Claims
Alberta’s broker regulator has issued a civil penalty of $26,000 against a former broker found to have issued false insurance certificates to clients as “placeholders” until coverage was bound — which it never was. The penalty was based on 52 examples of what council deemed to be fraud committed by the ex-broker, Hakan Bahadir. Council […]
By David Gambrill | May 5, 2021
4 min read
Ontario tow truck operators will be prohibited from stopping within 200 metres of motor vehicle accidents unless they are specifically asked to do so by people involved in the collision. This is what will happen if Bill 282, the Moving Ontarians More Safely Act, is passed into law. The intent of the law is that […]
By Greg Meckbach | April 29, 2021
Your client owns a strata apartment in a high-rise. Water starts coming in from the ceiling from the unit above. The night security guard visits the higher of the two units but neither the occupant nor the security guard can find the source of the leak. Should the owner be liable if a plumber does […]
3 min read
The recently-released federal budget gives brokers reason to be optimistic that Canada will eventually have a national flood insurance program for homeowners, the head of the Insurance Brokers Association of Canada suggests. “The commitment from the federal government is clear to develop a national flood insurance program,” IBAC CEO Peter Braid said in a recent […]
By Greg Meckbach | April 28, 2021
TORONTO – Ontario’s nursing homes were woefully unprepared for the onslaught of COVID-19 – the culmination of years of neglect and failure to address known problems, the province’s auditor general said on Wednesday. In a special report, Bonnie Lysyk took aim at overcrowding, poor ministry oversight, and a severe staffing shortage that existed even before […]
By Jason Contant | April 28, 2021
An elderly homeowner’s health takes a turn for the worse, necessitating a move into a care home. The client still owns her original home, which suffers water damage. The insurer denies the claim on the grounds that the property is vacant. This is what happened to the late Agnes Josephine Gregson. In Gregson v. CAA […]
By Greg Meckbach | April 27, 2021
5 min read
Collecting high-resolution images, making it easy to report a loss, and integrating the service providers into the claims process are claims innovations carriers need to bring in if they are not already, InsurTech North speakers suggested last week. “Make it very easy to report a claim. That’s sort of table stakes,” said Kevin Reilley, CEO […]
By Greg Meckbach | April 26, 2021
An Ontario judge has taken the rare approach in a sentencing decision to urge the provincial government to take steps to prevent future instances of insurance fraud. Ontario Court Justice David S. Rose made the obitur remarks in his written reasons in R. v. Kasotty, released Wednesday. In his decision, Rose imposed a two-year conditional […]
By David Gambrill | April 22, 2021
The industry is pushing to make federal grants available for Canadian homeowners to reduce basement flood risk. In the fall of 2020, the federal government announced its Greener Homes initiative. When the program rolls out, the plan is to provide up to 700,000 grants of up to $5,000 to help homeowners make energy efficiency retrofits […]
By Greg Meckbach | April 21, 2021
2 min read
Some brokerages might be at greater risk of being audited by Canada Revenue Agency or having to file more tax paperwork if measures proposed in Monday’s federal budget come to fruition. The federal government is proposing new requirements for corporations to notify Canada Revenue Agency if those corporations have what accountants call “uncertain tax positions.” […]
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