Canadian Underwriter

Topic
Claims


News ClaimsInsuranceLegal

Opinion: How changes forced by pandemic are reducing litigation costs

May 26, 2020 Ari Krajden, Kawaguchi Krajden LLP

It has become common to say that we’re living through an unprecedented time. We’re also living in a time of great change that has been forced upon us. Some of these changes have been for the better — and have

News AdjustersBrokersEmploymentInsuranceTechnology

Q&A: Business Continuity in the Digital Age

May 26, 2020 by David Gambrill

More than 3 million Canadians lost their jobs in March and April due to the business closures to reduce the spread of the novel coronavirus. An Angus Reid poll published in March suggested that 44% of Canadian households reported lost

News ClaimsClaims CanadaInsurance

Why noxious gas release claims can be costly

May 26, 2020 by Greg Meckbach

Toxic gas leaks may not happen often in Canada but if it happens to your client, it can result in a large third-party liability claim, a managing general agent warns. A styrene gas leak from an LG Polymers in India

News ClaimsClaims CanadaInsuranceLegal

How liability coverage limits determined what this bar owed in commercial host lawsuit

May 25, 2020 by Greg Meckbach

A bar found 20% liable for an impaired driving accident has to pay two-thirds of the plaintiff’s legal costs and wound up paying double for damages what the at-fault motorist paid. Hummel v. Jantzi, released May 14 by the Ontario

News AdjustersCatastrophesClaims CanadaInsurance

Pandemic insurance fraud: What to watch for…

May 25, 2020 by Greg Meckbach

Inflated auto towing and storage claims and arson are among the risks the industry faces from the economic downturn and social distancing arising from the pandemic, a fraud and data analytics expert warns. “A legitimate accident may happen and [a

News CatastrophesClaimsClaims Canada

Residents evacuated for forest fire near Halifax allowed to return home

May 25, 2020 THE CANADIAN PRESS

PORTERS LAKE, N.S. – Residents of more than 500 homes that were threatened by a forest fire in an area east of Halifax are being allowed to return now that officials have lifted an evacuation order. Halifax Fire tweeted late

insPRESS Claims

STER-OL Infection Control offers AssessMed and Ontario businesses support as the province begins to reopen

May 25, 2020 STER-OL Infection Control

MARKHAM, ON, MAY 25, 2020/insPRESS/ – As Ontario wades into the recovery phase, STER-OL Infection Control is providing assistance to businesses and medical facilities as they begin to reopen to the public. They have partnered with AssessMed, a leader in

News CatastrophesClaimsInsuranceRisk

Q&A: Business Continuity in the Digital Age

May 22, 2020 by David Gambrill

There has been a significant amount of discussion, both within and outside of P&C industry, about whether a commercial insurance policy offers pandemic coverage for business interruption losses. Generally speaking, commercial liability policies exclude business interruption coverage for pandemic. However,

News ClaimsClaims CanadaInsuranceLegal

The three pandemic BI exclusions at the centre of a class action lawsuit

May 22, 2020 by Greg Meckbach

A Laval area restaurant that says it has lost more than $700,000 in two months as a result of the  pandemic is not taking no for an answer from the insurer, who says business interruption coverage does not apply because

News BrokersClaimsInsurance

Why consumer acceptance of biometrics is good news for your clients

May 22, 2020 by Adam Malik

Consumers are actually open to —and even demanding — two-factor authentication safeguards such as biometrics for their online accounts, a new study has found. Nearly three-quarters (72%) of Canadians would allow their bank to analyze behavioural biometrics, like typing speed,

News CatastrophesClaims CanadaRestoration

Meteorologists predict active hurricane season, Canadians told to prepare

May 22, 2020 THE CANADIAN PRESS

HALIFAX – Canadian meteorologists are predicting another active hurricane season, saying conditions are right for a long list of tropical storms. The Canadian Hurricane Centre in Halifax issued its seasonal forecast today, following up on a similar prediction offered Thursday

News BrokersClaimsInsuranceRiskTechnology

What smaller brokerages need to sell cyber to SMEs

May 21, 2020 by David Gambrill

Smaller brokerages need improved tools to sell cyber insurance to small and mid-sized enterprises (SMEs), a cyber insurer told Canadian Underwriter recently. The industry is currently working to provide those tools, which may include a scaled version of the third-party