Topic Liability
Intellectual property insurance can help smaller firms fight competitor lawsuits
January 11, 2022 by Maddi Brown, CFC UnderwritingA shift toward remote work has led businesses of all sizes to focus on the importance of their intellectual property (IP). There is more IP in existence today than ever, and in more areas as companies look for ways to…
Excess of loss case should be heard in Canada, not New York: court
January 10, 2022 by David GambrillSeveral excess insurers have lost their bid to have a lawsuit take place in New York instead of Ontario in a mining insurance case brought before the Ontario Superior Court of Justice. Nine of 22 excess insurers argued that the…
Insurer cleared in case of hearing aid replacement mix-up
January 7, 2022 by David GambrillA home insurer has been cleared of any liability after a hearing aid supplier produced a different brand of ear phones than had been cited in the initial insurance quote, B.C.’s civil resolution tribunal has found. The small claims court…
Ontario court awards more than $107M to families over deadly Flight 752 shootdown
January 5, 2022 by The Canadian PressOTTAWA – An Ontario court has awarded more than $107 million to families of six victims of the Iranian military’s downing of a passenger jet two years ago. The decision made public Monday follows a May ruling that the missile…
Insuring jolly old St. Nick
December 23, 2021 by Brooke SmithDecember 24th is an exciting date for many children — along with the young at heart. But for Santa, it’s all work and potentially an insurance nightmare if he doesn’t have proper coverage. So, if the jolly, red-suited man himself…
Talk to home and auto clients about changes that may affect premiums
December 23, 2021 by Brooke SmithCanadians getting ready to ring in 2022 probably aren’t thinking about insurance coverage. Clients are required to alert brokers to any changes that might impact their coverage throughout a policy period — regardless of the renewal date, said Anthea McFarland,…
Fast pace of private equity investments means more insurance placements for portfolio companies
December 14, 2021 by Jason ContantSpeed can equal success when a private equity firm is looking to acquire a company. But the rush to close a deal can also mean insurance gets put on the back burner. A private equity firm often buys a controlling…
Strata owner not liable for common-area water damage
December 14, 2021 by Greg MeckbachA strata corporation can’t recover $25,000 towards water damage repairs originating from a unit owner’s broken toilet water supply line, the British Columba civil resolution tribunal has ruled. On June 23, 2019, water leaked out of a strata lot. The…
Supreme Court mulls municipal liability in construction site death
December 13, 2021 by Greg MeckbachThe Supreme Court of Canada will consider the question of what risk a municipality has when someone is killed or injured on a construction site when a contractor is involved. Specifically, the top court announced Dec. 9 it will hear…
Product recall insurance demand to rise in 2022, lawyers predict
December 10, 2021 by Canadian Underwriter StaffComplex global supply chains, inconsistent regulations across jurisdictions, adoption of automation and the COVID-19 pandemic, will lead to a rise in product recalls, two Borden Ladner and Gervais lawyers said in a recent blog. “We predict 2022 will see more…
Why pollution liability brokers should pay attention to this auditor general report
December 9, 2021 by Greg MeckbachThe Ontario government should re-visit a rule that leaves polluters off the hook for hazardous spills that cost less than $10,000 to clean up, the province’s auditor general suggests. In 2016, the Ontario environment ministry [now called the Ministry of…
Do your clients freelance? The right questions will get them proper coverage
December 8, 2021 by Brooke SmithYour clients may love being their own bosses, or they may be self-employed by necessity. “If you look at what’s happening with the gig economy, it seems many [people] are either finding new careers and becoming freelancers or freelancing as…