Claims

The impact of Dorian on Canada’s P&C industry

Hurricane Dorian is definitely a catastrophe-level event for Canadian insurers, probably with huge business interruption losses and possibly bigger than 2016’s Hurricane Matthew, industry experts said Monday. “Business interruption is going to be huge on the commercial book of business,” said Kumar Sivakumaran, vice president of national operations at SCM’s ClaimsPro unit, in an interview […]

By Greg Meckbach | September 9, 2019

3 min read

Subrogated claim confirms obligations of homeowners using heating oil

If your client’s home is heated by oil supplied from an outdoor tank, do they need to conduct annual maintenance? This question came up in a recent subrogated home insurance claim. A Court of Appeal for Ontario ruling released this past Wednesday means if your clients are not taking some action with regard to their […]

By Greg Meckbach | September 6, 2019

3 min read

Cybercriminals manipulate their way into company computers

NEW YORK – The cybercriminal who steals information or money from a small business is probably a master of deception and manipulation as well as a techno-expert. When Nancy Butler got a call from someone claiming to be from her information technology service two years ago, she assumed it was a routine checkup by a […]

By Greg Meckbach | September 6, 2019

4 min read

Dorian tracking to pack hurricane-force winds when it hits Atlantic Canada

Hurricane Dorian will likely pass over Nova Scotia and Prince Edward Island with hurricane force winds, before developing into a post-tropical storm over Newfoundland and Labrador, according to the latest projections from the Canadian Hurricane Centre (CHC). A tropical cyclone statement from CHC released early Thursday morning said “the most likely track projection” brings Hurricane […]

By Jason Contant | September 5, 2019

3 min read