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When business interruption coverage disputes arising from COVID-19 make their way into court, judges may look at whether insurers priced for pandemic, but by far the key consideration will be policy language, says one insurance defence lawyer. “Because an insurance policy is simply a contract, albeit with some special features, the insurance policy wording remains […]
By Greg Meckbach | April 30, 2020
3 min read
FORT MCMURRAY, Alta. – An ice jam on the Athabasca River is nearly half the size it was earlier this week when it caused major flooding in Fort McMurray and forced 13,000 people from their homes. The Regional Municipality of Wood Buffalo says in a statement that the blockage was 13 kilometres in size Wednesday […]
FORT MCMURRAY, Alta. – Premier Jason Kenney says the province’s chief medical officer of health is relaxing some COVID-19 restrictions for people who are dealing with flooding in northern Alberta. Kenney says in a tweet sent out late Tuesday that there have been concerns expressed in the Regional Municipality of Wood Buffalo, which includes Fort […]
By Greg Meckbach | April 29, 2020
1 min read
Commercial insurers may say that business interruption does not normally apply to the pandemic because coverage only kicks in when there is an insurable property loss. However, some clients’ lawyers are arguing the coronavirus should in fact be considered a physical loss. South of the border, insurance lawyer Charles “C.J.” Haddick knows of one lawsuit […]
Broker advice and advocacy are shining brilliantly during the days of the global pandemic, with insurer products, coverage options and consumer relief packages in a constant state of flux. Many in the P&C industry have noted that broker value has now taken centre stage in the public spotlight. But as author Ken Kesey warns in […]
By David Gambrill | April 28, 2020
As summer approaches in the midst of the COVID-19 pandemic, a key question is whether motorists with winter tires are getting their seasonal tire changes. Keeping winter tires on during the summer increases the risk of aquaplaning because winter tire treads don’t shed water as effectively as those of summer or all-season tires, warns CAA […]
By Greg Meckbach | April 27, 2020
The Supreme Court of Canada announced it will hear an auto liability coverage dispute involving RSA Canada, insurer of a motorcyclist who had alcohol in his system while holding a probationary licence. The motorcyclist, Steven Devecseri, was killed May 29, 2006, after colliding with a vehicle. Its driver sued both Devecseri’s estate and Jeffrey Bradfield. […]
FORT MCMURRAY, Alta. – Flooding in northern Alberta has led to mandatory evacuations in Fort McMurray and a request to the federal government for military assistance. “We have requested assistance from the federal government as we face this new crisis,” Don Scott, mayor of the Regional Municipality of Wood Buffalo, said in social media post […]
2 min read
The COVID-19 pandemic could cause large losses for liability insurers covering nursing homes and long-term care facilities, and therefore further tightening of rates, a Canadian managing general agent predicts. “There are a lot of exposures in the business,” Stephen Stewart, CEO of Stewart Specialty Risk Underwriting Ltd., said in an interview of long-term care facilities. […]
By Greg Meckbach | April 24, 2020
VANCOUVER – A flood warning has been issued for a river near Prince George, British Columbia, after it rose nearly 35 centimetres in a day. The B.C. River Forecast Centre, which assesses water supply, flood risk and predicts flows in provincial waterways, upgraded the warning for the Chilako River early Friday. It says the river […]
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