Claims
A motorist who is being sued by his passenger after a single-vehicle accident wants his case heard by the Supreme Court of Canada. The issue at hand is whether the single-vehicle crash was a “true accident,” in which nobody can be held at fault for the vehicle rollover. Gordon Lipka was driving home from work […]
By Greg Meckbach | September 11, 2018
3 min read
VANCOUVER – The City of Vancouver says the number of short-term rentals listed online has dropped by almost half since new rules came into effect requiring operators to have a business licence. There are 3,742 active Vancouver listings on sites like Airbnb, compared with about 6,600 in April, when the regulations were introduced, the city […]
By The Canadian Press | September 11, 2018
Knowing what their property insurance actually covers is a “big missing link” in teaching homeowners how to manage flood risk. “Most people have no idea that you can’t get seepage coverage in most cases,” Cheryl Evans, director of the home flood protection program at the Intact Centre on Climate Adaptation, said in a recent interview. […]
By Greg Meckbach | September 10, 2018
2 min read
OTTAWA – The federal government says it doesn’t know enough about how, when and where dangerous goods move through the Canadian North, highlighting the potential risks of a major spill or other disaster. As a result, Transport Canada acknowledges the possible effects on public safety and the environment are also unclear. The department is commissioning […]
By The Canadian Press | September 10, 2018
1 min read
A disputed home insurance claim could go to trial because the carrier has accessed 22-year-old court records from the claimant’s divorce. In September, 2009, Douglas Cotter noticed the patio along the front of his Penticton, British Columbia home had shifted. Then over a few days, cracks appeared in the patio, garage floor and sub-basement wall. […]
By Greg Meckbach | September 9, 2018
With almost three months left in the year, severe weather in Ontario alone has already caused almost $1 billion in insured damage, Insurance Bureau of Canada (IBC) reported Friday. One of the most recent events occurred Aug. 7, when a thunderstorm produced 72 millimetres of rain over Toronto, with 51 mm falling in just one […]
By Jason Contant | September 9, 2018
Your book of business could have lower water losses if you give homeowner clients just three pieces of advice. First, homeowners should figure out whether their home actually has a backwater valve, said Cheryl Evans, director of the home flood protection program at the Intact Centre on Climate Adaptation, which is based at the University […]
By Greg Meckbach | September 7, 2018
VICTORIA – The British Columbia government has cancelled the state of emergency it declared in August when hundreds of wildfires engulfed the province. The government says cooler weather and progress in containing the forest fires means the powers granted under the provincial state of emergency are no longer required. The Ministry of Forest also lifted […]
By The Canadian Press | September 7, 2018
Summer storms across the Prairies have caused more than $200 million in insured damage so far this year. This brings total weather-related insured damage on the Prairies to $464 million since May 2017. The numbers from Catastrophe Indices and Quantification Inc. (CatIQ), released Wednesday, relate to two separate storm events in July and August. On […]
By Jason Contant | September 6, 2018
Lack of flood coverage in high-risk areas raises the controversial question of whether owners of high-risk properties should have their insurance premiums subsidized. Overland flood coverage was generally unavailable on home insurance policies in Canada until 2015. Now dozens of carriers offer this coverage. But if overland flood “is priced properly, there may be many […]
By Greg Meckbach | September 6, 2018
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
