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ARTICLE · 21 AUGUST 2017

Brokers Breathe A Sigh Of Relief

The Nova Scotia Court of Appeal has just limited the scope of the standard of care applicable to insurance brokers

CanadaInsurance

The Nova Scotia Court of Appeal has just limited the scope of the standard of care applicable to insurance brokers

The Nova Scotia Court of Appeal recently released its decision in Marsh Canada Ltd. v. Grafton Connor Property Inc, partially reversing the lower court's decision, which had been widely seen as expanding the scope of the standard of care applicable to insurance brokers.

The insured's commercial property burned down in 2007. The insurer denied coverage on the basis that the insured had misrepresented material features of the building in its application for insurance. The insured claimed against its insurer and its broker, Marsh Canada Ltd.

A welcome decision for the Canadian brokerage community

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