Definity beats late benefits claim blamed on ‘Uber insurance confusion’ - Insurance Business
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His physician's notes and his excuse for the delay didn’t add up to the same story
What happened: A driver says memory loss and confusion over overlapping insurance coverage made him file his accident benefits paperwork a year late; the tribunal disagreed
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Intact and Definity put Q3 catastrophe losses at $850 million combined - Insurance Business
Summer flooding and wildfires pushed Intact's third-quarter cat losses to about $660 million, and its CEO says the events reinforce firm market conditions Two of Canada's largest property and casualty insurers have flagged heavy third-quarter catastrophe losses after a summer of flooding, storms and wildfires. Intact Financial and Definity Financial together expect about $850 million in cat losses, net of reinsurance.
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