Covering your Interruption
April 5, 2018 by Cary Schneider, Partner, Beard Winter LLP; and Greg Markell, President, CEO, Ridge Canada Cyber SolutionsFor Canadian businesses, institutions and government agencies, ransomware and cyberbreaches have become an epidemic. Just five years ago, cyber risk ranked Number 15 in the annual Allianz Risk Barometer; this year, it has skyrocketed to Number 2.1 If you have…
Tens of thousands without power in southern Ontario due to windstorm
April 4, 2018 by The Canadian PressTORONTO – A powerful windstorm is sweeping through southern Ontario, knocking out power to tens of thousands of people and disrupting travel in the air and on the roads. Environment Canada has issued a wind warning for the region, saying…
Despite late notice to claimant, court green-lights priority dispute between insurers
April 2, 2018 by David GambrillIn a priority dispute between insurers over accident benefits payments, the claimant does not necessarily have to be notified about the priority dispute at the same time as the other carrier, the Ontario Court for Appeal has ruled. The major…
A government that actually followed through on its promise to reduce tax on insurance premiums
March 28, 2018 by Jason ContantDrivers in Newfoundland and Labrador can thank the province’s improved financial situation for a lower tax burden on auto insurance premiums in 2018. If the province’s financial situation continues to improve, the government said it might consider reducing the tax…
For taxi drivers, mum’s the word on reporting losses
March 21, 2018 by David GambrillTaxi cab companies and drivers are not reporting losses promptly (or at all), thereby escalating taxi insurers’ claims costs in Newfoundland and Labrador, according to a taxi claims review submitted to the province’s Public Utilities Board. “The factor identified by…
Southwestern Ontario storm that flooded Brantford cost insurers $57 million
March 20, 2018 by Jason ContantA February storm that affected Brantford, Ont., as well as other areas of southwestern Ontario and Quebec, is estimated to have cost more than $57 million in insured damaged, Catastrophe Indices and Quantification Inc. (CatIQ) said Tuesday. Between Feb. 19…
If a car is parked in the forest, is it fraud?
March 20, 2018 by Jason ContantOut of sight, out of mind? That expression could be used to describe a recent Manitoba Public Insurance (MPI) fraud case in which a hunter, deep in the backwoods of the Interlake, was amazed to come across a car in…
Desjardins’ weather alerts: sign of a preventative insurance model?
March 19, 2018 by Jason ContantDesjardins General Insurance Group (DGIG) will soon launch severe weather alerts allowing consumers to take pre-emptive steps to protect their property from potential damage. The move is indicative of a larger trend towards a preventative insurance model, as found in…
Zombies on the sidewalk
March 19, 2018 by Adam Campbell, senior associate, human factors, 30 Forensic EngineeringThe science behind ‘Zombie Laws’ and their potential effect on the litigation of pedestrian collisions
End of the line for CFL player’s concussion lawsuit
March 16, 2018 by Dan Ralph - THE CANADIAN PRESSArland Bruce III won’t be having his day in court. The Supreme Court of Canada said Thursday it won’t hear Bruce’s concussion lawsuit against the CFL and former commissioner Mark Cohon. The decision came after two B.C. courts, the Supreme…
Trojan Horse or Workhorse?
March 16, 2018 by Emily Atkins, EditorIs smart automation a boon or bane?
Lessons from the field in Fort Mac
March 15, 2018 by Kris Rzesnoski, vice-president, business development, EncircleOn May 3, 2016 a massive wildfire swept through the remote Alberta community of Fort McMurray, necessitating the largest wildfire evacuation in Canadian history, with upwards of 88,000 people fleeing their homes. May 3rd was a turning point as well…
CANADIAN UNDERWRITER RESOURCES (PAID CONTENT)
