Topic
Insurance
Ontario Appeal Court rules on overlapping coverage of judo club “members”
September 26, 2007 by Canadian UnderwriterThe Ontario Court of Appeal has ordered CGU Insurance Company of Canada to contribute an equitable share of Cdn$1 million to Cdn$2.75-million settlement following a 1996 judo accident at the University of Windsor Judo Club.CGU insured the association Judo Ontario…
What’s New: In Brief (September 26, 2007)
September 26, 2007 by Canadian UnderwriterThe Insurance Brokers Association of Canada announced its board of directors and executive committee for 2007-2008 at its annual general meeting in Whistler, B.C.The executive committee is comprised of: Larry Kozakevich, chairman; Danny Craig, president; Peter Fredericks, president-elect; Justin MacGregor,…
Toyota Canada considering entry into auto insurance market
September 26, 2007 by Canadian UnderwriterToyota Canada Inc. is eyeing the car insurance market as part of an aggressive expansion plan, reports the Globe and Mail.The giant vehicle manufacturer already offers insurance in several other countries, including Japan, Britain, France, Germany, Australia and Thailand, the…
Munich Re launches Internet portal
September 26, 2007 by Canadian UnderwriterMunich Re launched an Internet portal as a means to provide information on sustainability strategies and projects. The new portal will be the central information medium for the public, media, rating agencies and investors who wish to evaluate Munich Re…
What’s New: In Brief (September 25, 2007)
September 25, 2007 by Canadian UnderwriterA new poll by the Traffic Injury Research Foundation (TIRF) has found more than 2 million Canadians display aggressive driving behaviours.“An aggressive driver may not intend to harm others, but their behaviour elevates everybody’s crash risk,” says Vanlaar. “Speeding, taking…
Tow truck licensing responsibilities
September 25, 2007 by Canadian UnderwriterThe highest number of complaints the Municipal Licensing & Standards office for the City of Toronto receives is for tow trucks that bill more than the capped rate, Scott Sullivan, East office supervisor, Mobile Business Enforcement, Municipal Licensing & Standards,…
Avoiding the dangers of privacy legislation
September 25, 2007 by Canadian UnderwriterThe insurance industry has to set up a protocol for the exchanging of information between insurers thats consistent among all insurers, Norman Groot, lawyer, Investigation Counsel PC, told delegates at the Annual Toronto Fraud Forum. Certainly, I would encourage everyone…
Cooke Insurance acquires Hutchinson & Warren
September 25, 2007 by Canadian UnderwriterCharlie Cooke Insurance Agency Ltd. has acquired the shares of Maritime-based insurance brokerage Hutchinson & Warren Insurance Services Ltd. Hutchinson & Warren is a Cdn$9 million broker based in Rexton, N.B., a Cooke Insurance release says.With the purchase, Cooke Insurance…
IBAC sets sights on brokerage ownership and control
September 24, 2007 by Canadian UnderwriterWith the issue of the Bank Act officially retired as of early this year (for another five years, at least), the Insurance Brokers Association of Canada (IBAC) is now setting its sights on what brokers do when they choose to…
What’s New: In Brief (September 24, 2007)
September 24, 2007 by Canadian UnderwriterTen new drivers in Saskatchewan have received Cdn$1,000 after completing the Graduated Drivers Licensing program without any traffic convictions, suspensions or at-fault collisions.SGI is pleased to reward safe driving habits among our provinces new drivers, Phyllis Glowatsky, SGIs Manager of…
Al-Quaeda posing greater threat: Lloyd’s
September 24, 2007 by Canadian UnderwriterLloyds is warning that a growing network of cells spread throughout the world means the al-Qaeda brand is as strong as ever and capable of matching the devastation witnessed on 9/11.Referring to the International Institute for Strategic Studies (IIHS)s 2007…
What’s New: In Brief (September 24, 2007)
September 24, 2007 by Canadian UnderwriterAccording to the Canadian Crop Hail Associations hail report, Saskatchewans hail claims have surpassed the other Prairie provinces and are about 10% higher than the provinces 5-year average. Farmers from the communities of Reward, North Battleford, Meota, Cut Knife, Unity,…