Claims
Quebec’s financial regulator has temporarily relaxed some of its rules to allow out-of-province adjusters into the province to help deal with a large number of claims. The Autorité des Marchés Financiers (AMF) announced the change before the province began experiencing heavy flooding, which has resulted in more than 6,400 flooded residences as of Monday and […]
By Jason Contant | May 1, 2019
2 min read
For centuries, residents of flood-prone areas have looked to sandbags to stave off rising waters. Flood management experts say that while it’s easy to understand why sandbags have become the first line of defence, they may not necessarily be the best one. Here’s a look at sandbags and their effectiveness: DO SANDBAGS WORK AS FLOOD-PREVENTION […]
By Canadian Underwriter | April 30, 2019
3 min read
An auto insurance company cannot necessarily treat a policy as invalid under common law if it discovers the client made a material misrepresentation on the application, the Court of Appeal for Ontario has ruled. In Merino v. ING Insurance Company of Canada, released Apr. 25, the Court of Appeal for Ontario overturned a 2017 ruling […]
By Greg Meckbach | April 30, 2019
FREDERICTON – Officials in New Brunswick are urging patience while floodwaters are receding, saying there’s a long way to go before the response can become a recovery effort. The province’s Emergency Measures Organization says that while water levels are slowly dropping along the Saint John River, communities from Fredericton to Saint John remain above flood […]
By Greg Meckbach | April 29, 2019
Massive flooding in Quebec has shined the spotlight on suitable incentives that may get homeowners to move out of floodplains. Quebec Premier François Legault said recently that the province will offer a maximum of $100,000 to homeowners dealing with flood damage, according to media reports. Beyond that, the government would offer to buy the home […]
By Jason Contant | April 29, 2019
About one in three Quebec homeowners have overland flood coverage, but that number could be much lower in areas affected by recent floods. In the Montreal suburb of Ste-Marthe-sur-le-Lac, Que., waters from Lake of Two Mountains breached a dike at about 7 p.m. Saturday. Soldiers, firefighters and police patrolled the streets and pounded on doors to […]
MONTREAL – Quebec public security officials called for the immediate evacuation of an area along the Rouge River west of Montreal on Thursday because of the risk a hydro dam could fail. Simon Racicot, director of production and maintenance with Hydro-Quebec, told reporters the dam at Chute Bell was built to withstand what he called […]
By Greg Meckbach | April 26, 2019
4 min read
A $15-million defamation lawsuit by a doctor who examines accident benefits claims on behalf of auto insurers is headed to the Supreme Court of Canada. The top court announced Thursday it will hear an appeal of Platnick v. Bent, released Aug. 30, 2018 by the Court of Appeal for Ontario. Dr. Howard Platnick is a general […]
5 min read
If the Newfoundland and Labrador government increases the deductible for pain and suffering awards in auto accident lawsuits, a reduction in claims costs will not necessarily follow, says the Insurance Bureau of Canada’s CEO. Newfoundland and Labrador has had a deductible of $2,500 on pain and suffering damages arising from motor vehicle accidents since 2004. […]
By Greg Meckbach | April 25, 2019
BRACEBRIDGE, Ont. – The mayor of a small town in central Ontario’s cottage country says water levels in two nearby lakes have now exceeded those last seen during devastating flooding in 2013, and the weather forecast is “not promising.” Bracebridge Mayor Graydon Smith says a pair of lakes north of the community – which has […]
By The Canadian Press | April 25, 2019
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