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What’s New: In Brief (August 20, 2009)

August 20, 2009 by Canadian Underwriter

Carstar’s 12th annual industry conference acknowledged Carstar franchise owners who have demonstrated distinguished service and outstanding leadership. This year’s President’s Club recipients include: •    Carstar Kitchener Victoria Street, Ontario; •    Carstar Brossard, Quebec; •    Carstar Kingston Ontario; •    Carstar Sudbury,

News InsuranceLegalMergers and Aqcuisitions

What’s New: In Brief (August 11, 2009)

August 11, 2009 by Canadian Underwriter

ICBC has been awarded more than Cdn$600,000 in damages and interest by the B.C. Supreme Court after a lengthy trial related to an insurance fraud ring. The Supreme Court ruled in Insurance Corporation of British Columbia v. Suska that a

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Securities fraud suit filings outpace securities class action suit filings

August 5, 2009 by Canadian Underwriter

The number of securities lawsuits filed in the United States dropped significantly in 2009 Q2 when compared to the first quarter of this year, but the decrease may only represent a temporary lull, reports Advisen.One hundred and forty securities cases

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Arbitrator in priority case not allowed to consider quality of insurer’s investigation after 90-day notice period is over: Ontario court

July 23, 2009 by Canadian Underwriter

If an Ontario auto insurer disputes its priority to pay no-fault accident benefits after the statutory 90-day notification period is over, an arbitrator oversteps his or her bounds by considering the quality and/or timing of the insurer’s investigation after the

News InsuranceLegalMergers and Aqcuisitions

Alberta auto cap heads to Supreme Court of Canada

July 22, 2009 by Canadian Underwriter

Alberta’s auto cap legislation is going to the Supreme Court of Canada. The Alberta Court of Appeal ruled in June that a Cdn$4,000 cap on insurance claims for minor auto injuries does not infringe the Canadian Charter of Rights and