Cunningham Lindsey Canada is sending numerous catastrophe adjusters to devastated southern Alberta, where recent mass flooding has caused insurmountable damage. The Company is sending over 30 CAT adjusters who have been working on Alberta’s claims resulting from flood and hail related damages. A standby team of adjusters and support staff will be close at hand to offer additional assistance. “We responded immediately to the request made by one of our major clients for a CAT team and we were able to pull together a team almost overnight,” Bill Hornick, CEO and president, Cunningham Lindsey Canada, says. “Fortunately, we were able to utilize the resources of our sister company in the U.S. so there has been was no impact on our other clients.”Walter Panasdir, the Catastrophe Manager for Cunningham Lindsey Canada, is overseeing the CAT efforts in Alberta. The Company intends to keep the CAT team in Alberta indefinitely while damages continue to be assessed.
Will CrowdStrike event trigger a cyber hard market?
July’s CrowdStrike flawed software update that affected an estimated 8.5 million Windows devices shouldn’t trigger the next cyber hard market or lead to significant rate increases, a cybersecurity expert said during a recent webinar. “I don’t think this one’s going to accelerate a hard market,” said James Burns, head of cyber strategy at CFC. “It […]
By Jason Contant | September 17, 2024
3 min read
