Claims
MONTREAL – About 15,000 Hydro Quebec customers were still without electricity this morning after heavy rain and strong winds caused damage to power lines Wednesday. The utility says its crews worked through the night to restore power to 90 per cent of the homes that had been affected. As many as 175,000 customers lost power […]
By The Canadian Press | August 30, 2018
1 min read
Canadian insurers wanting to handle claims like Lemonade are going to have to accept some trade-offs, a Claims Summit speaker said Tuesday. New York City-based Lemonade Insurance Company uses artificial intelligence and says it can handle some claims in three seconds. Lemonade claimed earlier that it set a world record when a customer who submitted […]
By Greg Meckbach | August 29, 2018
3 min read
Fifteen years after Nova Scotia was hit by Hurricane Juan, a Canadian home insurer is offering storm surge coverage in all four Atlantic Canada provinces. Storm surge is a rise in sea level resulting from atmospheric pressure changes and wind associated with a storm. Home insurers started offering overland water coverage in 2015, but storm surge […]
By Greg Meckbach | August 28, 2018
2 min read
Your retail client could be at risk of a lawsuit if it starts selling cannabis, but the exposure may not be the same as the liability risk of a bar serving alcohol, an insurance defence lawyer suggests. Whether a retailer selling cannabis or alcohol could be sued is “a question of foreseeability,” Ari Krajden, a […]
VICTORIA – A year after the single worst season for wildfires in British Columbia’s history, government statistics indicate the 2018 wildfire season has already reached the second-worst mark, burning more than 9,450 square kilometres of land so far. That should prompt a longer look and more research into the trend, which according to the province’s […]
By The Canadian Press | August 27, 2018
An Ontario auto insurer went too far in arguing that a motorist gave her son – whose license was suspended – implied permission to drive her vehicle because she left the keys on a hook while she was out of town. The interpretation put forth by Compagnie d’Assurance Traders Generale “essentially requires that an owner […]
By Greg Meckbach | August 24, 2018
TORONTO – Steady rain and thunderstorm warnings in Toronto on Tuesday had residents bracing for waterlogged streets and transit delays for the third time in as many weeks, with the city saying it was prepared to respond quickly to urgent needs. The issues the city faces during periods of heavy rainfall are complex, observers said, […]
By Canadian Underwriter | August 22, 2018
Claims adjusters may soon have part of their work replaced by software that identifies property damage in photos, but there remains a need for humans.
By Greg Meckbach | August 22, 2018
A recent decision by an Ontario judge shows how much a corporate client might have pay to defend itself from a lawsuit – even one that gets thrown out of court. Three beer manufacturers, Molson, Labatt and Sleeman, spent a combined total of more than $2.4 million defending themselves in a class-action lawsuit that they […]
Most of Ontario is under a severe weather warning Tuesday, once again threatening flood damage in a province where insurers have already paid approximately $800 million for natural catastrophe damages. This cumulative total for the year in Ontario does not include claims totals for a flooding event earlier in the month, when a “pocket storm” […]
By David Gambrill | August 21, 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.
