Segment
Claims
Saskatchewan City Mayors’ Caucus calls on the Government of Saskatchewan to consider photo radar
July 24, 2012 by Canadian UnderwriterThe Saskatchewan City Mayors’ Caucus (CMC) has requested that the Government of Saskatchewan consider introducing photo radar within the province. Specifically, a CMC letter requests that the provincial government initiate a photo radar pilot project on the section of the…
Exploit kits, traffic direction systems cited as Top 2 emerging online threats
July 23, 2012 by Canadian Underwriter‘Exploit kits’ — basically, malware in a box — and traffic directions systems are listed as the Top 2 emerging online threats by Trend Micro, a provider of cloud computing and Internet security systems. Trend Micro senior threat researcher Paul…
Guy Carpenter representatives to discuss catastrophe risk and modeling during ICLR’s Sept. 14 Friday Forum
July 23, 2012 by Canadian UnderwriterGuy Carpenter representatives Krista Lienau and Sherry Thomas are scheduled to discuss the current and future landscapes of Canadian catastrophe risk and modeling at the Sept. 14 Friday Forum of the Institute for Catastrophic Loss Reduction (ICLR). Lienau is a…
Ontario PC proposal calls for private insurers to compete with the province’s Workplace Safety Insurance Board (WSIB)
July 20, 2012 by Canadian UnderwriterAn Ontario Progressive Conservative Caucus White Paper has recommended that private insurance companies be allowed to compete with the Workplace Safety Insurance Board (WSIB) for the provision of work-related insurance coverage. The WSIB is a government agency that provides injury…
Glenn Gibson named CEO of Crawford’s Canadian consulting practice
July 19, 2012 by Canadian UnderwriterCrawford & Company (NYSE: CRDA; CRDB) has announced that Glenn Gibson is leaving his role as executive vice president for global strategy, projects and development to become CEO of a consulting practice the company is building in Canada. In his…
Hackers step up their attacks against small businesses: Symantec
July 19, 2012 by Canadian UnderwriterHackers are increasing their attacks on smaller enterprises with fewer than 250 employees, Symantec Corp. (Nasdaq: SYMC) announced in its June 2012 Symantec Intelligence Report (ISTR). The report shows that 36% of all targeted attacks (58 per day) during the…
FirstOnSite Restoration expands its operations to the United States
July 19, 2012 by Canadian UnderwriterFirstOnSite Restoration is expanding its operations to the United States. Currently, FirstOnSite works with U.S. clients who have property in Canada. This new initiative brings the company to American soil to serve Canadian customers who have property in the United…
B.C. court distinguishes between a “driver training event” and a “contest, show or race”
July 19, 2012 by Canadian UnderwriterA British Columbia court has determined the owner of a Corvette is entitled to insurance coverage after he severely damaged the car during an event the judge described as “driver training event,” as opposed to a “contest, show or race,”…
Crop hail insurance claims on the rise in Prairies
July 18, 2012 by Canadian UnderwriterCrop hail claims are off to a brisk start in Saskatchewan, based on the latest figures from the Canadian Crop Hail Association, published in the July 6, 2012 edition of the Hail Report. Companies providing hail insurance to farmers reported…
Insurance required for motor assisted scooters with pedals removed: B.C. court
July 18, 2012 by Canadian UnderwriterA British Columbia judge has dismissed appeals by a scooter rider convicted of driving without a licence or insurance, but suggests that provincial rules governing motor assisted cycles (MACs) could benefit from a review. British Columbia’s Motor Vehicle Act (MVA)…
Wildfire losses in Colorado pegged at $450 million
July 18, 2012 by Canadian UnderwriterThe most destructive wildfire season in Colorado’s history has resulted in $449.7 million in insured losses, according to an updated estimate by the Rocky Mountain Insurance Information Association (RMIIA). Together, the Waldo Canyon fire in Colorado Springs and the High…
Natural disasters “relatively moderate” so far in 2012: Munich Re
July 17, 2012 by Canadian UnderwriterInsurers experienced a fairly benign first half of the year for natural catastrophes, according to Munich Re. Overall global losses to the end of June were about $26 billion, of which roughly $12 billion was insured. The reinsurer noted that…