Claims
Nova Scotia’s Cdn$2,500 cap on claims payments for minor auto injuries will be scrapped, it’s just a matter of when, the province’s new premier has suggested to the Independent Broker Association of Nova Scotia (IBANS).Nova Scotia Premier Darrell Dexter, a personal injury lawyer, swept into power in June 2009 with a mandate to eliminate the […]
By Canadian Underwriter | October 22, 2009
2 min read
Members of the Insurance Brokers Association of Ontario (IBAO) who do not support the association’s call for an “outright ban” on credit scoring need to “get in the game,” IBAO president Peter Blodgett said in a speech made at the IBAO’s 89th annual convention in Toronto.The IBAO in May 2009 called on Ontario’s insurance regulator […]
Craig Brown, a professor at the University of Western Ontario’s Faculty of Law, has joined Toronto’s Thomas Gold Pettingill LLP as counsel in the areas of insurance policy interpretation and tort law.Brown has written four books on insurance law. He co-authored Insurance Law in Canada with TGP’s Tom Donnelly.He has served as a consultant to […]
By Canadian Underwriter | October 19, 2009
1 min read
Within the decade, the Arctic Ocean could be nearly free of ice during the summer months. New data gathered by the Catlin Arctic Survey earlier this year provides further evidence that the sea ice is thinning faster than previously thought, according to Lloyd’s of London. Data collected by manual drilling on a 450-km route across […]
Risks related to climate change are so expansive as to be uninsurable, and therefore it is likely climate change exclusions will be written into general commercial and excess liability insurance policies in the near future, predicts Rodney Taylor, managing director of Aon Environmental Services Group.Taylor spoke at ‘Environmental Risks,’ a seminar organized by The ARC […]
By Canadian Underwriter | October 16, 2009
3 min read
Insurance claims adjusters can leverage their expert knowledge, as well as their insurance companies’ ability to pay for large-scale clean-up operations, to exert control over complicated environmental damage claims that typically span multiple jurisdictions.Panelists John Cherrie of Cherrie Griffith Professional Insurance Services and Douglas Hallett of the Hallett and Environmental and Technology Group Inc. both […]
An audit by B.C.’s Office of the Information and Privacy Commissioner identified six occasions on which driving and claims information of jurors was accessed and in some of those cases, was disclosed to outside defence counsel representing ICBC.In May 2009, ICBC conducted an internal investigation of all its jury trials that could be found going […]
By Canadian Underwriter | October 15, 2009
The credit crisis is no longer the chief source of securities litigation in the United States, a recent report from Advisen says.”The third quarter [of 2009] saw a robust 169 new securities lawsuits filed, but the credit crisis is no longer leading the litigation charge,” says Advisen’s quarterly update on securities litigation, Securities Suits Come […]
An inter-provincial trade agreement, the Ontario-Quebec Trade and Cooperation Agreement, has come into force as of Oct. 1, and already some are calling for it to be more like the Trade, Investment and Labour Mobility Agreement (TILMA) between B.C. and Alberta. Somewhat like TILMA, the Ontario-Quebec agreement proposes to “enhance the efficiency of the region’s […]
By Canadian Underwriter | October 14, 2009
Insurers are the most advanced organizations in adapting to climate change, according to a study from the Network for Business Sustainability. The insurance industry sets itself apart with institutional networks that promote calibration, the study says. The Network for Business Sustainability says one insurance company in its study had assembled insurers, academics, governments and NGOs […]
By Canadian Underwriter | October 13, 2009
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