Claims
A negligence lawsuit against a plaintiff’s lawyer by an Ontario claimant who was injured in a 1982 motor vehicle accident has been thrown out of court. The claimant settled his accident benefits and tort claims in 1999, when he was 17. At that time, he got about $400,000 in funding towards structured settlements. He needs […]
By Greg Meckbach | December 20, 2021
2 min read
Industry
StoneRidge Insurance Brokers has acquired John Stark & Company, a brokerage with offices in Barrie and Coldwater, Ont. Headquartered in the community of Ancaster, west of Hamilton, StoneRidge has more than 30 Ontario offices including Toronto, St. Catharines, London, Newmarket, Atikokan, Fort Frances, and Huntsville, among others. StoneRidge has a brokerage, managing general agent, and an […]
By Greg Meckbach | December 16, 2021
1 min read
A strata corporation can’t recover $25,000 towards water damage repairs originating from a unit owner’s broken toilet water supply line, the British Columba civil resolution tribunal has ruled. On June 23, 2019, water leaked out of a strata lot. The unit was rented to a tenant. The water leaked into common property hallway and other […]
By Greg Meckbach | December 14, 2021
The Supreme Court of Canada will consider the question of what risk a municipality has when someone is killed or injured on a construction site when a contractor is involved. Specifically, the top court announced Dec. 9 it will hear an appeal – from the City of Greater Sudbury – of a Court of appeal […]
By Greg Meckbach | December 13, 2021
The Ontario government should re-visit a rule that leaves polluters off the hook for hazardous spills that cost less than $10,000 to clean up, the province’s auditor general suggests. In 2016, the Ontario environment ministry [now called the Ministry of the Environment, Conservation and Parks] made a new policy stipulating it would not to attempt […]
By Greg Meckbach | December 9, 2021
Two years after flagging the issue, Ontario’s auditor general says the transportation ministry has made “little to no progress” in mandating formal training for drivers of all large commercial vehicles. In Ontario, Class A licensed commercial operators need a formal course, with 103.5 hours of instruction. But this only applies to tractor-trailer combinations where the […]
By Greg Meckbach | December 8, 2021
3 min read
Urbanization, the increasing popularity of solar panels and a greater awareness of what is covered insurance are among the factors driving an escalation of insured property losses, a speaker suggested at last week’s CatIQ Connect conference. “Urbanization means that we have increasing concentration of values in a small space,” said Andreas Weigel, weather peril lead […]
By Greg Meckbach | December 7, 2021
It’s too early to tell how much the recent “atmospheric river” in British Columbia will cost the industry, but independent adjusters are observing widespread damage. Environment Canada lifted weather alerts for British Columbia on Thursday as storm conditions eased, floodwaters started to recede and some transportation corridors reopened, the Canadian Press reports. It is too […]
By Greg Meckbach | December 6, 2021
Canada’s largest mutual insurer is promoting its new Beneva direct-to-consumer brand by being a major sponsor of Quebec City’s major junior hockey team and official presenter of the Videotron Centre’s calendar of events. Beneva announced Thursday a partnership with Quebecor Sports and Entertainment Group. Quebec City-based Beneva was formed in 2020 through the merger of […]
By Greg Meckbach | December 3, 2021
If you are still placing subscription policies using best-terms pricing, you should stop, the Canadian Council of Insurance regulators suggests. “Fair and transparent pricing is essential to a successful marketplace and CCIR Members expect insurers and brokers to cease BTP practices,” CCIR said December 2 in a release. British Columbia’s financial services authority described best […]
MONTREAL – Canadian National Railway Co. says it aims to reopen its network in southern British Columbia this weekend after another bout of rain and wind prompted a second shutdown. CN said Friday that engineers and construction crews continue to work on the Vancouver-Kamloops corridor, which was first cut by landslides and washouts amid torrential […]
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