Quebec floods cause claims surge, 70,000 filed after torrential rainstorm

Insurers received approximately 70,000 claims after Tropical Storm Debby flooded southern Quebec in August, the Insurance Bureau of Canada (Quebec) reports.  That’s more than ten to seventeen times the usual volume, “and claims continue to come in,” says Line Crevier,…The post Quebec floods cause claims surge, 70,000 filed after torrential rainstorm appeared first on Canadian Underwriter.

Why insurers won their appeal in this $9.7-million pollution claim

Three commercial insurance providers in Alberta won their appeal in a $9.7-million pollution claim regarding when a gas pipeline leak was “detected.” In Paramount Resources Ltd v Chubb Insurance Company of Canada, the Alberta Court of Appeal found a lower…The post Why insurers won their appeal in this $9.7-million pollution claim appeared first on Canadian Underwriter.