Topic
Legal
Moves & Views
October 1, 2011 by Canadian UnderwriterReid French has been appointed CEO of Applied Systems. He succeeds James P. Kellner, a 26-year veteran of Applied Systems, who has served as chairman and CEO since 1998. Kellner is taking on the role of non-executive chairman of the…
Night at the Races
October 1, 2011 by Canadian UnderwriterFred De Francesco and Bill Blakeney hosted a Night at the Races fundraiser at Woodbine Racetrack on Sept. 7. Featuring special guest and Toronto Mayor Rob Ford, the evening trackside fundraiser in support of WICC (Women in Insurance Cancer Crusade)…
Playing Fair
October 1, 2011 Vanessa MarigaBrokers and industry stakeholders across Canada generally support the introduction of Administrative Monetary Penalties (AMPs) in jurisdictions that do not currently have them – particularly in Ontario. AMPs are viewed as a middle ground between a “slap on the wrist” and quasi-criminal proceedings, enabling insurance regulators to issue a penalty proportionate to the infraction.
I’m Sorry
October 1, 2011 by Canadian UnderwriterApology legislation introduced throughout the country allows people to express regret without fear that the words “I’m sorry” might constitute an admission of liability in a court of law.
IBC proposes its voluntary code on credit scoring as the basis for future regulatory framework
September 30, 2011 by Canadian UnderwriterInsurance Bureau of Canada (IBC) is holding up its voluntary Code of Conduct for Insurers’ Use of Credit Information as the basis for some kind of regulatory framework on credit scoring.Such a regulatory framework would be an alternative to banning…
B.C. brokers maintain call for ban on credit scoring; alternative would be to regulate based on U.S. model
September 30, 2011 by Canadian UnderwriterThe Insurance Brokers Association of B.C. (IBABC) maintained its support of a ban against credit scoring in a submission to the Canadian Council of Insurance Regulators (CCIR).But if credit scoring is to be allowed, the regulatory framework should follow that…
Ontario court criticizes insurer for not inspecting fine art collection prior to binding coverage in fire case
September 30, 2011 byThe Ontario Superior Court of Justice ruled against awarding punitive damages against Chubb Insurance Company of Canada in a case involving the destruction of a high-end art collection in a 1997 fire. In doing so, however, the court ruling took…
Adjusters in the Field
September 30, 2011 Greg MerrithewWorkplace safety and the role of the adjuster
Green Energy
September 30, 2011 Allison KlymyshynAn Emerging Insurance Issue
On The Scene
September 30, 2011 byFirstOnSite has expanded its Ontario management team with three new appointments. Steve Gregg is now district manager of the GTA. In this role, he will oversee the operations and service delivery of several FirstOnSite locations across Southern Ontario. Jim Mandeville…
WICC Ontario Golf
September 30, 2011 byMore than 220 golfers attended the 12th annual WICC Ontario Golf Tournament on July 11 at Angus Glen Golf Club in Markham, Ont. Attendees enjoyed a barbeque lunch, silent auction, raffle and dinner. A WICC cheque for $250,000 was presented…
Winmar Toronto/Brampton and Gilbertson Davis Emerson boat cruise
September 30, 2011 byMore than 150 guests boarded the Yankee Lady III for a four-hour tour of the Toronto harbour. The third annual event, co-sponsored by Winmar Toronto/Brampton and Gilbertson Davis Emerson LLP, raised $5,000 for Kerry’s Place Autism Services. The cruise, held…