Claims
In a nearly unprecedented situation, the province is in an economic state that reflects the rest of Canada, says Andrew McNair, CEO of the Insurance Brokers Association of New Brunswick. “The last 18 months have been challenging. But this seems to be a national issue, not so much regional — which is a new experience […]
By Canadian Underwriter Staff | July 9, 2020
2 min read
The question of whether non-essential businesses that closed during the pandemic are entitled to claim insurance – specifically, for cover arising as a direct result of an outbreak of contagious or infectious disease within 25 kilometres that is required by law to be reported to the authorities – is headed before a Canadian judge. Nordik […]
By Greg Meckbach | July 8, 2020
3 min read
It is not clear yet whether the Ontario government will grant any protection for liability arising from COVID-19, but the province will not protect “bad actors” in the long-term care or nursing home sector, a spokesperson for Premier Doug Ford told Canadian Underwriter Wednesday “Our government will not protect the bad actors – they will […]
Class actions asserting pandemic BI insurance coverage are starting to mount in the ‘In’ baskets of Canada’s insurance defence bar. Most recently, Koskie Minsky announced July 6 that it will be one of two firms (the other being Merchant Law) filing a class action lawsuit against insurers. “Business interruption insurance is designed for circumstances such as […]
By Greg Meckbach | July 7, 2020
An Ontario auto insurer in an underinsured accident case is entitled to make a subrogated claim against a third party – in this case, a bartender who was found 11% responsible for a fatal car crash — even though its policyholder did not sue that third party for compensation, the Court of Appeal for Ontario […]
By David Gambrill | July 7, 2020
4 min read
Lloyd’s of London is proposing three “open-source frameworks” to provide a blueprint for better protecting society against systemic catastrophic events such as pandemics, after noting the market will pay out between $3 billion and $4.3 billion to its global customers as a result of the far-reaching impacts of COVID-19. In its recent paper, Supporting global […]
By David Gambrill | July 6, 2020
Seven years after a rail disaster decimated its downtown, Lac-Megantic sought Monday to honour both its past and future by inaugurating a long-planned memorial space at the site at the heart of the tragedy. On July 6, 2013, a runaway train hauling tanker cars loaded with volatile crude oil derailed in the Quebec town of […]
By Greg Meckbach | July 6, 2020
Strata unit owners might see a reduction in liability risk for common-area damage if a recently-tabled bill is passed in British Columbia. “Right now, if a water pipe bursts in a bathroom due to manufacturer error and leaks beyond common property into other units, a strata corporation may sue the owner of the unit where […]
By Greg Meckbach | July 3, 2020
COVID-19 appears to be kindling proud sentiments about employing Canadian adjusters, after social media posts triggered an age-old debate about using U.S. adjusters to handle catastrophe claims in Canada. Twitter was abuzz with comments after Global News posted a piece about more than 300 adjusters arriving in Calgary to respond to damage caused by a […]
By David Gambrill | July 3, 2020
5 min read
VANCOUVER – Heavy rainfall has caused rivers to surge across much of British Columbia, washing out roads and putting many communities on alert. The River Forecast Centre has issued flood warnings, its highest alert, for the areas around the upper Fraser River and Quesnel River, including an area near Prince George. It says significant rainfall […]
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