Topic
Insurance
Borden Ladner Gervais creates national insurance group
March 1, 2012 by Canadian UnderwriterBorden Ladner Gervais LLP has created a national insurance corporate/regulatory group. Crawford Spratt, Jill McCutcheon and Kelly Morris, all insurance law practitioners, have joined the firm. Spratt will serve as the national head of the group, McCutcheon as the group’s…
Outside Intelligence launches big data application for insurers
March 1, 2012 by Canadian UnderwriterOutside Intelligence, a search-based applications (SBA) provider, has launched an application for insurers that allows them to mine, analyse and organize ‘big data.’ Big Data consists of data sets that grow so large they can become awkward to use. Data…
Hands-free phones not necessarily much safer than handheld phones while driving
March 1, 2012 by Canadian UnderwriterCanadian legislation is focused on the dangers of using hand-held cell phones while driving, but using hands-free devices while driving may not be that much safer, according to panelists attending the Driven to Distraction conference in Toronto on Mar. 1.…
The CG&B Group Inc. Announces Management Changes and Appointments
March 1, 2012 CG&B Group Inc.Toronto, Ontario, February 29th, 2012 H. Larry Later, CCIB, President and C.E.O. of The CG&B Group Inc., is pleased to announce several management changes and appointments that further strengthen CG&B’s Executive and Management team. These individuals will play a key…
WINMAR Announces Promotions to Executive Team
March 1, 2012 WINMARMarch 1, 2012 Mike Craig, Chief Operating Officer, WINMAR FRANCHISE CORP, London Ontario is pleased to announce the following promotions to its executive team. Glenn Woolfrey has been promoted to a new position as Vice President of Operational Systems and…
Even if purchasing insurance online, consumers expect personal contact throughout the policy lifecycle
February 29, 2012 by Canadian UnderwriterCanadian consumers are increasingly exploring their property and casualty options online, but they still demand direct personal contact throughout the policy lifecycle and at renewal, an Ernst & Young report found. Ernst & Young surveyed more than 24,000 insurance consumers…
Drivers aged 56-60 pay less for auto insurance than 41-45 age group – unless they live in Ontario
February 29, 2012 by Canadian UnderwriterCanadian drivers in the 56-60 age category can pay an average of up to $15 per month less for car insurance premiums than younger drivers in the 41-45 age bracket — unless you live in Ontario. InsureEye Inc., a Canadian…
Regulations required to handle increased Arctic shipping traffic
February 29, 2012 by Canadian UnderwriterIncreased shipping traffic through Arctic waters and delays in international governance are putting Canadian waters at risk, the Winnipeg Free Press reported. The International Maritime Organization has delayed its mandatory ‘Polar Code’ for all ships in the Arctic until 2013,…
Japan tsunami debris likely to make landfall in B.C. in 2013-14
February 29, 2012 by Canadian UnderwriterDebris from the March 11, 2011 tsunami in Japan will likely make landfall on the coast of British Columbia between March 2013 and March 2014, according to the National Oceanic and Atmospheric Administration (NOAA). The massive debris field has been…
Reinsurance market responds in fragmented way to historic losses of 2011
February 29, 2012 by Canadian UnderwriterAfter absorbing historic catastrophic losses in 2011 in excess of $100 billion, reinsurers responded in a fragmented way during the Jan. 1, 2012 renewal season, according to a report by Guy Carpenter. The report, Catastrophes, Cold Spots and Capital, notes…
Xactware adds ‘Sketch’ upgrade to mobile estimating app XactScope
February 29, 2012 by Canadian UnderwriterXactware has added an upgrade, ‘Sketch,’ to the latest version of its mobile estimating app XactScope, allowing estimators to sketch floor plans using iOS devices. XactScope is a mobile estimating app for the iPhone, iPad and iPod touch. It now…
B.C. Supreme Court awards $75,000 in punitive damages against ICBC for “multiple failings” in accident investigation
February 28, 2012 by Canadian UnderwriterThe B.C. Supreme Court has awarded $75,000 in punitive damages against the Insurance Corporation of British Columbia (ICBC), which denied coverage to the plaintiff on the basis of impaired driving allegations even though all criminal charges for impaired driving had…