Canadian Underwriter

Topic
Insurance


News AdjustersInsuranceLegal

Regulator allows adjuster to co-own a moving company that sells to insurers

August 9, 2018 by David Gambrill

In a clear conflict of interest case, the Insurance Council of B.C. has allowed an insurance adjuster who co-owns an adjusting firm with his wife to double as a minority owner in a moving and storage company that sells its

insPRESS Insurance

Cira appoints Sharon Anderson as Account Executive serving British Columbia Region

August 9, 2018 by SCM Insurance Services

VANCOUVER, British Columbia August 8, 2018/insPRESS — Cira Health Solutions, a trusted national provider of independent medical assessments, is pleased to announce the appointment of Sharon Anderson as Account Executive for Cira’s BC-based clientele. Ms. Anderson will be based out of

insPRESS Insurance

Pario Welcomes Joelle Reid to Concord Office

August 9, 2018 by SCM Insurance Services

CONCORD, Ontario August 9, 2018/insPRESS – Pario Engineering & Environmental Sciences LP (Pario), one of Canada’s top providers of specialized engineering and environmental services to the insurance and risk management industries, is pleased to announce the addition of Joelle Reid,

News AdjustersClaimsInsurance

Flood report: The city that saw a month’s worth of rain in under three hours

August 8, 2018 by Jason Contant

A “pocket storm” that dumped a month’s worth of rain on the City of Toronto in less than three hours Tuesday night has resulted in mostly sewer back-up and flooding claims, with few commercial losses, according to claims adjuster ClaimsPro.

News InsuranceLegislation / Regulation

How the old catastrophic impairment definition still affects Ontario auto insurers

August 8, 2018 by Greg Meckbach

It has been more than two years since Ontario changed the definition of catastrophic impairment, but Canada’s largest auto insurer is still dealing with claims that arose under the old cat definition. “Clearly, people are trying to get as much

News AppointmentsInsurance

CNA Canada announces new SVP and CFO

August 8, 2018 by David Gambrill

CNA Canada has appointed Greg Metcalfe as senior vice president and chief financial officer. In this role, he will be responsible for leading the finance and IT functions for CNA Canada. Metcalfe will report to Nick Creatura, president and CEO

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

How Quebec’s largest insurance brokerage just got larger

August 8, 2018 by David Gambrill

Quebec’s largest insurance brokerage, Lussier Dale Parizeau, just got larger with the acquisition of Trinome Conseils. Trinome Conseils assists companies, associations and groups at the provincial and national levels with group insurance, pension plans, occupational health and safety, human resources

News BrokersInsuranceMergers and Aqcuisitions

Canada’s fifth-largest brokerage expands with addition of Paisley-Manor

August 7, 2018 by Jason Contant

National commercial brokerage Navacord Inc. welcomes Toronto-based brokerage Paisley-Manor Insurance Brokers Inc., the third broker partner to join Navacord in 2018. Navacord trades under 10 different broker partner brands throughout Ontario, Alberta and British Columbia. Independent commercial insurance brokerage Paisley-Manor

News AppointmentsInsurance

Zurich Canada names new CEO

August 7, 2018 by Jason Contant

Zurich Insurance has appointed Saad Mered as CEO and chief agent of Zurich Canada, effective Oct. 1, 2018. Mered is currently chief claims officer for Zurich Insurance Group. He will be assuming the chief agent role from David Levinson, who

News InsuranceMarkets / CoveragesProducts

New Canadian auto insurance product coming soon

August 7, 2018 by Greg Meckbach

Intact Insurance will be soon launching a new iteration of its usage-based auto insurance (UBI), a company official says. The revelation came during a July 31, 2018 conference call about the insurer’s past quarter results. During the call, an investment

News Insurance

How Brexit affects this Canadian tech firm’s risk profile

August 7, 2018 by Greg Meckbach

A Canadian software company faces risk and uncertainty because Britain is leaving the European Union. “We face risks associated with the potential uncertainty and disruptions that may follow Brexit,” Open Text Corporation said Aug. 2 in a securities filing. Open

News AssociationsInsuranceMarkets / Coverages

How Ontario’s new government needs to handle the auto file

August 6, 2018 by Jason Contant

Although Ontario’s new Progressive Conservative government has not publicly disclosed its plans for auto insurance reform, the industry’s trade association has some thoughts on where it should go. Pete Karageorgos, director of consumer and industry relations with Insurance Bureau of