Topic
Insurance
Chesterfield Canada Inc expands its Toronto branch
March 24, 2010 by Canadian UnderwriterChesterfield Canada Inc. announced two new appointments to their Toronto Branch: Paul Clarke and Tyson Peel. Clarke has been appointed senior property casualty underwriter and Peel has been appointed property casualty underwriter. Both will provide dedicated underwriting expertise to retailers…
B.C. Appeal Court orders ICBC to pay damages for injury sustained when vehicle is used to commit a crime
March 24, 2010 by Canadian UnderwriterB.C.’s Appeal Court has ordered the province’s public insurer to pay damages to a claimant who was injured by a van used to snatch her purse.Shirley Jane Hannah made a claim against the Insurance Corporation of British Columbia (ICBC) for…
New Roles for Johnstone and Paxton at Crawford & Company Property & Casualty Americas division
March 23, 2010 Crawford & Company (Canada) Inc.To direct additional resources to quality and performance for clients, Crawford & Company is adding several key positions to its Property & Casualty Americas operations. As the industrys leading provider of property and casualty claims solutions and with our growing…
What’s in a Name?
March 23, 2010 by Canadian UnderwriterReacting to “numerous questions” related to the proper identification of agents, brokers and business names on insurance licenses, the Insurance Council of Manitoba (ICM) published some points by which all agents/brokers must abide.In its ICM Council Report 2009, the council’s…
Burlington, Ontario and Port Coquitlam, B.C. hot spots for cybercrime: study
March 23, 2010 by Canadian UnderwriterBurlington, Ontario and Port Coquitlam, B.C. rank highest among Canadian cities most vulnerable to cybercrime, according to a study by Norton from Symantec (Nasdaq: SYMC) and independent research firm Sperling’s BestPlaces.“While bigger cities such as Vancouver, Calgary and Toronto often…
OSFI seeks feedback on draft minimum capital test guideline
March 23, 2010 by Canadian UnderwriterThe Office of the Superintendent of Financial Institutions (OSFI) has released its draft revised Minimum Capital Test (MCT) Guideline and is asking for comment by April 7.The MCT guideline reflects the accounting and capital policy positions that will be communicated…
Nova Scotia insurers want industry’s employment to increase by 25% over the next three years
March 23, 2010 by Canadian UnderwriterThe insurance industry in Nova Scotia directly contributed $468.8 million to the province’s real gross domestic product in 2008 and supports an estimated 6,900 jobs, according to a Conference Board of Canada study.But there is still considerable potential for future…
FSCO itemizes research priorities related to auto insurance reforms
March 22, 2010 by Canadian UnderwriterThe future priorities of Ontario’s insurance regulator, the Financial Services Commission of Ontario (FSCO), include undertaking several studies intended to support the province’s forthcoming auto insurance reforms. In its draft June 2010 Statement of Priorities, FSCO itemizes several upcoming research…
IBC encourages flood mitigation techniques in Manitoba
March 22, 2010 by Canadian UnderwriterCanada’s home, business and auto insurers are doing public education in Manitoba, noting The Red River is expected to peak in Winnipeg in early April, two weeks earlier than usual. “While it is predicted that recent warm, dry weather and…
Carstar adds three more locations to its network
March 22, 2010 by Canadian UnderwriterCarstar Automotive Canada Inc. has added three new locations to its network: Coquitlam, B.C., Scarborough North East, Ontario, and Welland, Ontario.Darko Zukina is the owner and operator of Carstar Coquitlam. Zukina has been in the collision repair industry for nearly…
SCM acquires U.K.-based Axis Adjusters Europe Ltd
March 22, 2010 by Canadian UnderwriterSCM Insurance Services has announced the acquisition of Axis Adjusters Europe Ltd (Axis). Axis, a specialty adjusting firm in the United Kingdom, will be the London-based European division of ClaimsPro, SCM’s claims management and adjusting business division. The move also…
Crawford promotes assistant vice president of global marine services for Canada
March 22, 2010 by Canadian UnderwriterRoland Paxton, Crawford & Company’s assistant vice-president of global marine services for Canada, will assume direct responsibility for marine operations throughout the Americas.Paxton, who has been with Crawford for 10 years, holds nearly 35 years of experience as a naval…