Topic
Insurance
OSFI amends P&C-1 and P&C-2 reporting forms to reflect Part XIII changes
January 26, 2010 by Canadian UnderwriterChanges to the federal solvency regulator’s financial reporting forms now reflect amendments to Part XIII of the Insurance Companies Act, and have been posted on the Web site of the Office of the Superintendent of Financial Institutions (OSFI).The amended forms…
What’s New: In Brief (January 26, 2010)
January 26, 2010 by Canadian UnderwriterTed Bellinger, vice president of business development at ENCON Group Inc., is cycling from Vancouver to Halifax to raise funds for the Sears National Kids Cancer Ride.Bellinger’s personal goal is to raise a minimum of $25,000 for the charity by…
What’s New: In Brief (January 26, 2010)
January 26, 2010 by Canadian UnderwriterEight winning entries have been selected for the first Aviva Community Fund for change in their community. The four winners of the big ideas ($50,000 to $250,00) are: 1) Building a lodge for Camp Triumph in Malpeque, P.E.I. A lodge…
Urban Seismic Hazard Mapping
January 26, 2010 Institute for Catastrophic Loss Reduction (ICLR)The Institute for Catastrophic Loss Reduction is pleased to invite you to participate in a workshop with Dr. James Hunter, senior geophysicist with the Near-Surface Geophysics Section of the Geological Survey of Canada. This workshop will review the requirements specified…
AIA to assume responsibility for I-CAR training in Canada as of May 2010
January 25, 2010 by Canadian UnderwriterThe Automotive Industries Associations (AIA) will officially assume responsibility for I-CAR training in Canada as of May 1, 2010, AIA president Marc Brazeau told delegates at the Canadian Collision Industry Forum (CCIF) on Jan. 23 in Toronto.The Inter-Industry Conference on…
Risk management community loses legislative pioneer
January 25, 2010 by Canadian UnderwriterLloyd Albert Hackett, a prominent member of Canada’s risk management community, passed away on Jan. 20 at the age of 80.Hackett was appointed as the Risk and Insurance Management Society (RIMS)’s first Canadian director of legislative, risk management and public…
Kingsway sells Jevco to Westaim for approximately $263 million
January 25, 2010 by Canadian UnderwriterKingsway Financial Services Inc. (NYSE, TSX: KFS) has agreed to sell all of its outstanding shares of Jevco Insurance Company to The Westaim Corporation (TSX:WED), an investment manager, for approximately $263 million.The acquisition is subject to the receipt of all…
A.M. Best upgrades RSA Group of Canada to ‘A’
January 25, 2010 by Canadian UnderwriterA.M. Best Co. has upgraded the financial strength ratings to ‘A’ (excellent) from ‘A-’ (excellent) of RSA Canada, Quebec Assurance Company and Western Assurance Company. Together, these companies form RSA Group of Canada. The outlook for the ratings is stable.“The…
Second annual Insurance Institute National Education Week March 1 5, 2010
January 25, 2010 The CIP SocietyEvents happening at participating Institutes and Chapters across Canada! * * * The Insurance Institute, the property and casualty insurance industrys premier source for professional development, is proud to announce its second annual Insurance Institute National Education Week from March…
Ontario court considers whether a judge or jury should hear cases involving multi-accident scenarios
January 22, 2010 by Canadian UnderwriterIs a jury capable of assessing damages in cases involving multi-accident scenarios, overlapping injuries and complicated medical evidence? The Ontario Superior Court was asked to consider the question in Hossny v. Belair Insurance, a complicated case in which an insured…
Janice Tomlinson receives inaugural WICC Lifetime Achievement Award
January 22, 2010 by Canadian UnderwriterJanice M. Tomlinson has received the inaugural Women In Insurance Cancer Crusade (WICC) Lifetime Achievement Award. The former president of Chubb Insurance Company of Canada and co-chair of WICC was presented the award at a retirement event in her honour…
What’s New: In Brief (January 22, 2010)
January 22, 2010 by Canadian UnderwriterThe insurance industry’s resilience during the economic crisis needs to be emphasized in recruitment strategies, BestWeek reported.In an interview with BestWeek, LoriAnn Lowery-Biggers, the president of field operations for Navigators Marine Company Inc., stressed the importance of the industry’s stability…