News
Canada can expect to see more intense wildfires in the future: scientist
February 22, 2012 by Canadian UnderwriterCanadians can anticipate more intense wildfires that are too difficult to stop using traditional fire fighting techniques, according to Mike Flannigan, a senior research scientist with Natural Resources Canada. Flannigan presented his team’s latest research in Vancouver at the annual…
CARSTAR selected one of Canada’s 50 best-managed companies
February 22, 2012 by Canadian UnderwriterCARSTAR Automotive Canada Inc. has been selected one of Canada’s 50 Best Managed Companies for 2011. The honour is awarded by Deloitte, CIBC, National Post and Queen’s School of Business. It recognizes Canadian-owned and run companies that excel in overall…
Water damage in New Brunswick almost quadruples in four years: IBC
February 22, 2012 by Canadian UnderwriterInsurance Bureau of Canada (IBC) took its message of climate change adaptation to New Brunswick, where data insured water damage losses have almost quadrupled in four years. Speaking to the Saint John Board of Trade on Feb. 22, IBC president…
Alberta brokerages merge under the Alpine Insurance & Financial banner
February 22, 2012 by Canadian UnderwriterWestland Insurance (AB) Inc. and Alpine Insurance & Financial Inc. have merged and will operate under the Alpine name. Alpine has five offices, located in Canmore, Lethbridge, Red Deer, Edmonton and Calgary. Westland’s office in Calgary will become the new…
United States likely to see ‘above-normal’ number of tornadoes in 2012
February 22, 2012 by Canadian UnderwriterAccuWeather.com is predicting an active severe weather season in the United States, with an above-normal number of tornadoes in 2012. Last year ranks as the fourth most deadly tornado year ever recorded in the U.S., with 1,709 tornadoes touching down.…
IBAO announces 2012 dates for ‘Beyond Best in Class’
February 22, 2012 by Canadian UnderwriterInsurance Brokers Association of Ontario (IBAO) has announced its 2012 dates for its five-part development program, Beyond Best in Class (BBiC). The 2012 offering will be limited to 40 brokerages. Each offering will have geographical restrictions in place so competing…
FSCO arbitrator holds firm to 60-day timeframe for mediation
February 21, 2012 by Canadian UnderwriterThe Financial Services Commission of Ontario (FSCO) has released an arbitration decision that follows in the footsteps of the Ontario Superior Court, finding that a 60-day mediation timeframe is firm, despite a backlog of cases. In Nicholas Leone and State…
Patrick Lundy new head of Zurich’s commercial lines business in Canada
February 21, 2012 by Canadian UnderwriterPatrick Lundy is the newly appointed chief agent and CEO for Zurich Canada. Lundy replaces Alister Campbell, who departed the company in February. Since starting his career in the insurance industry 15 years ago, Lundy has held various executive management…
Less than 10% of major reputation crises insurable: Willis
February 21, 2012 by Canadian UnderwriterAbout 95% of major corporations have suffered at least one major reputation crisis in the last 20 years, but less than 10% of these events are insurable, according to Willis Group Holdings. Phil Ellis, CEO of Willis Global Solutions Consulting…
New Brunswick union pushes for public insurance
February 21, 2012 by Canadian UnderwriterThe New Brunswick Union of Public and Private employees believes public auto insurance is one way to address the province’s budget woes. The union represents 8,500 workers in the public, private and manufacturing sectors. In a statement online, the union…
Frank Cowan Company launches program for health care organizations and professionals
February 21, 2012 by Canadian UnderwriterFrank Cowan Company, a provider of Canadian municipal, health care, education and community service insurance solutions, has introduced a new insurance program for health care organizations and professionals called Health & Wellness. “We understand that a one-size-fits-all policy is of…
CARSTAR adds two new Ontario locations
February 21, 2012 by Canadian UnderwriterCARSTAR Automotive Canada Inc. has added two new Ontario locations: CARSTAR Milton Service Centre and CARSTAR Newmarket – both part of the LC Group of CARSTAR Collision Centres. The LC Group of CARSTAR Collision Centres includes partners Ian Ladd and…