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How liability coverage limits determined what this bar owed in commercial host lawsuit

May 25, 2020 by Greg Meckbach

A bar found 20% liable for an impaired driving accident has to pay two-thirds of the plaintiff’s legal costs and wound up paying double for damages what the at-fault motorist paid. Hummel v. Jantzi, released May 14 by the Ontario…

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Pandemic insurance fraud: What to watch for…

May 25, 2020 by Greg Meckbach

Inflated auto towing and storage claims and arson are among the risks the industry faces from the economic downturn and social distancing arising from the pandemic, a fraud and data analytics expert warns. “A legitimate accident may happen and [a…

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Residents evacuated for forest fire near Halifax allowed to return home

May 25, 2020 by THE CANADIAN PRESS

PORTERS LAKE, N.S. – Residents of more than 500 homes that were threatened by a forest fire in an area east of Halifax are being allowed to return now that officials have lifted an evacuation order. Halifax Fire tweeted late…

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The three pandemic BI exclusions at the centre of a class action lawsuit

May 22, 2020 by Greg Meckbach

A Laval area restaurant that says it has lost more than $700,000 in two months as a result of the  pandemic is not taking no for an answer from the insurer, who says business interruption coverage does not apply because…

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Q&A: Business Continuity in the Digital Age

May 22, 2020 by David Gambrill

There has been a significant amount of discussion, both within and outside of P&C industry, about whether a commercial insurance policy offers pandemic coverage for business interruption losses. Generally speaking, commercial liability policies exclude business interruption coverage for pandemic. However,…

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Why consumer acceptance of biometrics is good news for your clients

May 22, 2020 by Adam Malik

Consumers are actually open to —and even demanding — two-factor authentication safeguards such as biometrics for their online accounts, a new study has found. Nearly three-quarters (72%) of Canadians would allow their bank to analyze behavioural biometrics, like typing speed,…

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Meteorologists predict active hurricane season, Canadians told to prepare

May 22, 2020 by THE CANADIAN PRESS

HALIFAX – Canadian meteorologists are predicting another active hurricane season, saying conditions are right for a long list of tropical storms. The Canadian Hurricane Centre in Halifax issued its seasonal forecast today, following up on a similar prediction offered Thursday…

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What smaller brokerages need to sell cyber to SMEs

May 21, 2020 by David Gambrill

Smaller brokerages need improved tools to sell cyber insurance to small and mid-sized enterprises (SMEs), a cyber insurer told Canadian Underwriter recently. The industry is currently working to provide those tools, which may include a scaled version of the third-party…

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Why it might get easier for plaintiffs to fund their lawsuits

May 21, 2020 by Greg Meckbach

With a recent Supreme Court of Canada decision involving third-party litigation funding coming on top of the economic disruption caused by the COVID-19 pandemic, Canadian courts are likely to see a spike some types of lawsuits, suggests the head of…

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COVID 19 pandemic adds risk to wildfire season: B.C. forests minister

May 21, 2020 by THE CANADIAN PRESS

NEW HAZELTON, B.C. – The COVID-19 pandemic has increased the danger of British Columbia’s wildfire season and the province’s forests minister says public help is crucial to reduce fires. Doug Donaldson says wildfires caused by humans are preventable and divert…

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Opinion: How to sell cyber insurance digitally

May 20, 2020 by Nick Novinger, Regional Manager (Quebec), Canadian Insurance Brokers Inc.

We’re operating in a much more digital world than just a few months ago. As companies of all sizes scramble to make their operations work outside their physical buildings, the threat of cyberattacks increases. Small business clients intuitively understand the…

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Where the federal government sits with its national flood insurance review

May 20, 2020 by Greg Meckbach

Six years after the federal government promised to explore options for a national approach to home flood insurance, the feds are still thinking about it. About 13,000 were recently evacuated from Fort McMurray, Alta., because of flooding on the Athabasca…