Claims
The Ontario Superior Court ruled that a plaintiff’s claim that an insurer’s investigation constituted abuse of process and conspiracy was scandalous, frivolous and vexatious. In Pontillo v. Zinger et. Al., Antoinetta Pontillo was involved in a car accident with Todd Schaefer in 2003. Pontillo sued Schaefer for damages resulting from the accident. Dominion of Canada […]
By Canadian Underwriter | October 8, 2010
2 min read
The Ontario Court of Appeal has ordered The Personal Insurance Company to defend two homeowners accused of negligently representing the condition of their home in a sale to others, because the exclusion meant to cover ‘breach of contract’ was written in the present – not the past – tense.In McGrimmon v. The Personal Insurance Company, […]
By Canadian Underwriter | October 7, 2010
The reduction of Ontario’s discount rate for catastrophic injury trials could significantly increase the future care and future loss of income costs for insurers, warns Stephen R. Moore, a lawyer with Blaney McMurtry.In the bulletin, Don’t Adjourn This Fall’s Large Trials: It Could Cost You Several Hundred Thousand Dollars, Moore explains that the discount rate […]
By Canadian Underwriter | October 4, 2010
Insurers wishing to expose potential insurance fraud should be getting written conflict-of-interest statements from legal, treatment and assessment facilities, a fraud investigator suggests.Donna Ford, an insurance fraud investigator with Northwood & Associates, addressed the topic of insurance fruad at the Annual Toronto Fraud Forum on Sept. 29. The Association of Certified Fraud Examiners and the […]
1 min read
RSA Canada has received approximately 200 claims related to Hurricane Igor, which hit eastern Newfoundland on Sept. 21.The hurricane cut off power to as many as 50,000 people across the province. Many of the hardest-hit communities were isolated due to significant damage to roads and infrastructure.Most of the RSA claims are for wind and water […]
By Canadian Underwriter | October 1, 2010
Cooperation between insurers is the key to a successful automobile fraud investigation, according to Rick Muir, senior special investigator with Desjardins General Insurance Group, The Personal and Certas Direct Insurance Companies. Right now, however, many insurers are going at it alone, worrying about implications of things such as the Personal Information Protection and Electronic Documents […]
More than 20 exhibitors attended the Canadian Independent Adjusters’ Association (CIAA) Annual Conference held in Victoria, B.C. on Aug. 26-29, 2010. The exhibitors were thrilled to be front-and-centre during the welcome reception and see more exhibit time at the following morning’s networking breakfast. See all photos from this event at www.canadianunderwriter.ca/gallery
September 30, 2010
Aggressive U.S. plaintiff firms are slowly creeping their way into Canadian securities class action suits, warned Jay A.R. Cassidy, a senior vice president at Marsh in Toronto.Cassidy addressed delegates at the 2010 RIMS Canada conference in Edmonton on Sept. 28 about recent trends in D&O liability.The 2009 securities class action suit Timminco presented the first […]
By Canadian Underwriter | September 30, 2010
European regulators are engaged in a “failure of common sense,” by crafting regulations to prevent a re-run of the financial crisis instead of focusing on strategies to promote the economic growth of the financial sector, Lloyd’s of London chairman Lord Peter Levine said in a Sept. 29 speech at the Lloyd’s City Dinner. “It is […]
If an auto injury claim in Manitoba is denied on the basis that the damage was caused by a deliberate or willful act, a claimant does not have the option to have the Automobile Injury Compensation Appeal Commission (AICAC) review the decision, the Manitoba Appeal Court has found. Paule-Michelle Constantin reported to Manitoba Public Insurance […]
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