Topic
Associations
Understanding of quake protective measures, insurance coverage faulty in Quebec: survey
October 19, 2017 by Canadian UnderwriterThe lion’s share of polled Quebecers remain unprepared for an earthquake, with a mere 8% of respondents understanding the immediate protective measures that should be taken in the event of a quake, Insurance Bureau of Canada (IBC) reports. The concerning…
Bermuda’s global insurers, reinsurers could fund at least US$25 billion of insured losses from hurricanes
October 11, 2017 by Canadian UnderwriterBermuda market firms may fund at least a quarter of the estimated US$100 billion in aggregate insured losses from hurricanes Harvey, Irma and Maria, suggest preliminary aggregated loss estimates from the Association of Bermuda Insurers & Reinsurers (ABIR). “Based on…
Inefficient and cumbersome renewal process needs improvement, NICC speakers agree
October 3, 2017 Jason Contant, Online EditorThe insurance policy renewal process is both inefficient and cumbersome and needs to be fixed, speakers suggested on Monday at the National Insurance Conference of Canada (NICC) in Quebec City. “It’s a total disaster; it’s not working at all,” charged…
A Solid Foundation
October 2, 2017 Angela Stelmakowich, EditorScott Treasure, incoming president of the Insurance Brokers Association of Canada, understands that staying committed to core principles offers a strong foundation for moving forward.
The Canadian Independent Adjusters’ Association Announces its 2017–18 Executive Team
September 27, 2017 Canadian Independent Adjusters' AssociationTORONTO – Sept. 27, 2017 /insPRESS/ – The Canadian Independent Adjusters’ Association is pleased to announce their newly elected Executive for the 2017 – 2018 term. Monica Kuzyk, FCIP, C. Dir., was inaugurated as the association’s 33rd President, taking over…
Lessons of the Road
September 26, 2017 Kent Rowe, President, Insurance Brokers Association of Newfoundland and LabradorNewfoundland and Labrador is undertaking an automobile insurance review meant to chart the way forward for the province. Whatever the final destination, brokers will be along for the ride to help ensure customers are protected, regulatory changes foster a healthy and sustainable system, and consumer education is enhanced.
RIMS Canada 2017 Community Celebration, September 24, 2017
September 24, 2017 by Canadian UnderwriterRIMS Canada 2017 launched on September 24th with its Community Celebration. As the name suggests, it was a buoyant gathering of hundreds of risk and insurance professionals at Toronto’s Steam Whistle Brewery, located in a former repair shop of the…
Risk and Insurance Management Society Canada Conference, September 24-27, 2017
September 24, 2017 by Canadian UnderwriterThe Metro Toronto Convention Centre was the official venue of RIMS Canada 2017, the 44th edition of the Risk and Insurance Management Society’s annual conference. From September 24th to the 27th, hundreds of risk managers and other industry professionals from…
Volunteers Wanted
September 20, 2017 Greg Meckbach, Associate EditorWith the risk landscape changing, RIMS president Nowell Seaman says the organization welcomes risk professionals who are dedicated, passionate and want to better understand and manage risk.
Third-party drone services developing, immediate post-incident use still a challenge
September 8, 2017 by Angela StelmakowichA trend seems poised to take flight whereby companies in need of drone services to gain specific insights will increasingly tap the expertise of third-party providers. “I think third-party companies who provide services utilizing drones will be more common than…
Canadian Independent Adjusters’ Association (CIAA) Annual General Meeting, September 7-10, 2017
September 7, 2017 by Canadian UnderwriterThe smoke of nearby forest fires did nothing to slow the action at the 33rd Annual General Meeting and Conference of the Canadian Independent Adjusters’ Association (CIAA), held Sept. 7-10 in Kelowna, B.C. In a little more than three days,…
Harvey creating life-threatening flooding in southeastern Texas, early damage estimate up to US$2 billion
August 28, 2017 by Canadian UnderwriterCatastrophic and life-threatening flooding persisted over parts of southeastern Texas as of early Monday morning despite Harvey being downgraded from an anticipated Category 3 hurricane to a tropical storm. “Do not attempt to travel in the affected areas if you…