Document everything, insurance lawyer urges Albertans returning to flooded homes

Document everything, insurance lawyer urges Albertans returning to flooded homes

‘Take lots of photos, don’t take a denial at face value, make notes’

The excerpted article was written by CBC News 

As Northern Alberta residents discover the extent of flooding damage to their homes and businesses, a Fort McMurray lawyer offers a few practical tips that could pay off later in dealings with insurance companies.

Take photos. Make lists. Understand your policy. And don’t give up if your claim is initially denied.

“They’ve just been back to the property for the last day or two and the news is pretty heartbreaking,” said Christine Burton, a Fort McMurray lawyer who has worked through insurance issues with numerous residents in recent years.

“People are dealing with the shock and impact of cleaning up,” Burton told CBC Radio’s Edmonton AM on Tuesday. “We’re telling people, ‘Please, take lots of photos, don’t take a denial at face value, make notes. Stay safe.'”

More than 14,000 people were evacuated as a result of recent river flooding in and around Fort McMurray, as well as along the Peace River.

As people progress from clean-up to rebuild, it is critical that they understand their insurance policies, even if it means hiring a lawyer to work through “subtle” policy language, said Burton.

Most policies won’t include coverage for overland flooding, when water flows over dry land before entering a property through doors or windows.

“It’s often a special endorsement you can buy. It’s very often expensive,” Burton said. The cost depends on the flood risk in the area where you live.

However, property owners whose policy includes a special endorsement for sewer backup may be able to get some money from their insurance companies.

“Take photos of your basements, the drains, the sump pump. Make notes of everything that’s happening, make lists of everything that you’ve lost.

“Fort McMurray has become a little bit of an expert, unfortunately, at insurance claims through fire —  and we’re still dealing with some of those claims,” Burton said. “Don’t take a denial at face value. You can challenge this. Understand your policy.”

Don Scott, mayor of the Regional Municipality of Wood Buffalo, has said he expects residential damages from the flooding in Fort McMurray could top $100 million.

In a statement, the Insurance Bureau of Canada said overland and sewer backup coverage are the key parts of a policy that pertain to flooding events but both of these are optional and must be added to home insurance policies.

Properties in high-flood areas may not be offered the coverage, the statement said.

“If a home has flood damage from this event but did not purchase the optional overland flood insurance or it was not available as the area is high-risk for flood, the policy would not cover the damages,” Celyeste Power, vice-president for the insurance bureau’s western region, said in the statement.

Property owners not covered by insurance may be able to access provincial disaster relief funding. Alberta Premier Jason Kenney has said the provincial disaster relief program will likely be triggered for Wood Buffalo flooding.

Under that program, the government would provide some financial support for recovery costs for critical public infrastructure and non-insured private infrastructure.

Between 2009 and 2019, insurers paid out an average $1.9 billion per year on catastrophic flooding claims, compared with an average $422 million annually in the period from 1983 until 2008, according to Insurance Bureau data.

More than $2 billion in insured losses resulted from the June 2013 flooding event in southern Alberta, which caused $6 billion in damages and displaced 100,000 people.

CBC News

Insurance in Canada: Coronavirus (COVID-19) Sector Impact

Insurance in Canada: Coronavirus (COVID-19) Sector Impact

NEW YORKMay 4, 2020 /PRNewswire/ — Insurance in Canada: Coronavirus (COVID-19) Sector Impact

Summary

Read the full report: https://www.reportlinker.com/p05890931/?utm_source=PRN

‘Insurance in Canada: Coronavirus (COVID-19) Sector Impact’ report provides brief review of the key trends and evolving developments that shape the impact of the COVID-19 outbreak in the Canadian insurance industry.

‘Insurance in Canada: Coronavirus (COVID-19) Sector Impact’ report provides a snapshot of the impact on the Canadian insurance industry in light of the COVID-19 outbreak.

It provides the impact of COVID-19 on the Canadian economy, the key business lines impacted by the virus outbreak and the revised market sizing estimates against pre-COVID-19 forecast period (2019-2023) across business segments of life and general insurance.

The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics in the country.

Key Highlights
– Economic Impact.
– Impact of COVID-19 outbreak in the Canadian insurance industry.
– Key measures undertaken at both policy and regulatory level.

Scope
This report provides a comprehensive analysis of the impact of COVID-19 in the Insurance Industry in Canada –
– It provides historical values for the Canadian insurance industry for the report’s 2015-2019 review period, and pre-covid-19 projected and revised projected figures for the 2019-2023 forecast period.
– It offers an impact analysis of the key categories due to the COVID-19 outbreak in the Canadian insurance industry, and market forecasts and revised forecasts to 2023.

Reasons to Buy
– Make strategic business decisions using in-depth historic and forecast market data related to the Canadian insurance industry, and each category within it.
– Understand the key dynamics, trends and growth opportunities in the Canadian insurance industry.
– Identify growth opportunities in key product categories.

Read the full report: https://www.reportlinker.com/p05890931/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

Related Links

www.reportlinker.com

Canada: Alberta Limitations Under The Insurance Act

On April 2, 2020, Field Law reported that the limitations periods in various statutes had been suspended due to the impact of COVID-19. We noted that certain statutes were not included in the suspension order including the Insurance Act. Field Law wishes to clarify that, pursuant to the Public Health Act, the only statutes that could be included in Ministerial Order 27/2020 are those under the authority of the Minister of Justice and Solicitor General. The Insurance Act was not included in the Ministerial Order as that legislation falls outside the Justice portfolio. At present, limitations under the Insurance Act continue to run and no suspension of the limitations under that Act has been ordered as of yet.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Field Law:

SSQ Insurance sponsors mental well-being program Stronger Minds by BEACON

As Mental Health Week kicks off, SSQ Insurance is pleased to announce its contribution to the Stronger Minds by BEACON program as a way to support the mental well-being of Canadians. SSQ Insurance is now a proud sponsor of this free digital program, created to help during the pandemic through resources provided by a team of clinical psychologists.

Always committed to supporting its customers and the community, particularly during a period that is highly stressful for many, SSQ Insurance is lending its support as a sponsor of this program created to help with the specific emotional well-being concerns faced by the population. Launched at the beginning of April, this initiative has already provided valuable support to many people turning to the program for help coping with social isolation, stress, financial insecurity or the need to be resilient for the sake of their loved ones.

“We are already a BEACON partner, offering its digital cognitive behavioural therapy services. And now SSQ Insurance has decided to join forces with the Stronger Minds program and contribute to the development of this innovative tool, which meets a real need in society, given the new reality we are currently facing. The support of sponsors like SSQ Insurance allows BEACON to continue offering its program free of charge to the entire population, to promote it while contributing to its broader use,” said Éric Trudel, Senior Vice-President of Strategy and Product Management at SSQ Insurance.

We are very happy to have the support of SSQ Insurance and be able to continue developing this program to respond to the mental health needs of all Canadians and help them get through these difficult times. Canadians are in this together and we are here with them, and for them,” said Sam Duboc, Chair and CEO of MindBeacon Group.

Information about the Stronger Minds program is available at mindbeacon.com/strongerminds.

To help cope with worry, stress and fear, a number of resources are available to SSQ Insurance’s clientele during these difficult times. More information is available at ssq.ca/psychological-assistance.

About SSQ Insurance
Founded in 1944, SSQ Insurance is a mutualist company that puts community at the heart of insurance. With $13 billion in assets under management, SSQ Insurance is one of the largest insurers in the Canadian industry. Working for a community of over three million customers, SSQ Insurance employs 2,000 people. Leader in group insurance, the company also sets itself apart through its expertise in individual life and health insurance, general insurance and the investment sector. For more information, go to ssq.ca.

About MindBeacon Group
The MindBeacon Group of companies is dedicated to helping Canadians improve their mental well-being to live their best lives. MindBeacon provides evidence-based therapy that is affordable and easy-to-access through BEACON™, the guided digital therapy service (iCBT) which has helped thousands of Canadians struggling with depression, anxiety, insomnia and posttraumatic stress injury (PTSI/PTSD). MindBeacon provides in-person and video therapy through CBT Associates, a leading psychology clinic network.

SOURCE SSQ Insurance

Related Links

ssq.ca

Drivers fear move by company will force them back to work to cover expenses despite health risks

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Remembering Their Sacrifice – 75 Years Since the Liberation of the Netherlands

Remembering Their Sacrifice – 75 Years Since the Liberation of the Netherlands

In May 2000, the late Cliff Chadderton (1919 – 2013) led a parade of fellow Canadian veterans through the streets of Apeldoorn, Netherlands, where they were met with cheering crowds and words of “thank you.” This May marks 75 years since Canadians sacrificed life and limb to help liberate the Netherlands from Nazi occupation.

Chadderton lost part of his right leg while in command of a company of The Royal Winnipeg Rifles battling for the Scheldt Estuary in Belgium and Holland. In Faces of War (1998), a collection of veterans’ stories, he said, “I should have died right there. I stepped one foot into Holland and left it there.”

While recovering in the army field hospital, Chadderton had an epiphany that would define how he approached the rest of his life. “I don’t need my legs. My head was ok, so I could go out and challenge the world and find something to do that would be useful,” he said.

On returning to Canada, Chadderton and his fellow Second World War amputees were welcomed as members of The War Amps, an Association originally started by First World War amputee veterans to help each other adapt to their new reality. An active member, he held several positions within the Association until his appointment as Executive Secretary (later CEO) in 1965. He was also Chairman of the National Council of Veteran Associations (NCVA).

The Canadians who fought in the Liberation of the Netherlands helped bring peace and freedom to the people of Europe. During Chadderton’s visit to the Netherlands in 2000, he felt immense gratitude from the Dutch. “You can see the mothers and the fathers pointing at the Canadian veterans, saying, ‘Those are the guys that saved our country,'” he said. “Now I know why we fought the war, now I know why we were here.”

SOURCE War Amps

Related Links

http://www.waramps.ca

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