Claims
The Ontario Bar Association (OBA) has elected insurance law specialists as its new president and second vice-president, effective August 15.Lee Akazaki, the OBA’s incoming president, is a lawyer at Gilbertson, Davis, Emerson in Toronto. He specializes in personal injury, property damage, coverage disputes, commercial law, professional responsibility and property title defence.Morris Chochla was elected to […]
By Canadian Underwriter | July 19, 2010
1 min read
AIR Worldwide Inc. has released an updated U.S. hurricane model that now captures the possibility of a storm’s re-intensification after landfall.”As evidenced by Hurricane Ike in 2008, inland hurricane losses from some storms can be significant,” an AIR release says. “While research indicates that re-intensification occurs in less than five per cent of all landfalling […]
Toyota Canada is rolling out demonstrations across Canada of its Prius Plug-in Hybrid (PHV), which can plug into a standard 110-volt electrical outlet.One such demonstration car was delivered for testing to Manitoba’s Ministry of Innovation Energy and Mines. Other cars will be tested in B.C., Ontario and Quebec.The PHV is the next step in hybrid […]
It remains too early to tell whether the auto and home insurance claims generated by Calgary’s hailstorm on July 12, 2010 will compare to Canada’s biggest hailstorm claims event in 1991.The 1991 event, also in Calgary, was the country’s worst-recorded hailstorm event in terms of insurance claims. The 30-minute storm almost two decades ago resulted […]
By Canadian Underwriter | July 14, 2010
An arbitrator at the Financial Services Commission of Ontario (FSCO) says resolving auto accident benefits claims disputes “on a timely basis” has become “an increasingly critical issue” in the province’s alternative dispute resolution (ADR) system.In his decision in Dominion of Canada General Insurance Company and Jaswinder Singh, FSCO director delegate Lawrence Blackman cited FSCO statistics […]
By Canadian Underwriter | July 9, 2010
La Nina conditions are likely to develop in July and August, potentially causing an increase in hurricane activity in the Atlantic and Gulf of Mexico.The U.S. Climate Prediction Center issued a watch on July 8, cautioning that sea temperatures in the tropical Pacific Ocean are cooler than average. “The majority of models now predict La […]
The Supreme Court of Canada has dismissed an appeal in Linn v. Kovach, upholding the principle that a court cannot split a jury trial without the consent of both parties.The Ontario Court of Appeal found in February 2010 that jury trials are an exception to the court’s power to split or bifurcate a trial based […]
By Canadian Underwriter | July 8, 2010
2 min read
DAS Legal Protection Insurance Company Limited (DAS Canada) has received its insurance licence from The Financial Services Commission of Ontario, making DAS Canada the first specialty legal expense insurer in the country able to offer policies in Ontario. Legal expense insurance covers costs associated with pursuing and defending legal rights, following an unforeseen event. Although […]
Insurance defence lawyers believe Ontario’s judiciary will increasingly use the concept of “life joys” to determine whether or not auto injuries meet the threshold of “serious” injuries, according to an article in Hughes Amys LLP newsletter Noteworthy.”The concept of ‘life joys’ is one which we anticipate will resonate with the judiciary and is a term […]
By Canadian Underwriter | July 6, 2010
SGI Canada has received a total of approximately 4,700 property and auto insurance claims as a result of the foul weather plaguing Saskatchewan over the past few months.All told, since April 2010, there have been 3,000 property claims estimated at over $47 million and close to 1,700 vehicle claims estimated at $10 million as a […]
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