Claims
CALGARY – The costs of Alberta’s growing stock of abandoned and inactive oil and gas wells are falling unfairly on landowners and taxpayers, says a report from the University of Calgary. “Landowners have been left behind,” said Braeden Larson of the university’s School of Public Policy. “Landowners got the short end of these burdens that […]
By Jason Contant | May 20, 2021
3 min read
Ontario’s Licence Appeal Tribunal (LAT) has ruled that Intact Insurance is not obligated to fund a claimant’s $10,200 multidisciplinary report, the purpose of which was to dispute Intact’s decision to cease income replacement benefits after a 104-week period of entitlement. The claimant, Mark Green, was involved in an auto collision on Mar. 29, 2016. Intact […]
By David Gambrill | May 17, 2021
Alberta-based NIB Insurance Group Ltd., now an inactive brokerage, has been ordered to pay $6,000 in civil penalties for failing to remit client premiums to an MGA, and for selling a policy to a client while it was no longer licensed to do business. The designated representative of NIB, Kenneth Molland (whose broker licence was […]
By David Gambrill | May 14, 2021
4 min read
The long-tail nature of motor vehicle liability and auto accident benefits claims means a temporary drop in total miles driven due to the pandemic does not necessarily equate to a corresponding drop in premiums for your clients, Intact executives suggest. “The [auto claims] severity inflation, which we have observed for a number of years, is […]
By Greg Meckbach | May 14, 2021
Editor’s Note: In an earlier version of this story, Canadian Underwriter incorrectly reported that Intact was denied leave to appeal an earlier court finding that a building renovation does not necessarily trigger an “under-construction” exclusion. In fact, the Court of Appeal for Ontario is scheduled to hear an appeal on this issue. Also, Canadian Underwriter […]
By Greg Meckbach | May 13, 2021
B.C.’s move towards a form of no-fault auto insurance could wind up reducing liability exposure for commercial insureds in the hospitality and other high-risk sectors, according to a recent blog by Borden Ladner Gervais LLP. The province’s no-fault amendments came into force on May 1, 2021. Among other things, the new regime: Another key aspect […]
By David Gambrill | May 10, 2021
The Quebec government on Sunday announced plans to rebuild a historic courthouse in the Saguenay-Lac-St-Jean region that was heavily damaged by fire and smoke the previous night. Andree Laforest, the legislature member for the region, confirmed the province would help rebuild the Roberval court building. Quebec provincial police said the fire broke out at about […]
By Jason Contant | May 10, 2021
2 min read
ST. ALBERT, Alta. – Fire has destroyed part of a retirement complex northwest of Edmonton. Officials say three residents suffered smoke inhalation but no one has died. Flames broke out at Citadel Mews West Continuing Care Facility in St. Albert just before 8 p.m. Thursday. A statement from the City of St. Albert says high […]
By Jason Contant | May 7, 2021
1 min read
Claims professionals who rely on videos and photos obtained through social media investigations need to make sure that evidence can be backed up as authentic, Virtual Symposium B.C. speakers suggest. There are several reasons why a social media investigation is useful during a claim, said Gavin Phillips, regional manager of investigations for xPera. Benefits include […]
By Greg Meckbach | May 6, 2021
Commercial liability clients do not have to settle personal injury lawsuits even if the defendants are perceived as having deep pockets, a recent Court of Appeal for Ontario ruling suggests. “A litigant, or its insurer, even if wealthy, is not obliged to pay a settlement just because it has been sued; it is entitled to […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.