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Claims
B.C.’s Human Rights Tribunal has denied an application by insurance brokerage Shaw Sabey and Associates to dismiss a complaint lodged by one of its former employees, Adam Kwan, who is of mixed racial descent. “I want to be clear that I am not saying Mr. Kwan’s complaint will succeed,” Human Rights Tribunal Member Pamela Murray […]
By David Gambrill | May 31, 2022
4 min read
Manitoba has experienced one of the wettest springs on record, and the back-to-back storms and flooding have stretched adjusters’ resources very thin, claims professionals say. Strong winds and a rainstorm that occurred in Manitoba last evening have continued into today. This event is predicted to exacerbate flooding; an overland flood warning was issued for most of southern Manitoba […]
By Alyssa DiSabatino | May 31, 2022
3 min read
Alberta’s transition toward the Direct Compensation for Property Damage (DCPD) framework has been quite seamless for insurers and personal auto policyholders for the most part, says one industry expert, although some commercial vehicle operators who don’t want to pay for physical damage may have to make adjustments. Under DCPD, drivers who are not at-fault for […]
By Alyssa DiSabatino | May 30, 2022
Canada’s rare and deadly derecho last week seems likely to rank among the country’s Top 10 costliest insured catastrophes, Aon plc predicts. “In Canada, a rare derecho impacted densely populated metropolitan areas in Ontario and Quebec on May 21 that left at least 10 people dead and widespread significant damage to parts of Toronto, Ottawa, […]
By David Gambrill | May 30, 2022
2 min read
While fewer total losses of cargo ships worldwide is good news for marine insurers, the number of shipping casualties rose during 2021, said Allianz Global Corporate & Specialty’s (AGCS) annual Safety & Shipping Review. Globally, 54 total vessel losses were reported in 2021, 11 fewer than 2020. That’s a big improvement from the 1990s, when […]
By Phil | May 27, 2022
Canada is not ready to insure even partially automated vehicles (AVs), but the move towards fully-automated vehicles could be here by as early as 2026, warn lawyers at Borden Ladner Gervais LLP. Provincial legislatures will therefore need to update their insurance laws and regulations as soon as possible to avoid pending confusion. “Canada will need […]
By David Gambrill | May 27, 2022
No matter how much a driver might fume about the slow driver ahead, the driver behind him is still responsible for maintaining a safe distance to avoid a collision — even if the slow driver tries to block the driver behind him from passing, or stops suddenly in the middle of the street because he […]
By David Gambrill | May 26, 2022
Extreme weather events have become common, some bringing unprecedented levels of destruction to structures and facilities, overwhelming owners, property managers and insurers. In response, nearly all major insurers have created centralized Cat units dedicated to handling claims arising from extreme weather events. But while these units have improved coordination, the industry’s event response continues to […]
By Phil | May 25, 2022
The Long Weekend derecho storm in Ontario and Quebec, which spawned a tornado in Uxbridge, Ont., and resulted in over 1,000 kilometers of damage, is “very difficult” to credit as a climate change event, even though the industry is seeing more of this type of damage, says one expert. Derechos (a widespread, long-lived windstorm associated […]
By Alyssa DiSabatino | May 25, 2022
Insurers have a duty to defend in construction cases involving policy exclusions for a “work performed” or “own work,” even if the amount of property damage claimed falls under the policy deductible, Ontario’s Court of Appeal has ruled. In GFL Infrastructure Group Inc. v. Temple Insurance Company, Distillery S.E. Development Corp., Cityscape Development Corporation and […]
By David Gambrill | May 24, 2022
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