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Man in default of auto accident judgments cannot challenge their validity in follow-up actions to recoup amounts: court

July 16, 2012 by Canadian Underwriter

A man in default of two court judgments ordering him to pay a total of $80,000 in damages to two injury victims in a 1992 auto accident is not entitled to challenge the validity of those judgments in subsequent actions

News Insurance

Insurers “early adopters” of social media: IDC

July 16, 2012 by Canadian Underwriter

The insurance industry is following closely on the heels of leading investors in social media, such as retailers and communications companies, according to a new report from market and technology research firm International Data Corporation (IDC). It identified insurers as

insPRESS Insurance

Cunningham Lindsey Responds to Edmonton Floods With Team On Site

July 16, 2012 Cunningham Lindsey Canada Limited

Cunningham Lindsey Canada Claims Services Ltd (Cunningham Lindsey) has deployed a response team to Edmonton, AB, following severe rain that hit the area July 12 and then again on July 15. “Our Edmonton adjusters are busy taking new assignments and

News InsuranceMergers and Aqcuisitions

Telematics could generate $60 billion in premiums to insurers globally: telematics information provider

July 16, 2012 by Canadian Underwriter

Telematics is expected to generate approximately $60 billion in premiums to insurers globally, notes a statement from Telematics Update, a reference centre and conference organizer that provides information about automotive telematics. Opportunities are expected to unfold once the usage-based insurance

Waclaw Kuza
insPRESS Insurance

Waclaw Kuza Joins Cunningham Lindsey Marine Services

July 16, 2012 Cunningham Lindsey Canada Limited

Cunningham Lindsey’s Director of Specialty Services – Transportation Fleet Services, Joel McQuilkin, is pleased to welcome Waclaw Kuza, Marine Surveyor and Marine Adjuster to the Marine Services unit. Waclaw comes to Cunningham Lindsey a Master Mariner with over 20 years

Sean Forgie
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Cunningham Lindsey Commercial Risk Division Welcomes Sean Forgie National Director of Casualty/Liability

July 16, 2012 Cunningham Lindsey Canada Limited

Cunningham Lindsey’s Assistant Vice President, Commercial Risk Division (CRD) and Specialty Services, Mike Alwyn is pleased to announce Sean Forgie, BA, CIP, CFEI, has joined the CRD team as National Director, Casualty/Liability. As National Director, Sean will oversee the handling of

News Climate ChangeInsuranceMergers and Aqcuisitions

Three homes heavily damaged in B.C. landslide

July 13, 2012 by Canadian Underwriter

A number of residents remained unaccounted for after a large landslide severely damaged three homes in Johnsons Landing, a remote British Columbia community on the northeast shore of Kootenay Lake. A state of local emergency has been declared for the

News Climate ChangeInsuranceMergers and Aqcuisitions

UK flood risk set to rise significantly by 2035

July 13, 2012 by Canadian Underwriter

Global warming could almost double the number of properties at significant risk of flooding in the United Kingdom by 2035 unless loss reduction plans are put in place, argues a committee appointed by the U.K. government to study climate change.

News Climate ChangeInsuranceMergers and Aqcuisitions

Storm floods Edmonton freeway, closes centre

July 13, 2012 by Canadian Underwriter

An east-west band of Edmonton was particularly hard hit by a severe thunderstorm in the early hours of July 12, 2012, resulting in some roadways being flooded and the temporary closing of a recreational centre. With the exception of the

News InsuranceMarkets / Coverages

Space “junk” poses serious threat to satellites and insurers: Allianz

July 13, 2012 by Canadian Underwriter

A growing proliferation of “man-made space junk” threatens satellites and space stations, approximately a quarter of which are insured against losses from physical damage and service interruption, states a recent report from Allianz Global Corporate & Specialty (AGCS). The study,

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Ontario consumers report decrease in auto rates

July 13, 2012 by Canadian Underwriter

A quarterly review by Kanetix shows Ontario car insurance rates reported by shoppers decreased for the second quarter in a row. Ontario rates were 6.2% lower in 2012 Q2 than in the first quarter of 2011, and 3.6% lower in

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FirstOnSite Restoration Mobilizes Disaster Response Teams to Edmonton

July 12, 2012 FirstOnSite Restoration L.P.

(TORONTO, ONTARIO, July 12, 2012 – FirstOnSite Restoration, Canada’s largest independent disaster response company has mobilized to Edmonton, Alberta to respond to a severe summer storm that has caused widespread flooding. More information on the response efforts will be made