Claims
A central pillar of the B.C. government’s auto insurance reform has been found constitutional by the B.C. Appeal Court.
By David Gambrill | May 12, 2022
4 min read
PADDLE PRAIRIE METIS SETTLEMENT – The chief administrative officer of a Metis settlement in northwestern Alberta says its members are feeling scared as floodwater that was up to the knees a few days ago recedes, exposing the damage left behind. “Some of these homes don’t have running water right now,” said Justin Gaudet of the […]
By The Canadian Press | May 12, 2022
3 min read
Canadian Insurance Services Regulatory Organizations (CISRO) has recently published the Principles of Conduct for Insurance Intermediaries, intended to help ensure the fair treatment of P&C consumers — and the Ontario regulator predicts broker compliance will be high. Many of CISRO’s principles are reflected in RIBO’s Code of Conduct for Ontario brokers and agents, as […]
By Alyssa DiSabatino | May 12, 2022
Brokers - keep a close eye on these insurance trends
By Phil Porado | May 11, 2022
Insurers denying auto coverage to injured drivers based on an alleged suicide attempt must go beyond police or medical reports to prove it.
By David Gambrill | May 11, 2022
Unintentional damage during renovations — especially water damage — continues to be an overlooked risk for Canadian homeowners and renters, according to a recent study from Chubb. The Chubb 2021 Homeowners Risk Report: Trends in Home Renovations and Water Damage found 53% of Canadian and U.S. homeowners and renters “experienced a loss or unintended damage […]
By Jason Contant | May 9, 2022
2 min read
Manitoba has fined a former adjuster for acting without a licence. He said he was exempted as an "expert” helping claimants.
By David Gambrill | May 9, 2022
WINNIPEG – The Manitoba government is offering financial aid for flood victims as wet weather threatens to raise rivers again. Infrastructure Minister Doyle Piwniuk says the province will activate a disaster financial assistance program that he expects will give out well over $10 million. The money, to be cost-shared with the federal government, covers flood […]
By The Canadian Press | May 9, 2022
1 min read
If an insurer suspects fraud, it might be better to deny the claim within 60 days, alleging fraud, instead of investigating indefinitely.
By David Gambrill | May 6, 2022
A broker has an obligation to help clients understand policy specifics and avoid coverage gaps, and it’s not necessarily going to save them if the client hasn’t reviewed the policy, the British Columbia Court of Appeal found recently in Alvaro v. InsureBC (Lee & Porter) Insurance Services Inc. The decision provides a cautionary reminder on […]
By Phil Porado | May 6, 2022
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