Claims
Ontario’s auto insurance regulator, the Financial Services Commission of Ontario (FSCO), has charged Ontario Disability Management Inc. and Aksana Miakouchkina (also known as Roxanne Mitch) with knowingly making false or misleading statements to an auto insurer to obtain payment for goods and services provided to an insured. FSCO also charged Gregori Miakouchkine, the company’s director, […]
By Canadian Underwriter | August 10, 2011
1 min read
CARSTAR Collision Centres announced their new sustainability plan on Aug. 10, detailing their commitment to being a social, environmental and economic leader in the Canadian collision repair industry and within the communities they service.”I am extremely pleased to announce this new and exciting development for CARSTAR,” said Sam Mercanti, CEO and president of CARSTAR Automotive […]
Canadian insurers are coming to terms with water damage, but a joint report by Lloyd’s of London and Swiss Re is warning about a new kind of risk arising from climate change – subsidence.Subsidence is the downward shifting or settling of soil that can happen as a result of drought. It is now the costliest […]
By Canadian Underwriter | August 9, 2011
An Ontario Superior Court Justice has rejected a request to change the order of examinations for discovery after the insured defendants expressed concern the brain-injured plaintiff might augment his recollections of an accident after hearing the defendants examined first.In Ezeh v. Club Seventy-Seven, the insured defendants agreed to an examination for discovery earlier in the […]
By Canadian Underwriter | August 8, 2011
2 min read
The Economical Mutual Insurance Company has proposed to the federal government that Canadian property and casualty insurers should follow essentially the same demutualization process as reflected in the rules for life insurance mutuals.However, in a submission to the federal government, the company also outlines areas in which the federal government’s current rules allowing life insurer […]
By Canadian Underwriter | August 5, 2011
3 min read
Researchers at Colorado State University’s meteorology project are calling for a “very active” hurricane season in the Caribbean in 2011. Scientists refer to the ‘accumulated cyclone energy’ (ACE) of the region. The ACE is a measure of a named storm’s potential for wind and storm surge destruction. It’s defined as the sum of the square […]
By Canadian Underwriter | August 3, 2011
The Dispute Resolution Services (DRS) section of the Financial Services Commission of Ontario (FSCO) has issued a new bulletin amending arbitration forms and outlining new rules for the use of an electronic calendar system for use in arbitrations.The DRS eCalendar allows parties to book mediation and manage mediation files online. During a transitional period, between […]
Ontario’s newly created Auto Insurance Anti-Fraud Task Force will be examining the scope of auto insurance fraud in Ontario and is expected to make final recommendations to the government in Fall 2012.The recommendations will address prevention, detection, investigation, enforcement and consumer education strategies around fraudulent auto insurance claims.The government announced the mandate and composition of […]
By Canadian Underwriter | August 2, 2011
Recent events have highlighted the issue of employment consequences for personal actions undertaken outside the realm of employment, as exposed by the omnipresent social media.
By J.M. Reynolds, Social Media Consultant | July 31, 2011
6 min read
Defamation liability risk has increased exponentially in this brave new world of social media.
July 31, 2011
7 min read
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