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Arbitrator allows insurer to respond to arbitration application more than five months after 20-day deadline

March 22, 2012 by Canadian Underwriter

An Ontario arbitrator has allowed an insurer a mulligan after the insurer was more than five months late in filing a response to an application for arbitration. A Financial Services Commission of Ontario (FSCO) arbitrator made an order allowing Pilot

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State Farm to pay award for terminating benefits

March 21, 2012 by Canadian Underwriter

State Farm Insurance Company must pay a claimant’s income replacement benefits (IRB) with interest, plus a special award of $23,000 for unreasonably withholding the benefits, an arbitrator from the Financial Services Commission of Ontario (FSCO) has ruled. Arbitrator Denise Ashby

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IBC posts its ‘fraud follies’ for 2012

March 21, 2012 by Canadian Underwriter

With insurance fraud in the spotlight, the Insurance Bureau of Canada (IBC) recently released its highlights of head-scratching antics by scam artists. “There’s nothing funny about insurance fraud,” the IBC noted. “But sometimes you can’t help but laugh at some

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Cyclist’s collision with a parked van an “accident”: FSCO

March 20, 2012 by Canadian Underwriter

A woman who swerved on a bicycle to avoid a parked vehicle and injured herself was in a “motor vehicle accident,” according to an arbitrator from the Financial Services Commission of Ontario (FSCO). In the decision DiMarco and Chubb Insurance

News Legal

Texas lawyers file class action suit against Facebook, Twitter, Apple and 15 other companies, alleging privacy rights violations associated with mobile apps

March 15, 2012 by Canadian Underwriter

A consortium of Texas attorneys have filed a federal class action lawsuit in Austin, Texas against Facebook, Apple, Twitter, Foursquare, Electronic Arts, Yelp and 11 other companies, asserting privacy rights violations associated with the use of mobile apps. “The lawsuit

News Legal

Corporate board directors need to be aware of risk of data breaches in light of regulatory guidance on disclosing cyber threats

March 15, 2012 by Canadian Underwriter

U.S. board directors need to be acutely aware of the risk of data breaches at their companies in light of recent regulatory guidance on disclosing cyber threats, according to speakers at a Willis-hosted cyber liability conference in London. The U.S.

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B.C. Supreme Court dismisses house fire insurance claim after 10-year delay

March 15, 2012 by Canadian Underwriter

The B.C. Supreme Court has dismissed a fire insurance case against Lloyd’s Underwriters after a 10-year delay in bringing the claim forward to trial. In Rangi v. Lloyd’s Underwriters, the court on Mar. 9, 2012 upheld Lloyd’s motion to dismiss

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Boyfriend of fatal accident victim creates Facebook page that warns against texting while driving

March 14, 2012 by Canadian Underwriter

The boyfriend of a woman who died in a fatal car accident has created a Facebook page warning of the dangers of texting while driving. Mathieu Fortin created a Facebook page in homage to his girlfriend, Emy Brochu, who died

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Ontario politicians introduce two new auto insurance private members’ bills

March 8, 2012 by Canadian Underwriter

Ontario politicians introduced two new private member’s bills into the legislature on Mar. 7: one would make it easier to report auto insurance fraud, and the other would eliminate the ability of insurers to rate auto insurance based on addresses

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Nova Scotia Court of Appeal confirms province’s subrogated right to claim against an insurer for nursing home costs arising from auto injuries

March 7, 2012 by Canadian Underwriter

Nova Scotia’s Court of Appeal confirmed in a 3-1 majority decision released on Feb. 23 that Nova Scotia’s Department of Health has a subrogated right to claim against an insurer for nursing home costs arising from injuries sustained in a

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SGI teams up with Students Against Drinking and Driving (SADD) to support Driving Awareness Week

March 2, 2012 by Canadian Underwriter

Saskatchewan Government Insurance (SGI) is joining Students Against Drinking and Driving (SADD) Saskatchewan in supporting Impaired Driving Awareness Week, proclaimed by the provincial government for Mar. 5-9, 2012 in Saskatchewan. The annual week, originally proclaimed in 1999, raises awareness of

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British insurers want Solvency II equivalency higher on the agenda

March 2, 2012 by Canadian Underwriter

The Association of British Insurers (ABI) wants to see the issue of non-EU countries’ equivalence with the proposed Solvency II capital regime to be bumped higher up the agenda. “The industry is investing hundreds of millions of pounds to implement