Claims
A series of severe thunderstorms that reportedly spawned at least five tornadoes ripped through Ontario on Aug. 20, causing widespread damage to homes and properties and one confirmed fatality.Insurance Bureau of Canada has sent representatives to one of the hardest-hit areas, the Woodbridge/Maple area of Vaughan, Ontario, to field questions from storm victims about their […]
By Canadian Underwriter | August 21, 2009
2 min read
Insurance Bureau of Canada (IBC) is warning Atlantic Canadians to prepare themselves for the anticipated arrival of Hurricane Bill on Aug. 22.“The time to prepare is before the storm hits,” Bill Adams, IBC’s vice president of the Atlantic region, says in a press release. “While waiting for the storm, you should ensure that lawn furniture […]
Carstar’s 12th annual industry conference acknowledged Carstar franchise owners who have demonstrated distinguished service and outstanding leadership. This year’s President’s Club recipients include: • Carstar Kitchener Victoria Street, Ontario; • Carstar Brossard, Quebec; • Carstar Kingston Ontario; • Carstar Sudbury, Ontario; and • Carstar Hamilton Rymal and Gage, Hamilton, Ontario. Three hundred delegates came together […]
By Canadian Underwriter | August 20, 2009
1 min read
The Institute for Catastrophic Loss Reduction (ICLR), with support from the City of Toronto, has retrofitted a Toronto home to reduce the risk of basement flooding. ICLR also issued its Handbook for Reducing Basement Flooding, a publication providing comprehensive information on how to mitigate flood risk for individuals and communities.The ICLR retrofitted a Toronto home […]
The Canadian Hurricane Centre has issued a five-day marine forecast for the south shore of Nova Scotia that includes gale force winds of between 40 km-h and 65 km-h by August 22, as Hurricane Bill threatens to brush by Canada’s Eastern Coast.Hurricane Bill is currently a Category 4 storm in the Atlantic Ocean, near Bermuda, […]
By Canadian Underwriter | August 19, 2009
Hurricane Bill — the first hurricane of a season that is already two-and-a-half months old — has formed in the Atlantic and is projected to be a “major” (Category 3) hurricane by Aug. 19, the National Hurricane Center predicts.The hurricane is moving west-northwest, a projected path that would take it through Bermuda around Aug. 22.Currently […]
By Canadian Underwriter | August 17, 2009
ICBC has been awarded more than Cdn$600,000 in damages and interest by the B.C. Supreme Court after a lengthy trial related to an insurance fraud ring. The Supreme Court ruled in Insurance Corporation of British Columbia v. Suska that a variety of frauds and vehicle conversions were committed when several vehicles were falsely reported stolen […]
By Canadian Underwriter | August 11, 2009
Thus far, the current wildfires burning in British Columbia have not caused nearly as much property damage as the 2003 fires, experts say.Greg Thierman, manager of Crawford & Company (Canada)’s Kelowna branch, says that while the fires have come very close to densely populated areas, efforts by the firefighters and a bit of cooperation from […]
By Canadian Underwriter | August 7, 2009
The number of securities lawsuits filed in the United States dropped significantly in 2009 Q2 when compared to the first quarter of this year, but the decrease may only represent a temporary lull, reports Advisen.One hundred and forty securities cases were filed in 2009 Q2, marking a dramatic decrease from the 221 suits filed in […]
By Canadian Underwriter | August 5, 2009
Manitoba will upgrade its forest-fighting fleet with a $1.4-million investment in advanced avionics. The fleet consists of seven water bombers and will be enhanced with vision systems for pilots to help them battle fires when visibility is low, said Stan Struthers, Manitoba’s conservation minister. “This is key. It will increase our efficiency and make sure […]
July 31, 2009
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