COVID-19 Insurance Coverage: Are Our Business Losses Covered? If Not, is Your Broker Responsible?

We are certainly in unprecedented times. With schools closed, businesses shuttered, events cancelled, and “social distancing”, the impact of COVID-19 for some Canadian businesses has been devastating. A common question asked by business owners, directors and officers, is whether their company has insurance to cover COVID-19 related losses? The short answer is: Perhaps, but probably […]

Family Protection Coverage Insurance

Motor vehicle liability insurance is mandatory in Ontario and there are certain types of coverage which also are mandatory. All policies must have a minimum of $200,000 in third-party liability coverage, known as limits. Third-party liability limits protect your assets from claims by anyone who may sue you after a motor vehicle accident. You can […]

Unidentified Motorist Accidents

What happens if you are involved in a motor vehicle accident and the at-fault driver fails to remain at the scene and cannot be identified and located?  Fortunately, there is insurance coverage in Ontario for individuals involved in a motor vehicle accident with an unidentified motorist and vehicle. You can make an insurance claim even […]

Adverse Costs Insurance – A Recoverable Disbursement

A successful party to a lawsuit is generally entitled to recover “costs” from the unsuccessful party, including a contribution towards their legal fees and disbursements. As purchasing adverse cost insurance becomes a standard practice for Plaintiffs, the question arises as to whether a successful Plaintiff can recover the premium for the insurance from an unsuccessful […]

One Boating Accident, Two Insurance Policies. Which One Pays?

The recent Court of Appeal decision in the case of TD General Insurance Company v. Intact Insurance Company, 2019 ONCA 5, addresses a situation where the owner and the operator of a motorboat involved in an accident both have policies of insurance that cover the loss. The case arose out of a boating accident in […]

Review Your Car Insurance Policy as Part of Your Spring Cleaning!

As RRSP season wraps up, tax season is upon us and spring cleaning is around the corner, it is time to take a close look at your car insurance policy and make sure it is has appropriate coverage for your current requirements! Car insurance is mandatory in Ontario. While basic auto insurance policies are standardized […]

Common Estate Costs

Before any money or property you leave behind is passed on to your loved ones, your debts must be paid first. Other estate costs, such as funeral costs, legal fees, and other administrative expenses in settling your estate, will also arise. There may be other common estate costs, such as estate administration tax and taxes on investments […]

What is “Adverse Cost” Insurance and Do I Need It?

In Ontario the winning party to a lawsuit can generally expect that the losing party will be ordered to pay a portion of their legal costs. A first pay insurance policy protects plaintiffs from the risk of being ordered to pay some of the defendant’s legal costs following a trial. This is called an adverse […]