Claims

Quebec storms cost more than $56 million

Insurers expect to pay more than $56 million to customers after storms swept through parts of Quebec on June 10, according to a survey by the Insurance Bureau of Canada. To date, more than 6,000 claims for damages to residence and personal property and 10,000 automobile claims have been filed due to the Quebec storms, […]

July 31, 2008

1 min read

Court of Appeal denies stay in Alberta minor injury cap case

The Court of Appeal in Alberta has denied an application by State Farm Insurance Company for a stay of the judgement that eliminated the $4,000 cap on non-pecuniary damages for minor injuries caused by a motor vehicle accident. In Morrowv. InsuranceBureauof Canada, State Farm is the insurer of the appellants involved in a motor vehicle […]

July 31, 2008

2 min read

FSCO vows to get HCAI back on rails

The Financial Services Commission of Ontario (FSCO) intends to get the Health Claims for Auto Insurance (HCAI) electronic dataexchange system back on the rails in 2008. FSCO posted its 2008 priorities on its web site recently, and the resumption of the currently suspended HCAI system is among them. HCAI allows for the electronic exchange of […]

July 31, 2008

1 min read

Canada ranks second-last among G8 countries on climate change efforts

Were it not for the United States, Canada would rank dead last among G8 countries when it comes to moving towards a low-carbon economy, according to a scorecard developed on behalf of Allianz SE and WWF International. Allianz and WWF recently released online the results of their ‘G8 Climate Scorecards.’ Canada ranked seventh out of […]

July 31, 2008

1 min read