Keyword
Quebec
PACICC to participate in federal government’s review of insolvency legislation next year
April 18, 2017 Jason Contant, Online EditorThe Property and Casualty Insurance Compensation Corporation (PACICC) will participate in the federal government’s review of financial sector regulations next year, including the examination of an act that has not “really been reviewed” in more than a century. The Winding-up…
Ontario should create ‘list of documents that must be produced’ in personal injury auto lawsuits: Marshall
April 13, 2017 by Canadian UnderwriterThe Ontario government should consider allowing auto insurers to offer consumers more choices and come up with new rules for the tort system bearing in mind that personal injury auto lawsuits “seldom involve complex issues of law,” a special adviser…
Supreme Court of Canada bars lawsuits against hospital, police by auto accident victims compensated by SAAQ
March 27, 2017 by Canadian UnderwriterAn auto accident victim who is compensated by Quebec’s public automobile insurance plan cannot sue a third party for an “aggravated” or “separate” aspect of the injury, provided there is a “plausible, logical and sufficiently close link” between the accident…
Quebec motorists apply for class action status in lawsuit against government arising from snow storm
March 17, 2017 THE CANADIAN PRESSMONTREAL – Lawyers on behalf of motorists left stranded in their cars on a highway after Tuesday’s snowstorm applied on Thursday for a class action lawsuit against the Quebec government and City of Montreal. Plaintiffs are seeking $2,000 for each…
Quebec pounded by winter storm, premier acknowledges need for better response
March 16, 2017 Morgan Lowrie - THE CANADIAN PRESSMONTREAL – Heavy snow continued to fall Wednesday as Quebec emergency crews struggled to cope with a fatal winter storm that paralyzed traffic and left hundreds of motorists stranded in their cars overnight. Environment Canada said southwestern, central and eastern…
2016 insured losses for Canadian cats reached about $4.9 billion last year – 10 times more severe than 2015: PCS
March 7, 2017 by Canadian UnderwriterInsured losses from catastrophe events in Canada reached about $4.9 billion last year, nearly 10 times more severe than 2015, the quietest Canadian catastrophe year on record, according to Property Claim Services’ (PCS) full-year 2016 review. In 2016, PCS designated…
Federal government to conduct field exercise on response to incidents involving flammable liquids transported by rail
February 24, 2017 by Canadian UnderwriterTransport Canada (TC) and Defence Research and Development Canada (DRDC) announced on Friday that they will conduct a field exercise this weekend designed to improve Canada’s response capabilities in the event of an incident involving a train carrying flammable liquids,…
Echelon Financial Holdings Inc. sees lower net income for 2016 full-year, Q4 over prior-year periods
February 17, 2017 by Canadian UnderwriterIt was a mixed bag for Echelon Financial Holdings Inc. (EFH) in the fourth quarter of 2016, with strong commercial lines results and lower personal lines results combining to contribute to a 70% drop in net income to about $2.6…
Canadian auto sales to edge down in 2017: Scotiabank
February 7, 2017 by Canadian UnderwriterCanadian auto sales are expected to edge down to 1.94 million units in 2017, coming off four consecutive record years, according to the Scotiabank Global Auto Report, released on Tuesday. Despite the beginning of a sales recovery in the resource-rich…
2016 sees highest-ever catastrophe insured losses, hail has impact: Rennie
February 1, 2017 by Angela Stelmakowich2016 was a year of records: the largest catastrophe-related insured losses in Canada’s history, the biggest loss for a single Cat and the most hail events in the month of July, Carolyn Rennie, managing director of Catastrophe Indices and Quantification…
H.W. Kaufman Financial Group and Burns & Wilcox Canada acquire high-value homeowner’s practice from Quebec-based XN Financial Services
January 31, 2017 by Canadian UnderwriterH.W. Kaufman Financial Group and Burns & Wilcox Canada announced on Tuesday that they have acquired the high-value homeowner’s insurance practice from Quebec-based XN Financial Services, Inc. XN is a subsidiary of The Henner Group, a France-based insurance specialist offering…
Quebec judge authorizes taxi industry-led class action against Uber
January 25, 2017 The Canadian PressMONTREAL – Taxi companies and drivers across Quebec are claiming a first victory in their battle against Uber after a judge on Monday authorized their class action against the ride-hailing company. The taxi industry is seeking “hundreds of millions” against…