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Ontario safety blitz launched to combat distracted driving

August 1, 2012 by Canadian Underwriter

Traffic safety partners in Ontario are reminding the public of the importance of remaining focused behind the wheel with the launch of an anti-distracted driving campaign. The South Central Ontario arm of the Canadian Automobile Association (CAA SCO), Ontario’s Ministry

News Earnings / RatingsInsuranceLegal

Methodology must acknowledge differences between traditional insurance and banking: think-tank

August 1, 2012 by Canadian Underwriter

An insurance economics think-tank recommends revisiting proposed criteria designed to prevent destabilization of the financial system should a very large insurer collapse, including reversing the view that certain situations are detrimental. The comments were made as part of The Geneva

News Insurance

EZ-Docs enhancement supports broker efficiency

August 1, 2012 by Canadian Underwriter

RSA is now successfully transmitting live policy documents to a broker system using the Centre for Study of Insurance Operations’ (CSIO) latest XML standards, a move meant to enhance broker efficiencies and streamline workflows. Brokers currently using RSA’s EZ-Docs tool

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Auto theft rate in Quebec continued to fall in 2011

July 31, 2012 by Canadian Underwriter

The rate of auto theft continued its downward trend last year in Quebec, dropping 64% over the last decade, note new figures from the Groupement des assureurs automobiles (GAA). The theft rate (theft of whole vehicle) is 0.20% for all

News InsuranceLegalMergers and Aqcuisitions

B.C. privacy watchdog probes licence plate recognition program

July 31, 2012 by Canadian Underwriter

A technology meant to help in the war on auto theft has come under fire, launching a review by the Office of the Information & Privacy Commissioner for British Columbia. Commissioner Elizabeth Denham says her office is now reviewing automatic

News Insurance

Layne Gardner joins Malik, Giffen & Burnett Claims Consultants Inc.

July 31, 2012 by Canadian Underwriter

Malik, Giffen & Burnett Claims Consultants Inc. (MGB) has named Layne Gardner as the specialized adjusting firm’s new executive general adjuster. Gardner, who joined the firm effective July 11, brings to the position more than a decade of experience as

News Insurance

ISB Canada appoints Craig Smith as vice president of sales and marketing

July 31, 2012 by Canadian Underwriter

ISB Canada has announced the appointment of Craig Smith to the position of vice president of sales and marketing. With almost 30 years in the insurance industry, Smith has held various senior positions at a principle insurer, as well as

News InsuranceMergers and Aqcuisitions

Home businesses demand specific insurance considerations

July 31, 2012 by Canadian Underwriter

It is best not to assume that a home insurance policy offers adequate protection for a person whose home serves as both a place to live and a place to work. “If anyone, from a messenger to a customer, is

News InsuranceMergers and Aqcuisitions

Statistics Canada reports break-ins and auto theft decreased in 2011

July 30, 2012 by Canadian Underwriter

Statistics Canada notes that police-reported, non-violent crimes such as break-ins and auto theft declined last year. “Police reported more than 181,000 break-ins in 2011,” Statistics Canada reported in its July 24 issue of The Daily. “The rate of break-ins was

News Climate ChangeInsuranceMergers and Aqcuisitions

Rainstorms, flooding batter Japan, China

July 30, 2012 by Canadian Underwriter

A 20-hour storm in China on July 21 delivered as much as 18 inches of precipitation to parts of the country in and near the capital of Beijing (population 20 million), causing approximately $1.6 billion in economic damage, catastrophe modeller

News InsuranceMergers and Aqcuisitions

Most U.S. renters don’t carry insurance: Allstate survey

July 30, 2012 by Canadian Underwriter

Fifty-four per cent of 1,000 renters surveyed by Allstate said it would take three or more years to replace everything they lost if they didn’t have insurance, and yet only 45% of renters taking part in the poll have a

insPRESS Insurance

Malik, Giffen & Burnett Claims Consultants Inc. Appoints Layne Gardner as Executive General Adjuster

July 30, 2012 Canadian Underwriter magazine

Malik, Giffen & Burnett Claims Consultants Inc are pleased to announce Layne Gardner has joined the firm as an Executive General Adjuster effective July 11, 2012. Layne has been an adjuster since 1999,  and for the past 7 years with