Canadian Underwriter

Keyword
misrepresentation

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News ClaimsInsuranceLegalLegislation / Regulation

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

News ClaimsInsuranceLegal

These directors resigned from their board but still got sued

July 9, 2018 by Greg Meckbach

A recently-announced agreement to settle a lawsuit valued at $500,000 shows the liability risk faced by directors of Ontario-based companies with overseas operations. Even though four directors and officers had resigned, citing a lack of cooperation with the company’s managers

News InsuranceLegalLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

How legalizing pot will affect your insurance policies

June 5, 2017 Jason Contant, Online Editor

The impending legalization of marijuana in Canada raises a number of legal issues related to property insurance policies, Michael Teitelbaum, a partner with Hughes Amys LLP, said last week at ARC Group Canada’s 2017 annual seminar and cocktail event. In

News InsuranceLegal

Court of Appeal for Ontario clears way for misrepresentation lawsuit against directors and officers arising from take-over bid circulars

August 23, 2016 by Canadian Underwriter

Shareholders alleging that an offeror made a misrepresentation in a take-over bid circular can – in Ontario – sue both the offeror and the offeror’s directors and signatories personally, rather than having to choose to sue one or the other,