Case out of B.C. clarifies the importance of disclosing all pertinent information.
There is a distinction to be made between primary, excess and/or umbrella policies when “other insurance” policies are called upon to respond in situations when primary coverage has been exhausted, the Ontario Court of Appeal ruled recently. In McKenzie v.…
In the summer of 2000 Chris Lamon, a stuntman, was killed during the filming of the Steven Seagal movie Exit Wounds. He and another stuntperson were supposed to roll safely out of a van travelling upside down on a street,…
There is a distinction to be made between primary, excess and/or umbrella policies when “other insurance” policies are called upon to respond in situations when primary coverage has been exhausted, the Ontario Court of Appeal ruled recently. In McKenzie v.…
David McMichael admits to using cocaine before the accident, but claims he only used crack cocaine for the first time after a failed attempt to return to work following the crash.
An Ontario Superior Court of Justice case, Oliveira v. Mullings, recently considered the standard for summarily dismissing a claim made against an auto insurer. The claim was based on a September 2003 motor vehicle collision, in which one of the…
A Series of Articles Provided by the Insurance Institute of Canada
An Ontario Superior Court of Justice case, Oliveira v. Mullings, recently considered the standard for summarily dismissing a claim made against an auto insurer. The claim was based on a September 2003 motor vehicle collision, in which one of the…
Underwriting income is down and claims costs are up, according to 2007 Q1 financial figures posted by the Office of the Superintendent of Financial Institutions (OSFI), which oversees federally regulated property and casualty insurers in Canada. The OSFI 2007 Q1…
The Alberta government on June 12 introduced Bill 42, which contains a number of changes to the province’s Insurance Act, including an extension of the limitation period for a policyholder to claim against an insurer from one to two years.…
Canadian carriers scored the lowest in terms of quality of underwriting, policy administration and service when compared with the United States, London and Bermuda carriers in Willis Group’s inaugural Carrier Evaluation Survey. In terms of claims, Canadians nudged ahead of…
The claims profession is not immune to the same succession issues facing the insurance and other industries.