Claims
Forty-six suspects have been charged in connection with an alleged auto fraud scheme called Project Sideswipe involving staged collisions and suspected false medical billings in Ontario. One hundred and forty-two charges have been laid to date, including conspiracy to commit an indictable offence, fraud under $5,000, fraud over $5,000 and obstruction of a police officer, […]
By Canadian Underwriter | August 10, 2012
2 min read
Warm and dry conditions over a large portion of the United States contributed to near-record wildfires that burned more than 2 million acres in July, says information from the National Environmental Satellite, Data and Information Service (NESDIS). The total represents almost half a million acres above the average, and the fourth most on record since […]
By Canadian Underwriter | August 9, 2012
1 min read
A Financial Services Commission of Ontario (FSCO) arbitrator has rejected the motion of an insurer to obtain a copy of the academic course record of the daughter of a woman injured in an auto accident. The insurer in the matter, Security National, argued the course schedule of the daughter, who attended the University of Toronto […]
By Canadian Underwriter | August 8, 2012
There are some pitfalls to be avoided in drafting marine warranty survey clauses and matters can be complicated by the fact that the marine warranty surveyor (MWS), despite being a requirement of the marine insurance underwriter, is often chosen, employed and paid by the assured, according to an article in the latest edition of the […]
Alberta law enforcement officers were out in full force over the August long weekend, issuing a total of 5,140 tickets between Aug. 3 and Aug 6. RCMP officers, provincial traffic sheriffs, conservation officers, fish and wildlife officers and commercial vehicle enforcement officers conducted checkstops on and off major highways throughout the province. In total, they […]
Efforts are under way to assign coordinates for about 900 overland flooding “hot spots” in Hamilton, Ontario where water traditionally backs up or overflows after big storms. Digitally mapping the hot spots – mostly storm water inlets and outlets that back up or overflow in heavy rain – will enable municipal crews to prioritize inspection […]
By Canadian Underwriter | August 7, 2012
Police in Ontario’s York Region are warning about home improvement scams, cautioning residents of the area to determine in advance of a project if their contractors are licensed, properly insured and meet their specific needs. The York Regional Police (YRP) is currently investigating three incidents of contractor fraud in the City of Vaughan, although police […]
High winds and heavy rain on July 29 have prompted more than 600 claims to be filed with Manitoba Public Insurance (MPI) to date. Figures from MPI show that it had received 615 related claims as of August 3. Of that total, 348 claims are for hail damage, 266 for “other, comprehensive” – most likely […]
By Canadian Underwriter | August 3, 2012
Long weekends can exact a heavy toll on roadways, necessitating the need for people to plan ahead and drive safely, cautions the Insurance Corporation of British Columbia. An average of five people are killed and 533 injured in 1,935 crashes across the province on long weekends, note ICBC crash and injury data from 2007 to […]
Allianz recorded net income of 1.3 billion euros in 2012 Q2, representing a 23.2% increase over the same quarter in 2011, which had been affected by write-downs of Greek sovereign debt. The conglomerate followed up its strong start into 2012 with solid numbers during 2012 Q2, the company notes, pointing out that revenues and operating […]
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