Claims
On Nov. 3, 2011 Blouin Dunn LLP hosted an Open House to showcase their new office at 199 Bay Street in Toronto. More than 150 attended and enjoyed great food, drinks, music and a fabulous view of the Toronto Harbour, CN Tower, and downtown skyline.
November 30, 2011
1 min read
The Honourable Order of the Blue Goose held a martini night on Oct. 27, 2011. The Shuck Em & Shake Em evening, held at the C Lounge in Toronto, provided a wonderful venue for guests to mix and mingle over martinis.
Halifax RCMP have identified and charged four individuals following an investigation of an alleged inter-provincial stolen vehicle/insurance fraud scheme.Police say the complex investigation began after police received a complaint about suspicious activity in 2005. The investigation determined the accused were using fraudulent documents to register vehicles they didn’t actually own or possess. Afterward, they would […]
By Canadian Underwriter | November 29, 2011
Global temperatures in 2011 are currently the tenth highest on record and are higher than any previous year with a La Niña event, which has a relative cooling influence, according to a report from the World Meteorological Organization (WMO).The 13 warmest years have all occurred in the 15 years since 1997. The extent of Arctic […]
Legal opinions related to Reinsurance Security Agreements (RSAs) may be obtained from inside or outside counsel of a reinsurer or another third party, as opposed to a ceding company’s counsel, according to the Office of the Superintendent of Financial Institutions (OSFI).But in these instances, ceding companies should satisfy themselves by consulting their own counsel that […]
By Canadian Underwriter | November 28, 2011
The Economical Insurance Group reported a consolidated net income of $1.4 million for 2011 Q3, despite incurring $31.3 million in losses due to weather-related catastrophic events.The result also recognizes $23.2 million in investment impairments as a result of the exceptional market volatility and fall in equity markets at the end of the third quarter. Net […]
By Canadian Underwriter | November 25, 2011
Consolidating a court case concerning income replacement benefits (IRB) with a related arbitration matter on catastrophic injury determination, each of which was filed within their respective limitation periods, cannot result in the consolidated arbitration being statute-barred, the Ontario Superior Court has ruled.The claimant, Julia Gordyukova, was injured in a motor vehicle accident on Nov. 9, […]
By Canadian Underwriter | November 24, 2011
2 min read
Talking on a mobile phone or texting behind the wheel may be the most recent targets of legislative action in Canada, but plenty of other distractions exist for drivers – including eating and drinking behind the wheel, speeding and following too closely behind the car ahead of them.”Our poll clearly indicates many motorists have no […]
By Canadian Underwriter | November 23, 2011
Two typhoons and unusually heavy monsoon rains in Thailand since July 2011 have caused estimated insured damage of between $10 billion and $20 billion, with a significant portion of that related to business interruption losses, according to a Nov. 23 A.M. Best briefing on the Thai flooding.”More than US$4 billion in insurance claims have already […]
The Insurance Council of B.C. has banned a general insurance agent’s access to the database of B.C.’s public insurer, the Insurance Corporation of B.C. (ICBC), after the council reviewed allegations that the agent had accessed a third-party’s confidential information without the third party’s consent.Council’s review of the matter found the agent was subject to an […]
By Canadian Underwriter | November 21, 2011
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