Claims

Why Uber has a new insurer

After a five-year-long business relationship with Intact, ridesharing giant Uber moved its business to Economical. What prompted the move?

October 23, 2020

3 min read

Why reinsurers are now ‘hesitant’ to support some Canadian insurers

One lesson from the economic disruption from COVID-19 is the importance of telling clients exactly what risks are and are not covered, an Insurance Brokers Association of Ontario panelist suggested Thursday. “Business interruption class action litigation does not attract capital into our country,” Carol Jardine, president of Wawanesa Mutual Insurance Company’s Canadian property and casualty […]

By Greg Meckbach | October 22, 2020

3 min read

Why brokers are going to get sued over pandemic business interruption claims

Some brokers are going to get sued by clients whose COVID-19 business interruption claims were denied, a keynote speaker warned Insurance Brokers Association of Ontario (IBAO) members Wednesday. “The main area of claim will be failure to advise of potential risks regarding pandemic, and failure to advise how business interruption coverage actually works in their […]

By Greg Meckbach | October 21, 2020

3 min read

Ontario to provide COVID-19 liability protection to workers and some organizations

TORONTO – Health-care workers, businesses and non-profits could receive liability protection against COVID-19-related lawsuits under legislation proposed by the Ontario government Tuesday, but critics said the bill would result in extra protection for long-term care providers who failed residents during the pandemic. Attorney General Doug Downey said that if passed, the proposed law would ensure […]

By Jason Contant | October 21, 2020

4 min read