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  • Ninth Circuit finds No Coverage under Crime Policy for Client Funds lost in Social Engineering Fraud

    Blaney McMurtry LLP, Ontario, August 17, 2017 – On the March 9, 2017 decision of Taylor & Lieberman v. Federal Insurance Company,[1] the Ninth Circuit Court of Appeals affirmed a decision of the U.S. District Court for the Central District of California holding that a business management firm did not have coverage in respect of client funds which it was fraudulently induced to wire...
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  • Compelling Attendance at an Examination Under Oath Requires Notice but not Reason

    Kelly Santini LLP, Ontario, August 17, 2017 – Aviva Insurance Company of Canada v McKeown, 2017 ONCA 563 – This case resulted from an appeal from Aviva Insurance Company of Canada (“Aviva”) regarding notice an insurer must provide to examine under oath (“examination) an applicant claiming benefits under the Statutory Accident Benefits Schedule – O. Reg 34/10 (the “Schedule”). At issue was whether the...
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  • The concept of replacement cost in 2017

    Stein Monast, Quebec, 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...
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  • The apparent case law controversy over the question of the right to an insurance indemnity for theft where fraud is involved.

    Stein Monast, Quebec, 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...
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