Some consumers who owe money on vehicle loans during the COVID-19 pandemic may be tempted to make false auto theft claims, an independent adjuster warns. “Insureds who are desperate for money may have the vehicle stolen and burned to ensure…
A British Columbia motorist who was hit by an oncoming vehicle while turning left at a yellow light is 75% liable, not 100% liable as originally assessed by the insurer, the province’s Civil Resolution Tribunal (CRT) has ruled. Clayton Trenaman…
A hostile takeover of Canadian claims software vendor Symbility’s corporate parent could be in the works. CoreLogic Inc. announced last week its board of directors is rejecting a takeover offer from Senator Investment Group LP and Cannae Holdings Inc., which…
A British Columbia strata unit owner who suffered water damage after a toilet tank ruptured is unable to recover the cost to replace the unit’s toilets from the strata corporation. In 2019, a Crane toilet storage tank failed in a…
More than a dozen Canadian property & casualty insurers, including the largest in the nation, are named in a new proposed class-action lawsuit over business interruption coverage during the COVID-19 pandemic. The notice of action was filed July 6 with…
TORONTO – A new policy group estimates more than half of all Canadians know they’ve been a victim or target of a cyber crime, such as a leak of personal information, an account hack or installation of malware. The report…
PRINCE GEORGE, B.C. – The RCMP say the bodies of three people have been found at the scene of a motel fire in downtown Prince George, B.C. Cpl. Craig Douglass says emergency services were called to the Econo Lodge City…
In a nearly unprecedented situation, the province is in an economic state that reflects the rest of Canada, says Andrew McNair, CEO of the Insurance Brokers Association of New Brunswick. “The last 18 months have been challenging. But this seems…
The question of whether non-essential businesses that closed during the pandemic are entitled to claim insurance – specifically, for cover arising as a direct result of an outbreak of contagious or infectious disease within 25 kilometres that is required by…
It is not clear yet whether the Ontario government will grant any protection for liability arising from COVID-19, but the province will not protect “bad actors” in the long-term care or nursing home sector, a spokesperson for Premier Doug Ford…
Class actions asserting pandemic BI insurance coverage are starting to mount in the ‘In’ baskets of Canada’s insurance defence bar. Most recently, Koskie Minsky announced July 6 that it will be one of two firms (the other being Merchant Law)…
Seven years after a rail disaster decimated its downtown, Lac-Megantic sought Monday to honour both its past and future by inaugurating a long-planned memorial space at the site at the heart of the tragedy. On July 6, 2013, a runaway…