Topic Legal
Common mistakes your clients make when they re-open
August 5, 2020 by Adam MalikA number of legal claims have been filed against employers because they’re not doing what they are supposed to be doing to keep their employees safe during re-opening, a Hub International compliance expert warned. Some of the more common issues…
Why regulation holds auto insurers back from using advanced modelling
August 4, 2020 by Greg MeckbachAuto insurers could potentially use artificial intelligence to improve risk segmentation but some of the newer modelling techniques may not be a good fit with the way rates are currently regulated, a data science expert for one insurer suggests. Ontario’s…
New 250 person public gathering limit fairly low risk: Quebec health official
August 4, 2020 by Morgan Lowrie - THE CANADIAN PRESSMONTREAL – The decision to allow public gatherings of up to 250 people comes with a relatively low risk of COVID-19 transmission compared to other riskier social activities, Quebec’s public health director said Monday. Dr. Horacio Arruda said there weren’t…
TD Insurance’s unique defence to BI class action lawsuits
July 30, 2020 by Greg MeckbachA coverage dispute lawsuit filed in Ontario mistakenly alleges that TD General Insurance writes business interruption coverage, the insurer says. A proposed Ontario class action filed July 6 alleges TD and dozens of other insurers are in breach of contract…
Why Intact is “very confident” about defending pandemic-related BI claims
July 29, 2020 by Greg MeckbachTwo recent American court rulings in favour of insurers in COVID-related business interruption coverage disputes arose from policy wordings nearly identical to the vast majority of Intact Insurance’s BI policies, officials with Canada’s largest P&C insurer said Wednesday. “The language…
Pipeline owner fined for unsafe incident near GO tracks in Greater Toronto
July 29, 2020 by THE CANADIAN PRESSCALGARY – The Canada Energy Regulator is fining Trans-Northern Pipelines $40,000 for an incident near a commuter train line in Greater Toronto that resulted in damage to a pipeline transporting gasoline. It says the incident near Oakville could potentially have…
New boiler inspection rules coming to Ontario agriculture
July 28, 2020 by Greg MeckbachAn exemption from inspection rules for boilers and pressure vessels in Ontario’s agricultural sector is coming to an end. Starting next year, boilers and pressure vessels will have to get a certificate of inspection from the province’s Technical Standards and…
Claimant learns the difference between “hit-and-run” and collision damage
July 28, 2020 by David GambrillA driver in B.C. is out $1,777 for incorrectly telling the public auto insurer that damage to his parked vehicle was the result of a “hit-and-run,” as opposed to collision damage. Jiameng Wang took Insurance Corporation of British Columbia (ICBC)…
Why Travelers is confident it does not have to cover many COVID-19 business interruption losses
July 28, 2020 by Greg MeckbachThe Travelers Companies Inc. will have to spend money defending itself in business interruption coverage lawsuits arising from the pandemic, but officials with the New York City-based insurer do not expect it will actually have to pay out on many…
Insurer working on future pandemic coverage for school boards, post-COVID
July 27, 2020 by Greg MeckbachAs the Ontario government prepares its school re-opening plan, the insurer for the majority of the province’s boards is working on a plan to provide pandemic coverage, albeit for future pandemics and not for COVID-19. Within the next six to…
Why it’s difficult for insurers to forecast future COVID-related losses
July 27, 2020 by Greg MeckbachCommercial insured losses caused by the ongoing pandemic cost The Travelers Companies Inc. more than $100 million during the three months ending June 30, but it’s difficult to predict how much more it will cost the insurer in the long…
Hotels sue Aviva Canada for $150 million in proposed BI class action
July 27, 2020 by David GambrillLerners LLP has filed a proposed $150-million class-action lawsuit against Aviva Canada on behalf of hotels across the country, claiming that the hotels are entitled to coverage for loss of business income relating to COVID-19. “We know these are challenging…