In 2015, American and Canadian courts released a number of
decisions of interest to fidelity claims professionals. We
are pleased to present Blaneys Fidelity Year in Review,
which provides summaries of the decisions that appeared on Blaneys
Fidelity Blog in 2015. Blaneys Fidelity Year in
Review is available here.
Blaneys Podcast: Fidelity Subrogation and Fraud Recovery
For those fidelity claims professionals dealing with fraud
recovery and subrogation in Canada, the Blaneys Podcast series now
features our podcast on fraud recovery and fidelity
subrogation. The podcast sets out the different strategies
available for identifying and pursuing fraud recovery targets and
for maximizing recoveries from defaulters, beneficiaries,
co-conspirators, auditors and financial institutions. The
podcast is available here; SoundCloud users may access the podcast
Fidelity at the OBA: A Primer on Insurance Coverage (Toronto,
May 12, 2016)
The Ontario Bar Association is presenting a program on insurance
coverage issues on May 12 in Toronto. Blaneys' Chris McKibbin will be presenting on Computer
Fraud and Funds Transfer Fraud Coverages in Fidelity and Commercial
Crime Policies. The program also includes presentations on
recent developments regarding the duty of good faith and the duty
to defend; the "lack of fortuity" defence; and a
perspective from the Bench, presented by the Honourable Mr. Justice
Jamie K. Trimble. Co-chairs Laura Hodgins of Liberty and
Andrew Mercer of Mercer Law have assembled a fantastic group of
speakers, and the program is eligible for four substantive hours of
CPD credit. The program agenda is available here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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Under B.C.'s former and current Limitation Act, the limitation period for a Plaintiff's claim can be extended on the basis of a Defendant having acknowledged in writing some liability for the cause of action.
Automobile drivers, like fine wine, tend to get better with age. Older drivers can draw on a wealth of experience from their years on the road to assist them when faced by a variety of dangerous conditions.
The insurance industry will be interested in Ledcor Construction Ltd v. Northbridge Indemnity Insurance Co because of principles the Supreme Court of Canada applied to the "faulty workmanship" exclusion in a Builders' Risk policy.
For the first time in BC, a Court has decided that an insured is entitled to special costs, rather than the lower tariff costs, solely because they were successful in a coverage action against their insurer.
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