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July 17, 2017 – Although this seems to be a concept that is basically quite simple and well defined in the insurance industry, the courts of Quebec and Ontario have recently been called upon to rule on the concept of replacement cost. Accordingly, we are providing you with an overview of the decisions in Gestion Ignièce inc. c. Les...

July 17, 2017 – In the case of 6916643 Canada inc. c. Intact, compagnie d’assurances1 , in the context of an application for leave to appeal, the Court of Appeal made a pronouncement on the question of the right to an insurance indemnity for theft when in fact the loss was due to fraud. The petitioner, 6916643 Canada Inc., had...

July 17, 2017 – Lelièvre v. Bonnici, [2017] QCCQ 5601 The Syndic of the Chambre de la sécurité financière (“The Syndic”) decided to appeal a decision made by the Disciplinary Board of the Chambre de la sécurité financière (“The Board”) rejecting the complaints filed against Pascale Leclerc (“Leclerc”) and Noël Bonnici (“Bonnici”). The Facts In 2003, Leclerc met with the plaintiff...

July 17, 2017 – 6916643 Canada Inc. v. Intact, compagnie d’assurances, [2017] QCCA 660 6916643 Canada Inc. (“Canada Inc.”) filed an application for leave to appeal following a decision dismissing its claim for indemnification for losses incurred in the context of fraud. The Facts Canada Inc. accepted a certified cheque for the sale of paintings, only to find out that the...