Topic
Associations
IBC to pilot new tool to assess municipal climate change risks
October 30, 2009 by Canadian UnderwriterInsurance Bureau of Canada (IBC) has approved Cdn$1-million pilot project for a new municipal risk assessment tool that will help insurers assess climate change risks.The new tool is intended to collect key data that will help insurers better understand the…
What’s New: In Brief (October 29, 2009)
October 29, 2009 by Canadian UnderwriterTess Romain has been appointed to Insurance Bureau of Canada (IBC)’s Ontario Division as manager of government relations, effective Nov. 2, 2009.Romain holds plenty of work experience with the Ontario government, specifically in the Minister’s offices of Public Infrastructure Renewal…
HST to cost insurers a one-time hit of Cdn$250 million: IBC president
October 28, 2009 by Canadian UnderwriterThe implementation of the Harmonized Sales Tax (HST) will result in a one-time hit of $250 million for the insurance industry at the end of 2009, Don Forgeron, president and CEO of Insurance Bureau of Canada, told delegates of the…
What’s New: In Brief (September 22, 2009)
September 22, 2009 by Canadian UnderwriterThe Financial Services Commission of Ontario (FSCO) has released the Health Claims for Auto Insurance (HCAI) 2009 Pilot Guideline. The guideline was issued to facilitate a staged return of the HCAI system, which was suspended Mar. 11, 2008. More guidelines…
What’s New: In Brief (September 04, 2009)
September 4, 2009 by Canadian UnderwriterInsurers expect to pay out more than Cdn$6 million to clients for repairs to homes, cars and businesses damaged after a force F2 tornado tore through the town of Mont-Laurier, Quebec on Aug. 4, 2009.Despite the storm’s short duration, the…
What’s New: In Brief (August 07, 2009)
August 7, 2009 by Canadian UnderwriterThus far, the current wildfires burning in British Columbia have not caused nearly as much property damage as the 2003 fires, experts say.Greg Thierman, manager of Crawford & Company (Canada)’s Kelowna branch, says that while the fires have come very…
What’s New: In Brief (August 04, 2009)
August 4, 2009 by Canadian UnderwriterThe number of cars stolen in Quebec is decreasing, but the number of thefts of articles taken from inside cars is increasing, reports Insurance Bureau of Canada (IBC).More than 31,000 vehicles were reported stolen in Quebec in 2008, marking a…
Wildfires spread through Kelowna
July 21, 2009 by Canadian UnderwriterThree fires are currently raging through the Kelowna area of B.C., forcing more than 11,000 residents to evacuate their homes. There are three separate fires in the Kelowna area. One is in the Glenrosa area and is estimated to be…