Keyword
commercial general liability
Pollution Protection
November 3, 2018 Brooke SmithPollution claims can be spectacularly damaging when they happen, and they are often excluded from CGL commercial insurance policies. So why aren’t more contractors buying environmental insurance, and how can brokers reverse the trend?
Auto Use
November 1, 2017 Daniel Strigberger Partner; and Andrew Mercer, Associate; Samis + CompanyFor both auto and non-auto policies, parties sometimes disagree over whether or not property losses or personal injuries are, ultimately, caused by use or operation of a vehicle.
Court to analyze whether commercial liability policy applies lawsuit arising from fatal injury on the job
September 14, 2017 by Canadian UnderwriterAn Ontario court finding, that Intact Insurance Company has a duty to defend an organization sued in connection with a worker killed on the job, lacked “analysis of the critical issues that had to be addressed,” the Court of Appeal for Ontario…
Ontario home inspector licensing bill ready for royal assent
April 11, 2017 by Canadian UnderwriterOntario politicians voted unanimously Monday in favour of a bill that will mandate licensing of home inspectors in the province and will let the government and consumer services minister regulate insurance requirements. Bill 59, an omnibus bill that also introduces…
Organizations considering standalone cyber coverage should evaluate risk profile to see if traditional policies are adequate: RIMS
March 24, 2017 by Canadian UnderwriterOrganizations considering standalone cyber coverage should carefully evaluate their risk profile and determine whether more traditional policies provide adequate coverage, suggests a newly released report from RIMS, the risk management society. The report, authored by Teri Cotton Santos, a member…
Injured federal worker’s lawsuit against employers can proceed
January 13, 2017 by Canadian UnderwriterThe Supreme Court of Canada announced Thursday it will not hear an appeal from a construction worker who was named in a statement of claim by a federal employee in Whitehorse, paving the way for an injured worker to sue…
Benefits of merging Fairfax and Allied World ‘far outweigh’ overlap in reinsurance: Fairfax Insurance COO
December 19, 2016 by Canadian UnderwriterThe merger agreement announced Sunday by Toronto-based Fairfax Financial Holdings Ltd. and Allied World Assurance Company Holdings AG will give Fairfax a “rather different profile” of insurance business than it currently owns, but it is not clear what percentage of…
‘Work performed’ exclusion in builder’s liability policy does not apply in allegations of consequential damage: Court of Appeal for Ontario
November 9, 2016 by Canadian UnderwriterA “work performed” exclusion in a commercial general liability policy for a building contractor does not apply if a lawsuit against a contractor alleges consequential damage, the Court of Appeal for Ontario suggested in a ruling released Tuesday. Parkhill Excavating…
Organizations starting to show greater openness to enlisting experts to help with cyber security: NICC speaker
October 1, 2016 Angela Stelmakowich, EditorVANCOUVER – Cyber attackers are becoming increasingly sophisticated – employing better techniques and targeting information that could prove particularly damaging – but that may be balanced by a greater openness to use expertise and not go it alone, it was…
Ontario government to table home inspector licensing legislation
August 18, 2016 by Canadian UnderwriterSix months after a bill proposing to regulate home inspectors was tabled in the Ontario legislature, the provincial government said Wednesday it plans to “introduce legislation this fall that would, if passed, regulate the province’s home inspection industry.” Bill 165,…
Q1 claims costs up 48.1% at Manitoba Public Insurance
July 19, 2016 by Canadian UnderwriterManitoba Public Insurance Corp., the crown corporation that writes auto insurance in the province, reported Friday its underwriting loss was $33.8 million during the three months ending May 31. MPI had reported underwriting income of $40.73 million in the three…
Unlimited Liability
May 1, 2016 The CIP Society - Insurance Institute of CanadaWhen placing commercial liability coverage, insurance brokers should never tell policyholders how much coverage is enough. Clients should be advised there is always a possibility of being underinsured for a potential judgment or settlement.