Topic
Legal
Fall risks associated with e-scooters
August 25, 2023 Brittany Sinclair, B.Sc., P.Eng. 30 Forensic EngineeringEditor’s note: This is the first of a two-part series on the biomechanics of rider falls from e-scooters. Part 2 will appear next week. Canada’s capital is in the midst of its fourth electric scooter (or e-scooter) pilot program.…
Ontario adjudicator, Aviva targets of “conflict-of-interest” complaints
August 18, 2023 by Alyssa DiSabatinoThe Ontario Trial Lawyers Association (OTLA) filed formal complaints this month against Aviva Canada and Licence Appeal Tribunal (LAT) adjudicator Thérèse Reilly, alleging the adjudicator was in a “conflict of interest” when she continued adjudicating LAT tribunal panels in insurance…
Why AB claim doesn’t clear minor injury guideline hurdle
August 15, 2023 Philip PoradoAn applicant who failed to demonstrate her injuries weren’t minor cannot receive benefits beyond the minor injury guideline (MIG), an adjudicator determined in an Aug. 14 Licence Appeal Tribunal (LAT) decision (Reid v. Aviva General Insurance, 2023 ONLAT 20-015102/AABS – A). The MIG…
Hub privacy breach affects “limited” amount of Canadian data
August 11, 2023 by David GambrillHub International Limited, a Chicago-based brokerage with offices in 10 Canadian provinces and territories, has reported a privacy breach of data related to “a limited number of Canadians.” Hub posted a “notice of a data privacy event” online on Friday,…
Why Berkshire Hathaway’s fidelity bond didn’t cover a Ponzi scheme
August 9, 2023 by David GambrillA fidelity bond issued by Berkshire Hathaway does not cover the loss of an investment firm arising from a Ponzi scheme perpetrated by one of its underlying fund managers. The Ontario Superior Court decision will be appealed, counsel for the…
Would a government ban of ransomware work?
August 8, 2023 by David GambrillIn the United States, the White House has floated the idea of a total ban on ransomware payments, a move that could change the role of a company’s chief information and security officer (CISO), says one expert on corporate information…
What FSRA found when it examined take-all-comers compliance
August 4, 2023 Philip PoradoOntario’s auto insurance regulator has used the phrase “systemic non-compliance” to describe how the province’s 12 largest auto insurance companies are approaching Ontario’s take-all-comers requirement. According to a Financial Services Regulatory Authority of Ontario (FSRA) report, released Friday, market behaviour…
Police say 138 vehicles recovered in probe targeting organized crime
August 4, 2023 The Canadian PressPolice in Windsor, Ont., say they have recovered 138 stolen cars with a total value exceeding $9 million following a joint probe conducted with provincial investigators who specialize in organized crime. They say the probe, dubbed Project Fairfield, was launched…
AXA XL names new underwriting manager in Canada
August 3, 2023 Canadian Underwriter StaffSpecialty insurance provider AXA XL has named Kirsten Andersen underwriting manager for its design professional insurance business in Canada. The business unit provides errors and omissions/professional liability insurance to architectural and engineering firms in Canada, according to the firm’s website.…
Why AB claimant won’t receive additional benefits
August 1, 2023 Philip PoradoAn applicant citing pain and other issues did not meet the burden of proof for an insurer to provide benefits beyond the minimum injuries guideline (MIG), adjudicator Janet Roswell wrote in a July 28, 2023 Licence Appeal Tribunal decision (Jabbour…
Why this title insurer doesn’t owe the client’s improvement taxes
July 31, 2023 by David GambrillCanada’s top court has effectively upheld a decision that a title insurer isn’t on the hook for local improvement charges that become payable in the years following the closing of a real estate transaction. FCT Insurance thus won its appeal…
Industry input sought on new crypto-asset guidance
July 28, 2023 Philip PoradoWhile industries seldom relish regulation, Canada’s property and casualty (P&C) insurers can take solace in the knowledge that draft rules around their exposure to crypto-assets are limited. That’s because the latest Office of the Superintendent of Financial Institutions (OSFI) draft…