Claims
Alberta’s Ministry of Transportation said on Wednesday that the environmental impact assessment (EIA) required for the Springbank off-stream reservoir – part of the province’s overall flood mitigation strategy – is now underway. The EIA – which examines a variety of issues, including but not limited to air quality, noise, vegetation and wetlands, historical resources, traditional […]
By Canadian Underwriter | March 24, 2016
2 min read
The Insurance Bureau of Canada (IBC) has applauded the federal government’s commitment to addressing climate change in its first federal budget. “The budget shows a clear and strong commitment to fighting climate change,” IBC president and CEO Don Forgeron said in a statement on Tuesday, the same day the budget was released. “IBC is committed […]
By Canadian Underwriter | March 23, 2016
3 min read
CALGARY – Excessive steaming was one of the factors that caused more than one million litres of oily water to ooze to the surface at an eastern Alberta oilsands site nearly three years ago, an investigation by the Alberta Energy Regulator has concluded. The AER’s report released Monday also said the bitumen-water emulsion was able […]
By Canadian Underwriter | March 22, 2016
Although 2015 marked one of the strongest El Niño periods on record, it was a quiet year in terms of global insured losses, according to Guy Carpenter’s Global Catastrophe Review – 2015. The review, released on Tuesday, noted that there was a positive phase of the North Atlantic Oscillation (NAO) evident both at the beginning […]
Adjusters ready to take on new claims environment. Change, it seems, is the only constant.
March 22, 2016
17 min read
Pieter Heydenrych is set to adjust environmental claims and move the social needle as well
By Emily Atkins, Editor | March 22, 2016
5 min read
A review of the ten most important insurance coverage cases of 2015
By Chris Dunn, partner; and Josiah MacQuarrie, associate, Dutton Brock LLP | March 22, 2016
8 min read
The field of behavioural economics could have potential applications in insurance claims, fraud deterrence, injury management, driver safety and client service, some experts contend. Led by academics such as Richard Thaler, Cass Sunstein and Dan Ariely, behavioural economics holds that psychological bias or irrationality often pushes people to make decisions contrary to their best interests. […]
By Craig Harris, Freelance Writer | March 22, 2016
7 min read
Notre profession est une profession noble; vous devriez être fiers du travail important que vous accomplissez chaque jour, c’est-à-dire d’offrir le produit du secteur de l’assurance de dommages au Canada. La section de l’Ontario de l’Association Canadienne des Experts Indépendants (ACEI) et l’Association Canadienne des Directeurs de Sinistres d’Assurance (ACDSA) ont récemment collaboré dans le […]
By Fred Plant, president, ACEI | March 22, 2016
4 min read
While cyber insurance growth is clearly on the rise – with 2015’s estimated US$3 billion in premiums possibly tripling in four years – the rapid expansion into standalone offerings brings with it concern the move could be credit-negative, suggests a report released Monday by Fitch Ratings. Global Cyber Insurance Update: Expanding Threats Amplify Underwriting Opportunity, […]
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