Developing and effectively using the pool of Canadian claims adjusters for catastrophe response is a problem that continues to keep adjusting firms up at night, experts told a CatIQ Connect panel on Wednesday. “Most people don’t realize that seven of the biggest IA [independent adjusting] firms in this country rely on American and international support,” […]
By Alyssa DiSabatino | February 10, 2023
3 min read
The president of the Grape Growers Association of Nova Scotia says it will take years for vineyards to recover from the recent extreme cold snap. Steve Ells says between 95 and 100 per cent of Nova Scotia-grown vinifera variety grapes — used for Chardonnays, Pinot noirs and Rieslings — were lost because of the extreme […]
By Alyssa DiSabatino | February 10, 2023
1 min read
With an eye toward improving driving habits, Facility Association (FA) announced the launch of a telematics program for truck drivers in Alberta, effective May 1, 2023. It said the program’s objective is to help drivers and operators correct poor driving behaviours that are observed through a video-enabled telematics device. Program enrollment is voluntary but participants […]
By Phil | February 9, 2023
3 min read
An auto insurer does not have to state a medical reason for terminating a claimant’s income replacement benefits (IRBs) if there is another legal, non-medical ground for doing so (such as a return to work, for example), the Ontario Court for Appeal has confirmed. Although this seems like something Captain Obvious might say, Ontario’s divisional […]
By David Gambrill | February 9, 2023
4 min read
Wild and wacky weather events like atmospheric rivers, derechos and bomb cyclones may seem new because of recent media coverage, but they’ve been known and named phenomena for quite some time in the history of meteorology and atmospheric science, speakers said Tuesday at the CatIQ Connect conference. What’s new is that they appear to be […]
By Jason Contant | February 9, 2023
3 min read
PRINCE RUPERT, B.C. – Charges have now been laid against a tug and barge company and one of its senior officials two years after a tug sank off British Columbia’s coast south of Kitimat, killing the captain and one crew member. Court documents show a total of eight counts have been laid against Wainwright Marine […]
By Jason Contant | February 9, 2023
2 min read
Despite lower inflation, Intact Insurance is nevertheless predicting an ongoing hard market in Canada in 2023 because of higher reinsurance rates and elevated natural catastrophes. “Looking at the [Canadian P&C insurance] industry, we see hard market conditions continuing, given rising reinsurance costs, elevated Cat-level losses and inflation pressures,” Intact Financial Corporation CEO Charles Brindamour commented […]
By David Gambrill | February 8, 2023
3 min read
Alberta’s energy regulator has given Imperial Oil until the end of the month to figure out a way to fix ongoing seepage at a tailings pond at its Kearl oilsands mine. The Alberta Energy Regulator says a pond on the site north of Fort McMurray, Alta., has been seeping since May, releasing thousands of cubic […]
By Jason Contant | February 8, 2023
1 min read
The best way to get consumers to buy earthquake insurance in provinces like Quebec is to find a balance between highlighting the benefits of early intervention and not making the narrative too scary, a research social scientist told delegates at CatIQ Connect Tuesday. “One of the biggest challenges we have is to talk to people […]
By Jason Contant | February 8, 2023
3 min read
Repairs outlined in an insurance company’s assessment of damages at a British Columbia condo must be made by the strata, said a decision from the province’s Civil Resolution Tribunal (CRT). Applicants in Rolfe v. The Owners, Strata Plan EPS3064 claimed the strata would not make common property roof and exterior repairs recommended in an inspection report […]
By Phil | February 8, 2023
3 min read