Commercial
With continued legal challenges and protests surrounding construction of the proposed new Kinder Morgan pipeline, potential insurance repercussions could be just around the corner. An Insights West opinion poll released last month found that more than one in 10 British Columbians were willing to engage in “civil disobedience” to stop Kinder Morgan from building a […]
By Jason Contant | May 28, 2018
2 min read
Supertall structures, buildings more than 300 metres high or 90 storeys tall, are in vogue right now, raising interesting insurance challenges, according to a recent industry trends report released by the Insurance Institute of Canada. “Increasingly complex high-rise building projects present significant risk challenges, meaning insurance claims and risk consulting services are particularly important on […]
By David Gambrill | May 3, 2018
OTTAWA – Municipalities will have to grapple with a host of thorny issues once recreational cannabis is legalized in Canada – but it’s the matter of home-grown marijuana plants that’s expected to cause them the biggest headaches. The Federation of Canadian Municipalities has developed a guide to legalization, released Monday, to help identify the challenges […]
By Jason Contant | April 18, 2018
3 min read
Sarah Robson will replace Chris Lay as president and CEO of Marsh Canada, the New York City-based commercial brokerage announced Friday. Robson currently works in New York as managing director in Marsh’s United States business and global relationship manager in Marsh’s Insurer Consulting Group. She is a former specialties leader at Marsh Canada. Lay was […]
By Greg Meckbach | April 13, 2018
1 min read
Given a recent movement afoot to increase height limits for wood frame buildings in Canada, property insurance underwriters need to be wary of writing risks for such structures, an expert with one insurer notes. A private members’ bill (Bill 19) tabled on March 22 would allow wood frame buildings up to 14 storeys in Ontario. […]
By Greg Meckbach | April 3, 2018
CAA Manitoba, also licensed as MML Club Services Ltd. and CAA Manitoba Travel, has been fined $3,000 by the province’s insurance regulator after two agents sold an annual travel accident and sickness policy to a commercial trucker who was excluded from coverage under the policy he purchased. Neither of the agents held the proper license […]
By David Gambrill | March 14, 2018
Brokers advising property owners should bear in mind their clients may not be experts on construction and renovation, a managing general agency warns. Keeping this mind, brokers can guide clients through three processes when hiring contractors to do construction or renovation work, said Steve Hrab, senior construction underwriter for Burns & Wilcox Canada. Builders […]
By Greg Meckbach | January 12, 2018
Brokers placing home insurance should be advising clients on how to vet renovation contractors, a spokesperson for a bidding website advises. Some contractors could be working on homes without having workers compensation insurance, and while they may have insurance certificates and skilled trades licenses, such documents can easily be faked, said Nicole Silver, public relations […]
By Greg Meckbach | January 9, 2018
Companies subject to Ontario labour laws could face an additional risk of fines, penalties and orders to pay severance to terminated contractors if labour enforcement staff conclude that independent contractors are actually employees, a lawyer warned Wednesday. With Bill 148, Ontario’s ruling Liberals are “taking steps to make sure that workers are properly classified and […]
By Jason Contant | November 22, 2017
With severe weather expected to get worse in the years ahead, introducing small changes into building codes is critical, the Institute for Catastrophic Loss Reduction’s (ICLR) managing director told Canadian Underwriter on Wednesday. “We are not talking about totally revamping codes or making huge, expensive, wholesale changes,” Glenn McGillivray said. “Often times, changes can be […]
By Canadian Underwriter | November 15, 2017
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