Claims
In an auto accident claim involving back-to-back crashes, a woman who lost both her legs after being hit by a car is barred from suing the driver because the car that had carried her to the scene of the accident was driven by her employer. “The circumstances of this particular case are unique, if not […]
By Greg Meckbach | June 8, 2018
2 min read
ALPHA, N.J. – New Jersey authorities say a dog started a fire when it accidentally turned on an electric stove. The German shepherd and another dog were alone in the Alpha, New Jersey, home when the fire broke out late Wednesday morning. Officials believe the German shepherd was looking for food and got up on […]
By Jason Contant | June 7, 2018
1 min read
A shift in the global economy has changed the risks facing Canadian businesses. Companies are now calling for insurance solutions that protect their intangible assets.
By Adrian Hall, CEO; Corrinne Pollard, Head of Claims; and Sarah Kestle Head of Sales, Swiss Re Corporate Solutions Canada; and Xavier Tinguely, Senior Corporate Development Manager, Swiss Re Corporate Solutions, USA | June 7, 2018
Does Canada’s property and casualty industry have enough resources in place to adjust major catastrophes that occur in tandem or right on the heels of each other? Industry resources in Ontario were tested after a severe ice storm in April, which caused almost $200 million in insured damage. Two weeks later, in May, a powerful […]
4 min read
Who will be in charge as autonomous vehicles and human-driven cars operate side by side on our highways?
By Emily Atkins, Editor | June 6, 2018
10 min read
HAIDA GWAII, B.C. – A small earthquake has been detected off of British Columbia’s coast. Earthquakes Canada says the 4.2-magnitude quake struck Saturday afternoon, 94 kilometres west of the village of Masset, B.C., in the Haida Gwaii archipelago. The agency says the rumbling was “lightly felt” in Masset and the Village of Queen Charlotte. There […]
By The Canadian Press | June 4, 2018
Five former directors and officers of a Vancouver-based mining firm can be sued personally in Ontario by shareholders alleging the firm misrepresented financial statements. The Supreme Court of Canada announced Thursday it will not hear an appeal, from SouthGobi Resources Ltd., of a Court of Appeal for Ontario ruling released Sept. 18, 2017. SouthGobi – […]
By Greg Meckbach | June 4, 2018
3 min read
A pool of Canadian nuclear insurers has created a state-of-the-art, made-in-Canada claims administration system for handling nuclear incidents.
By David Gambrill, Editor-in-Chief | June 3, 2018
The early May windstorm that struck Ontario and parts of Quebec topped $410 million, the costliest insured event since the 2013 Toronto floods, Catastrophe Indices and Quantification Inc. (CatIQ) said Friday. The majority of the damage from the windstorm – $380 million – was in Ontario, CatIQ said, making it the most expensive for insurers […]
By Jason Contant | June 1, 2018
The Insurance Corporation of British Columbia (ICBC) expects to save $43 million this fiscal year and another $59 million the following fiscal year by using specialized anti-fraud software that the public insurer implemented in 2017. “And that’s on top of the millions we’re saving with the work that we do every day to stop fraudulent […]
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