Ontario politicians from all three parties spoke Wednesday in favour of a government bill, that if passed into law, would discourage the use of litigation as a means of limiting expression on matters of public interest. One opposition politician noted…
Changing trends and the complexity of auto theft in the country, estimated to cost Canadians $600 million annually, demands the co-operation and involvement of many partners, notes a statement from the Insurance Bureau of Canada (IBC). On average, about 420…
The Supreme Court of Canada has denied an application by Nicola Zefferino, who lost a lawsuit two years ago against Meloche Monnex Insurance Company, to appeal a ruling by the Ontario Court of Appeal. On March 1, the provincial appeal…
CAA Insurance is launching a new legal coverage product, underwritten by DAS Canada. The product, launching this fall, offers Basic Legal Expense Insurance, and will be included at no extra charge to CAA’s property insurance policyholders with a multi-line auto…
Toronto Police Service officers arrested a man outside of his home in Edmonton this week in connection with an insurance scam. On Tuesday, police arrested Serafattin (George) Solak after receiving a Canada-wide warrant from the Ontario Crown Attorney’s office. During…
New Jersey-based Chubb Group of Insurance Companies is now offering added protection for contractors who purchase and install a tracking device on their equipment. “Contractors’ equipment is more than twice as likely to be stolen than damaged or lost due…
The number of Labour Day long weekend traffic deaths is declining, although the Ontario Provincial Police reported three fatalities and nearly 400 distracted driving charges this past holiday weekend. A 16 year-old male died after being struck by a motor…
Why would words matter less than expectations? American Home Insurance has been taken to court by private equity firm Onex over a disputed D&O claim. Cases of this nature show that intentions and negotiations should be monitored carefully while any policy or contract is being prepared.
Contractors who clean, remediate, repair and renovate properties that have undergone insured losses have little to no say in their top-line revenue. But with hazards such as asbestos, flammable materials, toxic chemicals and damaged but live electrical components, the cost of ensuring the safety of employees and the occupants is significant and this is eroding the margins of restoration contractors.
The Financial Services Commission of Ontario (FSCO) has eliminated its mediation backlog for disputes related to auto insurance claims, although that does mean that arbitration applications are increasing. As of Aug. 19, the regulator had eliminated the “unprecedented” backlog of…
A Canadian Senate committee has released a report on transporting energy safely in the country, including a recommendation that Transport Canada apply “appropriate minimum liability coverage thresholds” to rail companies. The report from the Senate’s Standing Committee on Energy, the…
The Financial Services Commission of Ontario (FSCO) has issued an advisory warning consumers that an individual called Mark Li Mosse is not licensed to do insurance business in the province. “FSCO has been informed that Mr. Li Mosse sold a…