Topic
Insurance
Quebec drivers most satisfied with auto insurance, B.C. drivers the least: survey
May 14, 2012 by Canadian UnderwriterQuebec drivers are happiest with their auto insurance product, while British Columbia drivers are the most critical of theirs, based on a recent online survey conducted by InsurEye. The Canadian company provides online analysis to help buyers manage their insurance.…
Lloyd’s charts bold growth plan to 2025
May 14, 2012 by Canadian UnderwriterOne of the most recognizable brands in insurance is launching an ambitious strategy to become a “global hub for specialist insurance and reinsurance” over the next decade. Vision 2025 is Lloyd’s plan to “truly internationalize the Lloyd’s underwriting community” by…
Ironshore teams up with Mitsui Sumitomo to increase capacity to $25 million
May 14, 2012 by Canadian UnderwriterA consortium relationship with Mitsui Sumitomo has allowed Ironshore Canada Ltd. to increase its specialty casualty lines capacity to $25 million. Among other things, the increased capacity “satisfies a demand for higher limits by global and domestic clients who are…
Canadian Underwriter magazine Insurance Media Group Appoints Angela Stelmakowich to Position of Editor
May 14, 2012 Canadian Underwriter magazineDavid Gambrill, Senior Editor, Canadian Underwriter magazine – Insurance Media Group, is pleased to announce the appointment of Angela Stelmakowich to the position of Editor of Canadian Underwriter magazine and The Ontario Broker magazine. An award-winning editor, Angela joins Canadian…
Claims Canada magazine Appoints Craig Harris to Position of Editor
May 14, 2012 Canadian Underwriter magazinePaul Aquino, Publisher, Claims Canada magazine (claimscanada.ca), is pleased to announce the appointment of Craig Harris for a one-year term to the position of Editor of Claims Canada magazine. With a Master’s Degree in Journalism from Carleton University, Craig brings…
The Co-operators to acquire G&F Insurance
May 14, 2012 by Canadian UnderwriterThe Co-operators has announced its intention to acquire G&F Financial Group’s general insurance assets and Autoplan appointment. The deal is subject to regulatory approval and is expected to close June 30, 2012, reports The Co-operators, a Canadian-owned multi-product insurance company.…
FSCO proposes aligning Ontario’s solvency standards with international standards
May 11, 2012 by Canadian UnderwriterThere would be no need for Ontario to maintain a separate and duplicative solvency regime for the few such companies that remain in the province under a Financial Services Commission of Ontario (FSCO) proposal. FSCO’s consultation paper, Improving Solvency Supervision…
Opportunity exists for B.C. condo unit owners to challenge fairness of deductible downloading bylaws
May 11, 2012 by Canadian UnderwriterB.C. condo unit owners have yet to take a run at challenging the fairness of deductible downloading bylaws of strata corporations, although case law seems aligned for such an opportunity. Krista Prockiw of Alexander Holburn Beaudin & Lang LLP mentioned…
AGREEMENT REACHED TO ELIMINATE CONFUSION IN INSURANCE RESTORATION MARKETPLACE
May 11, 2012 Canadian Underwriter magazineBERKLEY, Mich., May 2012 — CRDN, an international organization of textile restoration experts serving the insurance industry, and Esporta Wash Systems Inc., inventors and manufacturers of a patented washing system and detergents, have come to an agreement to discontinue the…
Canadian Underwriter launches new real-time news feed
May 11, 2012 by Canadian UnderwriterCanadian Underwriter magazine has launched inswire, a new real-time information web stream for the property and casualty insurance market. Online visitors will gain entry to what amounts to an ‘insurance newswire’, benefiting from a real-time industry news feed streamed live…
Keal Technology Delivers on eDoc
May 11, 2012 Keal TechnologyTORONTO, Ontario, Canada — May, 2012 — Keal Technology, software provider for Canadian insurance brokers, announces they are making available to insurers effective May 14th 2012 its Centre of the Study of Insurance Operations (CSIO) electronic document (eDoc) in CSIO…
Finance department receives mixed feedback on P&C demutualization
May 11, 2012 by Canadian UnderwriterA summary of submissions to the federal government on demutualization shows some important differences in viewpoints on how mutual property and casualty insurers should be allowed to become share companies. The Department of Finance received more than 80 submissions from…