Canadian Underwriter

Topic Liability

Man with his hands up in a pile of papers. Business concept. Vector illustration.
News InsurersLiability

How to handle paperwork from pandemic-related policy changes

January 25, 2022 by Tara Kelly

Have you noticed an uptick in new policies and policy change requests lately? Many P&C insurance companies have, because coverage needs for individuals and businesses throughout Canada changed drastically during the pandemic. For example, people who once had long commutes

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News Business InterruptionClaimsCommercialInsurersLegalLiability

Court sides with insurer in multi-million-dollar spat over sublimits

January 21, 2022 by David Gambrill

B.C.’s Supreme Court has upheld an insurer’s insistence that a mining company’s business interruption losses were subject to a $10-millon sublimit and not to the full policy limit of $250 million. That said, the court did not agree with the

Picture of No Diving sign next to a lake
News B.C.ClaimsClaims Canada ArchiveCommercialLegalLiabilityRisk Managers

The case for tracking your risk advice

January 19, 2022 by David Gambrill

The City of Revelstoke, B.C., has been found 35% contributorily negligent for not adhering to a recommendation contained in a 2011 risk management audit, which advised to maintain painted ‘No diving’ signs on a raft in Williamson Lake Park. “The

News BrokersLiabilityOpinionPersonal Auto

Is online the best way for consumers to buy insurance?

January 13, 2022 by Canadian Underwriter Staff

A small portion of consumers want to buy insurance online without talking to somebody, Robyn Young, CEO of Excel & Y Insurance Services, told Canadian Underwriter in an interview for the December-January issue. “Do I think that’s the best way

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News AlbertaB.C.BrokersClaimsInsurersLegalLiabilityPersonal Auto

Court gets tough in $10-million “emotional distress” case

January 12, 2022 by David Gambrill

Canadian courts are starting to get tough on potentially vexatious claimants, including insurance claimants, as seen in a Jan. 7 decision by the Court of Queen’s Bench in Alberta. In Sun v. Allwest Insurance Services, the Alberta court referred to

News CommercialEmerging RisksLiabilityMGAsTechnology

Intellectual property insurance can help smaller firms fight competitor lawsuits

January 11, 2022 by Maddi Brown, CFC Underwriting

A 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

News ClaimsClaims Canada ArchiveCommercialEnvironmentalInsurersLegalLiabilityOntario

Excess of loss case should be heard in Canada, not New York: court

January 10, 2022 by David Gambrill

Several 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

News B.C.ClaimsInsurersLegalLiabilityPersonal Home

Insurer cleared in case of hearing aid replacement mix-up

January 7, 2022 by David Gambrill

A 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

News ClaimsLegalLiability

Ontario court awards more than $107M to families over deadly Flight 752 shootdown

January 5, 2022 by The Canadian Press

OTTAWA – 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

News BrokersCommercialCyberLiability

Insuring jolly old St. Nick

December 23, 2021 by Brooke Smith

December 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

News BrokersLiabilityPersonal AutoPersonal Home

Talk to home and auto clients about changes that may affect premiums

December 23, 2021 by Brooke Smith

Canadians 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,

News CommercialInsurersLiabilityMergers and AqcuisitionsOperations

Fast pace of private equity investments means more insurance placements for portfolio companies

December 14, 2021 by Jason Contant

Speed 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