Topic Legal
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Legal
Securities fraud suit filings outpace securities class action suit filings
August 5, 2009 by Canadian UnderwriterThe number of securities lawsuits filed in the United States dropped significantly in 2009 Q2 when compared to the first quarter of this year, but the decrease may only represent a temporary lull, reports Advisen.One hundred and forty securities cases…
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LegalMergers and Aqcuisitions
Arbitrator in priority case not allowed to consider quality of insurer’s investigation after 90-day notice period is over: Ontario court
July 23, 2009 by Canadian UnderwriterIf an Ontario auto insurer disputes its priority to pay no-fault accident benefits after the statutory 90-day notification period is over, an arbitrator oversteps his or her bounds by considering the quality and/or timing of the insurer’s investigation after the…
News
LegalMergers and Aqcuisitions
Alberta auto cap heads to Supreme Court of Canada
July 22, 2009 by Canadian UnderwriterAlberta’s auto cap legislation is going to the Supreme Court of Canada. The Alberta Court of Appeal ruled in June that a Cdn$4,000 cap on insurance claims for minor auto injuries does not infringe the Canadian Charter of Rights and…