Editor’s note: This is the second of a two-part series on the biomechanics of rider falls from e-scooters. Part 1 appeared Aug. 25. Road safety is directly linked to maintenance standards. In Ottawa, the city’s recommended maintenance quality standard applies to bridges, and paved and treated road surfaces that include cycling lanes, and paved […]
By Phil | September 8, 2023
3 min read
OTTAWA – The latest federal government forecast says Canada’s already unprecedented 2023 wildfire season could continue late into the fall or winter. Energy and Natural Resources Minister Jonathan Wilkinson says there is potential for increased wildland fire activity from eastern Alberta through to central Ontario at least until the end of this month, while fires […]
By Jason Contant | September 7, 2023
2 min read
Hurricane Lee is strengthening into a powerhouse Category 5 storm, and some preliminary scenarios suggest it could hit Atlantic Canada as a tropical storm sometime next week, AccuWeather is forecasting. “Lee poses a risk to people from the northern Caribbean to the eastern Bahamas, the East Coast of the United States, Bermuda, and Atlantic Canada […]
By David Gambrill | September 7, 2023
3 min read
Wildfires in British Columbia and Northwest Territories continue to present a mixed bag of claims for P&C adjusters. Claims adjusters are seeing a variety of both residential and commercial losses. “Major loss, total losses and less severe claims as well,” Walter Waugh, vice president of loss adjusting & global technical services for western Canada with […]
By Jason Contant | September 6, 2023
3 min read
For several years, Canadian P&C insurance brokers climbed through a hard market in virtually all commercial specialty lines. Now, industry analysts have told Canadian Underwriter, that climb has plateaued in both the cyber and directors and officers (D&O) lines. “Now it’s a little easier,” reported Denise Hall, national broking director at Aon Canada. “The market’s […]
By Phil | September 5, 2023
5 min read
Ontario’s Licence Appeal Tribunal has rejected a claim for auto accident benefits arising from psychological symptoms, finding that while these symptoms happened after the crash, they were not caused by the crash. Also, the adjudicator found the injured insured’s doctors relied too heavily on her self-reporting. Eleonor Quinn was involved in two automobile accidents, one […]
By David Gambrill | September 5, 2023
4 min read
OTTAWA – A newly released federal memo concedes Canada is “trailing key international partners” who have updated their approaches to securing vital utilities and services from a growing array of risks. The Public Safety Canada memo says “new and rapidly evolving threats pose a greater risk of harm to Canadians and their cyber, economic and […]
By Jason Contant | September 5, 2023
3 min read
Intact Financial Corporation is projecting $570 million Cdn in pre-tax losses due to wildfires in 2023 Q3, the company announced Thursday. Intact has a national Canadian P&C insurance market share of 18.7% based on $12.6 billion of net premiums written in 2022, according to MSA Research figures published in Canadian Underwriter’s 2023 Stats Guide. DBRS […]
By David Gambrill | September 1, 2023
3 min read
The headwinds facing commercial property premiums won’t abate anytime soon for the majority of clients, Gallagher’s Canada 2023 Mid-Year Market Conditions Report suggests. The cost of reinsurance in Canada is still trending upward, triggered by a series of catastrophe losses — including upward of $50 billion in losses due to Hurricane Ian in 2022 […]
By Alyssa DiSabatino | September 1, 2023
3 min read
Car thefts are way up in Canada and that’s got the attention of property and casualty (P&C) insurers. Thefts have risen particularly fast in the greater Toronto area, Montreal and some other parts of Quebec, noted Paul Gilbody, SVP operations for Central Canada at ClaimsPro. In some cases, thieves target certain car types simply because […]
By Phil | September 1, 2023
3 min read