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Why the Supreme Court of Canada validated this limitation-of-liability clause

October 15, 2021 by Greg Meckbach

A software consulting firm that was sued in Quebec for $6.25 million can rely on a limitation of liability clause in its consulting and integration contract, the Supreme Court of Canada ruled in a decision released Friday. In 6362222 Canada

News Commercial LinesInsurance

Canadian cyber MGA looking for carrier partners for international expansion

October 5, 2021 by Greg Meckbach

Canadian managing general agent BOXX Insurance Inc. is about to set up an office in Miami and is looking for carriers to underwrite its cyber coverages outside of Canada. Toronto-based BOXX announced last week it is expanding to the United

News ClaimsClaims CanadaCommercial LinesInsuranceLegal

‘Bodily injury expected or intended’ exclusion applies to daycare seeking liability coverage

September 29, 2021 by Greg Meckbach

Liability insurer Northbridge does not have to cover a Prince George, British Columbia daycare owner accused of shaking a child severely enough to cause brain injury, a judge ruled last week. A lawsuit, against the person operating the daycare, was

The roof of Mary Queen of Peace elementary school was torn off after Hurricane Larry crossed over Newfoundland's Avalon Peninsula in the early morning hours, in St. John's, Saturday, Sept. 11, 2021. THE CANADIAN PRESS/Paul Daly
News AdjustersCatastrophesClaimsClaims CanadaCommercial LinesInsuranceRestoration

What we know so far about Canadian Hurricane Larry claims

September 12, 2021 by Greg Meckbach

Kent Rowe cannot remember winds as bad as they were this past weekend in the Newfoundland and Labrador capital. “We saw gusts here in St. John’s of up to 145 kilometres an hour that lasted for about five or six

News ClaimsClaims CanadaCommercial LinesConstructionEngineeringInsuranceLegal

Engineering or maintenance? Why both CGL and professional liability could cover this lawsuit

September 1, 2021 by Greg Meckbach

A British Columbia court has ruled in favour of Northbridge General Insurance Corporation in a dispute with XL Specialty Insurance Company over liability coverage arising from a strata power failure. Both insurers wrote policies for PCA Valence Engineering Technologies Ltd.,

News AdjustersClaimsClaims CanadaCommercial LinesInsuranceLegalLegislation / Regulation

Should public workers’ compensation protect clients from liability for mental stress caused by harassment?

August 23, 2021 by Greg Meckbach

Ontario’s workers’ compensation tribunal was wrong when it decided that a Niagara Falls hotel can’t be sued by a former worker who alleges she was forced to quit after suffering harassment, the provincial Divisional Court has ruled. As a result

News AppointmentsBrokersCommercial LinesInsurance

New Canadian P&C broking head for Willis Towers Watson

August 20, 2021 by Greg Meckbach

Dublin-based brokerage Willis Towers Watson PLC has appointed Kate Mead as head of its Canadian property and casualty broking team. Mead was previously Willis Towers Watson’s practice leader for the midwest, northeast United States and Canadian environmental business, the brokerage

News Commercial LinesInsurance

This insurer has ‘much more stringent underwriting criteria’ in cyber

August 18, 2021 by Greg Meckbach

Aggregation and systemic risk in cyber insurance means commercial carriers need to build up more capital for large widespread losses, suggests the CEO of a Bermuda insurer. Within cyber lines, Axis Capital Holdings Limited reduced its limits and increased deductibles,

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
News Commercial LinesInsuranceRisk

How to help clients mitigate water damage risk

August 17, 2021 Canadian Underwriter Staff

With water damage claims due to infrastructure failures costing the industry much more per year than natural catastrophes, brokers need to be more proactive in helping clients understand coverages and risk mitigation strategies. Infrastructure and plumbing related water damage is

News BrokersClaims CanadaCommercial LinesInsuranceMarkets / CoveragesRisk

How Lloyd’s insurers will react to capacity reductions in Canada

August 16, 2021 by Greg Meckbach

“Constant churn” helps restore some capacity withdrawn by syndicates, though not always at the same terms and conditions, Lloyd’s Canada’s new president suggests. “When capacity is scarce in one or more syndicates, other syndicates likely view this as an opportunity,”

News ClaimsClaims CanadaCommercial LinesInsuranceLegal

4 causes of social inflation and why it’s costing your clients more

August 10, 2021 by Greg Meckbach

Social inflation is one reason your client’s commercial rates may be outpacing the insurers’ loss cost trends, a Bermuda insurer CEO suggests. “I define social inflation as including politicians, regulator, or courts re-defining wording in favour of claimants,” said Albert

News CatastrophesClaimsClaims CanadaCommercial Lines

How Lloyd’s Canada says the industry can better prepare for the next time a pandemic causes business interruption

August 9, 2021 by Greg Meckbach

Lloyd’s is talking to Canadian government authorities about how business interruption risk, arising from a pandemic, can be transferred in the future. “In Canada, Lloyd’s has talked to the federal finance department and different provincial government regulators,” Lloyd’s Canada president