Claims

Lawsuit over flooding, catch-basin access could reach Supreme Court

A property owner who was sued for more than $100,000 over laneway flooding is hoping to appeal to the Supreme Court of Canada. Marilyn Marks owns commercial property in the community of Tottenham, Ont., about 40 kilometres north of Toronto International Airport. A catch-basin in the laneway owned by Marks was blocked. Her neighbours, Terrence […]

By Greg Meckbach | February 11, 2019

3 min read

Why leaking sewers are contributing to higher flood risk

Brand new storm and sanitary sewers are leaking water at an unacceptable rate, putting individual homes at higher risk of flooding, a civil engineer said last week at the CatIQ Connect conference in Toronto. “We have allowable leakage, a little water is fine,” said Barbara Robinson, president of Norton Engineering in Kitchener, Ont. “I’m talking […]

By Jason Contant | February 11, 2019

3 min read

Executive challenges brokers regarding earthquake take-up rates in Quebec

Sparks flew during a recent conference discussion about mortgage impairment and earthquake loss, when a senior reinsurance company executive drew a link between the practices of Quebec brokers and the low take-up rates of earthquake insurance in the province. Philipp Wassenberg, president and CEO of Munich Reinsurance Company of Canada, was a panelist speaking at […]

By Jason Contant | February 8, 2019

3 min read

B.C. auto insurer heading for billion dollar loss

VICTORIA – British Columbia’s attorney general says the financial situation with the province’s public auto insurance agency is critical and getting worse. David Eby says the Insurance Corporation of B.C. lost $860 million for the first nine months of its fiscal year, $273 million higher than expected. He says that puts the Crown corporation on […]

By Greg Meckbach | February 8, 2019

1 min read