Claims
Historically high floodwaters in Thailand are threatening the capital city of Bangkok, as record water levels flowing through the capital’s river towards the Gulf of Thailand are to be met by high spring tides on Oct. 29 and 30.Cat modeler RMS notes that a record high of 2.47 metres above sea level was recorded in […]
By Canadian Underwriter | October 28, 2011
1 min read
The Statutory Accident Benefits Schedule (SABS) in Ontario is in need of further refinement to prevent insurers from getting “papered over” with an overwhelming number of treatment plans and assessments — a major component of auto insurance fraud.”There are still miles to go [in preventing accident benefits fraud], and [treatment plan] inundation is a good […]
By Canadian Underwriter | October 27, 2011
2 min read
Insurance Bureau of Canada (IBC) has launched a major research initiative intended to help Canada prepare for a devastating earthquake in B.C. and eastern Canada.IBC president Don Forgeron outlined the bare bones structure of the initiative in a speech outlining IBC’s priorities for the upcoming year. He was speaking at the IBC’s 11th Annual Regulatory […]
An employer offering an employee a positive recommendation through social media is exposing the employer to potential liability, Advisen warns.In its OneBeacon-sponsored report, Social Media: Employers’ Liability for the Activities of their Employees, Advisen said the potential for a company to be involved in a lawsuit alleging defamation from a negative reference is fairly clear, […]
Strata (condominium) owner-developers could be subject to the jurisdiction of a proposed new tribunal model for dispute resolution in strata properties, according to the B.C.’s Office of Housing and Construction Standards.The province has posted a discussion paper online that outlines the reasons for proposing a new tribunal model for resolving disputes related to strata (condo) […]
By Canadian Underwriter | October 26, 2011
Currently, 75% to 80% of auto accident claimants in Ontario are ending up within the Minor Injury Guideline (MIG), but this should be of false comfort to insurers, said Adam Wagman, a lawyer with Howie Sacks & Henry LLP.Wagman represented the plaintiff counsel’s view during A Debate Between Plaintiff & Defence Counsel Concerning Those ‘Problem […]
By Canadian Underwriter | October 25, 2011
An optional tort product appears likely to be offered in Nova Scotia in the future, according to Ken Meyers, former chair of the Insurance Brokers Association of Nova Scotia (IBANS).”It appears clear now that there will be an optional tort product introduced,” he said at the 91st Annual Convention of the Insurance Brokers Association of […]
By Canadian Underwriter | October 24, 2011
Adjusters may want to ask a few detailed questions to determine whether a motor vehicle accident occurred over the course of a claimant’s employment, based on a recent arbitration in Ontario.In Andrew Hayward and Royal & SunAlliance Insurance Company of Canada, the arbitration sided with an insurer that alleged a claimant was attempting to pursue […]
Stronger legislation, improvements in Alternative Dispute Resolution (ADR) and better enforcement is required to tackle auto insurance fraud, according to members of a CEO panel at the 91st Annual Conference of the Insurance Brokers Association of Ontario (IBAO) in Toronto on Oct. 20. Aviva Canada president and CEO Maurice Tulloch lauded Ontario’s insurance regulator, the […]
By Canadian Underwriter | October 21, 2011
A suspended B.C. driver wishing to revoke his driving prohibition on the basis that he felt the peace officer’s decision to revoke it was wrong and unreasonable should have taken his matter to court and not to the B.C. Superintendent of Motor Vehicles, the B.C. Appeal Court ruled.In its Oct. 11 decision in Rapton v. […]
By Canadian Underwriter | October 19, 2011
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