Topic
Associations
Uber launches campaign to gather public support ahead of Ottawa city vote
March 30, 2016 The Canadian PressOTTAWA – Uber Canada is launching a campaign to gain public support as Ottawa city council prepares for a vote on ride-booking services on April 13. The company has been operating in Ottawa since October 2014 and says it wants…
Cyber risk, interest rates, economy remain major concerns for insurers: A.M. Best
March 28, 2016 by Canadian UnderwriterConcerns regarding cyber risk, interest rates and the economy remain prominent among insurers, according to the latest quarterly survey from A.M. Best Company. The Best’s Special Report, released on Thursday, included several hundred responses, representing property and casualty (70.4%), life…
Early-August storm in Alberta causes insured damage of upwards of $100 million
August 26, 2015 by Canadian UnderwriterInsured damage caused by heavy rain, strong winds and a hailstorm that hit southern Alberta August 4 and 5 has been estimated to have $100 million-plus in insured damage, reports Insurance Bureau of Canada (IBC), citing figures from Property Claim…
PCS estimates $230 million in insured damage from July storms in Alberta, Saskatchewan: IBC
August 13, 2015 by Canadian UnderwriterStorms three weeks ago in Alberta and Saskatchewan caused more than $230 million in insured damage, Insurance Bureau of Canada reported Thursday. IBC quoted the preliminary estimate from Property Claims Services (PCS), a unit of Jersey City, N.J.-based Verisk Analytics…
IBC, RCMP and Atlantic Provinces Trucking Association launch national cargo theft reporting program for Atlantic Canada
August 12, 2015 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC), the RCMP and the Atlantic Provinces Trucking Association (APTA) announced on Wednesday that they are joining forces to bring a national cargo theft reporting program to Atlantic Canada. The Cargo Theft Initiative, which IBC…
June storm in Ontario tops $30 million in insured damage: IBC
July 30, 2015 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) reported earlier this week that the insured damage caused by the heavy rains and strong winds that swept southern Ontario on June 22 is estimated at more than $30 million. The figure is based…
Prairie storm in June tops $45 million in insured damage, CatIQ preliminary estimate shows
July 16, 2015 by Canadian UnderwriterThe hail and windstorms that swept across parts of Alberta, Saskatchewan and Manitoba on June 12 caused more than $45 million in insured damage, according to the preliminary estimate by Catastrophe Indices and Quantification Inc. (CatIQ). The Insurance Bureau of…
AIR Worldwide releases winter storm, tropical cyclone models for Canada
July 14, 2015 by Canadian UnderwriterAIR Worldwide is expanding its suite of models for Canada with new winter storm and tropical cyclone models, as well as updates to its Canada Severe Thunderstorm Model, meant to provide a more complete view of atmospheric peril risk and…
IBAO, IBC commend Ontario government for increasing distracted driving fines
June 5, 2015 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) and the Insurance Bureau of Canada (IBC) announced they are “applauding” the passage Tuesday of the Making Ontario’s Roads Safer Act because it raises fines for distracted driving. “Collisions caused by distracted driving…
Federal privacy bill could make it easier for insurers to share suspicious auto claims information
June 3, 2015 by Canadian UnderwriterA bill before Parliament could, if passed into law, help organizations investigate fraud by sharing personal information without having to obtain consent, a federal Cabinet minister suggested in Ottawa Tuesday, though critics contend that part of Bill S-4 could “lead…
Sylvie Paquette appointed chair of the board of the Insurance Bureau of Canada
June 2, 2015 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) announced on Tuesday that Sylvie Paquette has been elected by its board of directors as chair of the board. Paquette is president and chief operating officer of Desjardins General Insurance Group (DGIG) and has…
Moves and Views
June 1, 2015 by Canadian Underwriter1 Allianz Global Corporate & Specialty SE (AGCS) announced in May that Ulrich Kadow [1] has been appointed chief agent for AGCS Canada. Kadow was previously AGCS’s global head of package and multi-line, “where he established the mid-market property, liability…