Claims
WASHINGTON – Nature and man together cooked up the disaster in the Philippines. Geography, meteorology, poverty, shoddy construction, a booming population, and, to a much lesser degree, climate change combine to make the Philippines the nation most vulnerable to killer typhoons, according to several scientific studies. And Typhoon Haiyan was one mighty storm. Haiyan slammed […]
By Canadian Underwriter | November 12, 2013
3 min read
As the Philippines faces widespread damage following Typhoon Haiyan, reinsurer Munich Re has released a new analysis outlining just how severe the impact of floods and typhoons has been in eastern Asia. Over the past three decades, overall losses from weather-related events in eastern Asia have totaled around $700 billion, with insured losses of $76 […]
By Canadian Underwriter | November 11, 2013
2 min read
The Ontario Legislature last week passed a motion calling on the government to establish regulations limiting the fees charged for medical records, which, politicians suggest, are often requested by lawyers in auto insurance lawsuits. Ontario members of provincial parliament who spoke last Thursday in favour of the motion noted some doctors and other professionals are […]
4 min read
MANILA, Philippines – Hours before Typhoon Haiyan hit, Philippine authorities moved 800,000 people to sturdy evacuation centres – churches, schools and public buildings. But the brick-and-mortar structures were simply no match for the jet-force winds and massive walls of waves that swept ashore Friday, devastating cities, towns and villages and killing thousands, including many of […]
5 min read
WINNIPEG – A report commissioned by the Manitoba government says it could cost up to $40 million to repair and rebuild provincial parks devastated by spring floods in 2011. The report, delivered to the government last year and recently obtained by The Canadian Press, details the damage caused by the flooding – one provincial park […]
Three recent decisions by the Supreme Court of Canada will “facilitate consumers” in bringing class action lawsuits against manufacturers alleged to have been involved in conspiracies to raise prices of products, even when those products are not directly purchased by those consumers, according to one Canadian lawyer. “Often, direct purchasers, who have business relationships with […]
By Canadian Underwriter | November 8, 2013
REGINA – Saskatchewan is bringing in a zero drug and alcohol tolerance policy for drivers under 19 and for all drivers in the graduated licensing program. The move is one of 14 traffic safety measures the province is implementing based on recommendations by a legislative committee report in August. Young or new drivers with alcohol […]
MANILA, Philippines – The strongest typhoon this year slammed into the Philippines on Friday, setting off landslides, knocking out power in several provinces and cutting communications in the country’s central region of island provinces. Four people died. Telephone lines appeared down as it was difficult to get through to the landfall site 650 kilometres (405 […]
Insured losses from windstorm Christian, also know as St. Jude, will be between 1.5 billion euros and 2.3 billion euros, according to a new estimate from catastrophe modeling firm AIR Worldwide. The majority of those losses have occurred in Denmark and Germany, although significant insured losses also occurred in the Netherlands, France, United Kingdom and […]
By Canadian Underwriter | November 7, 2013
The Court of Appeal for British Columbia recently cited an 81-year-old Supreme Court of Canada decision when it ruled against The Wawanesa Mutual Insurance Company over a disputed residential fire claim, overturning a 2012 decision by a lower court in favour of the insurer. Scott Peebles and Tor Quinn owned a house in Surrey, B.C. […]
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