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Why depressed oil price matters to brokers

February 25, 2020 by Greg Meckbach

With oil prices down nearly 30% over 16 months and bankruptcies on the rise, now might be a good time for brokers to check their oil and gas clients’ insurance policies – especially their directors’ and officers’ (D&O) coverage. Among…

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How environmental liability ruling could affect other insurance lines

March 27, 2019 by Greg Meckbach

Environmental liability is not the only line of insurance that could be impacted by the recent Supreme Court of Canada ruling on a trustee in bankruptcy’s obligation do deal with inactive energy assets such as oil wells. In Orphan Well…

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This Supreme Court ruling could drive environmental insurance sales

March 19, 2019 by Greg Meckbach

Brokers could see more demand for environmental liability insurance because of a recent Supreme Court of Canada ruling in favour of the Alberta Energy Regulator, a Toronto underwriter suggests. In Orphan Well Association v. Grant Thornton Ltd., the Supreme Court…