Topic Liability
How Intact views auto claims severity during pandemic
May 14, 2021 by Greg MeckbachThe long-tail nature of motor vehicle liability and auto accident benefits claims means a temporary drop in total miles driven due to the pandemic does not necessarily equate to a corresponding drop in premiums for your clients, Intact executives suggest.…
Municipal insurers heading for the exits, broker exec reports
May 11, 2021 by Adam MalikA decade of sliding down a slippery financial slope has prompted insurers to run for the exits in the municipal insurance line of business. A number of companies have exited the market, with more possibly to follow, leaving brokers with…
How these auto reforms could reduce liability exposure for hospitality clients
May 10, 2021 by David GambrillB.C.’s move towards a form of no-fault auto insurance could wind up reducing liability exposure for commercial insureds in the hospitality and other high-risk sectors, according to a recent blog by Borden Ladner Gervais LLP. The province’s no-fault amendments came…
Canadian primary insurers may align with reinsurers’ new communicable disease exclusions
May 10, 2021 by Jason ContantCanadian insurers may introduce new communicable disease exclusions to harmonize policy language with their revised reinsurance policies, Insurance Bureau of Canada (IBC) said recently. International reinsurance markets introduced a new communicable diseases exclusion in many countries over the past few…
Appeal court ‘vindicates Aviva’ in slip-and-fall lawsuit
May 6, 2021 by Greg MeckbachCommercial liability clients do not have to settle personal injury lawsuits even if the defendants are perceived as having deep pockets, a recent Court of Appeal for Ontario ruling suggests. “A litigant, or its insurer, even if wealthy, is not…
Ontario nursing homes badly prepared for COVID-19 pandemic, auditor general says
April 28, 2021 by Colin Perkel - THE CANADIAN PRESSTORONTO – Ontario’s nursing homes were woefully unprepared for the onslaught of COVID-19 – the culmination of years of neglect and failure to address known problems, the province’s auditor general said on Wednesday. In a special report, Bonnie Lysyk took…
Study says easing rules on transfer of unreclaimed oil wells could speed cleanup
April 26, 2021 by The Canadian PressCALGARY – A report says Alberta should lower regulatory barriers that discourage businesses from reusing abandoned oil and gas wells. The Canada West Foundation and Energy Futures Lab say that could include allowing companies to sell off defunct energy infrastructure…
Alberta bill would protect health workers, care homes from some COVID-19 lawsuits
April 23, 2021 by Dean Bennett – THE CANADIAN PRESSEDMONTON – Alberta has introduced a bill that would give legal protection to health workers, including long-term care-home operators, facing lawsuits over COVID-19. Richard Gotfried, a United Conservative backbencher, says the proposed legislation offers protection but is not a free…
Alarms being installed on B.C. river and dam following fatal water release
April 22, 2021 by The Canadian PressVANCOUVER – An interim public alarm system is being installed on the Cleveland Dam and along the Capilano River in North Vancouver to prevent future deaths from a sudden release of water. Five people fishing on the river last October…
Toilet trouble means strata owner must reimburse corporation’s $5,000 deductible
April 19, 2021 by Greg MeckbachA British Columbia townhouse owner whose toilet overflowed and caused damage has to pay the $5,000 deductible on the strata corporation’s insurance claim, the B.C. Civil Resolution Tribunal (CRT) has ruled. Jefferson Wu is the principal of Kwan-Wu Holdings Ltd.,…
Appeal Court adds new twist to court battle over auto reforms
April 19, 2021 by David GambrillB.C.’s Court of Appeal has temporarily suspended parts of a recent decision by the B.C. Supreme Court, which found that it is unconstitutional for the province’s Civil Resolution Tribunal (CRT) to determine minor injuries and decide claims of up to…
Pandemic lockdowns make the case for pay-as-you-go commercial insurance
April 14, 2021 by David GambrillAuto insurance has introduced pay-as-you-go options for personal clients, but in the era of business shutdowns to prevent the spread of COVID-19, it seems as though commercial lines could use a similar option as well. Brokers in a LinkedIn thread…