Claims
Aviva Canada confirmed on Tuesday that the Financial Services Commission of Ontario (FSCO) has approved its ‘first of a kind’ coverage for drivers that carry paying passengers in their own vehicles. The coverage, now available for Ontario drivers, is a simple addition to an Aviva-insured policy, said Aviva Canada, a provider of home, auto, leisure/lifestyle […]
By Canadian Underwriter | February 3, 2016
2 min read
ClaimsPro/IndemniPro announced on Wednesday that it has acquired Quebec loss adjusting firm Allen & Fugère Inc. Allen & Fugère has been providing adjusting services throughout Quebec for more than 55 years, boosting a roster of 10 insurance professionals, including senior adjusters and investigators, ClaimsPro/IndemniPro said in a press release. Allen & Fugère also has a […]
Insurance Bureau of Canada now has flood maps that lets the bureau “assess flood risk right down to the residential level for both fluvial and pluvial flooding,” an IBC official told insurance professionals Monday. RELX Group plc’s LexisNexis Risk Solutions unit announced Nov. 26 it was selected by IBC as a lead partner to develop […]
By Canadian Underwriter | February 2, 2016
5 min read
Global earthquake numbers were on par with prior year averages, the U.S. Geological Survey (USGS) said on Monday. Globally, there were 14,588 earthquakes of magnitude 4.0 or greater in 2015, on par with prior year average of about 40 earthquakes per day of magnitude 4.0, or about 14,500 annually. The 2015 number may change slightly […]
By Canadian Underwriter | February 1, 2016
Canada’s federal, provincial and territorial ministers of the environment came together for the first time ever to work towards the establishment of a pan Canadian framework to address climate change and grow the economy, the federal Ministry of Environment and Climate Change (MECC) announced on Friday. A backgrounder from MECC said that Canada’s greenhouse gas […]
Canada was hit with six severe-weather catastrophes – causing more than $25 million each in damage – in 2015, with all but one affecting the western part of the country, a catastrophic loss analyst told insurance professionals Monday. “2015 was the year all hail broke loose,” said Carolyn Rennie, director of catastrophic loss analysis for […]
3 min read
Reinsurer Munich Re announced on Monday that it has entered into a long-term cooperation agreement with Metabiota, a San Francisco-based company that has pioneered the use of real-time data collection and comprehensive risk analytics for epidemics. Metabiota uses a staff of epidemiologists and researchers in more than 20 countries, who collectively have over 100 years […]
Saskatchewan Government Insurance (SGI) said on Monday that distracted driving is the traffic safety spotlight for the month of February. Police across the province will be watching for people using cellphones to talk, text, email or surf the Internet while driving, SGI said in a press release. Police will also be on the lookout for […]
It came as no surprise that the Supreme Court of Nova Scotia recently declared the Cyber-safety Act to be unconstitutional, given the act's overbroad definition of cyberbullying. Combating all cyberbullying is a worthy and valid objective, but demands that provincial legislatures meet that goal through more restricted means.
By Jennie Pick, Lawyer; and Keith Lehwald, Articled Clerk, Burchells LLP | January 31, 2016
7 min read
The January 22-24 blizzard is among the most powerful winter storms in the United States – ranked 4th – to impact the Northeast U.S. since 1950, according to the National Oceanic and Atmospheric Administration (NOAA). The storm, which dumped heavy snow from the mid-Atlantic to southern New England, is rated as a Category 4 or […]
By Canadian Underwriter | January 29, 2016
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