Claims
OTTAWA – Canada’s Senate, often accused of being an anachronism, is being asked to wrestle with the futuristic dream of driverless cars. Transport Minister Marc Garneau wants the Senate’s transportation and communications committee to launch a study of the regulatory, policy and technical issues that need to be addressed so that Canada can safely and […]
By Canadian Underwriter | February 18, 2016
3 min read
QUEBEC – Hearings begin at Quebec’s national assembly today into the province’s taxi industry as well as related services such as Uber. They are scheduled to last several days against the backdrop of sometimes hostile clashes between cabbies and Uber drivers. Transport Minister Jacques Daoust has said Uber’s arrival on the scene means changes are […]
1 min read
Canadian companies may find it increasingly difficult to obtain insurance coverage for more challenging environmental risks as the number and size of environmental claims continue to grow, according to Marsh’s Canada Insurance Market Report 2016, released on Thursday. Marsh, an insurance broking and risk management company, said in the report that the Canadian general liability […]
An underwriting loss in the fourth quarter of 2015 contributed to Echelon Financial Holdings Inc. (EFH) seeing net income drop 56% for both 2015 Q4 and full-year 2015. Net income for the three months ended Dec. 31, 2015 was approximately $3.7 million compared to about $8.4 million for the same period of 2014, notes a […]
WASHINGTON – The January figures are in, and Earth’s string of hottest-months-on-record has now reached nine in a row. But NASA said January stood out: The temperature was above normal by the highest margin of any month on record. And January set another record: Arctic sea ice reached its lowest point for that ice-building winter […]
By Canadian Underwriter | February 17, 2016
2 min read
The personal information records of more than 49 million Californians have been at risk over the past four years, according to a new report released by the state’s Attorney General. On Wednesday, Kamala D. Harris released the comprehensive report detailing the nature of data breaches reported to her office over the past four years. The […]
EDMONTON – An Alberta court has approved a $4-million settlement of a class-action lawsuit filed after an E. coli outbreak that sparked the largest meat recall in Canadian history. The lawsuit was against XL Foods Inc., which operated a meat-packing plant in southern Alberta during the tainted beef recall in the fall of 2012. Lawyer […]
A bill proposing to double the fines for violations of Ontario’s Personal Health Information Protection Act was a subject of debate Tuesday at Queen’s Park in Toronto. Bill 119, the Health Information Protection Act, was tabled Sept. 16 by Liberal Health Minister Eric Hoskins. Among other things, Bill 119, if passed into law, would double […]
Aviva plc said on Wednesday that it had detected policy fraud on almost 2,200 commercial motor policies in 2015. The extent of “front-end” fraud in the commercial motor space came as Aviva announced it is now screening all commercial motor policies for fraud at point of application. Aviva is using Hunter, a fraud detection tool […]
The province of Alberta announced on Tuesday that it is putting protection measures in place early in preparation of wildfire season. Beginning March 1, a permit is required for all planned fires in Alberta’s Forest Protection Area, with the exception of campfires, the provincial Ministry of Agriculture and Forestry said in a press release. The […]
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