Claims
In the early 1990s, the Supreme Court of Canada found there were no practical alternatives - as of 1983 - to rating auto policyholders on the grounds of age, sex and marital status. But would today's telematics products, which detect acceleration, braking, and cornering, help provide such alternatives?
By Daniel Strigberger, Partner; and Jenna Meth, Lawyer, Samis + Company | May 1, 2016
6 min read
The criteria to obtain a catastrophic impairment designation, in Ontario, will be narrower as of June 1, as the Glasgow Coma Scale will be replaced with the Glasgow Outcome Scale.
By Marc Smith, Principal, Forget Smith Morel | May 1, 2016
7 min read
In its ruling in Basandra v. Sforza, the Court of Appeal for Ontario upheld decision of a trial judge who reduced a jury's award, from $105,000 to nil, for past and future attendant care, medical/rehabilitation and housekeeping costs. The decision was made to ensure the plaintiff did not recover from the same losses both from no-fault accident benefits and from a tort award.
By Matthew Owen, Associate, Zarek Taylor Grossman Hanrahan LLP | May 1, 2016
5 min read
As of April 1, the Financial Services Commission of Ontario stopped accepting applications for mediation and arbitration of auto accident benefits insurance claims disputes. That responsibility now rests with the Licence Appeal Tribunal.
By Willie Handler, Consultant, Willie Handler & Associates | May 1, 2016
The Insurance Bureau of Canada (IBC) has teamed up with the government of British Columbia, 34 municipalities and local universities to remind British Columbians of the importance of earthquake preparedness. The IBC ShakeZone tour will make 34 stops throughout Vancouver, Vancouver Island and the Sunshine Coast to provide a unique opportunity for residents to experience […]
By Canadian Underwriter | May 1, 2016
2 min read
The Weather Company, an IBM Business, has issued their first tropical forecast for the 2016 season, which includes a total of 14 named storms. Of those named storms, eight will be hurricanes and three will be major hurricanes, The Weather Company predicted in a press release earlier this week. The numbers include Hurricane Alex, which […]
By Canadian Underwriter | April 30, 2016
1 min read
The Financial Services Commission of Ontario (FSCO) is warning consumers and insurers that two companies are conducting a “mystery shopper scam.” FSCO issued the warning on Thursday over My Shop Ltd. (using the email address info@myshopltd.org) and Mystery Global Survey Group (using an @intshopper.org email address). The regulator said in a statement that the two […]
By Canadian Underwriter | April 29, 2016
The province of Alberta has entered into a five-year agreement with power generation and wholesale marketing company TransAlta that will provide flood protection to Calgary, reduce the impacts of drought and help communities adapt to a changing climate. The five-year agreement allows the province to modify operations at the Ghost Reservoir for flood mitigation purposes […]
By Canadian Underwriter | April 28, 2016
NEW YORK – An Estonian businessman has been sentenced in New York to over seven years in prison for his role in a cyberscam that infected 4 million computers in over 100 countries. Vladimir Tsastsin was sentenced Tuesday by U.S. District Judge Richard Kaplan in Manhattan. The 35-year-old Tsastsin has already served nearly five years […]
By Jason Contant | April 27, 2016
People in the United Kingdom believe that falsifying injuries on a motor insurance claims is as unacceptable as drunk driving, according to new research for Aviva UK. According to the research of 2,000 UK adults, released on Wednesday, 87% of respondents said that it is unacceptable to make a false whiplash claim, compared to 88% […]
By Canadian Underwriter | April 27, 2016
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