Claims
VANCOUVER – Drones flying above wildfires in British Columbia last summer hampered aerial efforts to control the blazes. But around the same time, the province was also using the unmanned aerial vehicles to determine if drones could be used to help fight wildfires. The B.C. Wildfire Service contracted two commercial drone companies in July and […]
By Canadian Underwriter | November 3, 2015
3 min read
American International Group, Inc. has reported the company has posted a net loss of US$231 million for the third quarter of 2015 compared to net income of $2.2 billion for the same quarter of 2014. “Compared to the prior-year quarter, the third quarter net loss was primarily due to lower income on hedge fund investments […]
4 min read
Alberta’s Ministry of Environment and Parks announced on Monday that it is making changes to the Disaster Recovery Program (DRP) that will allow 80% of outstanding cases related to the 2013 southern Alberta flood to be resolved. With a total financial impact of approximately $6 billion and insured losses of about $2 billion, the 2013 […]
By Canadian Underwriter | November 2, 2015
A private member’s bill intended to clear Ontario highways of incidents more quickly is the “missing piece” of Bill 15, the Fighting Fraud and Reducing Automobile Insurance Rates Act passed into law in 2014, the Progressive Conservative’s critic for Greater Toronto Area issues has suggested to the legislature. Gila Martow, PC MPP for Thornhill, asked […]
5 min read
While hydraulic fracturing can cause increased seismic activity, the tremors generated by the process are often very small and undetectable at the earth’s surface, according to a report released last week by the Fraser Institute, a Canadian research and educational organization with offices in Vancouver, Calgary, Toronto and Montreal. Managing the Risks of Hydraulic Fracturing: […]
2 min read
CNA Financial Corporation has reported Property & Casualty Operations’ combined ratio for the third quarter of 2015 was 85.7%, down from 96.1% from the third quarter of 2014. CNA announced its third quarter results on Monday, noting in a statement that P&C Operations’ net operating income for the third quarter ending Sept. 30 was US$264 […]
A Peterborough, Ontario hospital facing a breach of privacy class action lawsuit, over improperly accessed medical records, was recently denied leave to appeal to the Supreme Court of Canada. Court records indicate that Erkenraadje Wensvoort received two notices from Peterborough Regional Health Centre indicating that the privacy of her personal health information had been breached. […]
Saskatchewan Government Insurance (SGI) and police in the province will be on the lookout for people driving too fast for road conditions throughout the month of November. “You don’t know exactly when winter’s coming and it happens very quickly when it does come,” said Ryan Jacobson, CEO of the Saskatchewan Safety Council, in a press […]
Most new requirements ushered in by the Canadian Digital Privacy Act (DPA) are very helpful and provide a fix, but a number could pose some challenges, including maintaining a record for every breach, John Beardwood, a partner with Fasken Martineau LLP, said last week during an event in downtown Toronto. “The requirement that you maintain […]
A recent dismissal by the Court of Appeal for Ontario reaffirms that plaintiffs are required to commence their actions for underinsured, uninsured or unidentified coverage in the jurisdiction in which the contract was made, and for tort actions to be made in a jurisdiction with a presumptive connecting factor.
By Anthony Gatensby, Associate Lawyer, McCague Borlack LLP | October 31, 2015
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