The Calgary Flames have filed a $125-million lawsuit against its insurers to enforce the terms of an all risks insurance policy for “massive losses” due to the COVID-19 pandemic. The named defendants in the statement of claim filed in…
EDMONTON – The Alberta government is getting mostly check marks from the province’s auditor general over how it handled the billion dollars it got from Ottawa to clean up abandoned oil and gas wells and get service contractors back to…
The limitation period under a family protection endorsement runs from final judgement or settlement, the Court of Queen’s Bench of Alberta has decided. Master in Chambers Brian Summers examined a case involving para. 6(c) of the SEF 44 Family Protection…
A driver pleading guilty and spending nine months in jail on a charge of dangerous driving causing bodily harm does not necessarily prove he intended to cause the injuries, an Alberta court has found. In other words, an auto insurer…
Hub International has announced several promotions within Hub Canada’s senior management team. Barbara MacPhail (pictured above) has been promoted to executive vice president of strategic initiatives Canada, Terri Botosan (pictured top right) is now in the newly-created position of regional…
Sanctions on Russian oil and a major insurer’s recent announcement that it will depart oil sands coverage could spark additional interest in Alberta’s plans to allow captive insurers to domicile in the province. On Mar. 1, AIG said it had…
BrokerLink’s M&A strategy remains focused on regions where it currently does business and is not looking to get into other verticals at the moment, senior executives at the brokerage tell Canadian Underwriter. “The focus continues to be Ontario, Alberta, and…
AXA XL has named Kate Zhou as senior underwriter and Ian Lui as underwriter for its Canada energy business. Both are based in Toronto. Zhou will report to Jennifer Arezes, head of property, construction and energy in Canada, who called…
An Alberta broker has been fined $700 for failing to transfer her broker’s license when the Co-operators General Insurance Company took over the ownership of her brokerage. Brokers in Alberta and other provinces must have a license that is connected…
A Fort McMurray, Alta., bowling alley is entitled to coverage for water damage sustained in the April 2020 flooding, despite its insurance policy containing a clear flood exclusion. The Alberta Court of Queen’s Bench found Intact included a coverage extension…
B.C.-based brokerage InsureLine is looking to expand its unique franchise model to build its brand in Ontario and across Canada. To meet this objective, the brokerage appointed Kevin McKinnon as vice president of franchise development in mid-February. “My goal is…
Navacord Corp. is expanding its reach in northern Alberta with the addition of Stone Insurance Brokers. Based in Manning, Alta., Stone Insurance Brokers services clients across northern Alberta and British Columbia, specializing in forestry, farming, transportation and oil and gas. …