Claims
The Insurance Council of British Columbia has suspended the license of an insurance broker for 12 months after the broker admitted she used her position in the industry to try to coerce a member of the public to make a false claim to the province’s public insurer – a claim that would have benefited the […]
By Canadian Underwriter | October 18, 2011
3 min read
The Court of Appeal for Ontario says an insurer has a duty to indemnify a young man, Nagraj Singh Tut, who celebrated his 20th birthday party, slept for six to nine hours, woke up, and then was involved in a motor vehicle accident the next morning while driving his friends home with a blood alcohol […]
The Financial Services Commission of Ontario (FSCO) has dismissed The Economical’s appeal of a decision that required the insurer to pay accident benefits to a man catastrophically injured after attempting a headstand on a stripper pole inside a party bus.FSCO director delegate David Evans found the original decision did overreach in one instance, but this […]
By Canadian Underwriter | October 17, 2011
Registered Insurance Brokers of Ontario (RIBO), Ontario’s broker regulator, has issued an advisory about an alleged referral program that allows consumers access to a five-year home and auto policy. However, the insurer listed as the provider had no knowledge of the program, nor does it offer the coverage listed.According to the RIBO advisory, representatives of […]
By Canadian Underwriter | October 14, 2011
2 min read
A British Columbia man has been convicted of setting his car on fire and then subsequently making a fraudulent insurance claim, ICBC reports.Michael David Garcia contacted Quesnel RCMP in October 2008 to report that his black, newer-model Honda Civic had been stolen from his home. He then filed a claim with ICBC, an ICBC release […]
1 min read
Underwriters need to be careful about writing insurance policy sublimits for food contaminated by ammonia, as the door can be opened for business interruption claims and other physical damage related to ammonia contamination.Larry Gordon of Travelers in the United States made the point while giving a presentation, Ammonia Contamination: Where Does it End?, at the […]
Nova Scotia is tracking toward the fewest highway deaths the province has had since record-keeping started in 1948, according to thechronicleherald.caAs of the end of September 2011, 51 people had died on Nova Scotia’s roads, four fewer than during the same nine-month period in 2010, the ChronicleHerald story says, citing statistics from the RCMP and […]
By Canadian Underwriter | October 12, 2011
Canada’s new regulations prohibiting banks from promoting unauthorized insurance products and services on their Web sites are now official.The regulations came into force with very few amendments to the pre-published draft of regulations posted for public comment on Feb. 12, 2011.The only changes were to clarify that the new regulations apply to the banks’ “business […]
B.C.’s Court of Appeal has upheld a lower court order that requires Aviva Insurance Company of Canada to defend the Corporation of the District of Saanich in a personal injury liability case involving two named insured lacrosse associations.A man identified in the case only as “Mr. Wright” was hit in the head with a lacrosse […]
By Canadian Underwriter | October 11, 2011
The Gore Mutual Insurance Company Foundation announced a $5,000 donation to the Goderich Disaster Relief Fund on Oct. 10. Funds will support community relief efforts following the tornado that devastated Goderich, Ontario on Aug. 21, 2011. The tornado caused $75 million in insured damages, according to Insurance Bureau of Canada (IBC), citing figures from PCS-Canada.”We […]
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