Claims
The Ontario Chapter of the Risk & Insurance Management Society (ORIMS) held its Christmas Luncheon on Dec. 16 at the Royal York Hotel in Toronto. More than 650 attended and, in keeping with the spirit of giving, the ORIMS executive chose to raise funds for The Daily Bread Food Bank in support of their fight […]
January 31, 2010
1 min read
McCague Borlack LLP hosted their annual “Christmas in January” at the Design Exchange on January 20th, 2010 and enjoyed the opportunity to share drinks, discussion and celebrate the occasion with more than 300 guests.
MD&D’s Annual American Thanksgiving once again attracted industry guests to an afternoon of football, food and socializing. On Nov. 6, Montana’s M Lounge was filled with industry delegates catching up with old friends, enjoying tasty treats with football playing in the backdrop.
Dec. 3, 2009 saw the Ontario Pond of the Honourable Order of the Blue Goose host its annual Christmas Galabration with well over 100 Ganders and guests in attendance. Liberty Group’s newly renovated Ciao Wine Bar in Toronto’s trendy Yorkville area served as the setting. Cocktails and a fabulous meal were followed by the amazing […]
An insurance company has been found liable to pay a policyholder injured in an auto collision under the uninsured provisions of the policy, even though the policyholder failed to sue potentially negligent and/or liable insured third parties. The Supreme Court of Canada did not grant leave to appeal in Loftus v. Security National Insurance Company, […]
By Canadian Underwriter | January 29, 2010
2 min read
Bans on hand-held devices while driving fail to reduce crashes, a new Highway Loss Data Institute (HLDI) study found.The HLDI is an affiliate of the Insurance Institute for Highway Safety (IIHS). It calculated monthly collision claims per 100 insured vehicle years — one car insured for one year, two insured for six months, etc. — […]
Employers might be held vicariously liable if they permit employees to use hand-held devices while driving, warns Zurich North America.This could include operating a company-owned cell phone or mobile device while driving.As the banning of such devices grows more common in jurisdictions, Zurich notes that since 2001 a growing number of U.S. jury awards have […]
By Canadian Underwriter | January 26, 2010
Is a jury capable of assessing damages in cases involving multi-accident scenarios, overlapping injuries and complicated medical evidence? The Ontario Superior Court was asked to consider the question in Hossny v. Belair Insurance, a complicated case in which an insured was injured in three separate motor accidents between 1997 and 2004, the first of which […]
By Canadian Underwriter | January 22, 2010
An extended warranty is not an insurance contract, the Court of Queen’s Bench of Alberta has decided.”In my view, the distinction between a warranty and insurance is that a warranty covers the risk that the covered product will fail due to some inherent flaw or weakness in the course of normal use, while insurance covers […]
By Canadian Underwriter | January 21, 2010
Insured losses resulting from hurricanes cannot be predicted on a short-term horizon, says Karen Clark & Company.Near-term models, designed to project insured losses from Atlantic hurricanes in the United States for the five-year period ending in 2010, have significantly overestimated losses for the cumulative 2006 through 2009 seasons, a Karen Clark release says.Three major catastrophe […]
By Canadian Underwriter | January 20, 2010
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