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More fairness in Ontario auto insurance needed to fix the system: IBC’s Forgeron

October 24, 2016 by Canadian Underwriter

Fairness is still lacking in Ontario’s auto insurance system and a balance needs to be struck between both lower premiums and the right level of benefits, Don Forgeron, president and chief executive officer of Insurance Bureau of Canada (IBC), said

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IBC applauds Ontario government’s focus on auto insurance reforms

September 23, 2016 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is applauding the Government of Ontario for “continuing to make auto insurance reforms a priority” as the government released mid-point mandate letters for all Cabinet Ministers. One of the key items in Minister of

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Supreme Court could decide whether denial of catastrophic impairment status triggers two-year limitation period in Ontario auto dispute system

September 20, 2016 by Canadian Underwriter

A disputed Ontario auto insurance claim, in which the carrier denied a claimant’s request for catastrophic impairment status, could reach the Supreme Court of Canada. Court records indicate that RBC General Insurance Company sent correspondence to Zofia Machaj denying her

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Louisiana flooding “one of the most significant” natural disasters since Superstorm Sandy, 40,000-60,000 properties affected: RMS

August 19, 2016 by Canadian Underwriter

Flooding in Louisiana is “one of the most significant U.S. natural disasters, let alone flood events, since Superstorm Sandy” in 2012, Risk Management Solutions, Inc. (RMS) said on Friday. Heavy rainfall since Friday, Aug. 12 has caused widespread riverine flooding

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Disputed $25-million product liability claim will not reach Canada’s highest court, for now

August 4, 2016 by Canadian Underwriter

The Supreme Court of Canada recently announced it will not hear an appeal, from a forestry firm’s captive reinsurance company, of a ruling arising from a disputed $25-million liability insurance claim. This means that an order for a new trial

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SGI Canada assigning more adjusters to deal with Saskatchewan flooding claims following heavy rainfall

July 12, 2016 by Canadian Underwriter

SGI Canada will be assigning additional adjusters to Estevan, Saskatchewan – among the areas in the province hit by heavy rainfall that prompted localized flash flooding – to handle what is anticipated to be higher-than-normal claim volumes, the insurer reported

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Floods in U.K. expected to produce repair bill of £1.3 billion, good progress on repairs to date

May 26, 2016 by Canadian Underwriter

The average cost of a domestic claim for the floods caused by Storms Desmond, Eva and Frank – which hit the United Kingdom in December and early January – is higher than usual, with the Association of British Insurers (ABI)

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Whiplash fraud as unacceptable as drunk driving, survey for Aviva UK finds

April 27, 2016 by Canadian Underwriter

People in the United Kingdom believe that falsifying injuries on a motor insurance claims is as unacceptable as drunk driving, according to new research for Aviva UK. According to the research of 2,000 UK adults, released on Wednesday, 87% of

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Supreme Court will not hear appeal from Ontario auto claimant whose lawsuit was dismissed due to two-year limitation period

March 18, 2016 by Canadian Underwriter

The Supreme Court of Canada announced Thursday it will not hear an appeal from an Ontario auto claimant who unsuccessfully sought a non-earner benefit more than three years after her income replacement benefits were terminated. In a ruling released July

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Smart home technology can be used to reduce potential claims from inclement weather, other risks: Allstate Canada

March 17, 2016 by Canadian Underwriter

Smart home technology can serve as a prevention tool for homeowners looking to reduce potential damage related to exposure to the elements, with Allstate Canada reporting Thursday a company review of home claims reveals almost one in four are related

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Injured woman cannot pursue tort lawsuit in Ontario over motorcycle accident in B.C.

March 10, 2016 by Canadian Underwriter

Canada’s highest court announced Thursday it will not hear an appeal from an Ontario woman injured in a motorcycle accident in British Columbia who unsuccessfully sought to sue the driver in an Ontario court. So a unanimous finding – that

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Co-ordinated effort limited contractor fraud following 2013’s F-5 tornado in Oklahoma

March 7, 2016 by Canadian Underwriter

Unprecedented planning and co-ordinated efforts by state and local authorities, law enforcement and the insurance industry provided the means to protect the public from fly-by-night contractors, suggests the National Insurance Crime Bureau (NICB). “Preparation in advance of the F-5 tornado