Claims
CALGARY – Uber Canada said late Monday that 815,000 Canadian riders and drivers may have been affected as part of its worldwide data breach announced in November. The disclosure came the same day the federal privacy commissioner said it had opened a formal investigation into the data breach, which saw the theft of information from […]
By Canadian Underwriter | December 12, 2017
2 min read
What is needed to create enhanced focus and kick-start more action with regard to the wildfire peril in Canada? Approaches deserving of a look (or a closer look) range from improving stakeholder understanding of the potential related losses to rethinking how the peril needs to be modelled and addressed within insurance policies.
By Angela Stelmakowich, Editor | December 11, 2017
A car crashes into a hydro pole. The driver takes pictures of the damage on a mobile device and sends the photos to the insurer through an app to start a claim. How does the insurer know the photos have not been altered? Insurtechs have been in the forefront of introducing new ways to expedite […]
By Jason Contant | December 8, 2017
3 min read
With a recent spate of sexual misconduct and workplace harassment complaints, commercial brokers need to make sure employment practices liability insurance covers legal defence costs arising from allegations of poor behaviour towards workers. Employees suing for harassment will sometimes name the employer and its directors and officers, in addition to the person alleged to have […]
More autonomous and semi-autonomous vehicles on the road could potentially result in lower-speed collisions, resulting in a lower severity of damage, a collision repair industry expert told Canadian Underwriter recently. “As we start to see some of these advanced driver assistance systems, vehicles are still going to be involved in collisions, but I think the […]
Residents in certain parts of British Columbia may be used to evacuations from wildfires, but how about evacuations due to giant boulders? The Canadian Press reported earlier this week that eight properties in the province’s Fraser Valley, including five homes, were evacuated last month over concerns about the stability of a massive boulder that slid […]
By Canadian Underwriter | December 7, 2017
New Brunswick tabled amendments to the province’s Insurance Act Wednesday to protect innocent co-insureds in cases of intimate partner violence and property damage. Most home insurance policies exclude payment for loss or damage caused by an intentional or criminal act by any person insured by the policy. The exclusions can be invoked against innocent co-insureds […]
An Ontario government-owned insurer should be requiring farmers to submit supporting documentation when paying production loss claims arising from harsh weather or disease, the auditor general recommended in a report tabled Dec. 6 in the legislature. Guelph-based Agricorp, a crown corporation, insurers Ontario farmers for production losses and yield reductions, among other things. Agricorp production […]
In a case that would “have had the potential to send the practice of commercial law sideways,” Manitoba’s Court of Appeal has reversed a lower court’s $10 million-decision against Western Financial Group over a disputed share price valuation related to Western Financial’s acquisition of Hayhurst Elias Dudek Inc. (HED) in 2009. HED called for the […]
A Nova Scotia ruling exploring the standard of care and “complexity” of risk may offer some relief for insurance brokers, but that should not inspire complacency. While it appeared that the standard of care for brokers had expanded, brokers must clearly understand that standard of care may increase in line with the complexity of the risk.
By Heather Gray, Equity Partner; and Laura Sullivan, Articling Student, Clyde & Co. Canada LLP | December 5, 2017
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