Claims
When Jill Laviolette started picking debris off Cape Palmerston beach on Vancouver Island following the container spill from the MV Zim Kingston freighter, the inflatable dinosaur and unicorn toys she pulled from the sand looked nearly pristine. More than a year later, consumer goods from some of the ship’s 109 lost containers still wash up […]
By Jason Contant | December 8, 2022
6 min read
ICBC reportedly had 3,567 claims on Nov. 29, compared to 1,837 claims Tuesday the week prior.
By Alyssa DiSabatino | December 7, 2022
2 min read
The mayor describes the response to heavy snowfall in the region last week as a “recent failure of provincial highway winter maintenance.''
By Jason Contant | December 6, 2022
Inflation is a problem because it can lead to publicly traded companies missing revenue targets that get them sued, sparking insurance worries
By Phil | December 6, 2022
3 min read
Business interruption (BI) and related losses from the coronavirus pandemic could have been “catastrophic” for insurers had policy wordings not been precise enough to prevent massive payouts following court challenges.
By Alyssa DiSabatino | December 6, 2022
Winter storms and severe rain or flooding events top the list of insured perils concerning Canadians, according to an Angus Reid poll.
By David Gambrill | December 5, 2022
With January’s reinsurance renewal period quickly approaching, the impact of major cat events on property insurers remains to be seen, said a new report from Navacord brokerage Lloyd Sadd. Catastrophic losses are making leading property insurers selective about the amount of capacity they’ll deploy on any one risk, and on which risks they’ll deploy that […]
By Alyssa DiSabatino | December 5, 2022
Insurance adjusters are having a hard time finding everything from copper pipes to furniture when helping people get back to their homes
By Phil | December 2, 2022
The current macroeconomic environment is driving the elevation in claims costs for physical damage and repair.
By Jason Contant | December 1, 2022
Facility Association is on the hook when insured drivers seek compensation for injuries sustained when uninsured car-jackers steal their cars.
By David Gambrill | December 1, 2022
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