Canadian press Aviva was selected from 14 other insurance companies (insurers sued for business loss in another class proceeding) because Aviva “provides more compensation related to pandemic-like situations” I reported that there was.
Regarding the recognition of the class proceedings by the Ontario courts, Philippe Bechard, CEO of Nordik Windows, said:
“COVID-19 has hit a lot of companies a lot. Aviva seems to want to fight us at every stage. What we want is Aviva respecting its insurance policy. Just do it. “
A law firm representing the plaintiffs in the class proceedings explained that about 28,000 Canadian companies had purchased Aviva’s business suspension policy. But they also said Aviva denied the plaintiffs in compensation because the policy “does not provide compensation for a pandemic.”
“As with all major insurers, we always have no compensation for business interruption losses caused by the COVID-19 pandemic under standard policies, but ongoing legal proceedings. “We respect,” Aviva said in an email. statement.
“Aviva has never discouraged policyholders from making claims and will continue to work with affected parties in accordance with court procedures.”
read more: Hotel slaps Aviva Canada in class proceedings
This is not the only ongoing business suspension proceeding that Aviva is facing. The insurance company was nominated as a defendant in a complaint filed on behalf of the Ontario Dental Association and another proceeding by the Royal Society of Canada. In July, hotels such as Lerners LLP also sued insurance companies for $ 150 million, denying coverage of business income.