Canadian Underwriter

Topic
Legal


Highway with speeding traffic at sunset.
News ClaimsInsuranceLegalLegislation / RegulationMarkets / CoveragesRisk

Will faster highway speeds lead to more claims?

April 7, 2022 Philip Porado and Alyssa DiSabatino

Starting Apr. 22, Ontario drivers will be able to take six sections of highway, primarily in the southern part of the province, at 110 km/h. Highway segments where speeds will permanently rise from 100 km/h to 110 km/h are: Queen

Negotiations concept, different businesspeople discussing deal details at group meeting, young and senior partners team thinking talking consulting about contract sitting at conference office table
News ClaimsCommercial LinesInsuranceLegal

Insurers winning court battles to enforce pandemic BI arbitration

April 4, 2022 by David Gambrill

Quebec insurers with arbitration clauses written into their business interruption policies are winning battles to have pandemic BI class action suits go through arbitration rather than through the courts. Both of law firm Clyde & Co.’s Top 2 cases of

Nuclear power plant after sunset. Dusk landscape with big chimneys.
News ClaimsClaims CanadaCommercial LinesInsuranceLegalMarkets / CoveragesRisk

How Canada’s top court just bolstered pandemic BI exclusions

April 1, 2022 by David Gambrill

Canada’s top court has dismissed the appeal in a nuclear reactor case that trial lawyers might have used as a precedent to challenge the physical damage policy exclusions found in many pandemic-related business interruption insurance cases. As is customary, the

Business man travelling the world to acquire insurance.
News BrokersClaimsCommercial LinesInsuranceLegalLegislation / RegulationMarkets / CoveragesMGAsReinsurance

Placing business with non-licensed markets: What to look for

March 31, 2022 Greg Meckbach

Clients looking for property and casualty coverage have options other than insurers licensed to write coverage in Canada. But brokers and managing general agents say there are hazards and tax implications when placing with an unlicensed or non-admitted insurer. And

Portrait of african american businesswoman wearing protective face mask standing in modern office.
News AdjustersBrokersEmploymentInsuranceLegalLegislation / RegulationMGAsRisk

How Canada’s P&C industry feels about COVID safety in their offices

March 30, 2022 by David Gambrill

More than seven out of 10 Canadian P&C industry professionals feel protected from COVID in their new hybrid office arrangements, according to an online poll conducted this week by Canadian Underwriter. Over 650 P&C professionals answered CU‘s survey, including brokers,

'Disclosure' typed with an old typewriter.
News BrokersEarnings / RatingsInsuranceLegalLegislation / Regulation

Fee disclosure: Where national guidance meets provincial regulation

March 29, 2022 by David Gambrill

If you are a broker concerned about fair dealing with consumers, must you disclose your premiums that are baked into their premium rates? Or only those fees separate and apart from your commissions? In fine Canadian fashion, the answer depends

Man types on his laptop. An image of a masked man holding a padlock and the text "pay" shows up on his screen.
News ClaimsInsuranceLegalMergers and Aqcuisitions

What happens when you negotiate with a hacker?

March 18, 2022 by Alyssa DiSabatino

Clients have a tough choice to make when they’re hit with a ransomware attack — to pay or not to pay?   “If you decided not to pay the ransom for whatever reason, and that hacker ultimately discloses that information,

Rural family home fully engulfed in flames.
News ClaimsClaims CanadaInsuranceLegal

Why this home insurer wasn’t allowed to use a replacement cost overpayment to set off a contents claim

March 17, 2022 by David Gambrill

A home insurer lost its bid to set off a contents claim using the difference between the Guaranteed Replacement Cost (GRC) and the depreciated value of a home that was rebuilt after a fire. The Ontario Superior Court allowed this

High rise building construction in urban area.
News AdjustersClaimsCommercial LinesConstructionEngineeringInsuranceLegal

A new way for insurers to handle construction delays and cost overruns

March 17, 2022 Jonathan E. McNatty

Since 2016, the federal government’s slated nearly $100 billion to support development of transit extensions, shipping port improvements, affordable housing and more. When private-sector construction slowed in March 2020, federal infrastructure building quickly filled the gap. And, throughout 2021, both

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News Legal

Saskatchewan paid out $125M for oil well cleanup before getting legislative approval

March 16, 2022 Mickey Djuric - THE CANADIAN PRESS

REGINA – Saskatchewan’s auditor says the Ministry of Energy and Resources violated government legislation by handing out grants for cleaning up inactive oil wells before getting approval. Tara Clemett says the ministry paid $125 million to the Saskatchewan Research Council

News AdjustersClaimsInsuranceLegal

Dangerous driving doesn’t necessarily trigger policy exclusion for intent to injure

March 14, 2022 by David Gambrill

A driver pleading guilty and spending nine months in jail on a charge of dangerous driving causing bodily harm does not necessarily prove he intended to cause the injuries, an Alberta court has found. In other words, an auto insurer

Canadian dollar money gift
News BrokersInsuranceLegalLegislation / Regulation

Financial incentives for selling insurance: The regulators’ take

March 11, 2022 by David Gambrill

Canada’s legal community is reminding the Canadian property and casualty industry about proposed new regulatory guidance for financial incentives to buy insurance. Among the proposed expectations of Canadian insurance regulators, it will be assumed that once insurers offer brokers financial