Clik here to view.
Professional Insurance Agents Offer Post-Disaster Claims Filing Tips
Source: National Association of Professional Insurance Agents The devastating tornadoes that ripped through Moore, Oklahoma and surrounding communities will cause many consumers to file insurance...
View ArticleClik here to view.
Bank of Montreal settles 2010 lawsuit over alleged $70M mortgage scam
CALGARY _ The Bank of Montreal (TSX:BMO) has reached a settlement in a 2010 lawsuit over an alleged $70-million mortgage scam in Alberta. The bank had sued more than 100 people including lawyers,...
View ArticleClik here to view.
FHA chief says agency may need nearly $1 billion bailout because of reverse...
By Andrew Miga THE ASSOCIATED PRESS WASHINGTON _ The Federal Housing Administration may need as much as a $1 billion rescue package before the end of the year to bolster its reserves despite efforts to...
View ArticleClik here to view.
Unusual Claim of the week: Scared Jobless
By Caterina Pontoriero, PropertyCasualty360 The inventory specialists with claims pros Enservio visit some strange homes, but none of them were prepared to handle a domicile that was supposedly...
View ArticleClik here to view.
Unusual Claim of the week: Cash on the Books
By Caterina Pontoriero, PropertyCasualty360 Oftentimes as an insurance agent, you need to have a “What can go wrong, will go wrong” outlook. However, not everyone thinks with an insurance-centric mind,...
View ArticleClik here to view.
IBC offers safety tips to protect your home from wildfire risk
Source: Insurance Bureau of Canada REGINA _ With the first day of summer arriving June 21, 2013 Insurance Bureau of Canada (IBC) urges vulnerable Saskatchewanians to take precautions to prepare their...
View ArticleClik here to view.
Crawford & Company (Canada) Inc. Assisting with Claims
TORONTO _ On June 20, torrential rains caused widespread flooding in many parts of Southern Alberta. Evacuation orders have been issued to over 75,000 residents in low-lying areas and a state of...
View ArticleClik here to view.
Parts of flooded Alberta assessing the damage while others brace for the worst
By Lauren Krugel and Chinta Puxley THE CANADIAN PRESS Floodwaters were receding in southwestern Alberta on June 23, 2013 allowing some residents into their houses to assess damage, but thousands...
View ArticleClik here to view.
Not all flooding covered by insurance, policies need to be checked
By LuAnn LaSalle THE CANADIAN PRESS Alberta homeowners hoping to make claims for flood damage won’t get help for water that poured through doors or basement windows, the Insurance Bureau of Canada said...
View ArticleClik here to view.
Uninsurable homes in Canada’s future: insurance, climate change expert predicts
By Joan Bryden THE CANADIAN PRESS OTTAWA _ Millions of Canadians living in many parts of the country could find their homes declared uninsurable, as the insurance industry grapples with skyrocketing...
View ArticleClik here to view.
July Brings Fire from the Sky
Aurora, Ontario: Lightning is one of nature’s most underestimated dangers. According to data compiled by Environment Canada, Canada receives an annual average of 2.4 million lightning strikes, killing...
View ArticleClik here to view.
Lightning-Caused Arizona Wildfires Destroy Homes; 19 Firefighters Dead
By Anya Khalamayzer, PropertyCasualty360 A member of the Prescott Fire Department’s Granite Mountain Hot Shots carries his equipment Prescott, Ariz. (Photo distributed by the Prescott Fire Dept.) A...
View ArticleClik here to view.
Workers in downtown Calgary return after flood, but parking could be scarce
CALGARY _ Many people who work in Calgary’s downtown core are returning to their jobs July 2 for the first time since severe flooding almost two weeks ago. The city’s Bow and Elbow rivers surged over...
View ArticleClik here to view.
Unusual Claim of the week: Oh, Those Old Royal Things?
By Caterina Pontoriero, PropertyCasualty Oh, Those Old Royal Things? Working with many high-net-worth clients, Kirkpatrick has dealt with some characters. When working with one such claimant after a...
View ArticleClik here to view.
Flood insurance changes run into resistance now that rates skyrocketing, home...
By Andrew Taylor THE ASSOCIATED PRESS WASHINGTON _ Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners...
View ArticleClik here to view.
Commercial Lines Insurers Can Learn from the Past: Part 1
If technology has taught us anything over the last decade it’s that we can’t expect things to stay the same indefinitely. A recent study by the Deloitte Center for Financial Services gives us another...
View ArticleClik here to view.
Calgarians upset over denied sewer backup insurance claims following floods
By John Cotter CALGARY _ Some homeowners are banding together in an attempt to name and shame insurance companies that have rejected their claims for sewer backup damage following recent floods....
View ArticleClik here to view.
Commercial Lines Insurers Can Learn from the Past: Part 2
Prasad also believes carriers must provide a greater level of self service for policyholders while still engaging the agent/broker community more effectively. “They need to make these tools add to what...
View ArticleClik here to view.
Back in the saddle: Stampede finalized as Calgary’s state of emergency lifted
By Bill Graveland THE CANADIAN PRESS CALGARY _ Yahoo! Two weeks after extensive flooding that turned part of downtown Calgary into a lake and forced up to 100,000 southern Albertans from their homes,...
View ArticleClik here to view.
Some insurance firms stepping up to cover Alberta flood sewer backup claims
CALGARY _ Some flood-weary homeowners in southern Alberta have something to celebrate after their insurance companies had a change of heart about covering sewage backup claims. The basement of Joanne...
View Article
