Claims

More vehicle crashes, increased injury payouts and higher vehicle repair costs contributing to proposed rate hike: ICBC More vehicle crashes, increased injury payouts and higher vehicle repair costs contributing to proposed rate hike: ICBC Image

Claims

More vehicle crashes, increased injury payouts and higher vehicle repair costs contributing to proposed rate hike: ICBC

A greater number of vehicle crashes, increased injury costs and higher vehicle repair costs are all contributing to the increase in proposed insurance rates for drivers in British Columbia, the province’s Crown corporation responsible for auto insurance said on Monday. Responding to a Canadian Press story on Sunday, Insurance Corporation of British Columbia (ICBC) spokesperson […]

By Jason Contant | August 15, 2017

3 min read

Backcountry closures due to wildfires put further economic damper on B.C. region Backcountry closures due to wildfires put further economic damper on B.C. region Image

Claims

Backcountry closures due to wildfires put further economic damper on B.C. region

WILLIAMS LAKE, B.C. – Businesses in British Columbia’s wildfire-ravaged Cariboo region are bracing for more economic hardship after the closure of much of the backcountry during peak tourism season. Executive director Claudia Blair of the Williams Lake Visitor Centre says trails are closed and travellers are limited in what they can do in the popular […]

By Jason Contant | August 14, 2017

1 min read

Study links major floods in North America and Europe to “multi-decade ocean patterns,” says number of major floods has not increased overall Study links major floods in North America and Europe to “multi-decade ocean patterns,” says number of major floods has not increased overall Image

Claims

Study links major floods in North America and Europe to “multi-decade ocean patterns,” says number of major floods has not increased overall

The number of major floods in natural rivers across Europe and North America has not increased overall during the past 80 years, rather the occurrence of major flooding in these two continents often varies with North Atlantic Ocean temperature patterns. The study, titled Climate-driven variability in the occurrence of major floods across North America and […]

By Canadian Underwriter | August 14, 2017

3 min read

Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court Image

Claims

Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court

The Supreme Court of Canada will not be hearing an appeal from an Edmonton shopping mall owner, whose award – of more than $500,000 against insurers, arising from a disputed claim involving building code upgrades – was reversed on appeal. Canada’s highest court announced Aug. 10 it has denied an application, from 852819 Alberta Ltd., […]

By Canadian Underwriter | August 14, 2017

5 min read