Topic
Insurance
What’s New: In Brief (September 22, 2009)
September 22, 2009 by Canadian UnderwriterThe qualification and registration committee of Registered Insurance Brokers of Ontario (RIBO), a self-regulatory body for the province’s insurance brokers, is reminding brokers that if they take on employment outside of brokering, they need to resign their registration immediately.“We consistently…
FirstOnSite Appoints Robert Parizeau to Director of Technical Resources
September 22, 2009 FirstOnSite Restoration L.P.Toronto, September, 2009 FirstOnSite Restoration L.P. announced today that it has appointed Robert Parizeau as Director of Technical Resources. Reporting directly to the Vice President of National Operations and working from FirstOnSites head office in Toronto, Roberts key focus will…
Exploring Disturbances to Arctic Atmospheric Chemistry as a Major Cause of Accelerated Climate Change in this Region
September 22, 2009 Institute for Catastrophic Loss Reduction (ICLR)The Institute for Catastrophic Loss Reduction is pleased to invite you to participate in a workshop with Brian Stocks of B.J. Stocks Wildfire Investigations Ltd. The 2008 Arctic Research of the Composition of the Troposphere from Aircraft and Satellites (ARCTAS)…
California attorney general to investigate credit agencies’ possible role in financial crisis
September 21, 2009 by Canadian UnderwriterCalifornia’s attorney general, Edmund G. Brown, has issued subpoenas to Standard & Poor’s, Moody’s and Fitch as part of an investigation into whether or not the credit agencies’ role fuelled the financial crisis.“Standard & Poor’s, Moody’s and Fitch put their…
Proposed pandemic endorsement would extend the term of an expiring policy after emergency is declared
September 21, 2009 by Canadian UnderwriterA pandemic endorsement first proposed by insurance brokers is now pending approval by the board of Insurance Bureau of Canada (IBC).The premise of the proposed endorsement, brought to IBC by the Insurance Brokers Association of Canada (IBAC) and the Toronto…
What’s New: In Brief (September 21, 2009)
September 21, 2009 by Canadian UnderwriterThe Economical Insurance Group (TEIG) has become a development partner of the RMS insurance-to-value data validation service. The company has committed Cdn$150,000 towards the research and development of the ITV utility.In addition, the company will work closely with RMS during…
What’s New: In Brief (September 21, 2009)
September 21, 2009 by Canadian UnderwriterTwo brothers face a combined total of 33 counts of fraud following one of the most extensive fraud cases ICBC has ever investigated, the corporation reports. The trial began Sept. 18 at the Surrey Provincial Court. After receiving an anonymous…
The Economical Insurance Group Partners With SCM Risk Management Services to Become the First Insurer Development Partner of the RMS Insurance to Value Data Validation Service.
September 21, 2009 EconomicalWaterloo, Ontario The Economical Insurance Group (TEIG) is pleased to announce that it has become a development partner of the RMS ITV data validation and indexing solution. TEIG has committed $150,000 toward the research and development of this brand new…
Some elements of graduated licencing more effective than others: TIRF
September 18, 2009 by Canadian UnderwriterA Traffic Injury Research Foundation (TIRF) report has shown that some specific elements of graduated driver licencing (GDL) programs prove to be more effective at reducing the relative fatality risk than others.A sound body of evidence documenting the effectiveness of…
Co-operators Life and Central 1 Credit Union to buy CUMIS Group Ltd. for Cdn$232 million
September 18, 2009 by Canadian UnderwriterCo-operators Life Insurance Company and Central 1 Credit Union (Central 1) have announced an agreement to acquire The CUMIS Group Limited (CUMIS) for approximately Cdn$232 million.The deal is subject to regulatory, shareholder and court approvals and other standard closing conditions.…
Public supports alcohol detection devices in all vehicles, IIHS finds
September 18, 2009 by Canadian UnderwriterApproximately two of three respondents to an Insurance Institute for Highway Safety (IIHS) survey said they like the idea of using advanced technology, assuming the technology is reliable, to stop drunk drivers from operating their vehicles.A total of 1,004 people…
Marsh Inc. acquires Bermuda captive manager
September 18, 2009 by Canadian UnderwriterMarsh Inc. has announced the acquisition of International Advisory Services Ltd. (IAS), a captive and third-party insurance company in Bermuda. Terms of the transaction were not disclosed.“The acquisition strengthens Marsh’s position as a global leader in managing captive insurance companies…