Topic Claims Canada Archive
Centre of storm Larry could travel across Avalon Peninsula
September 8, 2021 by Greg MeckbachLarge Atlantic Ocean waves will soon affect Canada’s east coast as Hurricane Larry continues to move north. UPDATE – Hurricane Larry makes landfall in eastern Newfoundland “Significant swells will begin to reach the east coast of the United States and…
New tropical storm warning for Atlantic Canada
September 7, 2021 by Greg MeckbachLarge waves could hit Canada’s Atlantic coast this Thursday as Hurricane Larry moves north, Environment Canada warns. UPDATE – What we know so far about Canadian Hurricane Larry claims On Tuesday morning, the Category 3 hurricane was causing winds of…
When your commercial auto client smells a rat
September 2, 2021 by Greg MeckbachTall grass and vegetation are not good choices for areas to park or store construction equipment, trucks, recreational vehicles, campers, trailers or trucks. This is because rodents tend to like tall grass, Northbridge Insurance warns. “If buildings, vehicles, and equipment…
Engineering or maintenance? Why both CGL and professional liability could cover this lawsuit
September 1, 2021 by Greg MeckbachA British Columbia court has ruled in favour of Northbridge General Insurance Corporation in a dispute with XL Specialty Insurance Company over liability coverage arising from a strata power failure. Both insurers wrote policies for PCA Valence Engineering Technologies Ltd.,…
Shhh! Don’t show this article to a jury in a vehicle accident lawsuit
August 31, 2021 by Greg MeckbachAn Ontario court has refused a plaintiff’s request to tell a jury about the statutory deductible, of nearly $40,000 for pain and suffering, in motor vehicle accident tort claims. “The jury is not asked to determine how much the plaintiff…
How much Canadian insurers have lost on cyber liability so far in 2021
August 31, 2021 by Greg MeckbachPrivate passenger personal accident insurers have experienced a loss ratio of nearly 70% so far in 2021, while the loss ratio for cyber liability is more than 100%. The federal Office of the Superintendent of Financial Institutions has posted the…
What industry-wide claims ratios were like for the first half of 2021
August 30, 2021 by Greg MeckbachCanada’s federally-regulated property and casualty insurers collectively made an after-tax profit of $4.23 billion on direct written premiums of nearly $32 billion during the first half of 2021, recently-released regulatory data shows. Most major lines had claims ratios below 55%.…
Why you need to offer a ‘Choose Your Own Adventure’ claims experience
August 27, 2021 by Jason ContantInsurers need to offer customers a claims experience that can shift and adapt depending on the policyholder’s personal circumstances and what they want on any given day, speakers said Thursday during Reuters Events’ Connected Claims Canada 2021 virtual conference. “I…
How Lloyd’s says your client could suffer reputational harm
August 25, 2021 by Greg MeckbachUp to a quarter of the value of some of your commercial clients’ firms could be their own brand and reputation. This reputational value could degrade quickly if your client is perceived to have behaved badly, a Future of Insurance…
Mixed result for motor vehicle injury plaintiff’s bid to quash surveillance evidence
August 25, 2021 by Greg MeckbachInsurers defending auto tort claims should think twice before surreptitiously filming plaintiffs on their wedding day. This is among the takeaways from Rumney v. Nelson, released Aug. 19 by the Ontario Superior Court of Justice. A construction firm is being…
3 things that can reduce risk of property cat loss recurrence: Aviva Canada CEO
August 24, 2021 by Greg MeckbachFire resistant cement board siding, hail-resilient asphalt shingles and backwater valves are among the measures property owners can implement now to protect their assets from climate-related disasters, Aviva Canada CEO Jason Storah suggested Tuesday. “We have enough scientific data to…
Should public workers’ compensation protect clients from liability for mental stress caused by harassment?
August 23, 2021 by Greg MeckbachOntario’s workers’ compensation tribunal was wrong when it decided that a Niagara Falls hotel can’t be sued by a former worker who alleges she was forced to quit after suffering harassment, the provincial Divisional Court has ruled. As a result…