Claims
Publishing content has taken a whole new direction on social media, and here’s how insurance is keeping pace
By Jason Contant, Online Editor | August 7, 2019
3 min read
Drivers in the heavily populated Greater Toronto Area are less likely to have a ticket, a collision or both on their record compared to those in more rural communities in Ontario. The counter-intuitive result came from a recent study by InsuranceHotline.com, which found that poorly-graded drivers emerged in more rural cities like Orangeville, Bradford and […]
By Adam Malik | August 2, 2019
Citing a failure to ensure proper and adequate supervision of the firm’s employees at all times, the Insurance Council of Manitoba has fined the designated representative of a Manitoba ClaimsPro LP office $5,000, plus assessed investigation costs of $3,188. “Based on the information and evidence reviewed by council, council concluded that there was an apparent […]
By Jason Contant | July 29, 2019
HALIFAX – A long-awaited process is underway to find ways to protect a narrow and vital corridor of land between New Brunswick and Nova Scotia from floods caused by sea level rise and storm surges. The request for proposals issued Monday asks firms to bid on the right to do an “engineering analysis and feasibility […]
By Greg Meckbach | July 26, 2019
Two major issues facing personal lines insurers – auto and climate change – are similarly vexing commercial insurers, says Insurance Bureau of Canada (IBC)’s new board chair, Silvy Wright. And working with Canadian insurance regulators will be key to responding to these issues quickly and effectively, she added. Canadian Underwriter recently talked to Northbridge CEO […]
By David Gambrill | July 23, 2019
WINNIPEG – A central Winnipeg warehouse that covers a full city block has been destroyed by an overnight fire. Emergency officials say the flames had spread through a large part of the building by the time crews arrived shortly before 1 a.m. After about half an hour, personnel were pulled back when conditions rapidly deteriorated. […]
By The Canadian Press | July 22, 2019
2 min read
Keeping meticulous files is one reason an Ontario cottage country brokerage was largely successful in defending a lawsuit from a homeowner client. In Monk v. Farmers’ Mutual Insurance Company (Lindsay) released this past Friday, the Court of Appeal for Ontario ruled mostly in favour of Muskoka Insurance Brokerage Ltd., which (along with insurer Farmers’ Mutual) […]
By Greg Meckbach | July 22, 2019
4 min read
CHARLOTTETOWN – A pre-dawn fire has extensively damaged a three-storey apartment building in downtown Charlottetown displacing more than 50 people. The Canadian Red Cross says most of the tenants in the 29-unit complex on 10 Harley Street are seniors. The organization says all of the tenants were safely removed from the three-year-old building shortly after […]
By The Canadian Press | July 18, 2019
1 min read
The increasing interconnectedness of buildings is leading to larger losses from an equipment breakdown standpoint, said Loren Gardiner, vice president of specialty solutions for Intact’s western division. For example, there are now alarms built right into electrical systems, and there are components that control air conditioning and heating. “It’s a bit more of that smart-building […]
By Jason Contant | July 18, 2019
Canadian P&C insurers believe they are starting to make headway with national and provincial governments on the climate change adaptation file. This has put the industry in the thick of a relatively new political dialogue about re-locating Canadians who live in high-risk flood plain areas. Silvy Wright, president and CEO of Northbridge Financial Corporation, has […]
By David Gambrill | July 18, 2019
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