Canadian Underwriter

Topic Liability

Digital hand grenade
News CyberEmerging RisksLiability

Insurers checking their war exclusions for cyberattacks

March 10, 2022 by Philip Porado

While cyberattacks have increased since Russia invaded Ukraine and numerous countries responded with tighter sanctions, most of those attacks have been more basic distributed denial-of service attacks on both sides of the conflict, said a DBRS Morningstar commentary on cyber

Large distribution centre with many trucks
News ClaimsCommercialInsurersLiabilityLoss ControlSupply Chain

How supply chain back-ups are contributing to cargo theft

March 9, 2022 by Jason Contant

Supply chain disruptions and back-ups due to COVID-19 and other factors (such as a shortage of drivers or trucks to deliver product) are contributing to concerns around cargo theft, a transportation industry expert says. “When you have more [cargo] that’s

White keyboard with crowdfunding button
News CyberLegalLiability

Tory critic asks privacy commissioner to investigate hack of Freedom Convoy fundraising site

March 9, 2022 by The Canadian Press

OTTAWA – The Conservative critic for ethics and accountable government says he has asked the privacy commissioner to investigate the hacking of a crowdfunding platform that raised money for convoy protests and blockades.   Tory MP James Bezan says the

Professional liability insurance policy on a table.
News ClaimsCommercialInsurersLegalLiabilityOntario

Court sides with insurer in $2.5-million professional liability case

February 28, 2022 by David Gambrill

Two creditor firms seeking to access insurance policy proceeds in a $2.5-million trust fund misappropriation case against a lawyer lost their bid to interpret the $500,000 sublimit as applying to each of their claims, instead of being an aggregate policy

Successful business woman leading a group and looking at the camera smiling
News BrokersCannabisCommercialInsurersLegalLiability

Lawyers on boutique D&O: Don’t just take your broker’s word for it

February 16, 2022 by David Gambrill

For boutique D&O coverages, a law firm says companies should be bringing in a lawyer to look at the contract coverage and not just rely on the opinion of the insurance broker about coverage. This is particularly true in business

Paper and pulp mill
News Business InterruptionClaimsCommercialInsurersLegalLiabilityQuebec

Insurers lose privilege bid after mill’s internal explosion investigation

February 11, 2022 by David Gambrill

Six insurance companies and a pulp and paper manufacturing company, Fortress Specialty Cellulose, have lost their bid to have a PowerPoint presentation about the cause of a commercial explosion protected under litigation privilege. In rejecting their argument, the Superior Court

Ottawa Police chief Peter Sloly
News Business InterruptionLegalLiabilityOntario

Could Ottawa police be sued for failing to arrest ‘freedom convoy’ protesters?

February 11, 2022 by The Canadian Press

Erika Chamberlain, Professor and Dean, Faculty of Law, Western University – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the

Graph representing Canadian economy
News BrokersCommercialCyberEmerging RisksInsurersLiabilityLoss Trends

Challenging market conditions remain for these two lines in Canada

February 10, 2022 by Jason Contant

Market conditions for cyber and directors’ and officers’ (D&O) lines of business remain challenging in Canada, according to Aon plc’s latest quarterly Global Market Insights Report. Aon’s report for the fourth quarter of 2021, released Wednesday, emphasizes how new forms

A woman crosses the street in front of vehicles parked as part of the trucker protest, Tuesday, Feb. 8, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
News Liability

Are Freedom Convoy truckers covered?

February 8, 2022 by Alyssa DiSabatino

When commercial trucks are used in protests, some insurance professionals suggest their equipment may no longer be covered.   The question has been raised while the ongoing ‘Freedom Convoy’ in Ottawa stretches into its second week. Protestors demanding an end

Waterfall in winter near Bancroft, Ontario
News ClaimsInsurersLiabilityLoss TrendsOntarioProperty

How to reduce escalating municipal insurance costs

February 4, 2022 by Jason Contant

Ontario’s Ministry of the Attorney General has established a ‘technical table’ to review issues surrounding rising municipal insurance costs, including joint and several liability. “Insurance costs for municipalities in Ontario have been rising, and the subject of much concern for

Canada flag on bar chart concept of economic recovery and business improving after crisis such as Covid-19 or other catastrophe as economy and businesses reopen again.
News CommercialInsurersLiability

Which insurer is providing more E&O capacity to Canada

February 2, 2022 by David Gambrill

Signs are showing that stability – and more capacity – is returning to Canada’s commercial insurance market, including a recent announcement that the professional liability division of Cincinnati-based Great American Insurance Group has expanded into Canada. More specifically, Great American’s

Man looking through an agreement
News CommercialLegalLiabilityOperationsSupply Chain

Indemnities can significantly increase the risk to your client

February 1, 2022 by Michael Carey

Corporations are increasingly using standard form agreements to conduct business with suppliers. If your client is faced with one, watch out for the inclusion of an unlimited indemnity. A standard form agreement provides several benefits to the corporation that drafts