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Manitoba’s Eastman Region the Number 1 spot in the province for deer/vehicle collisions

October 25, 2011 by Canadian Underwriter

The Eastman Region of Manitoba is the Number 1 area for vehicle-deer collisions, according to Manitoba Public Insurance (MPI).There are about 1,800 collisions a year in the region – including Lac du Bonnet, Pine Falls, Birds Hill and St. Malo.Rounding…

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U.S.-based Energi enters Canada to provide risk management and brokerage services for energy firms

October 25, 2011 by Canadian Underwriter

Energi, a U.S. provider of risk management and insurance brokerage services to energy firms, has formed a wholly owned subsidiary, Energi of Canada LTD, and is entering the Canadian insurance market. Initially, Energi will offer its Energy Property Insurance Program…

News InsuranceMergers and Aqcuisitions

Manitoba’s Eastman Region the Number 1 spot in the province for deer/vehicle collisions

October 25, 2011 by Canadian Underwriter

The Eastman Region of Manitoba is the Number 1 area for vehicle-deer collisions, according to Manitoba Public Insurance (MPI).There are about 1,800 collisions a year in the region – including Lac du Bonnet, Pine Falls, Birds Hill and St. Malo.Rounding…

News Insurance

Insurance companies should consider donating to causes that leverage their insurance-related skills: report

October 25, 2011 by Canadian Underwriter

Property and casualty insurance companies can deliver maximum impact and receive greater recognition for their charitable giving by committing to causes that leverage their unique insurance-related skills, according to a recent report by McKinsey & Company.The report about the U.S.…

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Optional tort option appears likely in Nova Scotia

October 24, 2011 by Canadian Underwriter

An optional tort product appears likely to be offered in Nova Scotia in the future, according to Ken Meyers, former chair of the Insurance Brokers Association of Nova Scotia (IBANS).“It appears clear now that there will be an optional tort…

News InsuranceMergers and Aqcuisitions

Thresholds for fibromyalgia and concussion diagnosis lowered

October 24, 2011 by Canadian Underwriter

Thresholds for the diagnosis of fibromyalgia and concussions have been lowered, creating more exposure for claims under the accident benefits scheme. Dr. Arthur Ameis expressed this view during a panel discussion at the Canadian Defence Lawyer’s Accident Benefits seminar held…

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Ontario arbitration confirms the need for early clarification of work-related auto accidents

October 24, 2011 by Canadian Underwriter

Adjusters may want to ask a few detailed questions to determine whether a motor vehicle accident occurred over the course of a claimant’s employment, based on a recent arbitration in Ontario.In Andrew Hayward and Royal & SunAlliance Insurance Company of…

News InsuranceMergers and Aqcuisitions

Opioid dependency in auto accident victims at “crisis” level

October 24, 2011 by Canadian Underwriter

The prescription of opioids for auto accident victims suffering from chronic pain has reached an epidemic proportion, creating a healthcare crisis, Dr. Arthur Ameis said.Ameis spoke as a panel member at the Canadian Defence Lawyers seminar on accident benefits held…

News Insurance

Looking for a producer? Poach association executives from your target markets

October 21, 2011 by Canadian Underwriter

Brokers looking to acquire good producers should consider poaching association executives from the brokerage’s target markets.Al Diamond, president of Agency Consulting Group, offered the tip in his seminar at the 91st Annual Convention of the Insurance Brokers Association of Ontario…

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CEOs call for improved legislation, ADR and enforcement to fight auto insurance fraud

October 21, 2011 by Canadian Underwriter

Stronger legislation, improvements in Alternative Dispute Resolution (ADR) and better enforcement is required to tackle auto insurance fraud, according to members of a CEO panel at the 91st Annual Conference of the Insurance Brokers Association of Ontario (IBAO) in Toronto…

News InsuranceMergers and Aqcuisitions

Brokers shouldn’t hold their breath waiting for industry-wide tech solution for broker-carrier connectivity: CEO panel

October 21, 2011 by Canadian Underwriter

Brokers should not hold their breath waiting for a common, industry-wide technology solution to help resolve the ongoing conundrum of broker-carrier connectivity, a panel of insurance company CEOs suggested at the 91st Annual Convention of the Insurance Brokers Association of…

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CEO queries why insurers won’t cancel contracts with insurer-owned brokerages

October 21, 2011 by Canadian Underwriter

George Cooke, president and CEO of The Dominion, challenged other insurers to cancel their business with brokerages that have been purchased by a competitor insurer.Cooke was a member of the CEO panel at the Insurance Brokers Association of Ontario’s 91st…