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Claims
A 22-year-old Beeton, Ont. woman who suffered a serious brain injury in a 2002 auto accident has received a court award of $18.4 million. The sum, awarded by the Ontario Superior Court, is thought to be the highest-ever damage award in Canada for injuries suffered in a car accident. Katherine-Paige (KP) MacNeil, 15 years old […]
September 30, 2009
2 min read
An insurer’s reserves “should almost never be ordered produced” in statutory accident benefits claims made under Ontario’s SABS legislation, an arbitrator for the Financial Services Commission of Ontario (FSCO) has found. Reserves are estimated amounts assigned by an insurer to account for the total possible future payout of a person’s claims arising from an accident. […]
1 min read
Deficient infrastructure is a significant problem in many areas, which could lead to restrictions on coverage or the creation of a different pricing structure, according to panelists at the Canadian Insurance Claims Managers’ Association (CICMA) general meeting. George Cooke, president and CEO of The Dominion, noted at the Sept. 9 meeting the lack of proper […]
3 min read
The insurance industry yielded 17 per cent of the Personal Information and Electronic Documents Act (PIPEDA)-related complaints lodged in 2008. Last year there were 442 new complaints in total, marking an increase from 2007’s 350 complaints. Financial institutions as a whole took the lion’s share of complaints (between 22 per cent and 30 per cent) […]
An insurance claimant and his or her legal representative need to meet a minimal threshold of due diligence before they approach the Ontario Motor Vehicle Accident Claims Fund as a “first insurer,” a FSCO arbitrator has found. The Motor Vehicle Accident Claims Fund acts as an insurer of last resort, paying a claim when no […]
As the 26th president of the Canadian Independent Adjusters’ Association, I am both honoured and humbled at the opportunity to serve our membership across Canada. Honoured to be chosen by my peers for such a prestigious position, and humbled by the wealth of work that has gone before me. The association’s 25th Annual General meeting […]
Once again insurers in Alberta are left to wonder about the direction they will need to take with respect to handling minor injury claims, as the cap in Alberta is in question once more while the plaintiffs seek leave to appeal from the Supreme Court of Canada.
14 min read
AZ Claims is focused on doing the best job possible when adjusting truck-related claims
5 min read
A 42-year-veteran of the adjusting world decodes surety bonds.
4 min read
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