Claims

Court favours insurer in case that differentiates between leasing and financing

B.C.’s public insurer is off the hook to pay for vandalism damage done to a car that was jointly owned by the driver and his finance company, because the arrangement between the two car owners was not a true lease. In Drive Finance Company (Canada) Ltd. v. Randhawa, B.C.’s Civil Rules Tribunal heard that Drive […]

By David Gambrill | January 14, 2022

4 min read

The insured damage cost of December’s windstorm in eastern Canada

The windstorm that swept across Ontario, Quebec and the Atlantic provinces between Dec. 11 and 14 caused more than $152 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The eastern Canada windstorm brought strong winds to Ontario and Quebec, along with heavy rain and wind to parts of the Atlantic provinces, namely Newfoundland […]

By Alyssa DiSabatino | January 13, 2022

1 min read

What Intact paid for Cats last quarter

Intact paid out an estimated $186 million for catastrophe losses in 2021 Q4, the company reported. “Approximately 55% of the catastrophe losses were in our Canada segment, with half in personal property,” IFC says in a press release. “This mostly reflected the impact of floods in British Columbia, as well as windstorms across Ontario and […]

By Jason Contant | January 12, 2022

2 min read

Court gets tough in $10-million “emotional distress” case

Canadian courts are starting to get tough on potentially vexatious claimants, including insurance claimants, as seen in a Jan. 7 decision by the Court of Queen’s Bench in Alberta. In Sun v. Allwest Insurance Services, the Alberta court referred to a relatively new practice note, known as ‘CPN7,’ to ask pointed questions of a B.C. […]

By David Gambrill | January 12, 2022

3 min read