Claims
Nova Scotia’s Department of Health does have a subrogated right to claim against an insurer for nursing home costs arising from injuries sustained in a motor vehicle accident, according to the Supreme Court of Nova Scotia.In Slauenwhite v. Keizer, Jean Slauenwhite was 81 years old in Dec. 15, 2004, when she was a passenger in […]
By Canadian Underwriter | December 17, 2010
2 min read
Industry
Perth County has sent a letter to its federal MP calling on the federal government to reverse a plan to cut $35.8 million in funding to Public Safety Canada over three years for emergency preparedness initiatives.”Recent events clearly indicate how important emergency management is,” the Dec. 16, 2010 letter to MP Gary Schellenberger. “With Hurricane […]
1 min read
Responding to the risk of fires following an earthquake, the City of Vancouver is in the middle of replacing transformers mounted on wooden poles in the city’s downtown core, according to a report by the CBC.A Nov. 20, 2010 report by the Institute for Catastrophic Loss Reduction (ICLR) identified the unique seismic risk of the […]
By Canadian Underwriter | December 16, 2010
The Aviva Community Fund is down to its final 30 finalists.Created by Aviva Canada, the fund provides $1 million in donations to lead, empower and support community initiatives across the country.The 30 finalist ideas are now in the hands of a panel of judges, including ETALK host Tanya Kim, Salut, Bonjour! host Anouk Meunier, Volunteer […]
The U.S. government has launched a civil lawsuit against BP, QBE Underwriting Ltd. and seven other parties it deems responsible for the Deepwater Horizon oil spill on Apr. 20, 2010.U.S. Attorney General Eric Holder did not say in his Dec. 15 announcement how much the civil action was worth. The defendants named in the lawsuit […]
The 2000 model of Honda’s two-door Civic SiR was the most stolen vehicle in 2010, according to the Insurance Bureau of Canada (IBC).Each year, IBC releases its Top-10 list of most stolen cars. The remainder of the IBC’s 2010 list is as follows:• 1999 Honda Civic SiR 2-door• 2002 Cadillac Escalade 4-door 4WD• 2004 Cadillac […]
Global natural catastrophes accounted for $38 billion of insured losses in 2010, according to Aon Benfield. Three hundred and fourteen separate events in 2010 contributed to this loss total. This activity is far higher than in the previous three years, and nearly doubles the activity in 2009, the Annual Global Climate and Catastrophe Report reveals. […]
Peter M. Burns will formally become the president of the Insurance Brokers Association of Ontario (IBAO) on Jan.1, 2011.He was officially inducted during the IBAO Convention in October. Burns is currently the president of Burns, Demeyere & Associates in Tillsonburg, Ontario. He began his insurance career in 1991 at a small insurance and financial services […]
The Gulf Coast Claims Facility (GCCF), an arms-length administrator of claims related to the BP oil spill, has paid out almost $2.5 billion for just over 166,000 claims as of Dec. 13, 2010.The claims followed an oil spill in the Gulf of Mexico in April 2010, when BP’s Deepwater Horizon oilrig exploded and sank. According […]
By Canadian Underwriter | December 15, 2010
A fierce winter windstorm blew through Nova Scotia and New Brunswick on Dec. 13-14, dropping more than 100 mm of rain over a 48-period in some places and leaving more than 80,000 without power at one point during the storm.Environment Canada reported various areas of Nova Scotia were hit by wind gusts of between 106 […]
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