Claims

How Chuckegg Creek Wildfire could affect Canadian insurers

The wildfire affecting northern Alberta is much larger than the one that devastated Slave Lake in 2011 but property losses seemed minimal on Thursday afternoon. “At this point we are hearing there are no major structures that have been lost,” Rob de Pruis, the Insurance Bureau of Canada’s director of consumer and industry relations for […]

By Greg Meckbach | May 23, 2019

2 min read

Aviva loses $7-million coverage dispute over sexual abuse liability

Canada’s top court said today it will not hear an appeal from Aviva Canada of a ruling in favour of a New Brunswick church diocese. L’Évêque catholique romain de Bathurst, a diocese that oversees Roman Catholic parishes in the northeastern part of the province, earlier paid $7 million in settlements to dozens of survivors of […]

By Greg Meckbach | May 23, 2019

4 min read

School bus accident on highway injures 12

EDMONTON -Twelve people, including 11 children, were taken to hospital Thursday after a school bus crash on one of Edmonton’s busiest freeways. Emergency officials said the collision happened at about 8:15 a.m. on Whitemud Drive near the Quesnell Bridge over the North Saskatchewan River. Alberta Health Services said there were no life-threatening injuries. “Two patients […]

By The Canadian Press | May 23, 2019

2 min read

These risks call for better models

Commercial clients need better tools to help risk managers predict their financial exposure to climate change and geopolitical factors, Canadian risk managers say. The risk from climate change “will be pervasive and have a massive impact and it’s something that we don’t know how to model,” said Sonia Baxendale, president and CEO of the Global […]

By Greg Meckbach | May 22, 2019

2 min read