Claims
The registered owner of a pickup truck could be held liable for injuries to an accident victim even though the at-fault driver of the pickup truck was convicted of assault as a result of a collision, the Court of Appeal for Ontario ruled in a decision released Tuesday. Trevor James Middleton was driving a Ford […]
By Greg Meckbach | February 13, 2019
3 min read
Inland flood damage arising from post-tropical storms can be an even greater risk than wind damage, a meteorologist from Aon said last week at the CatIQ Connect conference in downtown Toronto. “That’s concerning because here in Canada, as in the U.S., the majority of your standard homeowner policies do not cover overland flood damage,” said […]
By Jason Contant | February 13, 2019
A property owner who was sued for more than $100,000 over laneway flooding is hoping to appeal to the Supreme Court of Canada. Marilyn Marks owns commercial property in the community of Tottenham, Ont., about 40 kilometres north of Toronto International Airport. A catch-basin in the laneway owned by Marks was blocked. Her neighbours, Terrence […]
By Greg Meckbach | February 11, 2019
Brand new storm and sanitary sewers are leaking water at an unacceptable rate, putting individual homes at higher risk of flooding, a civil engineer said last week at the CatIQ Connect conference in Toronto. “We have allowable leakage, a little water is fine,” said Barbara Robinson, president of Norton Engineering in Kitchener, Ont. “I’m talking […]
By Jason Contant | February 11, 2019
Sparks flew during a recent conference discussion about mortgage impairment and earthquake loss, when a senior reinsurance company executive drew a link between the practices of Quebec brokers and the low take-up rates of earthquake insurance in the province. Philipp Wassenberg, president and CEO of Munich Reinsurance Company of Canada, was a panelist speaking at […]
By Jason Contant | February 8, 2019
VICTORIA – British Columbia’s attorney general says the financial situation with the province’s public auto insurance agency is critical and getting worse. David Eby says the Insurance Corporation of B.C. lost $860 million for the first nine months of its fiscal year, $273 million higher than expected. He says that puts the Crown corporation on […]
By The Canadian Press | February 8, 2019
1 min read
The sheer volume of claims following the windstorm that swept through southern Ontario and Quebec last May led to critical service disruptions, after so many consumers called at once to report their claims to their insurers. “I’m not sure people truly understand the impact [of the event],” Ron Biggs, national claims director of RSA Insurance […]
By Jason Contant | February 7, 2019
The Canadian insurance industry saw a bit of an unusual catastrophe season last year, with more cats in the second quarter than the third, and Ontario beating out Alberta for insured losses. There were a total of 12 catastrophes last year (a catastrophe is an event that causes more than $25 million in insured losses), […]
A 2018 Court of Appeal for Ontario ruling on waivers, described as “great news” for liability insurers, is now final. The Supreme Court of Canada announced Thursday it will not hear an appeal of Schnarr v. Blue Mountain Resorts Limited, released March 28, 2018 by the Court of Appeal for Ontario. The decision resulted from […]
By Greg Meckbach | February 7, 2019
6 min read
VICTORIA – A review of legal cases involving British Columbia’s public insurer says despite public perception, the agency isn’t lowballing claimants in its settlement offers. The review conducted by legal counsel in the Ministry of the Attorney General was released Wednesday and says the Insurance Corporation of British Columbia is running a “very sound” legal […]
By The Canadian Press | February 7, 2019
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