CHARLTON-DACK, ONT. – The Municipality of Charlton and Dack is making an application to the Disaster Recovery Assistance Program through the provincial government to help with costs related to repairing damaged culverts and roads caused by the April 12 rainstorm. Approximately 70 millimetres of rain (three inches) fell in a short period of time causing […]
By Jason Contant | May 16, 2024
2 min read
Insurers and regulators are waving the flag that legal costs are the biggest factor driving up auto insurance premiums for Albertans. That’s the focus of a newly launched campaign by Insurance Bureau of Canada (IBC), which finds lawsuits and legal fees associated with insurance claims account for 20% of drivers’ premiums for mandatory auto coverage […]
By Alyssa DiSabatino | May 16, 2024
2 min read
Canada’s auto theft crisis appears to be getting worse, with new data from Insurance Bureau of Canada (IBC) showing auto theft claims topping $1 billion for the second year in a row. In 2023, the cost of insurance claims for replacing stolen vehicles in Canada skyrocketed to a record-breaking $1.5 billion, according to IBC data […]
By Jason Contant | May 16, 2024
2 min read
Most insurance customers buy a policy and set it aside. What people don’t tend to do is dedicate three hours to reading and understanding that document’s terms, notes new ClaimsPro president Paul Gilbody. “You kind of stick it in a drawer or put it in a file on your email and leave it. It’s only […]
By Phil | May 15, 2024
2 min read
The current economic environment is leading to more complex claims handling for the transportation sector, a senior claims adjuster tells Canadian Underwriter. Canada’s transportation industry is facing financial hardships, including low freight rates, high interest rates and increased expenses. All this affects trucking companies and, in turn, the complexity of claims, says John Seyler, vice […]
By Jason Contant | May 15, 2024
3 min read
Thousands of people in Western Canada remain displaced from their homes as wildfires threaten their communities, triggering evacuation orders and alerts. In British Columbia, a widening area around the northeastern community of Fort Nelson is under evacuation, with the Parker Lake wildfire burning close by and the larger Patry Creek wildfire raging to the northwest. […]
By Jason Contant | May 15, 2024
2 min read
A wildfire just outside the community of Fort Nelson has grown as residents in British Columbia’s northeast receive more evacuation orders. An updated estimate from the BC Wildfire Service says the blaze spans 84 square kilometres, a significant increase since Monday, when it was mapped at about 53 square kilometres in size. Forecasts are calling […]
By Jason Contant | May 14, 2024
2 min read
To determine required water flow to fight fires on new developments, the 1999 Fire Underwriters Survey is more than just a technical standard, it’s the City of Calgary’s “policy,” the Court of Appeal of Alberta has ruled. And since Calgary has adopted the private insurance industry document as a policy, it must therefore post the […]
By David Gambrill | May 14, 2024
3 min read
A state or state-sponsored actor was likely responsible for a series of cybersecurity attacks targeting British Columbia government networks, Mike Farnworth, B.C.’s public safety minister and solicitor general, said Friday. He said he personally did not know the identity of the state or state-sponsored actor, and was currently not prepared to identify them if he […]
By Jason Contant | May 13, 2024
3 min read
Fort Nelson, B.C., is about 1.5 km away from becoming the first major natural catastrophe of Canada’s 2024 wildfire season. The town’s mayor noted wind conditions are putting the community in peril, and evacuation orders have been given to approximately 4,700 people who live in Fort Nelson and Fort Nelson First Nation. Fort Nelson is […]
By David Gambrill | May 13, 2024
3 min read