Keyword
Intact Insurance Company
Insurer can dispute conviction of driving without insurance in accident benefits priority dispute
August 24, 2017 by Canadian UnderwriterFederated Insurance Company of Canada is allowed to bring forth arguments – in an Ontario auto accident benefits priority dispute with Intact Insurance Company – that a motorist convicted of driving without insurance was nevertheless insured by Intact, now that the Supreme Court of Canada has denied Intact leave to appeal.
Court records indicate that in early 2010, Patrick Cadieux had his vehicle insured by Intact. But his premium payment for February, 2010 was returned due to non-sufficient funds, Justice James Diamond of the Ontario Superior Court of Justice noted…
Ontario auto accident benefits priority dispute, involving driver convicted of having no insurance, could reach Supreme Court of Canada
August 22, 2017 by Canadian UnderwriterCan an Ontario auto insurer, in a priority dispute over which insurer should be responsible for paying a claimant accident benefits, be able to argue that a motorist convicted of driving without insurance was in fact insured by the insurer…
Q2 combined ratio improves 4.2 points for Intact, OneBeacon acquisition “on track to close” in 2017
August 1, 2017 by Canadian UnderwriterIntact Financial Corp. reported Tuesday its underwriting income was $103 million during the three months ending June 30, up $87 million from $16 million during the same period in 2016. Toronto-based Intact said direct premiums written rose 2%, from $2.458…
IBAO & Intact partner to deliver information to customers electronically
June 16, 2017 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) and Intact Insurance Company announced on Friday that they have created a working group to explore ways for brokers to integrate Intact’s new online Client Centre with their existing systems. This newly-formed group…
Non-approved Ontario auto forms do not always render insurance contracts void: Court of Appeal
May 10, 2017 by Canadian UnderwriterIf an Ontario auto insurer uses a form that is not approved by the province’s Superintendent of Financial Services, this does not necessarily render the contract of insurance void, the province’s appeal court suggested in a ruling released Wednesday. On…