AIG Canada to stop underwriting new individual personal policies
AIG Canada is pulling out of writing personal lines business in Canada.
AIG communications director Lynn Woodburn confirmed to Canadian Underwriter Wednesday evening that it would no longer underwrite new policies in personal lines. This confirmed speculation among brokers that came to light late last week. The decision does not affect AIG’s commercial business, which it will continue to write in Canada.
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[1] On April 11, 2014, Stephanie Gilbraith (the “plaintiff”) was a pedestrian when she received an eye injury by one of several eggs thrown in her direction. The eggs were thrown by occupant(s) from a moving motor vehicle, which subsequently left the scene. The owner, driver, and occupants of the motor vehicle have to date not been identified. As a result of being struck, the plaintiff’s right eye was injured and she has lost central vision in her right eye.
[2] The plaintiff commenced a claim against Intact Insurance Company (“Intact”) in accordance with the OPCF 44R Family Protection Coverage Endorsement of the standard Ontario policy of automobile insurance (the “Endorsement”) which was issued to her father by Intact.
[3] The plaintiff also made a claim against the Superintendent of Financial Services (the “Superintendent”), seeking the mandatory uninsured automobile coverage for damages occasioned by an unidentified motor vehicle when the plaintiff is not insured. Actions against the Superintendent are governed by the Motor Vehicle Accident Claims Act, R.S.O. 1990, c. M.41 (the “MVACA”).
[4] Intact brings this summary judgment motion seeking dismissal of the plaintiff’s action.
[5] The Superintendent brings this companion summary judgment motion also seeking dismissal of the action.