Topic
Legal
No-Fault
May 31, 2011 Barbara L. Devlin and Gregory S. PunDeduction of No-Fault (Part 7) Benefits from Motor Vehicle Accident Damages Awards in British Columbia
On The Scene
May 31, 2011 byRegional Spotlight: Ontario Regional president: Richard Swierczynski, AZ Claims Services Inc., president, phone: 905-825-0027, fax: 905-825-5543First vice president and chair of sick & vigil committee: Teresa Mitchell; Crawford Global Technical Services, senior adjuster, phone: 705-728-5597, fax: 705-728-2167Treasurer and chair of…
The Honourable Order of the Blue Goose International Scotch Nosing
May 31, 2011 byThe Honourable Order of the Blue Goose International, Ontario Pond held its 11th annual Scotch Nosing on Apr. 27 at the One King West Hotel & Residence. The evening started with cocktails in The Vault, followed by dinner in the…
RIMS 2011 Annual Conference & Exhibition
May 31, 2011 byVancouver was host to the RIMS 2011 Annual Conference & Exhibition May 1–5. The risk and insurance industry community took advantage of the exceptional beauty of the city and surroundings to hold and attend numerous receptions, special events, dinners and…
WICC Ontario annual gala dinner
May 31, 2011 byWICC Ontario held its 15th annual gala dinner, ICONIC, on Apr. 13, 2011 at The Westin Harbour Castle Hotel in Toronto. WICC dinner co-chairs and evening emcees Michael Butler and Marian Adamson introduced WICC co-chairs Carolyn Horan and Jean Faulkner…
Ontario Divisional Court sets aside FSCO director delegate ruling in Pastore
May 31, 2011 byThe Ontario Divisional Court ruled in Aviva v. Pastore that the determination of a Class 4 (marked) or Class 5 (extreme) psychological impairment under subsection (g) cannot include consideration for pain associated with physical injuries. The decision reverses a Financial…
BC regulator supports privacy commissioner decision regarding improper use of information around credit scoring
May 30, 2011 by Canadian UnderwriterBritish Columbia’s Financial Institutions Commission (FICOM) is supporting a recent privacy commissioner ruling that found an insurer failed to comply with privacy laws around the collection and use of personal information related to credit scores. The Office of the Information…
Honda Canada warns customers about data security breach
May 30, 2011 by Canadian UnderwriterHonda Canada has advised its customers of a data breach involving the unauthorized access of 2009 records, including names, addresses, Vehicle Identification Numbers (VIN) and, “in a small number of cases,” Honda Financial Services (HFS) account numbers.The breach has reportedly…
Auctions carry regulatory risk and uncertainty in M&A scenarios: commercial lawyer
May 27, 2011 by Canadian UnderwriterInsurers being sold through an auction channel, rather than through a traditional acquisition deal, face greater regulatory risk and uncertainty of the transaction being completed, said Brian Rose, senior partner with Stikeman Elliott’s corporate commercial section.Rose spoke as a panel…
The Economical says “no turning back” from demutualization now
May 27, 2011 by Canadian UnderwriterThe Economical is continuing its dual-track approach to demutualization, which could either take the form of an initial public offering (IPO) or a “sponsored demutualization,” through a sale of some or all of the company to strategic partners.“I want to…
Supreme Court of Canada agrees to hear case of a rotten tree killing a young man seated in a parked car
May 24, 2011 by Canadian UnderwriterThe Supreme Court of Canada has granted leave to appeal the decision of the Quebec Court of Appeal in Ville de Westmount c. Richard Rossy et autres.Gabriel Rossy was killed in 2006 when a rotten tree fell on top of…
MPI seeks public comment on discussion paper outlining road safety options
May 20, 2011 by Canadian UnderwriterManitoba Public Insurance (MPI) is seeking public comment on options for promoting road safety.MPI notes 100,000 drivers in Manitoba are involved in collisions each year. The direct cost of claims is in excess of $650 million annually, with injuries accounting…