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10 New Online Photo Gallery updates now live at canadianunderwriter.ca

October 16, 2009 Canadian Underwriter magazine

10 new industry event galleries have been added to the Online Photo Gallery at canadianunderwriter.ca. To view all the galleries, at canadianunderwriter.ca click Photo Gallery in the nav bar or go to www.canadianunderwriter.ca/gallery The recent additions to the Online Photo

News Climate ChangeInsuranceLegal

Climate change exclusions likely to be written into commercial general and excess liability policies

October 16, 2009 by Canadian Underwriter

Risks related to climate change are so expansive as to be uninsurable, and therefore it is likely climate change exclusions will be written into general commercial and excess liability insurance policies in the near future, predicts Rodney Taylor, managing director

News InsuranceLegal

Claims adjusters can leverage insurers’ ability to pay to take control of environmental clean-ups

October 16, 2009 by Canadian Underwriter

Insurance claims adjusters can leverage their expert knowledge, as well as their insurance companies’ ability to pay for large-scale clean-up operations, to exert control over complicated environmental damage claims that typically span multiple jurisdictions.Panelists John Cherrie of Cherrie Griffith Professional

News InsuranceMergers and AqcuisitionsProfessional Development

What’s New: In Brief (October 16, 2009)

October 16, 2009 by Canadian Underwriter

Cunningham Lindsey has expanded its B.C. interior claims adjusting operations. Kelly Bregeda has been appointed district manager for B.C. interior, providing management support to branch operations in Cranbrook, Prince George and Kelowna.Cheryl Hanson, senior adjuster, and Simon Buckley, general adjuster,

News InsuranceProfessional Development

What’s New: In Brief (October 16, 2009)

October 16, 2009 by Canadian Underwriter

Cunningham Lindsey is the newest national sponsor at the platinum level of the Women in Insurance Cancer Crusade (WICC), representing a commitment of $45,000 over three years. The company says it has committed to continuing its support of the outstanding

News InsuranceMergers and Aqcuisitions

IIHS finds no clear safety implications from hand-held cell phone bans

October 15, 2009 by Canadian Underwriter

An Insurance Institute for Highway Safety (IIHS) report on the long-term effectiveness of driver hand-held cell phone bans has found differing effects. IIHS examined driver use of the devices in three jurisdictions where the practice of talking on a hand-held

News InsuranceLegalMergers and Aqcuisitions

B.C. privacy commissioner finds three more instances of jury checking by ICBC

October 15, 2009 by Canadian Underwriter

An audit by B.C.’s Office of the Information and Privacy Commissioner identified six occasions on which driving and claims information of jurors was accessed and in some of those cases, was disclosed to outside defence counsel representing ICBC.In May 2009,

News InsuranceLegal

Credit crisis no longer chief source of securities litigation: Advisen Ltd.

October 15, 2009 by Canadian Underwriter

The credit crisis is no longer the chief source of securities litigation in the United States, a recent report from Advisen says.“The third quarter [of 2009] saw a robust 169 new securities lawsuits filed, but the credit crisis is no

News InsuranceMergers and Aqcuisitions

What’s New: In Brief (October 15, 2009)

October 15, 2009 by Canadian Underwriter

Industrial Alliance Insurance and Financial Services Inc. announced the closing of its previously announced offering of 4 million shares, representing aggregate gross proceeds of Cdn$100 million.The shares yield 6% per annum, payable quarterly when declared by the board of directors.

News InsuranceLegal

Ontario-Quebec trade agreement calls for harmonizing approaches to insurance regulation

October 14, 2009 by Canadian Underwriter

An inter-provincial trade agreement, the Ontario-Quebec Trade and Cooperation Agreement, has come into force as of Oct. 1, and already some are calling for it to be more like the Trade, Investment and Labour Mobility Agreement (TILMA) between B.C. and

News Insurance

RIMS calls for higher standards of revenue disclosure from brokers

October 14, 2009 by Canadian Underwriter

The Risk and Insurance Management Society (RIMS) is calling for complete transparency and full disclosure of all revenue streams associated with the placement of insurance products. A new RIMS report, A Practical Guide to Insurance Broker Compensation and Potential Conflicts

News InsuranceMergers and Aqcuisitions

What’s New: In Brief (October 14, 2009)

October 14, 2009 by Canadian Underwriter

Arthur J. Gallagher International has opened a new office in Calgary, trading under the name Gallagher Energy Risk Services.  Former Aon energy leader Scott Heighington will head the new office.  He will be joined by David Braid and Robert Redden.John