A proposal to ban tobogganing at all but two municipal parks in a city east of Toronto is drawing criticism from lawyers who say the plan won’t boost safety and could limit access to the popular winter pastime. But the idea also appears to be in line with restrictions enacted by other Ontario municipalities, an […]
By Jason Contant | January 19, 2023
2 min read
MONTREAL – The investigation into the causes of a fatal blast at a propane company north of Montreal could be long and complex, police said Tuesday after three bodies were found at the site. Officials are dealing with a “vast” scene complicated by snow, hazardous materials and objects that were projected far from the scene, […]
By Jason Contant | January 18, 2023
3 min read
Severe weather events in 2022 gave Canada its third worst year for insured damage in the country’s history. Insured damage for severe weather events across Canada hit $3.1 billion last year, the third-highest total of NatCat losses in the nation’s history, according to Insurance Bureau of Canada (IBC) and numbers supplied by Catastrophe Indices and […]
By Phil | January 18, 2023
3 min read
In a true chicken-and-egg argument, an Ontario man claimed his “reasonable explanation” for taking two years to inform his auto insurer about his injuries from a 2019 accident is because he never received the Application for Accident Benefits (OCF-1) form from his insurer. Trouble was, the insurer never sent him the form, because he had […]
By David Gambrill | January 17, 2023
3 min read
Cyber incidents are the new top business concern for Canadian companies in 2023, according to the Allianz Risk Barometer 2023. The top three risks in Canada are cyber incidents (35%), the skilled workforce shortage (33%) and climate change (29%), the findings showed. Results differed from last year, when business interruption, cyber incidents and climate […]
By Alyssa DiSabatino | January 17, 2023
3 min read
Cargo theft across Canada and the U.S. rose by 15% in 2022 from the previous year, equal to 1778 recorded theft incidents, a cargo theft recording firm reports. And cargo insurers should be aware of an emerging threat: fictitious cargo thefts. Theft events of at least one heavy commercial vehicle (i.e., a semi-truck or […]
By Alyssa DiSabatino | January 16, 2023
2 min read
Underwriting margins for reinsurers will likely grow by an average four percentage points during 2023, said a new report from Fitch Ratings. Key factors for the increases are significant price rises, tighter terms and conditions, as well as the withdrawal of cover related to the war in Ukraine, it added. “Prices rose sharply in the […]
By Phil | January 16, 2023
2 min read
British Columbia’s Civil Resolution Tribunal (CRT) has dismissed a condo unit owner’s request for $50,000 in punitive damages following sporadic sewer backups over a 20-year period. But the tribunal awarded the owner $3,000 for loss of enjoyment of his unit. In Soti v. The Owners, Strata Plan VR 643, CRT member Micah Carmody found the […]
By Jason Contant | January 16, 2023
4 min read
HALIFAX – Schools across much of Atlantic Canada are closed today as a sprawling winter storm continues to linger over the region. Rainfall and freezing rain warnings remain in effect for all of New Brunswick and P.E.I., and most parts of Nova Scotia and Newfoundland and Labrador. Meanwhile, more than 55,000 homes and businesses in […]
By Jason Contant | January 16, 2023
1 min read
Ontario’s 133 fire-related deaths during 2022 were the highest in more than 20 years, the province’s Fire Marshal Jon Pegg said in a Jan. 3 tweet. In comparison, 2021 saw 124 fire-related deaths. There were 115 fire-related deaths in 2020 and 72 in 2019. At news conferences and over social media, municipal and regional fire […]
By Phil | January 13, 2023
2 min read