Claims

What the court said when property owners refused to submit a Final Proof of Loss

Westland Insurance Company was within its rights to assume a contentious, two-year insurance claim had been resolved when two Victoria, B.C., property owners refused to submit a “Final Proof of Loss” form that had been filled out for them to sign, the B.C. Appeal Court has found. Westland paid the property owners $224,325 for a […]

By David Gambrill | April 20, 2021

4 min read

How the feds’ budget benefits the P&C industry

Insurers are hoping it will be easier for homeowners to borrow money to raise their structures in areas at risk of flood or to replace roofs in wildfire-prone regions as a result of the federal budget announced Monday. In her budget speech Monday, Deputy Prime Minister Chrystia Freeland said the government is proposing to spend […]

By Greg Meckbach | April 20, 2021

3 min read

Flames destroy unfinished condo in Langley, B.C., force nearby residents to evacuate

LANGLEY, B.C. – A huge fire has destroyed two six-storey condominium towers under construction in Langley, B.C. The fire broke out at around 9:30 p.m. Monday at the development in Langley’s Willoughby neighbourhood, about 45 kilometres east of Vancouver. The scorched remains of two elevator shafts were the only things left standing and firefighters continued […]

By Jason Contant | April 20, 2021

1 min read

Toilet trouble means strata owner must reimburse corporation’s $5,000 deductible

A British Columbia townhouse owner whose toilet overflowed and caused damage has to pay the $5,000 deductible on the strata corporation’s insurance claim, the B.C. Civil Resolution Tribunal (CRT) has ruled. Jefferson Wu is the principal of Kwan-Wu Holdings Ltd., a corporation that owns a strata unit in a townhouse complex. The unit is comprised […]

By Greg Meckbach | April 19, 2021

3 min read