FSCO changes PAF guideline for whiplash injuries
August 1, 2007 byThe Financial Services Commission of Ontario (FSCO) is releasing a revised Pre-approved Framework (PAF) Guideline for Grade I and II Whiplash Associated Disorders and accompanying Pre-approved Framework Extension Request and Discharge Report form (OCF-24/198). The new PAF Guideline is effective…
Go the Extra Mile
August 1, 2007 by Laura KupcisIn order to secure a future in the industry, independent adjusters need to go one step further.
Demand for data loss liability coverage growing in Canada
August 1, 2007 byThe rapid increase of insider-related security breaches and of stolen computer equipment and data storage devices has unnerved the Canadian business community, creating a greater demand for data loss liability coverage products, says Aon Financial Services Group Canadian Advisory. “Under…
Ontario court examines “crystal ball” of future loss of income
August 1, 2007 byA 62-year-old orthopedic surgeon in Windsor, Ont. has been awarded $844,450 in damages–including $714,000 based on a presumed future loss of income between the ages of 65 and 70– or injuries he sustained after being thrown from his bicycle when…
Severing Bad Faith Claims From First Party Property Losses
August 1, 2007 by Havelock Madill, Q.C.The attitude of the Canadian courts to bifurcation
Alberta storms cause more than $42 million in insured damages
August 1, 2007 byStorms and flash floods in Alberta on June 5 are expected to exceed $42 million in insured damages, according to the Insurance Bureau of Canada (IBC). “In Calgary alone, there have been 3,094 insurance claims so far as a result…
Substitutes and the Auto Claims Industry
August 1, 2007 by Greg HornHow understanding and preparing for changes in the physical damage claims distribution can give you a competitive advantage.
Changes to Vicarious Liability
August 1, 2007 by Stephen R. MooreThe Ontario government's attempt to limit leasing and rental company liability.
Identity Theft in Injury Claims
August 1, 2007 by Insurance Bureau of Canada Investigative ServicesA growing trend in insurance fraud
Reduce the Pain of Catastrophic Injury Claims
June 1, 2007 by Ralph Fenik and Phil R. ThorpeIf insurers, reinsurers and risk managers could have one wish granted, it might well be for a potion to control the cost of catastrophic injury claims. In spite of the implementation of caps on awards for whiplash-type cases in many…
Know Your Contract Law ABCs
June 1, 2007 byA Series of Articles Provided by the Insurance Institute of Canada
B.C. case affirms claimants must provide complete information
June 1, 2007 byA recent B.C. Supreme Court jury decision in Rallahan v. Siu and Litt reinforces the need for claimants to provide complete and accurate information when making a claim with auto insurers. The court ruled Balwinder Singh Rallahan failed to provide…
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