Topic
Insurance
Pharmaceutical companies facing liability for products found in water supplies: Marsh
June 22, 2010 by Canadian UnderwriterPharmaceutical companies are facing an evolving risk of liability for pharmaceuticals and personal care products (PPCP) found in ground and drinking water supplies, according to Marsh. PPCPs include antibiotics, anti-convulsants, mood stabilizers, stimulants and antihistamines.“Liability will likely rest primarily with…
Flash floods hit Alberta and Saskatchewan, closing Trans-Canada Highway
June 22, 2010 by Canadian UnderwriterStates of emergency were declared following heavy rains that led to floods in Southern Alberta and Saskatchewan, forcing the evacuation of hundreds of homes and causing a sinkhole on the Trans-Canada Highway.As much as 150 millimetres of rain fell in…
Blouin Dunn LLP hires Derek Ballard
June 22, 2010 by Canadian UnderwriterDerek Ballard has joined Blouin Dunn LLP as of June 15. Ballard obtained his law degree at the University of Manitoba in 2002 and was called to the Ontario Bar in 2003. Since his call, Ballard has practiced in many…
The Dominion launches Web site to educate consumers about Ontario auto reforms
June 22, 2010 by Canadian UnderwriterThe Dominion of Canada General Insurance Company has launched a Web site ‘MyChoiceCarInsurance.ca’ to help Ontario auto insurance consumers understand the coverage options that will become available to them after the Sept. 1, 2010 auto reform implementation date.MyChoiceCarInsurance.ca features:• an…
P&C impairments tripled last year in the United States: A.M. Best
June 22, 2010 by Canadian UnderwriterU.S. property and casualty insurer financial impairments have more than tripled since 2007, reports A.M. Best.In contrast, regulators have not closed a Canadian insurance company during that time frame, confirms the Property and Casualty Insurer Compensation Corporation (PACICC).Eighteen property and…
ClearRisk launches version 2.0 of Manager application
June 22, 2010 by Canadian UnderwriterClearRisk has launched version 2.0 of its Manager application, intended to add speed and functionality.ClearRisk Manager (ClearRiskManager.com) was created to provide insurance brokers with an affordable way to provide clients with risk management plans, risk maps and risk management resources.…
Local Auto Body Centre Gives Back to the Environment
June 22, 2010 Collision Solutions NetworkDana Alexander, General Manager of Dana’s Collision Center ~ CSN, has announced all customers who have their vehicles repaired this summer will receive a free tree seedling as part of his firm commitment to the environment. “This idea began…
Over 250 new industry job postings to view at i-hire.ca
June 21, 2010 Canadian Underwriter magazineOver 250 new insurance jobs to view at i-hire.ca + industry employers and recruiters post for free! As a free service to assist in bringing insurance industry employers and job seekers together faster, http://www.i-hire.ca (owned and operated by Canadian…
Connect with over 1,500 of your peers online at instouch.com, the industry’s professional network
June 21, 2010 Canadian Underwriter magazineYou’re invited to join instouch (www.instouch.com) – an online network for insurance industry professionals to connect with trusted industry contacts, groups and associations. Developed by Canadian Underwriter, membership at instouch free and is open to individuals working within all segments…
13 New Online Photo Gallery updates now live at canadianunderwriter.ca
June 21, 2010 Canadian Underwriter magazine5 new industry event galleries have been added to the Online Photo Gallery at canadianunderwriter.ca and are featured in the June 2010 issue of Canadian Underwriter magazine. The recent additions to the Online Photo Gallery are: – ACE CANADA…
Canada’s Competition Act negates dream of a single cost calculator: IBC
June 21, 2010 by Canadian UnderwriterCanada’s Competition Act is the main reason why the Insurance Bureau of Canada (IBC) will have nothing to do with the idea of insurers requiring brokers to use a single cost calculator for the purpose of calculating the reconstruction costs…
Home and Garden TV and Home Depot cited as “culprits” in the escalation of water damage claims
June 21, 2010 by Canadian UnderwriterHome and Garden Television (HGTV) and Home Depot are two main culprits responsible for the escalation of water damage claims costs, according to Will Cook, president of Belfor Restoration Services.These two cultural icons are fuelling the impulse to undertake an…