Insurance & Risk, Analysis, Events and Careers
Claims
Insurance companies buying into the claims management supply chain are bound to face some headwinds when it comes to conflicts of interest, but ultimately the P&C industry is big enough to absorb more of these types of acquisitions in the future, panelists at the National Insurance Conference of Canada (NICC) predicted in Quebec last Monday. […]
By David Gambrill | September 30, 2019
3 min read
How can a joyous occasion turn into a nightmare scenario? The perils of public parades
September 27, 2019
7 min read
Online transactions in insurance have been identified as nearly twice as risky as other industries, new research has found. Iovation, a U.S.-based fraud detection company, said Tuesday that among the 10-billion global online transactions it screened between September 2018 and September 2019, 9.14% were identified as “risky” in the insurance industry, compared to 5.09% across […]
By Jason Contant | September 27, 2019
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. A recent tragic pile-up on a major highway near Montreal has spurred the Quebec government into action _ to find the best ways to improve roads […]
By Greg Meckbach | September 27, 2019
4 min read
B.C.’s small claims court found no fault with the way the Insurance Corporation of British Columbia (ICBC) assessed liability for a motor vehicle accident, despite a complaint that the insurer did not follow up on an admission of guilt by one of the drivers after the collision. ICBC assigned 50-50 liability to both drivers. However, […]
By Jason Contant | September 26, 2019
If an Ontario auto insurer discovers a client made a material misrepresentation or non-disclosure in its application, could the insurer treat the policy as invalid to begin with? Not now. Or at least, not if the fact situation is the same as in ING Insurance Company of Canada, also known as, or formerly, ING Halifax […]
By Greg Meckbach | September 26, 2019
HALIFAX – The Nova Scotia government says it’s too soon to say who will pay to remove a construction crane that was blown down during post-tropical storm Dorian. The province has declared a localized state of emergency in part of downtown Halifax in order to speed up removal of the crane. Labour Minister Labi Kousoulis […]
1 min read
Ontario’s Divisional Court ruled this week against Aviva Canada, which wants to challenge a Licence Appeal Tribunal ruling in favour of an auto accident benefits claimant. The case involves how Aviva denied the claim, which was to check a box labelled “medical reason,” with a short, boilerplate descriptor next to the ticked box. Brian Hedley […]
By Greg Meckbach | September 25, 2019
NEW YORK – Earth is in more hot water than ever before, and so are we, an expert United Nations climate panel warned in a grim new report Wednesday. Sea levels are rising at an ever-faster rate as ice and snow shrink, and oceans are getting more acidic and losing oxygen, the Intergovernmental Panel on […]
Even though post-tropical storm Dorian knocked out power to about 80% of homes and businesses in Nova Scotia, and left thousands more without power in the other Atlantic provinces, claims adjusters were well-equipped to deal with its aftermath. “In the industry, there was tremendous capacity from an adjusting perspective, both from the insurer side and […]
By Jason Contant | September 24, 2019
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