Canadian Underwriter

Topic Liability

News ClaimsCommercialCyberEmerging RisksLiabilityTrending

Two emerging trends in D&O liability

March 2, 2021 by Jason Contant

Cyber claims morphing into directors’ and officers’ liability and the increased sophistication of the plaintiff bar in Canada are two emerging trends in D&O lines, HDI Global Specialty SE – Canada told Canadian Underwriter recently. Oren Schemool, head of financial

News CyberLiabilityTechnology

Complaints spike as taxpayers’ watchdog to review CRA handling of locked accounts

February 26, 2021 by Jordan Press - THE CANADIAN PRESS

OTTAWA – The federal taxpayers’ watchdog says complaints to his office spiked in the hours after he went public with concerns about how the Canada Revenue Agency locked users out of their online accounts. The accounts were locked just over

News BrokersCommercialEducationInsurersLiabilityPersonal HomeQuebec

Condo corporation insurance? Unit insurance? Too many condo owners don’t know the difference

February 24, 2021 by David Gambrill

Brokers in Quebec have ample opportunity to educate their clients about how condo insurance works, according to the results of a recent survey commissioned by Insurance Bureau of Canada. One key source of confusion may sound familiar to brokers elsewhere

News CannabisClaimsCommercialEmerging RisksLiabilityLoss TrendsMGAsPropertySupply Chain

What’s smoking hot in cannabis insurance claims trends

February 24, 2021 by Jason Contant

Nearly two-and-a-half years after recreational marijuana was legalized in Canada, the country’s P&C insurance industry is starting to get a sense of the type of claims arising from the October 2018 legalization. The big issue right now is vaping, said

News ClaimsLiabilityPersonal Auto

Ford to recall nearly 8,800 vehicles in Canada

February 22, 2021 by The Canadian Press

Ford Motor Co. says it will recall about 8,800 vehicles in Canada after the automaker lost track of some older Takata air bags that can explode and hurl shrapnel. Ford says 8,762 Ford Ranger pickup trucks with model years between

News B.C.ClaimsClaims Canada ArchiveCommercialLegalLiabilityRisk Managers

The lesson for risk managers in this breach-of-contract lawsuit

February 17, 2021 by Greg Meckbach

A recent Supreme Court of Canada ruling in a breach-of-contract lawsuit means risk managers need to be careful about drafting agreements that give parties discretionary powers, a Toronto-based litigation lawyer warns. Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage

News CyberEmerging RisksLiabilityTechnology

Audit finds ‘no formal tracking’ of IT security incidents at Public Safety Canada

February 17, 2021 by Jim Bronskill - THE CANADIAN PRESS

OTTAWA – An internal review has uncovered weak security practices when it comes to information technology at Public Safety Canada – from lax controls on the use of portable flash drives to inadequate awareness and training. The review found employees

News AdjustersClaimsClaims Canada ArchiveCommercialLegalLiabilityOntarioRisk Managers

Insurers beware: Why your settlements may not be secure

February 16, 2021 by Canadian Underwriter

A record-keeping blunder more than 50 years ago means London, Ont.’s Catholic diocese faces a new multi-million-dollar lawsuit over sexual abuse during the early 1970s of an elementary school student by a priest. The Supreme Court of Canada announced Feb.

News AlbertaClaimsCommercialLiability

Next round of funding available to clean up inactive Alberta oil and gas sites

February 16, 2021 by The Canadian Press

EDMONTON – Alberta and the federal government say another $400 million in funding is available to help clean up inactive oil and gas sites in the province. The money includes $100 million for clean up in Indigenous communities. The rest

News Emerging RisksLegalLiabilityRisk ManagersTrending

Internal data show surge in harassment complaints at Canada Revenue Agency, RCMP

February 11, 2021 by Christopher Reynolds - THE CANADIAN PRESS

OTTAWA – Complaints of workplace harassment and violence have risen sharply at several federal departments and agencies in recent years, according to internal data. The Canada Revenue Agency (CRA) saw harassment complaints jump 82 per cent to 166 between 2016-17

News AdjustersBusiness InterruptionClaimsClaims Canada ArchiveClaims ProfessionalsCommercialInsurersLiabilityLoss ControlLoss Trends

How much the second COVID wave will probably add to Intact’s claims costs

February 10, 2021 by Greg Meckbach

Intact Financial Corp. has now reserved $106 million for claims related to COVID-19, with $23 million of that booked during the last three months of 2020. Intact initially set aside $83 million in reserves for COVID-19 claims during the three

News B.C.LegalLiability

Class-action suit filed over alleged orphanage abuse

February 10, 2021 by Laura Dhillon Kane - THE CANADIAN PRESS

VANCOUVER – A Catholic order shuffled known abusers from a notorious Newfoundland orphanage to two schools in the Vancouver area where more boys were victimized, a lawsuit alleges. A proposed class-action suit filed Monday in British Columbia Supreme Court says