Insurance companies seek reforms to allow insurance adjusters to more easily work in other provinces after disasters

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Streetwise समाचार

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Currently in Canada, each jurisdiction has its own rules and requirements for adjusters, which means a provincial licence for an adjuster is not recognized in every other province

Cars drive slowly through water overflowing onto highway 40 in Sainte-Anne-de-Bellevue on the island of Montreal after heavy rains hit the area on Aug. 9.After four severe weather events this summer that saw a spike in natural-disaster claims in Canada, property and casualty insurers are asking insurance regulators to establish a more cohesive licensing regime that will allow adjusters to work in multiple jurisdictions across the country.

. Over the summer, insurance companies saw the number of claims submitted in just a two-month period reach “well over 200,000,″ the coalition said – more than insurers have received in any full year before 2024.

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