Claims
GEORGETOWN, Guyana – A Fly Jamaica Airways plane headed to Toronto and reportedly carrying dozens of Canadians crash landed in Guyana on Friday after reporting a technical problem shortly after takeoff. In a statement early Friday, the airline said it believes all 120 passengers and eight crew were safe following the crash in Georgetown. “We […]
By The Canadian Press | November 9, 2018
2 min read
Supply challenges associated with marijuana legalization in Canada will lead to potentially costly business interruption (BI) and contingent business interruption (CBI) claims, an adjusting firm told Canadian Underwriter Tuesday. Because it’s an emerging market, there are a limited number of sources for the supply of the cannabis to the recreational market, said Stephen Agnew, vice […]
By Jason Contant | November 8, 2018
3 min read
Claims adjusters handling recreational cannabis claims will need to consider the value of the plant at any given time in the growing process to determine actual loss, an independent adjusting firm said Tuesday. Potential cannabis greenhouse loss is much greater than a standard greenhouse loss. A major fire to one of these cannabis facilities could […]
By Jason Contant | November 7, 2018
SAINT JOHN, N.B. – Irving Pulp and Paper Ltd. has been hit with one of largest penalties ever imposed in Canada for an environmental violation. The company, based in Saint John, N.B., was fined $3.5 million Monday for dumping improperly treated effluent into the Saint John River over a two-year period. The firm has also […]
By The Canadian Press | November 6, 2018
Can a marine cargo policy cover damage to goods when they are transported thousands of kilometres by truck? This question will likely be considered by the Ontario Superior Court of Justice. A disputed claim – under a marine cargo policy written by Chubb Insurance Company of Canada – is currently before the courts. In late […]
By Greg Meckbach | November 6, 2018
A major bank’s disputed $300-million professional liability insurance claim – arising from a Ponzi scheme in Florida – could reach the Supreme Court of Canada. Toronto-Dominion Bank bought an insurance policy from a syndicate of insurers, including Lloyd’s Underwriters in 2009. TD is suing the insurers for breach of contract. TD’s allegations have not been […]
By Greg Meckbach | November 5, 2018
4 min read
PRINCE GEORGE, B.C. – A bus carrying workers to a sawmill crashed Thursday afternoon north of Prince George, sending 16 people to hospital, three of them in critical condition. BC Emergency Health Services says one person was in serious condition and 12 others were stable. Sixteen other people were uninjured and taken back to Prince […]
By The Canadian Press | November 2, 2018
Data provider Carproof Corp. is now known as Carfax Canada, parent firm IHS Markit Ltd. announced Thursday. Carfax – whose target market includes the auto insurance industry – collects data on vehicles so prospective buyers can find out whether they have been damaged or deemed a total loss. The vehicle history reports are based on more […]
By Greg Meckbach | November 1, 2018
TORONTO – Two men were killed in a multi-vehicle crash that sparked a massive tanker fire on a major toll highway in the Toronto area on Wednesday, emergency officials said. The crash happened just before 5 p.m. on Highway 407 in Vaughan, Ont., where provincial police said a westbound tanker crossed several lanes of traffic, […]
An accident benefits claimant who a designated assessment centre concluded 22 years ago was not disabled still has a chance to claim income replacement benefits, Ontario’s Divisional Court has ruled. Dharam Sidhu was involved in a traffic accident in 1996. He was initially receiving income replace benefits and agreed to go to a designated assessment centre, […]
By Greg Meckbach | October 31, 2018
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