Commercial
Two confirmed tornadoes ripped through the Ottawa-Gatineau area late Friday afternoon, critically injuring five and causing extensive damage to homes, cars and commercial buildings. Environment Canada confirmed Sunday that an EF-3 category twister hit Dunrobin, Ont., a suburb northwest of Ottawa. The national weather agency said the tornado’s wind speeds reached up to 265 km/h. A […]
By David Gambrill | September 22, 2018
2 min read
All it takes is a spark. From a sander. Or errant cigarette. And POW! Igniting common, flammable construction materials like wood, solvents, packaging, and gasoline and turning a work in progress to a pile of ash. It’s a powerful blow to any construction firm and property owner. Fire is the leading cause of losses during […]
By Baxter Hall | August 28, 2018
3 min read
Reducing the risk of wildfire, several communities in western Canada are using development permits as a way to address construction of new residential development in the wildland-urban interface, the Institute for Catastrophe Loss Reduction (ICLR) noted in a recent report. More than a dozen communities in British Columbia and Alberta have begun to use development […]
By Jason Contant | June 1, 2018
With continued legal challenges and protests surrounding construction of the proposed new Kinder Morgan pipeline, potential insurance repercussions could be just around the corner. An Insights West opinion poll released last month found that more than one in 10 British Columbians were willing to engage in “civil disobedience” to stop Kinder Morgan from building a […]
By Jason Contant | May 28, 2018
Supertall structures, buildings more than 300 metres high or 90 storeys tall, are in vogue right now, raising interesting insurance challenges, according to a recent industry trends report released by the Insurance Institute of Canada. “Increasingly complex high-rise building projects present significant risk challenges, meaning insurance claims and risk consulting services are particularly important on […]
By David Gambrill | May 3, 2018
OTTAWA – Municipalities will have to grapple with a host of thorny issues once recreational cannabis is legalized in Canada – but it’s the matter of home-grown marijuana plants that’s expected to cause them the biggest headaches. The Federation of Canadian Municipalities has developed a guide to legalization, released Monday, to help identify the challenges […]
By Jason Contant | April 18, 2018
Sarah Robson will replace Chris Lay as president and CEO of Marsh Canada, the New York City-based commercial brokerage announced Friday. Robson currently works in New York as managing director in Marsh’s United States business and global relationship manager in Marsh’s Insurer Consulting Group. She is a former specialties leader at Marsh Canada. Lay was […]
By Greg Meckbach | April 13, 2018
1 min read
Given a recent movement afoot to increase height limits for wood frame buildings in Canada, property insurance underwriters need to be wary of writing risks for such structures, an expert with one insurer notes. A private members’ bill (Bill 19) tabled on March 22 would allow wood frame buildings up to 14 storeys in Ontario. […]
By Greg Meckbach | April 3, 2018
CAA Manitoba, also licensed as MML Club Services Ltd. and CAA Manitoba Travel, has been fined $3,000 by the province’s insurance regulator after two agents sold an annual travel accident and sickness policy to a commercial trucker who was excluded from coverage under the policy he purchased. Neither of the agents held the proper license […]
By David Gambrill | March 14, 2018
Brokers advising property owners should bear in mind their clients may not be experts on construction and renovation, a managing general agency warns. Keeping this mind, brokers can guide clients through three processes when hiring contractors to do construction or renovation work, said Steve Hrab, senior construction underwriter for Burns & Wilcox Canada. Builders […]
By Greg Meckbach | January 12, 2018
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