Claims
Lisa Raitt, the federal Minister of Transport and U.S. Secretary of Transportation, Anthony Foxx, unveiled a new class of rail tank car for flammable liquids on Friday. This newer, stronger tank car will be used for the transportation of flammable liquids, such as crude oil and ethanol, Transport Canada said in a press statement. The […]
By Canadian Underwriter | May 4, 2015
3 min read
The Supreme Court of Canada recently suggested that when a defendant is sued for professional negligence, a perceived lack of independence on the part of a plaintiff’s expert witness is not necessarily a reason for excluding the opinions of that witness. “The concept of apparent bias is not relevant to the question of whether or […]
5 min read
The federal government tabled Thursday Bill C-46 – which proposes to impose absolute liability of up to $1 billion on pipeline operators in case of spills – for third reading in the House of Commons. Bill C-46, the Pipeline Safety Act, will, if passed into law, impose absolute liability for “unintended or uncontrolled releases,” of commodities […]
By Canadian Underwriter | May 1, 2015
CALGARY – Fire officials are blaming a failed circuit switch for an electrical blaze inside a manhole that plunged much of downtown Calgary into darkness last year. The fire last October shut down the city’s downtown core and left blocks of office towers and apartment buildings, including the courthouse, without power for days. About 2,100 […]
By The Canadian Press | May 1, 2015
2 min read
Ontario's auto insurance system is unrecognizable, and it is time to stop tinkering. The concept of using an insurance system to provide a social safety net is flawed, perhaps requiring in its place a system where private insurance companies provide both third-party liability and physical damage coverage while a Crown corporation delivers accident benefits.
By Willie Handler, Consultant, Willie Handler and Associates|Willie Handler, Consultant, Willie Handler and Associates | April 30, 2015
8 min read
Consumers, car dealerships and the entire insurance industry in Quebec have received a crystal-clear message from the provincial regulator: non-compliance with rules governing replacement insurance, and meant to protect consumers, will not be tolerated and fines will be imposed.
April 30, 2015
Directors and officers at Canada's publicly listed companies face personal liability as a result of unfolding trends related to securities, environmental and cyber issues. But a well-conceived mix of risk management processes and risk transfer tools can help protect both companies and their directors and officers.
By Cameron Rose, Senior Vice President, Chubb Specialty Insurance|Cameron Rose, Senior Vice President, Chubb Specialty Insurance | April 30, 2015
Criminals are getting more sophisticated at cloning vehicle identification numbers. But because there is no single tool specifically designed to detect cloning, some consumers who buy vehicles do not realize they are actually stolen or declared irrepairable, often leaving insurers on the hook.
By Greg Meckbach, Associate Editor|Greg Meckbach, Associate Editor | April 30, 2015
6 min read
A clear commitment to using sustainable practices is something insurers are looking for in their collision repair partners, who themselves can benefit by being ready to meet consumer needs in the unfolding low-carbon economy and investing in an approach that could translate into a long-term competitive advantage.
By Rocco Neglia, Vice President of Claims, Economical Insurance|Rocco Neglia, Vice President of Claims, Economical Insurance | April 30, 2015
As a bread delivery driver in the 1950s, Larry Gilbertson's career choices were wide open. Interested in many things, the six-decades insurance veteran availed himself of quite a few of those choices.
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