Canadian Underwriter

News ClaimsClaims CanadaLegalRiskTechnology

How this cyber breach defendant got a six-figure cost award

June 13, 2019 by Greg Meckbach

Defendants who won a class-action lawsuit were recently awarded $166,000 to reimburse them for legal costs, but the plaintiffs are appealing. Casino Rama, located near Orillia, Ont. was the target of a cyber breach in 2016 by an unknown criminal.…

News ClaimsEarnings / RatingsInsuranceMarkets / Coverages

What is costing Alberta auto insurers the most

June 13, 2019 by Jason Contant

Third-party liability coverage continues to be the bane of Alberta auto insurers’ existence, the province’s Automobile Insurance Rate Board (AIRB) revealed in its 2018 annual report. Provincial auto insurers collect 53% of every dollar for third-party liability coverage, but are…

News AdjustersClaimsClaims CanadaInsuranceLegislation / Regulation

CU Total Loss Series: Bending Time

June 13, 2019 by David Gambrill, Editor-in-Chief

Total Loss Series, Part 3: Solutions Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total…

News EngineeringLegal

$107-million Saskatchewan oil leak results in guilty plea

June 12, 2019 by Colette Derworiz - THE CANADIAN PRESS

LLOYDMINSTER, Sask. – Husky Energy has pleaded guilty in a pipeline leak that sent oil spilling into a major river and fouled the source of drinking water for thousands of people. The spill into the North Saskatchewan River in July…

News ClaimsInsurance

Why is New Brunswick’s loss ratio the highest in Canada?

June 12, 2019 by Jason Contant

What is contributing to New Brunswick’s skyrocketing loss ratio? According to Canadian Underwriter’s 2019 Statistical Issue, the total (direct) loss ratio for the province last year was 100.8%, up 22 points from 78.8% in 2017. This makes it the highest…

News Claims CanadaRestoration

Cause of large B.C. hotel fire still under investigation

June 11, 2019 by THE CANADIAN PRESS

VICTORIA – Councillors in Victoria are being asked to authorize demolition of what remains of the Plaza Hotel after a fire that burned for four days in the city’s downtown last month. The three-storey, 108-year-old vacant structure had been designated…

News ClaimsLegalTechnology

Nova Scotia Health Authority investigating possible privacy breach

June 10, 2019 by THE CANADIAN PRESS

HALIFAX – The personal health information of nearly 3,000 people may have been compromised in a phishing attack, the Nova Scotia Health Authority says. The health authority said Monday that it is investigating a “potential” privacy breach affecting 2,841 patients.…

News ClaimsLegal

Sexual abuse class-action against Montreal oratory can proceed

June 7, 2019 by Greg Meckbach

If you provide commercial liability coverage for religious organizations, you might want to check Friday’s Supreme Court of Canada’s decision in L’Oratoire Saint-Joseph du Mont-Royal v. J.J. The decision paves the way for a class action lawsuit against Montreal’s St.…

News ClaimsInsurance

How this auto client got bus-ted

June 7, 2019 by Greg Meckbach

A British Columbia motorist whose sharp right turn made a bus brake suddenly has lost his dispute with the Insurance Corporation of B.C. Wen Sheng Li was involved in an accident in Vancouver on June 1, 2018. ICBC found him…

News ClaimsInsurance

Spring flooding not sinking cottage markets in Ontario, Quebec: report

June 7, 2019 by Ross Marowits - THE CANADIAN PRESS

TORONTO – Spring flooding has failed to sink Ontario and Quebec’s cottage real estate markets, according to Royal LePage’s annual recreational property report. Parts of Quebec cottage country were inaccessible for weeks because of road closures and some Ontario properties…

News ClaimsInsuranceRestorationTechnology

How AI can help shape a more effective disaster response

June 7, 2019 by Jason Contant

Artificial intelligence (AI) should be used not only to predict what will happen, but to shape and influence that outcome, the president of IBM Canada said Wednesday. “Predicting it is good, but the value that you get as an enterprise…

News Claims

Welcome to the new era of online flood maps

June 6, 2019 by Greg Meckbach

The organization responsible for flood risk mitigation in and near Kitchener, Ont. is contemplating enabling online access to maps that would let some clients see whether they are in a high-risk flood zone. For the Grand River Conservation Authority (GRCA),…