Claims

Take-up rates low in this line of commercial insurance: Lloyd’s

Is your client’s loss of income covered if the business got interrupted because of a catastrophe that hit a supplier? That depends on what the policy says and whether the client actually bought contingent business interruption (CBI) insurance. And these days, that doesn’t seem likely, according to a recent report by Lloyd’s. CBI covers lost […]

By Greg Meckbach | October 22, 2019

3 min read

Class action lawsuit filed over crane toppled by Dorian

HALIFAX – A proposed class action lawsuit is looking to recover losses sustained by businesses and residential tenants displaced by the collapse of a construction crane in downtown Halifax last month during post tropical storm Dorian. A notice of action was filed in Nova Scotia Supreme Court on Friday by lawyer Ray Wagner. The proposed […]

By Jason Contant | October 22, 2019

3 min read

Why Supreme Court of Canada is looking at risk-based underwriting

Does the federal government have the power to prohibit insurers from asking consumers questions that carriers say are material to their risk? This question was recently put to the Supreme Court of Canada in a life insurance context. “Risk-based underwriting is not bad for you,” said Christopher Richter, a partner with Torys LLP, on Oct. […]

By Greg Meckbach | October 21, 2019

4 min read

Investigation continues after van dragged pedestrian several blocks

VANCOUVER – A 24-year-old woman must undergo multiple surgeries to reconstruct her face after a van dragged her for several blocks in downtown Vancouver last weekend An online fundraising page for the woman, only identified as Desiree, says doctors at Vancouver General Hospital are operating on her while she fights life-threatening injuries. Multiple media reports […]

By Greg Meckbach | October 21, 2019

2 min read