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Municipalities: another victim of the hard market?

December 9, 2019 by Jason Contant

Are Ontario municipalities another victim of the hardening market? “A lot of municipalities are facing increased premiums or difficulty with obtaining insurance,” said Pino Cianfarani, partner at Lerners LLP, speaking at Insurance Bureau of Canada’s (IBC) Commercial Insurance Symposium Nov.…

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How this surety bond could be examined by Supreme Court of Canada

December 9, 2019 by Greg Meckbach

When do the terms of a surety bond allow a construction project owner to withhold payments to a contractor? This question could go to the Supreme Court of Canada, which recently announced a federal crown corporation wants to appeal a…

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Train derailment sparks fire that closes highway

December 9, 2019 by The Canadian Press

LANIGAN, Canada – A Canadian Pacific freight train hauling crude derailed overnight sparking a fire that forced the closure of part of a major highway south of Humboldt, Sask. A release issued by the RCMP said traffic on Highway 16…

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Soaring above the pile

December 5, 2019 by The CIP Society - Insurance Institute of Canada

Does it become an ethical issue when claims workloads start to pile too high?

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Why thieves love the older models of Ford pickup trucks

December 5, 2019 by Adam Malik

Ford trucks once again topped the list of most-stolen vehicles in Canada, according to the latest report from Insurance Bureau of Canada (IBC). But the thieves don’t want the new models: it turns out that nine of the 10 most…

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Chain of Command

December 4, 2019 by By Emily Atkins, Freelance Writer

TD Insurance now owns several auto repair centres, yet another example of an insurer buying into the supply chain

News ClaimsInsuranceMarkets / Coverages

The ‘silent assassin’ in this liability coverage

December 2, 2019 by Jason Contant

We’ve all heard of ‘silent cyber’: potential cyber exposures contained within traditional property and liability policies that may not implicitly include or exclude cyber risks. But what about a ‘silent assassin’ in a policy? “Technology-related areas are a silent assassin…

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Why an insurer has to pay brake repair costs under this optional policy

December 2, 2019 by Jason Contant

Is the cost to repair vehicle brakes covered by an optional Autoplan policy in British Columbia? Yes, if the fact situation is similar to a small claims dispute recently heard by the province’s Civil Resolution Tribunal. In Driedger v. ICBC,…

News ClaimsEngineeringLegal

Why Supreme Court of Canada ruled in favour of Lloyd’s

December 2, 2019 by Greg Meckbach

A $5.6-million court award in favour of Lloyds Underwriters and one of its Quebec-based shipowner clients has been restored by the Supreme Court of Canada. Desgagnés Transport Inc. v. Wärtsilä Canada Inc., released Nov. 28, means a section of the…

News ClaimsMarkets / CoveragesRiskTechnology

Why there needs to be a refresh of policy triggers for this E&O coverage

November 29, 2019 by Jason Contant

There needs to be a complete refresh and rethink of policy triggers for healthcare liability insurance to make sure it’s up to speed for the digital age, a specialist insurer said. With traditional insurance for medical malpractice, a type of…

News ClaimsCommercial LinesInsuranceMarkets / Coverages

One positive trend in the P&C industry’s third-quarter results

November 28, 2019 by David Gambrill

Canada’s federally-regulated property and casualty insurers appear to be getting a handle on their property lines claims ratios, although auto lines are still in trouble, according to third-quarter industry results released by the country’s solvency regulator, the Office of the…

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Removing crane downed in Halifax during Dorian cost $2 million: minister

November 28, 2019 by The Canadian Press

HALIFAX – Nova Scotia’s transportation minister says the cost of removing a construction crane that toppled in downtown Halifax during post-tropical storm Dorian is at least $2-million. Lloyd Hines says the province is examining invoices from an engineering firm and…