Insurance & Risk, Analysis, Events and Careers
Claims
The Court of Appeal in Alberta has denied an application by State Farm Insurance Company for a stay of the judgement that eliminated the $4,000 cap on non-pecuniary damages for minor injuries caused by a motor vehicle accident. In Morrowv. InsuranceBureauof Canada, State Farm is the insurer of the appellants involved in a motor vehicle […]
July 31, 2008
2 min read
The Financial Services Commission of Ontario (FSCO) intends to get the Health Claims for Auto Insurance (HCAI) electronic dataexchange system back on the rails in 2008. FSCO posted its 2008 priorities on its web site recently, and the resumption of the currently suspended HCAI system is among them. HCAI allows for the electronic exchange of […]
1 min read
Were it not for the United States, Canada would rank dead last among G8 countries when it comes to moving towards a low-carbon economy, according to a scorecard developed on behalf of Allianz SE and WWF International. Allianz and WWF recently released online the results of their ‘G8 Climate Scorecards.’ Canada ranked seventh out of […]
The Financial Services Commission of Ontario (FSCO) has ruled that an insurance company is not responsible for re-training a claimant on the basis that the learning program was more insight-oriented than vocational and rehabilitative. FSCO additionally dismissed claims for income replacement benefits, housekeeping benefits and rehabilitation benefits on the basis that the claimant was experiencing […]
When disaster strikes everybody rallies together to ensure those impacted have the basic necessities. The CIAA has the experience and the manpower to assist the government in expediting Disaster Financial Assistance.
17 min read
Enticing the younger generation into adjusting is key for the CIAA's newest president.
5 min read
Liberty International Underwriters Canada and ACE INA Insurance have been ordered to share the ongoing defence costs incurred by St. Marys Cement Company Inc. on a 50-50 basis, according to an endorsement by the Ontario Superior Court of Justice. St. Marys sought a declaration that ACE had a legal obligation to contribute to St. Marys’ […]
The NWT Court of Appeal provides a clear and restrictive test for determining liability when damages are intentionally caused by a third party.
8 min read
If the loss ratio is one of the leading measures of success in the p&c industry, why isn't your underwriting department talking to claims?
7 min read
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