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SVR Lawyers, Alberta, March 27, 2023 – In Abbas v. Esurance Insurance Company of Canada, the Alberta Court of Appeal recently confirmed that the “fraudulent claims rule” is still alive and well in Alberta. The Court resolutely stated that “an insured who files a fraudulent proof of loss under that circumstance is not entitled to a single dime from the insurer.” After...
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Northpoint Legal, February 24, 2023 – As multi-party litigation continues to expand with ever more parties and issues, the increasing cost of trials is driving the resolution of most actions. Canadian courts have developed a number of mechanisms to help parties come to a partial settlement which relieves some of the parties of the risks and costs of proceeding to trial....
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Articles
Amendments To The Alberta Business Corporations Act – Extension of Time to Revive a Corporation
SVR Lawyers, Alberta, February 24, 2023 – Recent changes to the rules about reviving a corporation will be of particular interest to insurers. While a corporation that has been struck from the corporate record likely will not have much in the way of financial contribution, it could uncover additional insurance coverage that could contribute to a settlement or resolution. Read More -
Blaney McMurtry LLP, Ontario, January 27, 2023 – Click here to download a copy of the article. Over the course of almost three years, the COVID-19 pandemic wreaked unparalleled, economic havoc across the world. Those in the insurance industry questioned, quite early on, how insurance products would respond. Currently in Canada, one of the hottest insurance topics is the insurability of the economic...