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News ClaimsInsuranceLegislation / Regulation

How this insurer fared against a drunk driver’s “regurgitation” defence

July 10, 2018 by David Gambrill

After a drunk driver regurgitates alcohol from the stomach to the mouth, taking a breathalyzer test just seconds shy of a 15-minute wait period doesn’t necessarily render the test invalid, a B.C. court has found. In reaching its conclusion, the…

News ConstructionInsuranceMarkets / Coverages

Paid Steering the Course: Course of Construction (COC) Insurance Options

July 10, 2018 by Neil Jeanson, Senior Class Underwriter, XL Catlin

All it takes is a spark.  From a sander. Or errant cigarette.  And POW!  Igniting common, flammable construction materials like wood, solvents, packaging, and gasoline and turning a work in progress to a pile of ash.  It’s a powerful blow…

News CatastrophesClaimsClimate Change

Tropical Storm Chris tracks towards Nova Scotia

July 9, 2018 by Greg Meckbach

Storm weather arising from a hurricane could hit Nova Scotia Wednesday night, with a low but not zero probability of hurricane-force winds hitting Canada’s east coast. Tropical Storm Chris is expected to start moving northeast and reach hurricane status Tuesday,…

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 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 BrokersInsuranceMarkets / Coverages

Looking to grow your E&O? Consider emerging classes of consultants

July 9, 2018 by David Gambrill

An emerging class of professional consultants is a new area of opportunity for brokers seeking to place errors and omissions (E&O) insurance. “We as a society have changed to become more service-oriented,” says Marilyn vanGansewinkel, vice president of specialty insurance…

News AnnouncementsBrokersInsuranceMergers and Aqcuisitions

Brokerlink expands Ontario presence with latest acquisition

July 9, 2018 by David Gambrill

Brokerlink, one of Canada’s largest property and casualty insurance brokerages, has expanded its presence in Ontario with the acquisition of three new brokerages. Ontario brokerages Adriatic Insurance Brokers Ltd., Magermans & Raes Insurance Brokers Ltd., and Insurance Protection Group Inc.…

News InsuranceMarkets / CoveragesMGAs

Insurers jumping out of the trampoline business

July 8, 2018 by Jason Contant

Canadian insurers are jumping out of the trampoline business. Gina Bennett, vice president of Markel Canada’s western region, told Canadian Underwriter Thursday that there are few markets to approach for trampoline risks, as most sports insurance carriers have exited writing…

News CatastrophesClaimsInsurance

Why this city is billed as “progressive” in reducing flood risk

July 8, 2018 by Greg Meckbach

Toronto is one of the most progressive cities in taking steps to reduce basement flood risk, Institute for Catastrophic Loss Reduction (ICLR)  director of research Dan Sandink said Thursday in an interview. And a ban on below-grade garages is Exhibit A…

News InsuranceLegal

Clear policy exclusion wins the day in class action against credit union

July 8, 2018 by Greg Meckbach

A clear exclusion pertaining to fees and commissions in a credit union’s professional liability policy means Liberty International Underwriters will not have to defend a British Columbia credit union against a class-action lawsuit related to machine charges outside of Canada. Coast…

News Markets / CoveragesTechnology

Why fully automated cars are a lot further away than you think

July 8, 2018 by Jason Contant

Don’t hold your breath waiting for the first fully autonomous car to hit the streets anytime soon. Car manufacturers have projected for years that we might have fully automated cars on the roads by 2018. But for all the hype that…

News LegalMarkets / Coverages

Truck driver criminally charged in Humboldt Broncos bus crash

July 7, 2018 by Dean Bennett - THE CANADIAN PRESS

The driver of a transport truck faces 29 criminal charges in a fatal collision that killed 16 people, including 10 players, with the Humboldt Broncos junior hockey team. Thirteen other players were injured. RCMP say Jaskirat Singh Sidhu, 29, is…