Regarding Heather C’s comment:
Under the proposed Regulations, Owners will only seldom be required to pay the deductible portion of insurance claims, even when their actions, or their property, caused the loss. Because of the wording used in the proposed Regulation, the Corporation will, in the future, have to pay the deductible portion in most cases.
CCI continues to advocate with the Government to have the proposed wording changed.
Victoria A on July 18 2018 at 05:09 PM