Claims

Many Canadians are driving more but are they telling their insurers?

Insurers across Canada gave drivers a break on their premiums during pandemic lockdowns to reflect a sharp reduction in the number of kilometres they were driving each month. But, even as 20% of Canadians report they’re driving to work more often than they were six months ago – and 11% said they now drive to […]

By Phil | October 6, 2022

2 min read

GRC policy includes increased compliance costs for rebuild, court rules

Guaranteed replacement cost (GRC) coverage for rebuilding a flooded home in an area regulated by a conservation authority includes the increased regulatory compliance costs required for the rebuild, Ontario’s Superior Court has ruled in Emond v. Trillium Mutual Insurance Company. In reaching its decision, the court rejected the insurer’s policy exclusion for any additional rebuilding […]

By David Gambrill | October 5, 2022

3 min read

How do truck owners calculate downtime claims?

When a business’ profits are dependent on having a truck or fleet of trucks fully operational, any downtime can lead to lost profits. For that reason, many purchase optional coverage and can make claims if a vehicle is inoperable due to theft, damage, mechanical failure or other problems. When those things happen, loss of income […]

By Phil | October 5, 2022

3 min read

No way to enforce fire codes on First Nations, and new law would be costly: document

OTTAWA – There is no way to enforce building or fire codes on First Nations and pursuing a legislative fix would require significant time and money, federal officials warn in an internal briefing document. But Blaine Wiggins, the senior director of the Indigenous Fire Marshals Service, said that enforcement gap has “catastrophic” consequences. House fires […]

By Jason Contant | October 5, 2022

4 min read