What happens when a Certificate of Automobile Insurance specifies that the policy includes coverages under certain endorsements, when those endorsements never make it onto the policy? The Certificate and OPCF Endorsements Ontario’s standard automobile policy (OAP1) offers a number of forms and endorsements that FSCO approves. One such form is the Certificate of Insurance, which […]
Who am I? The Case of the Named Insured and the Owner
What happens when an auto insurer sends a policy termination notice to the named insured, but the named insured does not own the vehicle insured under the policy? In Ontario (Minister of Finance) v. Traders General Insurance Co. (c.o.b. Aviva Traders), an individual was seriously injured as a passenger in a Hyundai motor vehicle owed by […]
Long term outlook for automobile insurance in Canada
In a recent online article, Canadian Underwriter magazine asked the question, Is the sun setting on auto insurance in Canada? In my view, it may be late afternoon for the automobile insurance market, but I think it will be a while yet before the sun fully sets on this line of business. Although automobile insurance […]