Sentences with phrase «premiums as disbursements»

Recent case law in Ontario and British Columbia has also held that plaintiffs may not claim ATE insurance premiums as disbursements.

Not exact matches

The changes included limitations on the amounts that can be drawn in the first year, the option to receive a smaller one - time single lump sum disbursement, as well as changes to the mortgage insurance premium, the principal limit factor tables, and requiring a financial assessment of borrowers» ability to pay future property taxes and insurance obligations.

Premiums are quite rightly lower than before, reflecting the reduction, but not elimination of adverse costs, but as own disbursements has always made up circa 40 - 50 % of overall claims costs, average premiums were never going to be lower than half price in thPremiums are quite rightly lower than before, reflecting the reduction, but not elimination of adverse costs, but as own disbursements has always made up circa 40 - 50 % of overall claims costs, average premiums were never going to be lower than half price in thpremiums were never going to be lower than half price in the round.

The funding of the insurance premium, together with the solicitor's disbursements as the proceedings progressed, was provided by a loan from the claimant to the client under an agreement regulated by CCA 1974 and drafted by the second defendant.

In Markovic v. Richards, the court ruled that ATE premiums were not compensable as disbursements because such insurance was entirely discretionary, did nothing to advance the litigation, and had the potential to act as a disincentive to thoughtful, well - reasoned resolution of claims.

[7] While it is clearly the plaintiff's prerogative to obtain ATE insurance, I do not accept that such premium should be reimbursed by the defendants as a compensable disbursement.

In the case at bar, counsel for the Plaintiff sought to recover the cost of premiums for an adverse costs insurance policy purchased by the Plaintiff to insure against the Plaintiffs» own disbursements, as well as the Defendant's costs and disbursements.

In Wynia v. Soviskov, the Court considered the issue of whether or not the premium for adverse costs insurance was compensable as a disbursement.

In ruling that the premiums for an adverse costs policy are not recoverable as a disbursement, the Court commented:

Whether the policy premium or cost of the contract is paid as a disbursement or a fee, it is usually subtracted from the «all - inclusive» settlement.

Contact with general questions and inquiries on an in force policy including policy maintenance, disbursements and changes such as a premium mode, bank draft, beneficiary, ownership: