Canadian Underwriter

Keyword
pollution


News ClaimsInsurance

How Intact and Economical won this pollution coverage dispute

April 10, 2019 by Greg Meckbach

A court ruling against Economical and Intact over pollution exclusions in commercial general liability policies has been reversed. As a result, the insurers do not have to defend a Vancouver area dry cleaner against a lawsuit filed by its neighbours

News Legal

New Brunswick pulp and paper firm fined $3.5 million for pollution

November 6, 2018 THE CANADIAN PRESS

SAINT JOHN, N.B. – Irving Pulp and Paper Ltd. has been hit with one of largest penalties ever imposed in Canada for an environmental violation. The company, based in Saint John, N.B., was fined $3.5 million Monday for dumping improperly

News Legislation / RegulationRisk

The ‘wake-up call’ for brokers placing D&O liability

October 2, 2018 by Greg Meckbach

A multi-million-dollar pollution clean-up order that spooked the Canadian insurance industry has some commercial brokers taking a good hard look at the exact wording of mid- to large-sized clients’ directors and officers (D&O) liability policies. The Ontario Ministry of the

News BrokersClaimsInsuranceLegislation / RegulationRisk

How commercial insurers are addressing this D&O coverage gap

September 21, 2018 by Greg Meckbach

If your corporate client goes under and occupies polluted land, what happens if individual directors are left on the hook to clean up environmental contamination? This is the subject of “long, complex discussions” that Aon Canada brokers are having with

News ClaimsInsurance

Beware of this water-related risk excluded by CGL

July 9, 2018 by Greg Meckbach

If water damage is top of mind for property insurers, does this mean mold is covered by a commercial general liability policy? Not necessarily. Commercial brokers should make sure they aware of exclusions in CGL policies that would prevent their

News InsuranceLegalMarkets / Coverages

Why your CGL pollution exclusion may not go far enough

January 4, 2018 by Canadian Underwriter

Even though they put pollution exclusions into their commercial general liability policies, two major insurers are still on the hook for defending a Vancouver area dry cleaner against a lawsuit arising from soil contamination, a court ruled last week. In

News InsuranceLegalMergers and AqcuisitionsTechnology

Ontario ministry searches Volkswagen offices in emissions scandal investigation

September 20, 2017 Dan Healing - THE CANADIAN PRESS

The federal government should be moving ahead with action against Volkswagen in the wake of news that Ontario has charged the company and carried out a raid on its headquarters, according to an environmental organization. On Tuesday, provincial authorities executed

News CatastrophesConstructionInsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

XL Catlin launches new contractors pollution liability program in Canada and the U.S.

June 8, 2017 by Canadian Underwriter

XL Catlin announced on Thursday that it has launched its new Contractors Pollution Liability Express Program in Canada and the United States to provide consumers with “speed to market and a streamlined environmental insurance underwriting approach” for small to midsize

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 AppointmentsInsuranceMergers and AqcuisitionsProductsProfessional Development

Can-Sure Underwriting & Beacon Underwriting promotes Cameron Copeland to president

April 18, 2017 by Canadian Underwriter

Canadian property and casualty managing general agency (MGA) Can-Sure Underwriting and Beacon Underwriting announced on Tuesday that Cameron Copeland will assume the role of president. Copeland assumed the role effective April 15, succeeding Can-Sure founder Jeff Hart, who has “decided

News CatastrophesInsuranceLegalLegislation / RegulationMarkets / Coverages

Lawyer warns pollution lawsuits in Alberta can proceed ‘well past the ultimate limitation period’

April 10, 2017 by Canadian Underwriter

A plaintiff could file a pollution lawsuit in Alberta “well past” the end of the limitation period, even if a hazardous substance was released more than 50 years ago, a lawyer warned in a recent blog post. Alberta’s Environmental Protection

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Larger liability claims expected to become more expensive, complex: AGCS

March 30, 2017 by Canadian Underwriter

There is increasing potential for “larger liability claims to become more expensive, complex and international, demonstrating the pervasive and long-term nature of liability losses,” suggests a new global claims review released Thursday by Allianz Global Corporate & Specialty (AGCS). Industrial,