Topic
Legal
Bad Deal
April 1, 2014 by Canadian UnderwriterDisturbing business practices by some automobile dealers in Quebec have pitted insurance brokers against dealers. The battle is being waged over what the Quebec brokers association regards as a clear violation of provincial law related to dealers offering replacement cost endorsements on replacement insurance.
Addressing E&O Exposures
March 31, 2014 Lee Akazaki, Partner, Gilbertson Davis EmersonHow adjusters can avoid the squeeze of professional liability claims
Condo Concerns
March 31, 2014 Ryan Ewasiuk, Partner, Brownlee LLPThe unclear application of deductibles poses a risk in handling condominium insurance claims.
Gov’t safety agency missed trends that could have led to quicker recall of GM cars
March 28, 2014 Tom Krisher and Dee-Ann Durbin, THE ASSOCIATED PRESSDETROIT – For years, the U.S. government’s auto safety watchdog sent form letters to worried owners of the Chevrolet Cobalt and other General Motors small cars, saying it didn’t have enough information about problems with unexpected stalling to establish a…
Opposition politicians criticize Ontario government proposal to reform auto insurance dispute resolution system
March 28, 2014 by Canadian UnderwriterOntario politicians from both the Progressive Conservative and New Democratic Party suggested this week will not stop the ruling minority Liberals’ latest auto insurance bill from going to committee, but the opposition is expressing strong reservations about the proposed changes…
CN to phase out certain tank cars used in transporting dangerous goods
March 26, 2014 by Canadian UnderwriterCN has announced plans to phase out DOT-111 tank cars over the next four years as part of its ongoing efforts to strengthen the company’s safety management system (SMS) and improve transportation of dangerous goods. “We have developed a comprehensive…
Drivers nabbed without seatbelts allowed to raise due diligence defence
March 21, 2014 Colin Perkel, THE CANADIAN PRESSTORONTO – Drivers charged with failing to buckle up should be allowed to argue they did everything they could to comply with the law mandating seatbelt use, Ontario’s top court ruled Friday. In its decision, the Court of Appeal rejected…
Canadian law suits filed against GM in wake of defective ignition switches
March 20, 2014 THE CANADIAN PRESSTORONTO – A Canadian class-action law firm is going after General Motors for the automaker’s handling of defective ignition switches in 1.6 million small cars worldwide, including about 235,000 cars sold in this country. The firm seeks to represent and…
Quarter of polled U.K. policyholders prepared to commit application fraud for cheaper car insurance
March 20, 2014 by Canadian UnderwriterFigures released Wednesday by LexisNexis Risk Solutions indicate one in four surveyed insured motorists in the United Kingdom say it’s acceptable to mislead insurers to reduce their car insurance premiums. Forty percent of respondents – identified as insured drivers and…
Auto insurance regulators outside of Quebec ‘have to change’ their approach to telematics, exec says
March 19, 2014 Greg Meckbach, Associate EditorCanada’s provincial auto insurance regulators are relatively cautious in their approach to telematics, but this is changing, suggested speakers at an insurance technology conference this week. “If we want this to transform the industry, our regulators will have to let…
U.S. announces $1.2B settlement with Toyota, files criminal charge for ‘misleading statements’
March 19, 2014 Eric Tucker and Tom Krisher, THE ASSOCIATED PRESSWASHINGTON – The government announced a $1.2 billion settlement with Toyota Motor Corp. on Wednesday and filed a criminal charge alleging the company defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles. Attorney General Eric…
Teens have more relaxed definitions for what counts as distracted, dangerous driving behaviour
March 18, 2014 by Canadian UnderwriterTeenage drivers tend to have different, often more relaxed definitions for what it means to engage in certain distracted or dangerous driving behaviour, according to a new survey out of the United States, commissioned by Liberty Mutual Insurance and Students…