontario’s Divisional Court ruled this week against Aviva Canada, which wants to challenge a Licence Appeal Tribunal ruling in favour of an auto accident benefits claimant. The case involves how Aviva denied the claim, which was to check a box labelled “medical reason,” with a short, boilerplate descriptor next to the ticked box. Brian Hedley […]
By Greg Meckbach | September 25, 2019
3 min read
NEW YORK – Earth is in more hot water than ever before, and so are we, an expert United Nations climate panel warned in a grim new report Wednesday. Sea levels are rising at an ever-faster rate as ice and snow shrink, and oceans are getting more acidic and losing oxygen, the Intergovernmental Panel on […]
4 min read
Even though post-tropical storm Dorian knocked out power to about 80% of homes and businesses in Nova Scotia, and left thousands more without power in the other Atlantic provinces, claims adjusters were well-equipped to deal with its aftermath. “In the industry, there was tremendous capacity from an adjusting perspective, both from the insurer side and […]
By Jason Contant | September 24, 2019
CALGARY – Alberta’s premier says it’s possible a proposed reservoir to protect Calgary from floods will have to go back to the drawing board if federal regulators say no or court delays persist. Opponents of the dry reservoir at Springback, just west of Calgary, presented 842 signatures against the project during a meeting Monday with […]
By Greg Meckbach | September 24, 2019
2 min read
Despite increased penalties for distracted driving, poll results released Tuesday by Canada’s second-largest auto insurer indicate even more motorists are engaging in this risky behaviour. More than half (53%) of respondents to a survey admit to having driven distracted by their cellphones at least once, up from 38% last year, Desjardins General Insurance Group said […]
Internet of Things (IoT) devices can create complications for insurers, potentially including a priority dispute or, worse, an unpaid claim, a specialist carrier told Canadian Underwriter recently. Charlie Murray, international technology team leader with CFC Underwriting, used the example of an IoT device in a beehive with both hardware, software (in the form of firmware), […]
By Jason Contant | September 23, 2019
Does a one-size-fits-all basic tech errors and omissions (E&O) policy that covers things like breach of contract or negligence still suffice for an emerging tech company? “Most probably not,” said Charlie Murray, international technology team leader with specialist insurer CFC Underwriting. Traditional technology E&O policies from 10 years ago, for example, used to be geared […]
By Jason Contant | September 20, 2019
The Insurance Corporation of British Columbia (ICBC) was justified in denying an insured’s claim for making a wilfully false statement in connection with a stolen vehicle, the province’s Civil Resolution Tribunal (CRT) has ruled. ICBC determined the stolen vehicle was a total loss, but the insured was not entitled to compensation because he misrepresented the […]
By Jason Contant | September 19, 2019
Young insurance professionals want their older managers to wrap their heads around a few concepts when it comes to working with young people: flexible work environments, mentoring and being open-minded. Those were the suggestions from the “Four Under Forty” panel at the Risk and Insurance Management Society (RIMS) Canada Conference in Edmonton recently. While many […]
By Adam Malik | September 18, 2019
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