Canadian Underwriter

Topic Legal

News CatastrophesLegal

Proposed Vancouver bylaw would require companies shipping oil by tanker to carry enough marine insurance to pay for spill

May 1, 2012 by Canadian Underwriter

Vancouver city council is considering a bylaw proposal put forward by Mayor Gregor Robertson to have companies that ship oil by tanker to carry enough marine insurance to cover costs should a spill occur. If passed, the bylaw would require

News LegalMergers and Aqcuisitions

Manitoba introduces legislation to protect consumers against unfair car repair bills

May 1, 2012 by Canadian Underwriter

Manitoba has proposed new legislation intended to protect consumers against unfair car repair bills. The rules would apply to repairs done by businesses to vehicles such as cars, trucks, or motorcycles. They would not apply to repairs completed as part

News LegalMergers and Aqcuisitions

Proposed NDP private members’ bill would hike auto insurance rates in Ontario substantially: Liberal MPP

April 30, 2012 by Canadian Underwriter

Ontario drivers would see auto insurance rates go up, and skyrocket in some parts of the province, if legislative amendments proposed by the NDP get the green light, a Liberal MPP suggests — a claim the NDP denies. Banning the

News LegalMergers and Aqcuisitions

FSCO issues consumer warnings about unlicensed brokerages, insurance card scams

April 30, 2012 by Canadian Underwriter

The Financial Services Commission of Ontario (FSCO) has issued a number of consumer warnings over the past few weeks, publicizing the names of unlicensed insurance brokerages and releasing details of fraudulent insurance card scams. In unrelated posts, FSCO has cautioned

News LegalMergers and Aqcuisitions

Auto reforms appear to be making a difference: FSCO

April 27, 2012 by Canadian Underwriter

Accident benefits costs in Metro Toronto and the Greater Toronto Area (GTA) have been identified as an area of concern, but ongoing efforts seem to be helping rein in costs. The increase in accident benefit costs in the GTA dwarfed

News LegalMergers and Aqcuisitions

Ontario committee to hold public hearings on auto insurance

April 26, 2012 by Canadian Underwriter

A committee of the Ontario legislature has voted to conduct a “fair and balanced study” into auto insurance industry practices and trends. The Standing Committee on General Government passed a motion on Apr. 16 to strike the select committee, which

News LegalMergers and Aqcuisitions

IBC encourages Ontario to act with urgency on auto insurance file

April 25, 2012 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is keeping a watchful eye on the impact of Ontario’s 2010 auto insurance reforms and ongoing related initiatives, urging the provincial government to act quickly on its commitments to amend the catastrophic impairment definition

News LegalMergers and Aqcuisitions

ICBC seeks essential service designation for specific claims and insurance functions

April 24, 2012 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC) is seeking essential service designation for specific claims, insurance and driver-licensing functions, loss of which the ICBC argues could put residents at risk should staff decide to strike. The Canadian Office & Professional

News Legal

Plaintiff seeks damages from yoga business, instructor for injuries

April 23, 2012 by Canadian Underwriter

It was all the wrong moves for a British Columbia woman who claims her right hip and leg injuries resulted from being negligently physically manipulated by an instructor during a yoga class in April 2010. Amanda Jones, a lifeguard and

News LegalMergers and Aqcuisitions

Data events recorders must be installed in U.S. vehicles starting in 2015

April 23, 2012 by Canadian Underwriter

The U.S. Senate has approved legislation requiring event data recorders to be installed in new passenger motor vehicles sold in the United States beginning in 2015. The bill, known as ‘MAP-21,’ has yet to be passed by the House of

News Legal

Limitation period suspended when psychological stress makes claimant incapable of proceeding: Ontario court

April 20, 2012 by Canadian Underwriter

Ontario’s Court of Appeal has allowed a woman’s negligence action against her former lawyer to proceed despite the claim being filed after the two-year limitation period, because the limitation period did not run during the time she was under psychological

News Legal

Willis to study how U.S. companies respond to federal guidance around cyber attacks

April 18, 2012 by Canadian Underwriter

Willis Group Holdings is looking to get a fix on how U.S. companies are responding to federal guidance around cyber attacks, information that can be used by an organization to better assess risk at the macro level and see how