A British Columbia court this week denied an application by a group of condo owners suing the Travelers Guarantee Company of Canada over a new home warranty to get a summary determination on a question of what the warranty actually…
The Ontario Court of Appeal this week ruled in favour of several insurance companies in dismissing an appeal, from Toronto private equity firm Onex Corp., of a ruling from a lower court ordering American Home Insurance to pay $15 million…
State Farm Mutual Automobile Insurance Company is suing a Toronto-based assessment centre and four individuals for more than $11 million, alleging that false and fraudulent documentation was submitted in the name of Assessment Direct Inc. In a statement of claim…
Distracted driving was at least partially behind 30% of motor vehicle related fatalities in British Columbia last year, the RCMP in the province has reported. Preliminary statistics for 2012 also suggest that 37% of all motor vehicle related injuries involved…
Chubb Group of Insurance Companies has released a new loss prevention guide meant to help directors and officers prepare for litigation if their firm engages in a merger or acquisition (M&A). “Merger and acquisition activity is up, and many companies…
Staged collisions can be very lucrative for fraudsters managing treatment centres, an Insurance Bureau of Canada official says. IBC has evidence that some clinics whose owners or managers are involved in organized crime are paying co-conspirators $2,000 to $3,000 for…
Insurers should be heartened by some recent decisions around auto fraud, perhaps signalling a shift from what some may have been viewed as a pro-claimant bent at the Financial Services Commission of Ontario (FSCO), one lawyer says. “There have been…
Half of employees who left or lost their jobs last year took confidential data with them when the departed, with 40% planning to use that data in their new job, findings from a new global survey suggest. The report from…
An Ontario court ruled this week against Jevco Insurance when a judge decided that auto insurance providers must defend actions against their policyholders even after paying their policy limits, but slammed the province’s Standard Automobile Policy (SAP) for “muddled and…
The U.S. District Court for the Eastern District of Louisiana has accepted BP’s plea resolving all federal criminal charges against the company stemming from the Deepwater Horizon accident, oil spill and response, the company reports. Pursuant to the previously announced…
The New Brunswick Court of Appeal recently upheld a lower court decision requiring a fire insurance claimant to produce records for State Farm Fire & Casualty Insurance. The appeal court dismissed an appeal from Karen Bennett of an Oct. 2011…
How a Complex Property Case Went Wrong