Topic
Insurance
9 new December Issue Online Photo Gallery updates now live at canadianunderwriter.ca
December 18, 2010 Canadian Underwriter magazine9 new industry event galleries have been added to the Online Photo Gallery at canadianunderwriter.ca and are featured in the December 2010 issue of Canadian Underwriter magazine. The recent additions to the Online Photo Gallery are: WICC ONTARIO CHAPTER BREAKFAST FOR…
Insurer-collision centre communication receives failing grade: Bodyshop survey
December 17, 2010 by Canadian UnderwriterInsurers need to improve communication with collision repair shops, according to Bodyshop Magazine’s annual audit of the insurance industry.Bodyshop surveyed 135 owners, presidents or managers of repair shops in Canada about their opinions of the 28 insurers – private and…
MPI offers up to 33% discount to drivers with good driving record
December 17, 2010 by Canadian UnderwriterManitobans with a solid driving record will be eligible to receive a discount of up to 33% off of their Basic Autopac policies, effective Mar. 1, 2011.A Manitoba Public Utilities Board ruling requires MPI to make changes to its Driver…
ICBC raises more than $1 million for United Way and charities
December 17, 2010 by Canadian UnderwriterICBC and its employees raised more than $1 million for the United Way and other registered charities, making the 2010 campaign the insurer’s most generous ever.This year, employees donated more than $800,000. In addition, ICBC gifted $200,000 through the corporation’s…
Perth County sees its municipal insurance premium increase 54%
December 17, 2010 by Canadian UnderwriterPerth County Council approved a 54% increase to its 2011 municipal insurance premium, which rose to $445,056.The Council tendered an RFP to handle its municipal insurance in late November. Only two municipal insurers – Frank Cowan and the Ontario Municipal…
Nova Scotia has right to recover nursing home costs against insurer in an auto accident case
December 17, 2010 by Canadian UnderwriterNova Scotia’s Department of Health does have a subrogated right to claim against an insurer for nursing home costs arising from injuries sustained in a motor vehicle accident, according to the Supreme Court of Nova Scotia.In Slauenwhite v. Keizer, Jean…
Perth County calls on feds to reverse proposed funding cuts to emergency preparedness programs
December 17, 2010 by Canadian UnderwriterPerth County has sent a letter to its federal MP calling on the federal government to reverse a plan to cut $35.8 million in funding to Public Safety Canada over three years for emergency preparedness initiatives.“Recent events clearly indicate how…
Vancouver working to replace wood pole-mounted transformers, addressing earthquake risk
December 16, 2010 by Canadian UnderwriterResponding to the risk of fires following an earthquake, the City of Vancouver is in the middle of replacing transformers mounted on wooden poles in the city’s downtown core, according to a report by the CBC.A Nov. 20, 2010 report…
Aviva Community Fund announces 30 finalists
December 16, 2010 by Canadian UnderwriterThe Aviva Community Fund is down to its final 30 finalists.Created by Aviva Canada, the fund provides $1 million in donations to lead, empower and support community initiatives across the country.The 30 finalist ideas are now in the hands of…
U.S. launches civil lawsuit against BP, QBE Underwriting and seven other parties for Gulf Coast oil spill
December 16, 2010 by Canadian UnderwriterThe U.S. government has launched a civil lawsuit against BP, QBE Underwriting Ltd. and seven other parties it deems responsible for the Deepwater Horizon oil spill on Apr. 20, 2010.U.S. Attorney General Eric Holder did not say in his Dec.…
Two-door, 2000 Honda Civic SiR the most stolen vehicle in 2010: IBC
December 16, 2010 by Canadian UnderwriterThe 2000 model of Honda’s two-door Civic SiR was the most stolen vehicle in 2010, according to the Insurance Bureau of Canada (IBC).Each year, IBC releases its Top-10 list of most stolen cars. The remainder of the IBC’s 2010 list…
Global natural catastrophes reach $38 billion in insured losses
December 16, 2010 by Canadian UnderwriterGlobal natural catastrophes accounted for $38 billion of insured losses in 2010, according to Aon Benfield. Three hundred and fourteen separate events in 2010 contributed to this loss total. This activity is far higher than in the previous three years,…