Mr. Forster wrote: «Recently it was announced, at the 5th Annual General Meeting of the Real Estate Council of Ontario, that more than 70
per cent of the claims paid out from the province wide errors and omissions insurance fund involved dual agency.»
Recently it was announced, at the 5th Annual General Meeting of the Real Estate Council of Ontario, that more than 70
per cent of the claims paid out from the province ‑ wide errors and omissions insurance fund involved dual agency.
Regardless of insurance claim records (breach of fiduciary duty represents about five
per cent of claims in B.C.), the stats are categorized by the dominant insured risk and I'm convinced lurking inside the major claim categories of negligence and negligent misrepresentation (nearly 80 per cent of all claims in B.C.), we could find some agency issues.
Our data shows that, despite the fact that Edmonton is less at risk of flooding than Calgary, nearly 50
per cent of all claims in Canada originate from water damages.
These schemes are gaining popularity — about 80
per cent of claims are from such policies, say industry players.
Experts say these add - ons help get 95
per cent of your claims.
In November, it sharply increased the provisioning (the cash general insurance companies need to set aside to meet the high level of claims) to 210
per cent of the claims from 145 per cent, based on the loss estimates by an actuarial committee.
For private insurers, the settlement ratio had gone down to 88.65 per cent in 2012 - 13, as compared to 89.34 per cent during the previous year, Irda said.It further revealed that private sector insurance firms have been rejecting about 8
per cent of the claims as against 1.12 per cent by the LIC.
Furthermore, 15
per cent of claims for cancer related therapies were reported in this age group.
Over the last eleven years in the LAWPRO claims portfolio, conflicts of interest claims ranked fifth by both count (1,322 claims) and cost ($ 6.0 million), accounting for 6.4
per cent of claims reported and 9.7 per cent of costs, respectively.
The Ombudsman investigation found that more than 90
per cent of these claims are denied.
The biggest claims risk occurs not with substantive law (12 per cent), but rather within lawyer / client communication and relationship issues at 35
per cent of all claims, followed by time and deadline management (17 per cent), inadequate investigation / discovery of fact (16 per cent), clerical (six per cent), and confidentiality (five per cent).
Between 1999 and 2009, the proportion of claims costs attributable to inadequate investigation increased to 15 per cent of all LAWPRO claims costs in 2009 from about 10
per cent of claims costs in 1999.
For the years 1999 - 2009, real estate - related claims averaged 29 per cent of LAWPRO's claims count (612 claims per year), and 30
per cent of our claims costs ($ 19.7 million per year).
These types of errors make up almost 70
per cent of the claims LawPRO sees.
Lawyer / client communication issues are the second most common cause of claims in the litigation area — 21
per cent of claims over the last 10 years.
And breaking down the 87 per cent, 48
per cent of these claims were closed without any costs whatsoever, and 37 per cent were closed with defence costs only (i.e., cost of hiring outside defence counsel).
Clusters of claims now represent 10
per cent of our claims costs.
For example, in 44
per cent of the claims made to the RPD from citizens of Hungary, a DCO country, the RPD found the claimants were genuine refugees or persons in need of protection.
However, many claims must be actively defended: over that same period, over 42
per cent of claims required the expenditure of external defence costs.
The most common malpractice claims don't involve a failure to know or apply the law — errors of law lead to only about 13
per cent of the claims LawPRO sees.
Communication errors and inadequate investigation are the biggest causes of real estate claims at LAWPRO, respectively 41 per cent and 26
per cent of claims reported between 2001 and 2011.
Research indicates that it takes an average of two to three years after legal services are rendered for a claim to surface and up to ten
per cent of claims are not reported until five years after the services are provided.
Communication errors and inadequate investigation are the biggest causes of real estate claims at LAWPRO, respectively 41 per cent and 26
per cent of claims reported in the past 10 years.
Overall, 38
per cent of the claims were judged valid, but the success rate varied from as high as 17 out of 21 claims in North Carolina to 3 out of 26 in Alabama (Tennessee Law Review, vol 76, p 625).
His «modest» expenses put him in the bottom 20
per cent of claiming MPs.
Within the Miriuwung Gajerrong claim area, vested reserves cover just over 30
per cent of the claim area.
Unlike the Martu, the nature reserve comprises 65
per cent of the claim area of the Gibson Desert native title claimants and is likely to be extinguished following the decision in Miriuwung Gajerrong.
A consent determination of native title that identifies the rights and interests that comprise native title and determines that native title exists over less than two
per cent of the claim area and has been extinguished in other areas.
«For example, if the total claims are likely to be $ 2 million, then we would likely pay slightly less than 50
per cent of each claim,» says Durrell.
Not exact matches
«About 30
per cent of all workers» compensation
claims are to do with manual handling, for example back injuries,» Ms McGowan said.
A PwC director has
claimed the productivity
of iron ore mining equipment in Australia has fallen 40
per cent in the last four years, and has sat behind the global average since 2012.
About 36
per cent of users
claimed they have received software worms, viruses or other malware through the sites, a 70
per cent leap.
Therefore, the
claim of a 92
per cent interception rate for only the areas defended by Iron Dome seems plausible.
The OSC warning comes after a Texas regulator issued a cease and desist order against BitConnect in January,
claiming BitConnect said it would deliver annualized returns
of 100
per cent or more by issuing BitConnect Coins.
Family Caregiver Tax Credit Caregivers
of infirm dependants (including spouses, common - law partners and minor children) will be able to
claim a 15
per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver Credit.
The ColorQube copiers start at $ 21,300 — pricey but in the same range as a conventional office printer — and Xerox
claims they can slash the cost
of color documents from 8
cents to about 3
cents per page.
Solera Holdings, which specializes in automobile collision
claims software, after the company reported adjusted fourth - quarter earnings
of 81
cents per share, topping estimates by a penny.
The report
claims Facebook was responsible for roughly 16
per cent of smartphone sales worldwide, on the assumption that people bought those phones in order to get access to Facebook — and all those cute kitten videos on its pages, no doubt.
Still, Rosen
claims the company controls over 40
per cent of the «better - end» menswear market.
Most economists would cringe at the
claim that any tax policy issue had ever been «debunked» or that a top rate
of 50
per cent necessarily represents confiscation
The Institute's rationale for increasing the overall contribution rate from 20
per cent of pay to 24
per cent is their
claim that the use
of «fair - value» calculations reveals that the pension liabilities are much higher than reported, due to the use
of a too high discount rate.
Jack Mintz has
claimed that 60
per cent of the benefit
of CCPCs goes to those with incomes
of $ 150,000 or more.
Could it be that the physical presence
of these protesters
claiming to represent the «99
per cent»
of us who have not benefitted from the corporate bail - out packages makes that one
per cent squirm?
The company
claims to have captured over 60
per cent of the organised retail sector (over the past 4 years) to become the largest retail CRM provider in India.
Since the early 1980s, the proportion
of household financial assets held as deposits has fallen from about 50
per cent to below 30
per cent; this has been mirrored by a comparable rise in the proportion
of household assets held as
claims on life insurance and superannuation funds (Graph 11).
The $ 3 million to $ 5 million slice
of the market is being hardest hit as buyers without deposits
of between 25 to 35
per cent are being squeezed out
of the market by the tougher lending conditions, agents
claim.
The
Claim: «70
per cent of our students actually graduate without a student debt.»
What is even more puzzling is that while the President
of the Treasury Board
claims control over spending by pointing to the decline in the Estimates
of $ 10.4 billion, or 4
per cent, the June 2011 Budget shows an increase
of $ 9.7 billion, or 3.6
per cent, in expenses between 2010 - 11 and 2011 - 12.
The March 2011 Budget
claims that about $ 80 billion
of direct program expenses will be reviewed with the objective
of finding annual savings
of $ 4 billion by 2014 - 15, which the Harper government
claims is about 5
per cent of the review base.