"Addressing the Modern Multi-Peril Policy", presentation to the Insurance Brokers Association of British Columbia
June 17, 2005A presentation by Peter Willcock to the Insurance Brokers Association of British Columbia
Insurance has become an essential part of our society. “Whether public or private, compulsory or voluntary, insurance touches everyone on a daily basis:” D. Boivin, Insurance Law (2004)… .But what is the objective of insurance law? Insurance law provides control and ensures “a proper balance between insurers’ need to maintain sufficient financial viability and their customers’ reasonable expectations”: C. Brown, Insurance Law in Canada… Bastarache, J.
The above quotation is from the dissenting judgment of Mr. Justice Bastarache in Marche v. Halifax Insurance Company (2005), S.C.C. 6. That case is the most recent example of the difficulty that the Supreme Court of Canada has had in attempting to address insurance claims in the context of the complex provisions of the provincial Insurance Acts.(To read this article in full please click on the link below.)
