Canadian Underwriter

Topic Claims Professionals

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Watch out for litigation funding in Canada, industry execs warn

October 2, 2020 by Adam Malik

A leader in the Canadian P&C industry is sounding the alarm about the rise of litigation funding in Canada. Litigation funding is an arrangement in which a third-party company — not the plaintiff’s law firm — agrees to fund all

News B.C.ClaimsClaims Canada ArchiveClaims ProfessionalsLegalPersonal Auto

Mud and snow tires in winter prompts another small claim in B.C.

October 1, 2020 by Greg Meckbach

British Columbia car rental companies that provide mud and snow tires in December or January are keeping the province’s Civil Resolution Tribunal busy. In Fraser v. ICBC, released Wednesday, the CRT ruled against a claimant who sought $5,000 in damages

News BrokersClaimsClaims ProfessionalsCommercial AutoInsurersOntarioPersonal Auto

One certifiable way to improve the driver’s claims journey

October 1, 2020 by Adam Malik

Drivers in Ontario can anticipate a smoother claims journey if collision repair shops in the province are certified in the future as expected, according to a pair of experts. Currently, the national trade association that represents collision repairers is in

News BrokersClaimsClaims ProfessionalsCommercialEmerging RisksInsurersRisk Managers

Expectations and relevancy: What’s at risk for the P&C industry

September 30, 2020 by Adam Malik

If the property and casualty insurance industry doesn’t “come to grips” with meeting client needs, the industry is at risk of losing relevancy in the marketplace, warned an industry consultant. Phil Cook, who is also chairman of Omega Insurance Holdings,

News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLoss TrendsPersonal HomeProperty

‘Much clearer picture’ of how Ottawa will address flood risk coming soon

September 29, 2020 by Greg Meckbach

A special pool, in which high-risk properties would have caps or subsidies on premiums for flood insurance, remains a possibility in Canada, and the industry should have a much better idea this fall of what the government plans to do,

News AdjustersClaimsClaims Canada ArchiveClaims ProfessionalsLegalLiabilityOntarioPersonal AutoRisk Managers

Why this client wants to take insurer to Supreme Court over family protection endorsement

September 25, 2020 by Greg Meckbach

A motor vehicle personal injury lawsuit, involving Ontario’s family protection endorsement and multiple defendants when alcohol is involved, could be headed to the Supreme Court of Canada. A key question before the top court — if it decides to hear

News Business InterruptionClaimsClaims Canada ArchiveClaims ProfessionalsCommercialEmerging RisksLegalLoss TrendsRisk Managers

How Canadian courts could be influenced by U.K. business interruption test case

September 23, 2020 by Greg Meckbach

A recent British court ruling could be good news for Canadian clients who bought insurance covering business interruption from an occurrence of a notifiable disease within a specified distance of their premises, and who had to close due to the

News BrokersClaimsClaims ProfessionalsCyber

One COVID cyber threat you may not have considered

September 22, 2020 by Jason Contant

Cyber exposure for your clients has shifted from the obvious operational standpoint of remote working during the COVID-19 pandemic to a data retention standpoint, a Gallagher executive said recently. “Many organizations are collecting personal health information on employees, maybe on

News BrokersClaims ProfessionalsHRInsurersManagement

Selling a career in insurance? Try this approach….

September 21, 2020 by Adam Malik

When a student or recent graduate asks what they’ll be doing if they were to work in the property and casualty insurance industry, it’s important to give them a detailed sense of what any given career in the industry might

News Business InterruptionClaims ProfessionalsCommercialInsurersLegalTrending

Will the U.K. decision in a test BI case matter to Canada? Intact and ratings agencies weigh in.

September 17, 2020 by Greg Meckbach

The verdict in the British Financial Conduct Authority’s business interruption test case could have an impact outside of Britain, one credit rating agency warns, but Canada’s largest carrier appears to be largely unaffected. The vast majority of Intact Financial Corp.’s

News ClaimsClaims ProfessionalsClaims TechnologyHRInsurers

The importance of tailoring electronic claims payments during COVID-19

September 16, 2020 by Jason Contant

Insurers should be tailoring their claims payment options to the type of claim a policyholder has, a U.S. payment provider said during a recent webinar. “If it’s a disaster, [a policyholder] may need money immediately to go get a hotel

News Business InterruptionClaims Canada ArchiveClaims ProfessionalsLegalLoss TrendsTrending

Mixed result in British court ruling in business interruption coverage dispute

September 15, 2020 by Greg Meckbach

If a client has business interruption coverage “following” a notifiable disease within a certain distance, while another has coverage for BI “in consequence” of the same disease, one of those clients could be covered for its COVID-19 closure while the