Claims

Flooded with new exposure

Laura Twidle, managing director at Catastrophe Indices and Quantification Inc. (CatIQ), adds a new twist on why the P&C industry is inundated with flood claims. Hint: It’s not just climate change

December 2, 2019

5 min read

The ‘silent assassin’ in this liability coverage

We’ve all heard of ‘silent cyber’: potential cyber exposures contained within traditional property and liability policies that may not implicitly include or exclude cyber risks. But what about a ‘silent assassin’ in a policy? “Technology-related areas are a silent assassin for medical providers and their insurance policies,” Tim Boyce, healthcare practice leader with London, UK-based […]

By Jason Contant | December 2, 2019

3 min read

Why an insurer has to pay brake repair costs under this optional policy

Is the cost to repair vehicle brakes covered by an optional Autoplan policy in British Columbia? Yes, if the fact situation is similar to a small claims dispute recently heard by the province’s Civil Resolution Tribunal. In Driedger v. ICBC, the tribunal ordered the Insurance Corporation of British Columbia to pay Ronald Driedger $1,768.29 – […]

By Jason Contant | December 2, 2019

4 min read

Why Supreme Court of Canada ruled in favour of Lloyd’s

A $5.6-million court award in favour of Lloyds Underwriters and one of its Quebec-based shipowner clients has been restored by the Supreme Court of Canada. Desgagnés Transport Inc. v. Wärtsilä Canada Inc., released Nov. 28, means a section of the Quebec Civil Code on warranties and latent defects can essentially quash a limitation-of-liability clause in […]

By Greg Meckbach | December 2, 2019

4 min read