Claims
The 2009 hurricane season will likely be above average in activity, according to Colorado State University forecasters. It is estimated the season will have roughly seven hurricanes, three of which will be intense (Category 3-5), and 14 named storms. The average season has 5.9 hurricanes and 9.6 named storms, according to Philip Klotzbach and William […]
By Canadian Underwriter | December 12, 2008
1 min read
The Insurance Corporation of British Columbia (ICBC) has signed contracts with car rental companies to provide rentals at reduced prices to ICBC customers. Savings with Hertz Canada and Ron Ridley Rentals are estimated at between Cdn$5.4 million and Cdn$5.9 million annually. ICBC policyholders will be referred to Hertz Canada and Ron Ridley Rentals when their […]
By Canadian Underwriter | December 10, 2008
2 min read
After 49 years in the industry, Brian Harris, senior vice president of corporate compliance for Cunningham Lindsey, will be retiring on Dec. 30, 2008. Friends and colleagues gathered to celebrate Harris’ career at a retirement party on Nov. 12 at the St. Andrews Club and Conference Centre in Toronto. Harris has been a member of […]
November 30, 2008
In the October/November Spotlight feature, John Schick was incorrectly listed as an adjuster at MidWest Claims Services. He is, in fact, the company’s auto/machinery appraiser. We apologize for the error. •
Alberta’s Grid Risk-Sharing pool is reporting $171.1 million in total claims incurred but not reported (IBNR) as of Oct. 31, 2008, including a provision of about $81.5 million for claims liability related to Alberta’s court’s cap decision. Alberta’s Non-Grid Risk-Sharing Pool has reported a total of $44.1 million in IBNR claims as of Oct. 31, […]
The Nova Scotia Supreme Court has allowed the admissibility of six doctors’ records in a personal injury case even though the physicians were not available to testify, but the opinions contained in the doctors’ records are not admissible astruth. InTingley v. Wellington Insurance, theplaintiffs, Patricia Tingley, Margaret Burton, Kelli Smith and Todd Smith, wanted to […]
Manitoba’s Court of Appeal has denied an application for leave to appeal a decision that denied an insured the right to claim accident benefits under section 138 of the Manitoba Public Insurance Corporation Act, which carries no maximum limit for personal home assistance. Steven Fletcher was paralyzed from the neck down as result of a […]
An Ontario Superior Court judge has issued a strong rebuke to the insurance industry for failing to resolve coverage disputes between insurers quickly, thereby causing a public fund to pay statutory benefits to victims during the time it takes to resolve the dispute. Ontario Superior Court Justice Romain W. M. Pitt made his remarks in […]
Alberta’s auto insurance industry is accumulating an estimated $400 million per year in unfunded liability as a result of a provincial court decision late last year that struck down the province’s $4,000 cap on minor injury claims. Barbara Sulzenko-Laurie, vice president of policy, Insurance Bureau of Canada (IBC), made the observation in remarks made at […]
The Supreme Court of Canada has overturned an Ontario Court of Appeal decision and ordered a group of property insurers to cover the costs related to a damaged tunnel boring machine under an all-risk policy. In Canadian National Railway Co. v Royal and SunAlliance Insurance Co. of Canada, a panel of four Supreme Court of […]
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