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Associations


broken  gray car after the accident in  the foreground, brokenness metal parts, in the background a man telephoned the service Desk
News AssociationsInsuranceLegalLegislation / Regulation

Alcohol, drugs different, drug-impaired driving a growing concern: panel

September 22, 2016 by Angela Stelmakowich

Alcohol and drugs are different and approaches to addressing related impairment issues will likely need to be different as well, Doug Beirness, senior research associate with the Canadian Centre on Substance Abuse (CCSA), suggested Wednesday during a State Farm-sponsored event

Silhouette of drilling rig on the north sea
News AssociationsCommercial LinesInsuranceMarkets / Coverages

Gloomy outlook for offshore energy insurance sector: IUMI

September 21, 2016 by Canadian Underwriter

The offshore energy sector is facing a series of significant challenges in the wake of a falling premium base and increased volatility, cautions the chairman of the International Union of Marine Insurance’s (IUMI) offshore energy committee. “We have not witnessed

Close up business man signing contract
News AssociationsInsuranceLegalLegislation / Regulation

Opposition calls for 33% cap on Ontario lawyers’ contingency fees

September 15, 2016 by Canadian Underwriter

A proposal to require Ontario lawyers and paralegals to disclose how they calculate fees is supported by The Co-operators Group Ltd. Bill 12 – An Act to amend the Law Society Act, the Insurance Act and the Solicitors Act with

Global Accessibility of Technology
News AssociationsInsuranceLegislation / RegulationProfessional DevelopmentTechnology

Majority of businesses and economies not ready for digital platforms: Accenture

September 14, 2016 by Canadian Underwriter

The majority of businesses and economies are not ready for digital platforms, according to a new report released on Tuesday by global professional services company Accenture. Accenture’s report Five Ways to Win with Digital Platforms, published in collaboration with the

Mark Day, executive director of risk management and insurance for the Government of Alberta's Treasury Board and Finance, latest recipient of the Donald M. Stuart Award
News Associations

ORIMS honours Mark Day with the 2016 Donald M. Stuart Award at RIMS Canada Conference

September 13, 2016 by Angela Stelmakowich

CALGARY — Mark Day, executive director of risk management and insurance for the Government of Alberta’s Treasury Board and Finance, has had his many years of service and dedication recognized, becoming the latest recipient of the Donald M. Stuart Award.

QUE UBER 20160504
News AssociationsCommercial LinesInsuranceLegalPersonal LinesTechnology

Quebec taxi lobby furious with Uber deal; considering legal action, protests

September 9, 2016 The Canadian Press

MONTREAL – Quebec’s taxi lobby called the government’s nascent deal with Uber a betrayal and a humiliation, while Premier Philippe Couillard countered Thursday the one-year pilot project doesn’t pose a threat to the traditional cabbie industry. Taxi drivers blocked traffic

Significant historic earthquakes in Canada (Insurance Bureau of Canada)
News AssociationsCatastrophesConstructionInsuranceLegislation / Regulation

PACICC warns of ‘risk of financial contagion’ if earthquake losses exceed $30 billion

September 6, 2016 by Canadian Underwriter

Property and Casualty Insurance Compensation Corp. is urging federal finance minister Bill Morneau to “carefully look” at recommendations made last month in a C.D. Howe Institute report, including a suggestion that Ottawa make arrangements to provide financial assistance to PACICC

Large Hailstones
News AssociationsCatastrophesInsurancePersonal Lines

Insured losses from Colorado Springs “hail bomb” storm estimated at US$352.8 million

August 23, 2016 by Canadian Underwriter

A late July hailstorm that pelted the Colorado Springs area with golf- and tennis ball-sized hail cost an estimated US$352.8 million in insured losses, according to the non-profit Rocky Mountain Insurance Information Association (RMIIA), an organization affiliated with the Insurance

Mayor John Tory discusses the future of Uber in the Toronto City Hall Chambers in anticipation for a vote to determining the ridesharing app's future in Toronto on Tuesday, May 3, 2016. THE CANADIAN PRESS/Aaron Vincent Elkaim
News AssociationsCommercial LinesInsuranceLegislation / RegulationPersonal LinesTechnology

City of Toronto issues Private Transportation Company licence to Uber

August 17, 2016 by Canadian Underwriter

The City of Toronto announced on Tuesday that it has issued a Private Transportation Company (PTC) licence to Uber, calling it the first of its kind in Canada. Since Toronto City Council gave Uber the green light to operate legally

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News AssociationsInsuranceLegalLegislation / RegulationMarkets / CoveragesTechnology

Canada’s police chiefs want new law that would compel people to reveal passwords

August 16, 2016 Jim Bronskill - THE CANADIAN PRESS

OTTAWA – Canada’s police chiefs want a new law that would force people to hand over their electronic passwords with a judge’s consent. The Canadian Association of Chiefs of Police has passed a resolution calling for the legal measure to

News AssociationsInsuranceProfessional Development

Applications for Toronto Insurance Conference scholarships program due soon

August 9, 2016 by Canadian Underwriter

The Toronto Insurance Conference (TIC) is reminding broker members, partners and staff that the deadline to submit applications for the annual TIC Scholarships Program is just around the corner. Up to $15,000 in scholarships will be available as part of

News AssociationsCatastrophesCommercial LinesInsuranceMarkets / Coverages

RMS estimates potential 1-in-500 year catastrophe loss at 10 sea ports

August 8, 2016 by Canadian Underwriter

Six of the ten ports with the highest potential insured loss from natural catastrophes are on the United States gulf coast, Risk Management Solutions (RMS) Inc. said in a release Monday. Newark, Calif.-based RMS ranked the top 10 ports in