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Bodily Injury

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Three product ingredients that could cause large claims

September 13, 2018 by Greg Meckbach

If your client makes or supplies beauty care products, they could face bodily injury lawsuits if certain chemicals are present. The “toxic trio” – dibutyl phthalate (DBP), toluene and formaldehyde – are contained in some nail varnishes, body lotions, fragrances

News ClaimsInsuranceLegalMarkets / Coverages

CGL insurer has duty to defend third-party claim arising from workplace injury

October 19, 2017 by Canadian Underwriter

There is a possibility that a third-party claim against a door installation company – whose subcontractor was injured on the job and was not covered by the Alberta Workers’ Compensation Board – falls under a commercial general liability policy, a

News InsuranceLegislation / RegulationMarkets / Coverages

Bodily injury lawsuit against City of Montreal not barred by six-month prescriptive period

October 13, 2017 by Canadian Underwriter

The family of a Montreal woman murdered in 2010 is not barred, by the six-month prescriptive period in Quebec’s Cities and Towns Act, from suing the city, the Supreme Court of Canada suggested in a ruling released Friday. In the

News InsuranceLegislation / RegulationMarkets / Coverages

Making ICBC a co-op one option for B.C., competition must be part of any option selected: taxpayers federation

August 25, 2017 by Canadian Underwriter

The British Columbia government has options at its disposal to address auto insurance problems in the province – ranging from leaving the Insurance Corporation of B.C. (ICBC) to shuttering the insurer – but all should include reintroduction of competition, concludes a new report commissioned by the Canadian Taxpayers Federation (CTF). CTF argues that “fast and furious changes” are needed in light of the “looming 30% hike to car insurance,” a figure noted in an Ernst & Young LLP (E&Y) report made public last month. Among its many observations, the…

News InsuranceMergers and AqcuisitionsTechnology

More drone activity anticipated, safety-first approach essential: SCOR newsletter

June 9, 2017 by Canadian Underwriter

An agile and flexible response by all parties is needed in light of the new and little-understood risks expected to emerge with the anticipated increase in drone activity over the next few years, SCOR experts write in a recent technical

News ConstructionInsuranceMergers and Aqcuisitions

Ironshore Specialty Casualty construction cover now addresses M&A transition exposures

March 10, 2017 by Canadian Underwriter

Bermuda-based Ironshore Specialty Casualty has enhanced its Transition Protection policy form to address contractual exposures associated with an organizational merger or acquisition (M&A) specific to the construction industry. Construction companies typically have contractual requirements to obtain insurance coverage for work

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Small firms wanting cyber coverage should “hold an inventory” of personally identifiable information: Chubb

March 3, 2017 Greg Meckbach, Associate Editor

Bodily injury and property damage exclusions in cyber insurance policies means the Internet of Things has “big implications” for organizations, while malware that existed unbeknownst to a user before binding a policy can mean a cyber incident is not covered,

News Earnings / RatingsInsurance

MPI posts $3.6 million net loss for first nine months of current fiscal year

January 30, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) has recorded a net loss for the first nine months of its fiscal year ending Nov. 30, 2016, compared to posting net earnings for the same period one year earlier. MPI saw a net loss of

News AssociationsCatastrophesInsuranceMergers and Aqcuisitions

First nine months of 2016 ‘disappointing’ for Canadian P&C industry: Intact president

January 25, 2017 Greg Meckbach, Associate Editor

Brokers should expect personal automobile insurance to be “much more difficult” for their carriers, while a new definition of catastrophic impairment in Ontario was the most important change the province made effective June, 2016, the president of Intact Insurance suggested

Feature LegalMergers and Aqcuisitions

Family Rules

April 1, 2016 Mike Adlem, Chair, Insurance & Professional Liability Practice Group, Gowling WLG (Canada) LLP

The Supreme Court of British Columbia, in reviewing a typical family exclusion contained in homeowner policies, took the rare step of drafting an exclusion that would have been effective in the case at issue. The court’s views and language should be of interest to all underwriters of Canadian homeowner policies.