What's New
 |
Since June 2008 we have been changing our applications so that you can complete and submit them on an electronic format. All of the applications will be available by September 2008.
|
June 12, 2009 |
Biotech, Life Sciences Liability program
|
Our general liability (GL) program for Canadian biotech, pharmaceutical, medical device, and research and development companies is supported by first-class underwriters at Lloyd's with more than 20 years of experience in this sector.
|
Now available - our new IT program
|
We are pleased to announce a new package program in the professional liability division for information technology.
|
Your best market for umbrella coverage
|
Our Umbrella program offers the most flexible combination of features available in Canada:
|
June 11, 2009 |
Union Executive Liability insurance
|
Our directors and officers program now offers a specially tailored insurance product for Canadian labour unions, including protection for executives, officers, trustees, employees, volunteers and shop stewards.
|
June 10, 2009 |
Directors and Officers Liability program
|
Our program offers broad, industry-leading coverage with available limits up to $10 million, either primary or excess, for public and private corporations or income trusts as well as non-profit organizations, associations, charities and foundations.
|
June 9, 2009 |
Risk eNews e-mail newsletter
|
Over the past year, we have been growing our e-mail distribution list. As more of our clients make the switch to a paperless office, we need to facilitate that change.
|
Accidents happen - our summer photo contest
|
We had so many great submissions for our summer photo contest in 2008 that we decided to run it again this year.
|
June 8, 2009 |
News Board celebrates its 15th anniversary
|
It's hard to believe, but the first edition of the News Board was published in May 1994, so this issue marks the 15th year of our in-house newsletter.
|
Errors and Omissions programs
|
We offer a full range of in-house errors and omissions (E&O) capabilities supported by first-class, licensed markets:
|
June 5, 2009 |
Mario Sousa appointed new President of Elliott Special Risks
|
Elliott Special Risks LP is pleased to announce the appointment of Mario Sousa as President.
|
Delivery error costs fuel company $1 million
|
The Ontario Court of Appeal recently dismissed a third-party claim against D.W. Stanzel Plumbing and Heating Limited for contributory negligence and apportionment of damages for work they performed almost 30 years ago.
|
Child and mother awarded more than $4 million for birth injury
|
The Supreme Court of British Columbia ruled that three doctors and an attending nurse at B.C. Women's Hospital were found to have fallen below the standard of care expected of them during Monica Cojocaru's delivery of her son Eric Cojocaru.
|
June 4, 2009 |
Doctor, health authority to pay $3.2 million
|
In the Supreme Court of British Columbia, an 11-year-old girl sued her mother's obstetrician and gynecologist, through the mother, for damages arising from serious injury during the girl's birth.
|
New Year's Eve house party leaves 19-year-old with permanent disabilities
|
The Supreme Court of British Columbia has awarded $1,110,000 in damages to the victim of an assault during a New Year's Eve house party in Sechelt, British Columbia.
|
June 3, 2009 |
Fallen pipe costs water park $488,050
|
The Supreme Court of British Columbia has ordered Cultus Lake Waterpark Ltd. near Chilliwack, British Columbia, to pay $488,050 in damages to a man who was struck by a pipe that fell off a waterslide.
|
Unprecedented $4.75-million award to motorcyclist who crashed into train
|
The Ontario Court of Appeal has awarded a man $4.75 million in damages for injuries sustained in a crash with a Canadian Pacific Railway (CPR) train that tore off both his arms and his left leg.
|
March 20, 2009 |
B.C. man awarded $569,000 after garbage truck tips over and crushes car
|
| The Supreme Court of British Columbia has awarded a man $569,000 in total damages, including $200,000 for pain and suffering, after a garbage truck flipped over, crushing his car. |
March 19, 2009 |
Electronic funds transfer
|
| The insurance industry continues to be targeted by organized cheque fraud artists. At the request of several clients, we can now accept electronic transfer of funds (EFT). |
Now available - our new IT program
|
We are pleased to announce a new package program in the professional liability division for information technology. The package features a claims-made errors and omissions cover in combination with an occurrence-form general liability cover. We can also include property covers. The program is written on behalf of a major Lloyd's syndicate.
|
March 18, 2009 |
Directors' and Officers' Liability program
|
| Our program offers broad, industry-leading coverage with available limits up to $10 million, either primary or excess, for public and private corporations or income trusts as well as non-profit organizations, associations, charities and foundations. |
2002 plastics fire settles for $800,000
|
| Horti-Pak Inc., which made plastic trays used in greenhouses, must pay $800,000 for a class action arising from a November 2002 fire at its plant in Kingsville, Ontario. |
March 17, 2009 |
Innovative insurance solutions for tough liability risks
|
| We've been helping Canadian brokers with unusual and hard-to-place general liability (GL) risks since 1966. |
March 16, 2009 |
Your best market for umbrella coverage
|
| Our Umbrella program offers the most flexible combination of features available in Canada: |
When is a dollar not a dollar?
|
| The current weakness of the Canadian dollar has once again made our currency unsuitable for Canadian companies operating in and exporting their goods to the U.S. Product sales to the U.S. in particular are associated with an elevated exposure to catastrophic losses, so it is important that brokers recommend adequate insurance limits. |
March 13, 2009 |
Security company must pay $782,000 for fire set intentionally by employee
|
| The world's fifth-largest armoured car and security guard service must pay $782,000 to an insurance company for a fire started by one of its employees at a vacant YMCA in downtown Montreal in April 1999. |
Security and Protection Industry program
|
| Our security industry professional program delivers broad insurance cover and excellent service at competitive premium terms. |
March 12, 2009 |
Pet food recall settles for $24 million
|
| Menu Foods Inc., a Mississauga, Ontario manufacturer of pet foods, has received court approval for a US$24-million (Cdn$30-million) settlement over recalled tainted pet food. |
Maple Leaf settles listeriosis outbreak for up to $27 million
|
| Maple Leaf Foods Inc. has announced that it has reached a $27-million settlement in a series of class action lawsuits related to an outbreak of listeriosis food poisoning that killed at least 20 people last year. The outbreak was traced back to deli-style meats produced at a Maple Leaf Foods plant in Toronto, Ontario. |
March 11, 2009 |
Sport, Leisure and Recreation programs
|
| We are Canada's leading market for the sport and recreation sector. Our clients include commercial businesses, non-profit organizations and member-owned clubs. |
Waivers must be vigorously enforced to be effective
|
| Liability waivers and hold-harmless clauses are an important risk management tool for a wide range of our clients, but especially for those in the fields of sport, leisure and recreation. |
December 13, 2008 |
Elliott environmental program now in its 20th year
Our coverage options ease expanding pollution risks
|
| Our environmental program celebrated its 20th anniversary in 2008. |
Your best market for umbrella coverage
|
| Our Umbrella program offers the most flexible combination of features available in Canada |
December 12, 2008 |
Now available - our new IT program
|
| We are pleased to announce a new package program in the professional liability division for information technology. |
December 11, 2008 |
Tire manufacturer sued for $1-million fuel spill
|
| A Fast Fuel Services Ltd. tractor-trailer was involved in a serious accident on Highway 16 near Port Clements in the Queen Charlotte Islands in November 2000. |
Ontario tables apology act
|
| The Ontario government recently introduced legislation that would allow individuals and institutions to offer an apology without fear of having it used against them in civil court. |
December 10, 2008 |
$1 million for 10 km/h car crash
|
| A B.C. cameraman has been awarded $885,654 in damages after being rear-ended by a vehicle that was travelling no more than 10 kilometres an hour. |
$1.8-million award for psychiatric disorder stemming from ankle fracture
|
| The Superior Court of Ontario has awarded a man $1.8 million in damages for a psychiatric disorder stemming from an improperly diagnosed ankle fracture. |
December 9, 2008 |
Congratulations to our summer photo contest winners
|
| Summer has come and gone and our photo contest has concluded. We received some great submissions and would like to thank all of you who took the time to send them in. |
Flight to quality now much more difficult
|
| When it comes to choosing a property/casualty (P&C) insurer, we have traditionally assumed that bigger was better. With AIG and several other large insurers mired in financial crises, insurance advisers should carefully reconsider this assumption. |
December 8, 2008 |
Hospital to pay $10 million for delayed treatment
|
| A hospital that let a critically injured man wait in the emergency room for more than 90 minutes before treatment will pay him $10 million in damages. The settlement was secured on the day the civil trial was scheduled to start. |
Wording interpretation is key to cover for large PD losses
|
| Property damage (PD) losses can be every bit as large and complex as the bodily injury (BI) stories we usually cover in News Board. |
September 19, 2008 |
Abuse Liability Program
|
The program coverage is supported by the subscribers to our Canadian Liability Insurers program and is available to clients for whom we currently write the GL coverage.
|
Security and Protection Industry program
|
| Our security industry professional program delivers broad insurance cover and excellent service at competitive premium terms. |
Coffee shop can't recover costs from worker accused of $2 theft
|
| Night-shift employees at a west-end Toronto coffee shop were suspected of stealing cash from the tills. |
Beer store must pay $2.1 million to wrongfully accused worker
|
| The Ontario Court of Appeal has upheld a trial court verdict ordering a Niagara Falls, Ontario beer store to pay $2.1 million in damages to a worker who was wrongly accused of theft. |
Private investigators face new tort for wrongful acts
|
| A recent Ontario Court of Appeal verdict has expanded the tort of negligent investigation to permit employees to sue private investigators hired by their employers to probe suspected workplace wrongdoings. |
Atlas Cold Storage settles class action for $40 million
|
| In July 2008, the Ontario Superior Court of Justice approved a $40-million settlement plan between Atlas Cold Storage Income Trust, named directors and officers and certain other defendants, and plaintiff unit holders who filed the class action in 2004. |
September 18, 2008 |
Your best market for umbrella coverage
|
Our Umbrella program offers the most flexible combination of features available in Canada:
|
B.C. family awarded $210,000 damages for grow-op libel
|
| After a nine-day trial, an Abbotsford, B.C. family has been awarded $210,000 in general damages after their reputations were severely harmed by an article printed in the Abbotsford/Mission Times newspaper in October 2004. |
Union Executive Liability insurance
|
| Our directors and officers program now offers a specially tailored insurance product for Canadian labour unions, including protection for executives, officers, trustees, employees, volunteers and shop stewards. |
Livent co-founders liable for $36-million default judgment
|
| While the ongoing criminal fraud proceedings continued against Garth Drabinsky and Myron Gottlieb this summer, the pair must now pay $36.6 million to investors who lost their money when the Livent entertainment empire went bankrupt in 1998. |
Directors and Officers Liability program
|
Our program offers broad, industry-leading coverage with available limits up to $10 million, either primary or excess, for public and private corporations or income trusts as well as non-profit organizations, associations, charities and foundations.
|
Now available - our new IT program
|
| We are pleased to announce a new package program in the Professional Liability division for information technology. |
September 17, 2008 |
Biotech, Life Sciences, Pharmaceutical Liability program
|
| Cover now available for food and nutritional supplements |
Flexible capacity for property and inland marine risks
|
| Our Property and Inland Marine program was established in 1992. We have an in-house limit of $5 million for most risks, using first-class domestic carriers and Lloyd's. |
Media Liability program
|
Libel, slander and copyright breach have become commonplace and can attract substantial damages and defence expenses, so specialty insurance is very important, especially for broadcasters, publishers and others who cannot get adequate protection from their general liability policy.
|
Internet postings cost B.C. man $180,000
|
| The British Columbia Supreme Court awarded an Australian man $180,000 in general and aggravated damages after a B.C. man defamed him on numerous internet websites over a five-year period. |
B.C. strata ordered to pay $12,000 for seeing eye dog
|
| The British Columbia Human Rights Tribunal has ordered a Sidney, B.C. strata council (the condominium board) to pay a blind man $12,000 after rejecting his safety dog. |
Choose your market providers with care
|
| The financial security of insurers is of paramount importance to the professional broker. |
September 15, 2008 |
"Boat boy" not liable for $285,000 cottage fire
|
| The Court of Appeal for Ontario has upheld a trial court decision that found a 13-year-old local boy hired as a "boat boy" not liable for the loss of a $285,000 cottage in a fire he started accidentally. |
Tandem cyclists must share blame for tragic accident
|
| The Ontario Court of Appeal has ruled that a husband and wife were 40-per-cent to blame for a tragic cycling accident in September 1992. |
Mining company must pay $11-million award for gold mine murders
|
| The Court of Appeal of the Northwest Territories has reviewed an $11-million judgment awarded to the families of seven miners murdered by another miner. The men were killed by an explosive device set deliberately by an angry miner, Roger Warren, during a long and bitter strike at the Giant Mine in Yellowknife, N.W.T. in September 1992. |
July 24, 2008 |
Accidents happen-our summer photo contest
|
The photos of an overturned crane at a construction site in Markham, Ontario came to us courtesy of Kevin Roy Tower of Cornell Insurance Brokers of Markham and Cathy Lanktree of our Toronto office. (Click elliottspecialrisks.blogspot.com).
|
July 23, 2008 |
Are You Ready For the Cost of Future Care?
|
Has the bar for tort catastrophic bodily injury claims in Canada taken a significant leap higher or does it just seem that way?
|
