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Insurance Blogs hosted by Canadian Underwriter

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When is a flood a “flood”?
by Daniel Strigberger

When is a flood a flood? In Parker Pad & Printing Ltd. v. Gore Mutual Insurance Company, the plaintiff’s premises in Haliburton, Ontario were flooded during a severe rainfall. The rainfall resulted in large pools of water collecting outside of

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The cost of automobile insurance fraud
by Steve Kee

In 2015, auto insurance fraud cost Ontario consumers an estimated $1.3 billion – 13% of total auto insurance premiums. This considerable cost suggests that thousands of people are committing this type of crime. How do the perpetrators commit fraud

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Disclosing flood risk at time of sale
by Glenn McGillivray

The recent flooding in Ottawa, Gatineau, Laval and other places brought four main issues to the fore. First, is the matter of buying out homeowners located in the floodway, the 1 in 20 flood plain. Second, is the need to have a centralized federal or

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WannaCry: A Lesson in Cybersecurity Basics
by Catherine Smola

On March 14, 2017, Microsoft released a critical patch to address a security vulnerability on its Windows operating system. On May 12, eight weeks later, the WannaCry global ransomware attack exploited that exact vulnerability, impacting over 230,000 c

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Flood, risk avoidance, and mandatory buyouts
by Glenn McGillivray

As this is being written, floodwaters are slowly receding after having inundated some 300 homes in the Ottawa area, and nearly 4,000 properties in the province of Quebec. And judging by modern Canadian history, there is a really good chance that in the

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Agreement, not Form, decides Coverage
by Daniel Strigberger

The Ontario Court of Appeal has released an interesting (from an insurance perspective) decision on whether an insurer’s failure to use a prescribed form invalidates an otherwise proper agreement between an insurer and insured. In Royal & Sun

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When is a road-building machine not a road-building machine? Ontario brokers need to know.
by Peter Morris

For Ontario brokers who thought they could rest easy after a year of dealing with the changes to the Statutory Accident Benefits Schedule, I’m afraid your prayers have not entirely been answered. Effective July 1st, the Highway Traffic Act in Onta

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Looking into the Crystal Ball
by Christian Bieck

Are you interested in knowing the future? I certainly would - the more accurate, the better. (Next week’s winning lottery numbers, anyone?) Unfortunately, as the old Danish proverb goes, “Prediction is very difficult, especially about the future

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Flood apparently trumps fire
by Glenn McGillivray

The Fort McMurray wildfire will end up costing government (read: taxpayers) and insurers considerably more than the flooding in southern Alberta in 2013. However, it appears to be the flood that is having – and will continue to have - the longest las

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Coffee Cup Coverage Case Causes Concern
by Daniel Strigberger

I recently read a Superior Court decision about a woman who burned herself with hot coffee at a McDonald’s drive-through. Sound familiar? This case has nothing to do with the notorious hot coffee tort case in the U.S. that made headlines many y