Topic Quebec
Purdue Pharma pleas could bolster efforts for Canadian opioid class action
October 23, 2020 by Anita Balakrishnan - THE CANADIAN PRESSTORONTO – A Canadian class action against opioid makers will start the process of getting certified in a hearing next month, a key test on how courts here will handle a case that is making waves in the U.S. The…
Why this client can only recover $50,000 on a $2.7-million commercial crime claim
October 16, 2020 by Greg MeckbachAn electronics distributor that lost nearly $2.7-million because its accounts payable staff were duped by fraudsters cannot claim under policy wording covering funds transfer fraud, a Quebec court has ruled. In Future Electronics Inc. (Distribution) Pte Ltd. v. Chubb Insurance…
Former Quebec premier suing government for $1M for privacy violation
October 15, 2020 by The Canadian PressMONTREAL – Former premier Jean Charest is suing the Quebec government for violation of his privacy in connection with an investigation by the province’s anti-corruption unit. The lawsuit filed Friday in Montreal seeks $1 million in punitive damages and $50,000…
Doubling down on specialty
October 2, 2020 by Greg Meckbach, Associate EditorBernard McNulty, Allianz Global Corporate & Specialty’s new chief agent for Canada, explains the impact of the pandemic and what changes may be in store
The pandemic-induced change Intact says has ‘proven to work’
September 28, 2020 by Greg MeckbachInsurers who sent most of their employees home to work have demonstrated remote access can indeed work — and even offer co-workers an opportunity to get to know each other’s families better — but it may be challenging over the…
Why Uber Canada dropped Intact as its insurance provider
September 16, 2020 by Greg MeckbachRide sharing firm Uber Canada chose Economical as its insurance provider because Uber would not agree to Intact’s pricing, a senior Intact executive said Tuesday. “We had a very good relationship, we just couldn’t agree on the price,” Intact CFO…
Lawsuit filed against makers of Montreal-area dike that burst, flooding town
September 3, 2020 by The Canadian PressMONTREAL – A Montreal-area town says its insurance company is suing the maker of a dike that burst last spring, flooding streets and forcing thousands of residents from their homes. Officials from Ste-Marthe-sur-le-Lac said Tuesday legal action has been filed…
Quebec class-action request filed on behalf of alleged victims of ex-hockey coach
September 2, 2020 by Morgan Lowrie - THE CANADIAN PRESSMONTREAL – A Quebec law firm is launching a $10-million class-action lawsuit on behalf of the alleged victims of a former Montreal police officer and hockey coach who died awaiting trial on sex-related charges. The request for authorization filed Tuesday…
What could happen when carriers disagree over commercial property pandemic exclusions
August 31, 2020 by Greg MeckbachWith commercial insurers adding pandemic exclusions to property and business interruption, it can be difficult to place a risk with multiple insurers unless they agree on what that exclusion should look like, a Quebec broker suggests. Some clients, especially during…
What is the future of ridesharing insurance in Canada?
August 27, 2020 by Jason ContantOnce autonomous vehicle technology becomes commercially feasible for public transportation, it will be widely adopted, predicts Obaid Rahman, vice president of commercial underwriting and specialty lines at Economical Insurance. “In my view, when autonomous technology is commercially viable for public…
How a cyberattack on a Canadian insurance courier affected brokers and carriers
August 26, 2020 by Jason ContantSome Canadian brokerages and insurers recently experienced delays in mail pick-up and delivery after a prominent courier service for the Canadian insurance industry suffered a cyberattack. ICS Courier confirmed in a message on its website Monday that it was the…
How possible is a hybrid insurance model for the sharing economy?
August 24, 2020 by Jason ContantBeing able to distinguish between personal and commercial usage is one of the biggest unique differences with underwriting for the sharing economy, but the abundance of data available makes a hybrid insurance model possible, Economical Insurance said recently. “You can…