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Claims
Adjusters handling auto liability claims shouldn’t be too quick to settle and take what the plaintiff’s lawyer is saying with a grain of salt. These are among the takeaways from Thursday’s Supreme Court of Canada decision in Fleury v. Paulus. Bassman Paulus was rear-ended Nov. 20, 2008 by a vehicle driven by Michael Fleury, whose […]
By Greg Meckbach | June 14, 2019
4 min read
Defendants who won a class-action lawsuit were recently awarded $166,000 to reimburse them for legal costs, but the plaintiffs are appealing. Casino Rama, located near Orillia, Ont. was the target of a cyber breach in 2016 by an unknown criminal. As a result, a lot of information on vendors, employees and customers was stolen. In […]
By Greg Meckbach | June 13, 2019
3 min read
Third-party liability coverage continues to be the bane of Alberta auto insurers’ existence, the province’s Automobile Insurance Rate Board (AIRB) revealed in its 2018 annual report. Provincial auto insurers collect 53% of every dollar for third-party liability coverage, but are paying 59% towards the costs of claims, AIRB said in its annual report, released Tuesday. […]
By Jason Contant | June 13, 2019
2 min read
Total Loss Series, Part 3: Solutions Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total loss cycle times by a week. How can the industry do this? In the first […]
5 min read
LLOYDMINSTER, Sask. – Husky Energy has pleaded guilty in a pipeline leak that sent oil spilling into a major river and fouled the source of drinking water for thousands of people. The spill into the North Saskatchewan River in July 2016 forced the cities of North Battleford, Prince Albert and Melfort to shut off their […]
By Greg Meckbach | June 12, 2019
What is contributing to New Brunswick’s skyrocketing loss ratio? According to Canadian Underwriter’s 2019 Statistical Issue, the total (direct) loss ratio for the province last year was 100.8%, up 22 points from 78.8% in 2017. This makes it the highest in the country; the other provinces and territories ranged between 56.6% and 72% in 2018. […]
By Jason Contant | June 12, 2019
What’s blocking Canada from establishing its own national flood insurance program?
June 12, 2019
VICTORIA – Councillors in Victoria are being asked to authorize demolition of what remains of the Plaza Hotel after a fire that burned for four days in the city’s downtown last month. The three-storey, 108-year-old vacant structure had been designated a heritage site and was to be transformed from a former strip club into commercial […]
By Greg Meckbach | June 11, 2019
With overland water damage claims rolling in from major floods across the country, the question still arises: are clients covered?
June 11, 2019
HALIFAX – The personal health information of nearly 3,000 people may have been compromised in a phishing attack, the Nova Scotia Health Authority says. The health authority said Monday that it is investigating a “potential” privacy breach affecting 2,841 patients. It said the breach was discovered by its IT security team after an employee’s email […]
By Greg Meckbach | June 10, 2019
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