Topic
Insurance
One solution for non-damage business interruption
February 21, 2019 by Jason ContantParametric insurance can help fill a gap in some policies by covering non-damage business interruption, a speaker said Tuesday at AXA XL’s Fast Forward LIVE event in downtown Toronto. Caused by a variety of factors, including severe weather conditions, non-damage…
AB case generates massive confusion around “but for” causation test
February 21, 2019 by Jason ContantA recent Ontario accident benefits case has highlighted ongoing confusion about how to identify and apply the proper causation test — including the contentious “but for” clause. The case revolves around whether the “but for” test of causation or the…
How this province is handling autonomous vehicle testing
February 21, 2019 by Greg MeckbachThe Ontario government wants to expand testing of autonomous vehicles in the province. “Our government is taking active steps to open the door for expanded testing related to connected and autonomous vehicles in Ontario,” Michael Parsa, parliamentary assistant to the…
Xpera Welcomes National Account Manager, Jack Schmidt, to Vancouver Office
February 21, 2019 by SCM Insurance ServicesBURNABY, BC, FEB. 21, 2019/insPRESS/ – Xpera Risk Mitigation & Investigation, an SCM Insurance Services company and Canada’s leading provider of investigation and risk solutions, today announced the appointment of Jack Schmidt as National Account Manager, British Columbia. With over 20…
ClaimsPro Welcomes Melissa Joynt to the Ontario team
February 21, 2019 by SCM Insurance ServicesTORONTO, ON, FEB. 21, 2019/insPRESS/ – ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCM company, is delighted to announce the appointment of Melissa Joynt, as a Forensic Accountant assisting in the claims adjustment process. Ms. Joynt joins…
Crawford Appoints Greg Smith as Chief Client Officer (Canada)
February 21, 2019 Crawford & Company (Canada) Inc.TORONTO, ON, FEB. 21, 2019/insPRESS/ – Crawford & Company (Canada) Inc. announced today the appointment of Greg Smith to the position of chief client officer overseeing the sales, account management and marketing functions within the Canadian operations, effective immediately. This strategic…
Harold Stark joins EFI Global as project manager in Edmonton
February 21, 2019 by SedgwickEDMONTON, AB, FEB. 21, 2019/insPRESS/ – EFI Global, a full-service international consulting firm specializing in forensic engineering, environmental, fire investigation and specialty consulting services, has appointed Harold Stark, M.Sc., EP, to the role of project manager in its Edmonton, Alberta, office.…
The two main benefits of parametric insurance
February 20, 2019 by Jason ContantSpeed is one of the main benefits of parametric insurance compared to traditional forms of insurance, with the underwriting process taking just several days to two weeks, speakers from AXA Global Parametrics in France said Tuesday. Parametrics is index-based insurance,…
The impact of hardening Lloyd’s market on Fairfax
February 20, 2019 by Greg MeckbachA tough Lloyd’s market and California’s worst-ever wildfire led to an underwriting loss for Brit Plc, which Toronto-based Fairfax Financial Holdings Ltd. acquired in 2015. Fairfax officials faced pointed questions during its recent earnings call from one analyst who suggested…
What can happen if client fails to insure valuable shipment
February 20, 2019 THE CANADIAN PRESSHALIFAX – A top Canadian naval officer is out 50 rare coins he valued at $38,000 with little to show for it, after a Nova Scotia small claims court found FedEx Canada not liable for the full value of his…
NFP Corp acquires Ontario P&C brokerage
February 20, 2019 by David GambrillNFP Corp., a global insurance brokerage and consultant, has acquired Ontario-based property and casualty brokers Mass Insurance Brokers Limited and Easyway Insurance Brokers Inc (collectively known as Mass). Terms of the deal were not disclosed. NFP announced the deal, which…
Paid 3 Ways Small Businesses Can Stay Compliant Under Federal Privacy Laws
February 20, 2019 David Smagata, DASHow can small businesses stay compliant under PIPEDA? The Office of the Privacy Commissioner of Canada has published various online resources for both individuals and businesses to help better understand their obligations under the Personal Information Protection and Electronic Document…