Topic
Insurance
CSIO recognizes three-company collaboration for linking broker-carrier systems
May 31, 2012 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) has recognized a three-company collaboration that is helping brokers do their jobs more efficiently. At its annual meeting on May 29, CSIO president Catherine Smola presented the technology award for the innovative…
Ontario Appeal Court orders new trial in vehicle accident case because trial judge’s comments show bias
May 31, 2012 by Canadian UnderwriterThe Ontario Court of Appeal has ordered a new trial between a plaintiff injured in a winter road accident and the defendant municipalities because the judge’s comments during the trial raised a reasonable expectation of bias. In Lloyd v. Bush,…
OSFI expects P&C insurers to start looking at earthquake exposures on a national basis
May 31, 2012 by Canadian UnderwriterCanada’s federal solvency regulator, the Office of the Superintendent of Financial Institutions (OSFI), is advising property and casualty insurers to be prepared to start looking at their earthquake risk exposures on a national basis. OSFI assistant superintendent Mark Zelmer outlined…
Paul Davis Systems in Thunder Bay – Ready to Restore with Confidence
May 31, 2012 Paul Davis SystemsThe Thunder Bay community and surrounding areas have experienced a massive storm which has effected most of its residents over the last week. The water levels in some areas have been recorded reaching as high as 108 millimeters. The heavy…
Paul Davis Systems Canada expands its network Grand Opening of Systemes Paul Davis de Joliette
May 31, 2012 Paul Davis SystemsPaul Davis Systems Canada is expanding once again! A new franchise has opened its doors and is ready to provide service in Joliette, Quebec. This will be the 11th location in Quebec and 57th in the nation. Patrick Ratelle, a…
Frank Cowan Company Launches New Elder Care Program
May 31, 2012 Canadian Underwriter magazineCAMBRIDGE, ON – Frank Cowan Company, a leader in Canadian municipal, healthcare, education and community service insurance solutions, is pleased to reveal a new insurance program called Elder Care. The Elder Care program is designed specifically for organizations and staff…
Rainstorm flooding in Montreal has a return period of 1 in 100 years: Environment Canada
May 30, 2012 by Canadian UnderwriterEnvironment Canada reports the rains that flooded Montreal and overwhelmed the city’s sewer system on May 29 had a return period of 1 in 100 years. Environment Canada spokesman André Cantin said 47 mm of rain in total fell during…
Thunder Bay flooding overwhelms sewage treatment facility
May 30, 2012 by Canadian UnderwriterThunder Bay has declared a state of emergency after a rainstorm on May 26-27 unleashed 91 mm on the city in 18 hours, flooding the city’s sewage treatment facility. Seventy-one millimetres fell in the city over a little less than…
EQECAT revises Italian earthquake damage estimates due to aftershocks
May 30, 2012 by Canadian UnderwriterRisk modeling firm EQECAT has increased its estimate of damages from Italy’s May 20 Magnitude 6.0 earthquake to between $375 million and $875 million because of recent aftershocks that hit the Emilia-Romagna region May 29. The two aftershocks, which affected…
Canada’s climate change likely greater than global average: IBC research
May 30, 2012 by Canadian UnderwriterCanada will be on the front lines of temperature changes associated with global warming, with much warmer winters and warmer summers, according to a new research report commissioned by the Insurance Bureau of Canada (IBC). Key findings of the report,…
Crawford & Company (Canada) Inc. Assisting with Claims
May 30, 2012 Crawford & Company (Canada) Inc.On May 29, a massive downpour caused heavy flooding in many parts of the city of Montreal and its South Shore suburbs. Environment Canada has reported that up to 80 millimetres of rain fell in some areas, resulting in power…
Canadian Underwriter magazine’s 2012 STATISTICAL ISSUE Digital Edition is now online
May 30, 2012 Canadian Underwriter magazineProviding a yearly comprehensive review of insurance company 2011 results in a format that is easy to use. It outlines and details insurance companies’ 2011 financial performance, market breakdown, and individual company results using summary tables and indexes. Canadian Underwriter…