Topic
Legal
GM recalls nearly 29,000 Chevrolet Cruzes; faulty air bags can injure passengers
June 27, 2014 THE ASSOCIATED PRESSDETROIT – General Motors Co. is recalling more than 29,000 Chevrolet Cruze compact cars because metal parts in the air bag assemblies can hit the driver and passengers if the bags are inflated. The cars, from the 2013 and 2014…
Aviva Canada seeks damages against broker employee it says conspired with policyholders for cheaper premiums
June 26, 2014 by Canadian UnderwriterAviva Canada announced Thursday it has begun litigation against a former Mississauga, Ont. brokerage employee who was allegedly conspiring with policyholders to misrepresent themselves to get cheaper premiums. The owners of KMI Brokers Inc. are cooperating fully with Aviva’s investigation,…
Air bag recall spreads to more automakers as BMW, Ford, Chrysler join 4 Japan companies
June 24, 2014 THE ASSOCIATED PRESSDETROIT – A recall of defective air bags is spreading to more manufacturers. BMW, Chrysler, Ford, Honda, Mazda, Nissan and Toyota will all recall cars at the U.S. government’s request because their air bag inflators could rupture. If that happens,…
Majority of Americans over 75 still drive, but some report slower reaction times, tiring easily
June 24, 2014 by Canadian UnderwriterOne in six American drivers surveyed, aged 75 or older, say they “tire easily or have slow reaction times” while 9% of respondents said they got lost or confused while driving, Liberty Mutual Insurance announced Tuesday. In a press release,…
A warning unheeded: GM employee saw ‘serious safety problem’ 8 1/2 years before latest recall
June 19, 2014 Paul Wiseman, THE ASSOCIATED PRESSWASHINGTON – General Motors employee Laura Andres was driving a 2006 Chevrolet Impala home when she hit a bump in the road. The engine stalled, and the Impala came to a dead stop. The car behind her had to swerve…
Insurance Bureau calls for ‘tough measures’ in Ontario to fight auto claims fraud
June 18, 2014 Greg Meckbach, Associate EditorNow that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last…
Aviva Canada details recent alleged insurance scam
June 17, 2014 by Canadian UnderwriterAviva Canada has released details of a recent insurance scam, warning consumers to make sure they’re using someone licensed when purchasing their coverage, even if that person has been recommended through a friend. In April, a Mississauga, Ont. man was…
Ford Escape tops NICB list of most-stolen utility vehicles but 95% were recovered
June 16, 2014 by Canadian UnderwriterThe National Insurance Crime Bureau released Monday a report on thefts of utility vehicles in the United States over a four-year period, reporting three Ford Motor Co. models, one Kia Motors Corp. vehicle and Chrysler Group LLC’s Jeep Grand Cherokee…
Quebec government seeks $409 million from train company in Lac Megantic disaster
June 16, 2014 THE CANADIAN PRESSQUEBEC – The Quebec government is adding its name to a list of creditors seeking money from the insolvent railway company at the heart of the Lac-Megantic train disaster. The government says it is seeking $409 million from the Montreal,…
Ontario Liberals to reintroduce budget, IBAO calls for bills reforming auto claims, towing
June 13, 2014 Greg Meckbach, Associate EditorNow that the Ontario Liberals have a majority government, they reportedly plan to re-table a budget in which they proposed to prohibit credit unions from promoting auto and home insurance online and to develop an office dedicated to investigating and…
Supreme Court to rule on conflict between bankruptcy law, provinces collecting money from uninsured drivers
June 12, 2014 Greg Meckbach, Associate EditorThe Supreme Court of Canada plans to rule on the question of whether a province can suspend the driver’s licence of a person who has been discharged from bankruptcy after failing to pay, in full, money owed to that province’s…
FSCO inviting insurers, law firms to register for new dispute resolution portal
June 12, 2014 by Canadian UnderwriterThe Financial Services Commission of Ontario has announced that the registration for access to its new dispute resolution services portal is now available for insurance companies and law firms. The pilot phase for use of the portal is set to…