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Claims
For the first time in Canada, someone has been convicted of impaired driving charges causing death while paddling a canoe. “This is a unique case in that it is the first time [that] charges have been prosecuted respecting the operation of a canoe where the individual operating the canoe has consumed alcohol and marihuana prior […]
By David Gambrill | August 30, 2019
4 min read
A newly-proposed flood model can provide a real-time prediction of urban flooding caused by heavy rainfall in a changing climate, but it may not be of particular interest to insurers. “The model can be used not only for real-time flooding prediction and early-warning, which require as much lead time as possible for evacuation preparation, but […]
By Jason Contant | August 29, 2019
3 min read
HALIFAX – Heavy rain was reported Thursday in parts of the Maritimes as Erin, now a post-tropical weather system, advanced toward the region. Environment Canada issued rainfall warnings for southeastern New Brunswick, parts of western and northern Nova Scotia and western Prince Edward Island. Big downpours were reported in communities west of a line extending […]
By Greg Meckbach | August 29, 2019
2 min read
VANCOUVER – An Oklahoma court ruling that found Johnson & Johnson helped fuel the state’s opioid crisis and ordered the company to pay US$572 million could persuade drug manufacturers to settle a similar lawsuit in British Columbia, legal experts say. The decision in the United States does not directly apply to B.C. because it found […]
By Greg Meckbach | August 28, 2019
Collision claims are approaching “a new era” of data collection, intensifying the debate between the insurance industry and vehicle manufacturers over who owns the data. Thanks to the advent of connected vehicles, data generated in these cars provide valuable information to insurance companies that must handle a claim – including speed, traffic conditions, and passenger […]
By Adam Malik | August 28, 2019
A new strain of ransomware caught the attention of one cyber insurer after it experienced a surge in claims over the past few months. The Sodinokibi strain first came to the attention of specialist insurer CFC in April. Cyber criminals exploited a bug in Oracle WebLogic, a piece of software that servers use for running […]
By Jason Contant | August 28, 2019
When it comes to the most dangerous form of aggressive driving, speed stands above the rest as most likely to cause a crash. Research from the University of Waterloo has found that speeding is more likely than hard braking, hard acceleration and hard cornering to cause a vehicle to crash. The university combed through 28 […]
By Adam Malik | August 27, 2019
HALIFAX – Environment Canada is warning residents of the Maritimes to brace for a tropical storm later this week. Tropical storm Erin is expected to form later today off the Carolinas and then track northeastward toward Nova Scotia, where heavy rain and gusty winds are expected on Thursday and Friday. The storm is forecast to […]
By Greg Meckbach | August 27, 2019
1 min read
Yes, an American auto insurer can be the priority insurer for an accident that happens in Canada. An Ontario judge found last Thursday that the priority dispute provisions in the province’s Insurance Act do indeed apply to U.S.-based insurers, thus ruling against GMAC Insurance Company. GMAC insured a New York State resident who was a […]
By David Gambrill | August 26, 2019
Thanks to premium increases, a byproduct of a hardening insurance cycle, insurance professionals are facing an uphill battle in the eye of public opinion. That’s why Justin Thouin, co-founder and CEO at LowestRates.ca, wants to change how the general public thinks of insurance, and to push the industry to work together to bring rates down. […]
By Adam Malik | August 26, 2019
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