Claims
Global insurers are starting to withdraw from providing insurance coverage to the oil sands, which accounts for about two-thirds of Canadian oil production. What this means for your clients in the oil and gas sector…
By Greg Meckbach, Associate Editor | December 7, 2019
3 min read
OTTAWA – Two forest-product companies are on the hook for looking after a mercury-contaminated site near Ontario’s Grassy Narrows First Nation, the Supreme Court of Canada has ruled. The 4-3 decision Friday brought some clarity to a long-running dispute over one element of the legacy of environmental poisoning that has caused significant health problems for […]
By Jason Contant | December 6, 2019
Does it become an ethical issue when claims workloads start to pile too high?
By The CIP Society - Insurance Institute of Canada | December 5, 2019
6 min read
Ford trucks once again topped the list of most-stolen vehicles in Canada, according to the latest report from Insurance Bureau of Canada (IBC). But the thieves don’t want the new models: it turns out that nine of the 10 most stolen vehicles are all pre-2007 model years. So what’s the interest in stealing the old […]
By Adam Malik | December 5, 2019
TD Insurance now owns several auto repair centres, yet another example of an insurer buying into the supply chain
By By Emily Atkins, Freelance Writer | December 4, 2019
4 min read
Laura Twidle, managing director at Catastrophe Indices and Quantification Inc. (CatIQ), adds a new twist on why the P&C industry is inundated with flood claims. Hint: It’s not just climate change
By David Gambrill, Editor-in-Chief | December 2, 2019
5 min read
We’ve all heard of ‘silent cyber’: potential cyber exposures contained within traditional property and liability policies that may not implicitly include or exclude cyber risks. But what about a ‘silent assassin’ in a policy? “Technology-related areas are a silent assassin for medical providers and their insurance policies,” Tim Boyce, healthcare practice leader with London, UK-based […]
By Jason Contant | December 2, 2019
Is the cost to repair vehicle brakes covered by an optional Autoplan policy in British Columbia? Yes, if the fact situation is similar to a small claims dispute recently heard by the province’s Civil Resolution Tribunal. In Driedger v. ICBC, the tribunal ordered the Insurance Corporation of British Columbia to pay Ronald Driedger $1,768.29 – […]
A $5.6-million court award in favour of Lloyds Underwriters and one of its Quebec-based shipowner clients has been restored by the Supreme Court of Canada. Desgagnés Transport Inc. v. Wärtsilä Canada Inc., released Nov. 28, means a section of the Quebec Civil Code on warranties and latent defects can essentially quash a limitation-of-liability clause in […]
By Greg Meckbach | December 2, 2019
There needs to be a complete refresh and rethink of policy triggers for healthcare liability insurance to make sure it’s up to speed for the digital age, a specialist insurer said. With traditional insurance for medical malpractice, a type of errors and omissions (E&O) coverage that protects physicians and other healthcare professionals against claims alleging […]
By Jason Contant | November 29, 2019
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