Topic
Legal
Cargo theft a growing insurance problem for Canada: IBC
June 7, 2013 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) and the Provincial Auto Theft Network (PATNET) are making efforts to educate the public on cargo theft, which the groups say is a growing insurance problem here and south of the border. The groups…
Ontario Court of Appeal lets auto claimant amend “poorly drafted” claim against insurer
June 7, 2013 by Canadian UnderwriterThe Ontario Court of Appeal recently ruled against Economical Insurance when it decided that a policyholder can amend a claim against the carrier under a family protection endorsement of an auto policy. The case stemmed from a collision in November…
Average cost of data breach rose in 2012, most expensive in Germany and U.S.: report
June 6, 2013 by Canadian UnderwriterHuman errors and system problems caused two-thirds of data breaches last year, although those caused by malicious attacks were the most costly, according to global report from the Ponemon Institute. The global average cost for breaches was $136 per record…
Manitoba uses $1 million seized from criminals for new RCMP safety initiatives
June 6, 2013 by Canadian UnderwriterManitoba’s provincial government is using about $1 million seized through criminal property forfeitures to fund new safety and victim support initiatives within the RCMP, including more computer messaging signs to alert drivers to hazards. The province will also fund five…
Ontario court to order insurer to defend personal injury lawsuit arising from doughnut shop fight
June 6, 2013 by Canadian UnderwriterAn Ontario Court plans to order Economical Insurance to defend a lawsuit against a policyholder for personal injuries allegedly resulting from a fight over a spot in line at a Tim Horton’s east of Toronto. The Economical policyholder was convicted…
Supreme Court to consider appeal from municipality sued under Saskatchewan no-fault auto insurance law
June 5, 2013 by Canadian UnderwriterThe Supreme Court of Canada has scheduled for next Monday an oral hearing on an application for leave to appeal a ruling that allows an auto accident victim from Saskatchewan with no-fault injury insurance to sue. One issue in the…
Ontario Trial Lawyers Association elects new president
June 5, 2013 by Canadian UnderwriterThe Ontario Trial Lawyers Association has elected Toronto personal injury lawyer Charles Gluckstein as its new president for 2013-14. Gluckstein has served on the association’s board of directors since 2001 and has been on its executive committee for the past…
Appeal court overrules jury verdict in personal injury lawsuit against Ontario bar for over-serving alcohol to driver
June 5, 2013 by Canadian UnderwriterThe Ontario Court of Appeal last week overruled part of the verdict of a lawsuit against a bar that served alcohol to a driver who crashed his car and the injured plaintiff. Kyle McLean was a passenger in a vehicle…
Directors, officers of restaurant franchisor sued by Hamilton, Ontario franchisee
June 3, 2013 by Canadian UnderwriterCora Franchise Group Inc., as well as four of its directors and officers, are being sued in an Ontario court by the operators of one of its franchises, who are alleging fraudulent misrepresentation. None of the allegations have been proven,…
Ontario auto insurance regulation changes take effect
June 3, 2013 by Canadian UnderwriterSeveral amendments to Ontario auto insurance regulation took effect June 1, including changes to the Unfair or Deceptive Practices regulation and to the Statutory Accident Benefits Schedule. Ontario Regulation 7/00, which is part of the Unfair or Deceptive Practices Act,…
Facilitating the Transaction
June 1, 2013 Dane HambrookRepresentations and Warranties insurance, as an integrated transaction solution on mergers and acquisitions, is becoming a more viable alternative among intermediaries for closing a deal.
Damage Control
June 1, 2013 Donna Ford, Freelance WriterIt remains to be seen whether or not the $5-million punitive damage award ordered by a Saskatchewan court against two insurers will be upheld on appeal. But a lawyer speaking at a motor vehicle litigation seminar suggested the ruling signals the frustration of courts with the actions of some insurance companies.