Claims 2008 conference luncheon

OIAA president Alan Gallagher presented a cheque from the OIAA for Cdn$12,400 to Big Brothers/Sisters of Canada at the Claims 2008 conference luncheon. Attendees were treated to a talk from Marc Garneau, the first Canadian in space, about his experiences traveling in outer space. Garneau shared a series of photographs of the earth taken from […]

March 31, 2008 | Last updated on October 1, 2024
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OIAA president Alan Gallagher presented a cheque from the OIAA for Cdn$12,400 to Big Brothers/Sisters of Canada at the Claims 2008 conference luncheon. Attendees were treated to a talk from Marc Garneau, the first Canadian in space, about his experiences traveling in outer space. Garneau shared a series of photographs of the earth taken from the shuttle, clearly highlighting the impact climate change has made on our planet. •

Beware of negligence lawsuits regarding property sale agreements

Claims

Beware of negligence lawsuits regarding property sale agreements

Ontario’s Court of Appeal found a home insurer, in principle, has a duty to defend a claim against a homeowner in a property sale, because a lower court can’t assume the home insurance policy’s exclusion for ‘intentional acts’ such as fraud would apply to a buyer’s claim of negligence. Nonetheless, the home insurer does not […]

By David Gambrill | September 16, 2024

3 min read

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Claims

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Flooding after Tropical Storm Debby passed through Montreal and nearby regions of Quebec in August caused $2.5 billion in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The Aug. 9 and 10 catastrophe now ranks as the costliest insured event in Quebec’s history, says Insurance Bureau of Canada. “The record-breaking […]

By Alyssa DiSabatino | September 13, 2024

2 min read

Beat the clock: Update on the national flood program

Claims

Beat the clock: Update on the national flood program

Editor’s Note: This article has been updated to show remarks incorrectly attributed to IBC’s president and CEO Celyeste Power were actually the remarks of IBC chairman Christian Fournier. CU apologizes for the error.   Provincial politics and the timing of a federal election could possibly delay or derail the proposed national flood insurance program if […]

By David Gambrill | September 25, 2024

4 min read