Claims
BEAUCEVILLE, Que. – A Quebec town that this week suffered its worst flooding in nearly 50 years is fearing more damage as rain is forecast in the coming days. Officials in Beauceville, about 90 kilometres south of Quebec City, say they haven’t seen this type of flooding since 1971. And with warmer weather and rain […]
By The Canadian Press | April 17, 2019
1 min read
If your client has filed a claim after experiencing a major event like a flood or fire, it’s likely that contractors have removed salvageable materials that are still usable. For example, in the event of a kitchen flood, contractors may place a large bin outside and start taking apart the flooring and cabinets that had […]
By Jason Contant | April 17, 2019
2 min read
Total Loss Series, Part 1: Cycle Times Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total loss cycle times by a week. How can the industry do this? Canadian Underwriter […]
By David Gambrill | April 17, 2019
4 min read
Preparing in advance for how a cyber-related business interruption loss may play out can help transform the claims process, speakers said earlier this month at NetDiligence’s Cyber Risk Summit in Toronto. A lot of the “claims frustration” can be avoided if insureds consider simple things like what sort of documents will be required to prove […]
By Jason Contant | April 16, 2019
3 min read
An Uber-style platform to expedite home and auto claims appraisals has made its way into Canada. Offered by WeGoLook, the online and mobile sharing-economy platform provides personalized, onsite data capture for inspections and low-complexity services across the United States. Now in Canada, WeGoLook has built up a base of 3,000 “lookers” across Canada; of those, […]
By David Gambrill | April 16, 2019
A recent study suggests brokers have a golden opportunity to talk to homeowners one-on-one about how to protect homes from basement floods. With the right information and often for less than $500, homeowners can protect themselves from the increasing risks of basement floods, according to a report from the University of Waterloo. The study suggests […]
OTTAWA – The pain of spring flooding at a First Nation in northern Ontario is hitting harder this year, as government promises for a permanent new location remain far from reality. Starting on Monday, more than 2,500 members of the Kashechewan First Nation were to be flown out from the reserve, located north of Fort […]
5 min read
Mazda recalls more than 200K cars in U.S., Canada due to failing wipers OTTAWA – Mazda is recalling more than 200,000 Mazda 3 compact cars in the U.S. and Canada because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration the recall covers cars […]
By The Canadian Press | April 15, 2019
The Canadian property and casualty industry saw its reserve releases contract in 2018 to their lowest level in seven years, according to MSA’s Q4 2018 Quarterly Outlook. Expressed as a percentage of loss development margin, reserve releases last year amounted to 5.92% – down significantly from a 9.37% reserve release in 2017 (which followed the […]
By David Gambrill | April 15, 2019
WINNIPEG – A judge has ruled a fire that destroyed a hardware store in the western Manitoba town of Neepawa more than four years ago was deliberately set. The decision follows a lawsuit filed by the owner of the Home Hardware outlet against his insurance company for not providing coverage. The owner, Patrick Guilbert of […]
By The Canadian Press | April 12, 2019
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