Claims
Nova Scotia’s Court of Appeal has ruled that the motor vehicle registrar was wrong to revoke the licence of a drunk driver 20 years after his license had been suspended, and then he obtained a new license under a changed name. Roughly 20 years ago, Charles Burnell, as a result of alcohol-related convictions, lost his […]
By Canadian Underwriter | April 7, 2010
2 min read
CORRECTION: *** The headline on this item incorrectly named the ICLR policy director as George McBean in an earlier posting. The correct name is Gordon McBean. Canadian Underwriter apologizes for the error. The Institute for Catastrophic Loss Reduction (ICLR)’s director of policy, Gordon McBean, will be awarded the Order of Canada on Apr. 7.The […]
By Canadian Underwriter | April 6, 2010
1 min read
The Federal Court of Canada in Halifax is scheduled to hear State Farm Mutual Automobile Insurance Company v. the Privacy Commissioner of Canada on Apr. 13, 2010.The case concerns State Farm’s challenge of the privacy commissioner’s jurisdiction in an insurance fraud investigation.In March 2005, Jennifer Vetter, a State Farm insured, was involved in a motor […]
By Canadian Underwriter | April 5, 2010
The Commonwealth Court of Pennsylvania has dismissed all claims against Kingsway and Kingsway America Inc. associated with the company’s donation of its Lincoln General shares to charities. Kingsway Financial Services Inc. announced the court has dismissed all claims in the legal action by the Pennsylvania Department of Insurance (DOI), which challenged the disposition of Lincoln […]
By Canadian Underwriter | April 1, 2010
More than 400 attended an all-industry St. Patrick’s Day Charity Social, held Mar. 11 at Grace O’Malley’s Irish Pub in Toronto. Mustang Investigations, Belfor Restoration, Assessment Rehabilitation Services, ProFormance Adjusting and Dutton Brock LLP sponsored the event. Money raised from a prize draw was donated to WICC. See all photos from this event at www.canadianunderwriter.ca/gallery
March 31, 2010
The Canadian Radio-television and Telecommunications Commission (CRTC) is re-considering whether or not the unsolicited sale of insurance products by agents or brokers to existing clients by telephone constitutes telemarketing.The commission has requested comments on the matter (the deadline to register for comments was March 19). It will publish its decision by the fall of 2010.Currently, […]
By Canadian Underwriter | March 31, 2010
The global reinsurance industry suffered $16 billion in natural catastrophe losses in 2010 Q1, likely making it “the worst-ever first quarter for natural perils losses,” according to a Willis report.The poor start to 2010 has put the comparatively benign year of cat losses in 2009 into perspective, Willis says in its report on renewals, Calm […]
The Chubb Corporation estimates pre-tax losses from 2010 first-quarter catastrophes will be approximately $290 million ($189 million after-tax). Losses include the March northeast U.S. storm, other U.S. winter storms, the Chilean earthquake, the Australian storms, European windstorm Xynthia and other catastrophe events. This includes estimated losses and loss expenses net of reinsurance recoverable. It also […]
The Financial Services Commission of Ontario (FSCO) has denied the appeal of an insurer that was ordered to pay auto insurance benefits to a man (now deceased) who suffered a stroke at about the same time he was involved in an accident at a Tim Horton’s drive-through. In Dominion of Canada General Insurance Company and […]
A person injured in a motor vehicle accident requires only one marked (i. e. Class 4) impairment to be considered catastrophically impaired, a Financial Services Commission of Ontario (FSCO) arbitrator has ruled. “[FSCO] Arbitrator [Elizabeth] Nastasi in Pastore and Aviva Canada Inc. . . . notes that the Superintendent’s Guidelines for undertaking catastrophic impairment assessments […]
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