Claims

McCague Borlack LLP “Christmas in January”

McCague Borlack LLP hosted their annual “Christmas in January” at the Design Exchange on January 20th, 2010 and enjoyed the opportunity to share drinks, discussion and celebrate the occasion with more than 300 guests.

January 31, 2010

1 min read

Claims

MD&D’s Annual American Thanksgiving

MD&D’s Annual American Thanksgiving once again attracted industry guests to an afternoon of football, food and socializing. On Nov. 6, Montana’s M Lounge was filled with industry delegates catching up with old friends, enjoying tasty treats with football playing in the backdrop.

January 31, 2010

1 min read

Claims

Ontario Pond of the Honourable Order of the Blue Goose

Dec. 3, 2009 saw the Ontario Pond of the Honourable Order of the Blue Goose host its annual Christmas Galabration with well over 100 Ganders and guests in attendance. Liberty Group’s newly renovated Ciao Wine Bar in Toronto’s trendy Yorkville area served as the setting. Cocktails and a fabulous meal were followed by the amazing […]

January 31, 2010

1 min read

Claims

No requirement for policyholder to sue insured, potentially liable third parties before resorting to uninsured coverage

An insurance company has been found liable to pay a policyholder injured in an auto collision under the uninsured provisions of the policy, even though the policyholder failed to sue potentially negligent and/or liable insured third parties. The Supreme Court of Canada did not grant leave to appeal in Loftus v. Security National Insurance Company, […]

By Canadian Underwriter | January 29, 2010

2 min read

Ban on hand-held devices while driving fails to reduce risk of crash: HLDI

Bans on hand-held devices while driving fail to reduce crashes, a new Highway Loss Data Institute (HLDI) study found.The HLDI is an affiliate of the Insurance Institute for Highway Safety (IIHS). It calculated monthly collision claims per 100 insured vehicle years — one car insured for one year, two insured for six months, etc. — […]

2 min read

Cell phone ban while driving exposes employers to vicarious liability

Employers might be held vicariously liable if they permit employees to use hand-held devices while driving, warns Zurich North America.This could include operating a company-owned cell phone or mobile device while driving.As the banning of such devices grows more common in jurisdictions, Zurich notes that since 2001 a growing number of U.S. jury awards have […]

1 min read

Ontario court considers whether a judge or jury should hear cases involving multi-accident scenarios

Is a jury capable of assessing damages in cases involving multi-accident scenarios, overlapping injuries and complicated medical evidence? The Ontario Superior Court was asked to consider the question in Hossny v. Belair Insurance, a complicated case in which an insured was injured in three separate motor accidents between 1997 and 2004, the first of which […]

2 min read

Extended warranty is not “insurance:” Alberta court

An extended warranty is not an insurance contract, the Court of Queen’s Bench of Alberta has decided.”In my view, the distinction between a warranty and insurance is that a warranty covers the risk that the covered product will fail due to some inherent flaw or weakness in the course of normal use, while insurance covers […]

1 min read

Short-term hurricane loss models ineffective: Karen Clark & Company

Insured losses resulting from hurricanes cannot be predicted on a short-term horizon, says Karen Clark & Company.Near-term models, designed to project insured losses from Atlantic hurricanes in the United States for the five-year period ending in 2010, have significantly overestimated losses for the cumulative 2006 through 2009 seasons, a Karen Clark release says.Three major catastrophe […]

2 min read

Southeast region of United States most vulnerable to 2010 tropical cyclones: Guy Carpenter

The southeast region of the United States is most vulnerable to tropical cyclones coming ashore in 2010, according to the January update of Guy Carpenter’s GC ForeCat. The forecasted landfall rate of tropical cyclones in the southeast region (the coastline from the Atlantic Florida-Georgia border to Cape Hatteras) is 0.70, according to Guy Carpenter. This […]

1 min read