Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
Each year, EY publishes our Canadian property and casualty insurance outlook, where we take the pulse of the industry and note what challenges – and opportunities – are in store for the year ahead. It’s fair to say the industry…
Read more →
If we as an industry are to have any shot at all of reducing the impact of sewer backup and basement flooding, we have to start cutting through the myths, misinformation, exaggeration, conventional wisdom and everything else that is getting…
Read more →
In Kassburg v. Sun Life Assurance Company of Canada, Ontario Superior Court Justice Ellies dismissed the LTD insurer’s motion for an order that the plaintiff’s action is limitation-barred. The defendant insurer asserted that there was a one-year limitation under the contract…
Read more →
Anton Tchajkov, a corporate lawyer at Norton Rose Fulbright Canada, has published an article on the subject of mergers and acquisitions within the insurance industry. The opportunity for growth is cited as the main driver for many of these transactions.…
Read more →
The Canadian property and casualty insurance industry does not operate in a vacuum. It is part of the Canadian economy. It is hard to imagine the p&c industry enjoying robust growth unless it goes hand-in-hand with a significant expansion of our…
Read more →
In Westaqua Commodity Group Ltd. v. Sovereign General Insurance Co., 2014 CarswellBC 396, the British Columbia Supreme Court found that the plaintiff insured was not entitled to coverage under its CGL policy for the cost of a third party disposing of a…
Read more →
The impact of water damage on property insurance results has drawn the attention of the Canadian Institute of Actuaries. As noted by the Insurance Bureau of Canada, one out of every two dollars paid for homeowners insurance goes to cover…
Read more →