Canadian Underwriter

Topic Ontario

Client consulting with insurance broker
News AdjustersBrokersLicensingMGAsOntario

Regulators’ principles of conduct: Are ‘MGAs’ the same as retail brokers?

April 13, 2022 by Jason Contant

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing to adopt principles of conduct for insurance intermediaries, including adjusters, brokers, MGAs and third-party administrators. Whether the principles apply to MGAs in the same way as retail brokers is open

Judge holding hammer near toy cars closeup.
News AdjustersClaimsClaims ProfessionalsInsurersLegalOntarioPersonal Auto

How to lie to your auto insurer and not repay your benefits

April 11, 2022 by David Gambrill

A claimant who lied to TD Insurance about an acquaintance being present with her in a car crash so that her acquaintance could collect accident benefits does not have to repay her own benefits because of the misrepresentation, Ontario’s License

Highway with speeding traffic at sunset.
News Commercial AutoLoss TrendsOntarioPersonal AutoProperty

Will faster highway speeds lead to more claims?

April 7, 2022 by Philip Porado and Alyssa DiSabatino

Starting Apr. 22, Ontario drivers will be able to take six sections of highway, primarily in the southern part of the province, at 110 km/h. Highway segments where speeds will permanently rise from 100 km/h to 110 km/h are: Queen

Nuclear power plant after sunset. Dusk landscape with big chimneys.
News Business InterruptionCatastrophesClaimsInsurersLegalLiabilityOntario

How Canada’s top court just bolstered pandemic BI exclusions

April 1, 2022 by David Gambrill

Canada’s top court has dismissed the appeal in a nuclear reactor case that trial lawyers might have used as a precedent to challenge the physical damage policy exclusions found in many pandemic-related business interruption insurance cases. As is customary, the

Car insurance policy with key
News InsurersOntarioPersonal Auto

David Marshall: How to fix private sector auto insurance

March 24, 2022 by Jason Contant

Editor’s Note: This story has been updated to include comment from Insurance Bureau of Canada   Faulty design features of private-sector auto insurance and excessive government regulation are the main reasons to blame for challenges facing the private-sector auto markets,

Rural family home fully engulfed in flames.
News ClaimsClaims ProfessionalsInsurersLegalOntarioPersonal Home

Why this home insurer wasn’t allowed to use a replacement cost overpayment to set off a contents claim

March 17, 2022 by David Gambrill

A home insurer lost its bid to set off a contents claim using the difference between the Guaranteed Replacement Cost (GRC) and the depreciated value of a home that was rebuilt after a fire. The Ontario Superior Court allowed this

Sculpture of Themis, mythological
News Business InterruptionClaimsInsurersLegalOntario

Where insurers are at with Canadian pandemic BI litigation

March 9, 2022 by David Gambrill

Canadian courts are dealing with pandemic business interruption (BI) cases at a glacial pace compared to those in the U.K. and the United States, prompting some legal observers to call for judicial reform. “As the pandemic extends into its third

Red White and Blue Parked Trucks Lined up at a Truck Stop in the wintertime in Utah
News Commercial AutoInsurersLegalOntarioPersonal Auto

A CEO is injured while jogging. Does his personal or commercial auto benefits apply?

March 8, 2022 by David Gambrill

A company CEO who has both personal and commercial auto insurance is not considered to be a “deemed insured” under the commercial auto policy if he has never before driven a company vehicle – even if he had access to

Anatomy of Shoulder , rotator cuff tear, Shoulder pain. 3d illustration
News ClaimsInsurersLegalOntarioPersonal Auto

Court upholds minor injury guideline on shoulder tears

March 7, 2022 by David Gambrill

Partial shoulder tears are “minor injuries” under Ontario’s Minor Injury Guidelines (MIG), which cap accident benefits for drivers suffering minor injuries at $3,500, the License Appeal Tribunal (LAT) has confirmed. Mohd’Ismail Patel, a delivery truck driver, was injured in an

Business development and expansion concept
News AlbertaBrokersCommercialMergers and AqcuisitionsNew BrunswickNova ScotiaOntarioOperationsPersonal AutoPersonal Home

BrokerLink execs discuss expansion strategy

March 4, 2022 by Jason Contant

BrokerLink’s M&A strategy remains focused on regions where it currently does business and is not looking to get into other verticals at the moment, senior executives at the brokerage tell Canadian Underwriter. “The focus continues to be Ontario, Alberta, and

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

Business growth chart with map of Canada on blue background
News AlbertaB.C.BrokersOntarioOperations

Western-based brokerage eyes expansion in Ontario and across Canada

February 24, 2022 by Jason Contant

B.C.-based brokerage InsureLine is looking to expand its unique franchise model to build its brand in Ontario and across Canada. To meet this objective, the brokerage appointed Kevin McKinnon as vice president of franchise development in mid-February. “My goal is