Keyword
Claims
Crawford & Company announces “new simplified operating structure”
November 30, 2015 by Canadian UnderwriterCrawford & Company, the Atlanta, Georgia-based independent provider of claims management solutions to insurance companies and self-insured entities, announced a “new simplified operating structure” last week. The new structure is designed to capitalize on Crawford’s competitive position, enhance the firm’s…
ICBC launches phone line for Cantonese- and Mandarin-speaking customers
November 27, 2015 by Canadian UnderwriterThe Insurance Corporation of British Columbia (ICBC) announced on Friday that customers who speak Cantonese or Mandarin can now speak directly to ICBC in their language of choice, thanks to a new, dedicated phone line. Launched on Friday, the phone…
Spike in road fatalities disturbing to Manitoba Public Insurance
November 27, 2015 by Canadian UnderwriterManitoba has witnessed a 42% hike in road fatalities in the province over the last three months compared to the average number of fatalities over the same time period in the previous five years, Manitoba Public Insurance (MPI) reported Friday.…
Insurance Bureau of Canada, LexisNexis Risk Solutions and other partners contribute to national flood program
November 26, 2015 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) and other partners are collaborating on a national flood program to be led by the private sector. The new flood maps and supporting data, developed in partnership with LexisNexis Risk Solutions, JBA Risk Management,…
Vehicle collisions on the rise in four provinces, Allstate Canada study finds
November 26, 2015 by Canadian UnderwriterVehicle collisions in Alberta, New Brunswick, Nova Scotia and Ontario are on the rise, with a 7.3% increase in frequency rate from last year, according to the seventh annual Allstate Insurance Company of Canada Safe Driving Study released on Thursday.…
A year’s worth of rain falls on Qatar’s Hamad airport
November 25, 2015 THE ASSOCIATED PRESSDUBAI, United Arab Emirates – A year’s worth of rain deluged parts of Qatar on Wednesday as seasonal storms moving through Saudi Arabia flooded streets in a city northwest of the capital, Riyadh. The storm system clouded skies over parts…
Brain protein found in blood tests ‘prognostic for poor clinical outcome’ in concussion patients: Study
November 25, 2015 by Canadian UnderwriterBlood tests for a brain protein could predict cognitive impairment in patients with concussions, researchers suggested in a study released this week. Mild traumatic brain injury (TBI), or a concussion, “frequently doesn’t even receive medical attention,” the Philadelphia-based Perelman School…
2015 Q3 sees tenth consecutive quarterly decline for global insurance rates, casualty rate increases in certain regions driven by cyber
November 25, 2015 by Canadian UnderwriterCommercial insurance rates decreased globally during 2015 Q3 – posting a global composite decline of 4.8% – marking the tenth consecutive quarterly decline, notes the November 2015 edition of Marsh’s Global Insurance Market Quarterly Briefing. Released Tuesday, the briefing shows…
Polish government reopens debate over plane crash that killed president Kaczynski
November 25, 2015 Vanessa Gera - THE ASSOCIATED PRESSWARSAW, Poland – Poland’s new conservative government has shut down the website of a state investigation into the 2010 plane crash that killed President Lech Kaczynski, reopening debate over the disaster. Law and Justice, the conservative party that took power…
Allianz’s new three-year plan sets targets to increase earnings and profitability, implement digital processes
November 25, 2015 by Canadian UnderwriterAllianz SE plans to meet the transforming insurance industry head-on by strengthening resilience and creating scale in important markets in a bid to achieve new growth and profitability targets. The insurer “will strengthen its foundations with a multi-year Renewal Agenda,…
Allianz to sell coal-related bonds, double investment in wind power
November 24, 2015 David Rising - THE ASSOCIATED PRESSBERLIN – German financial group Allianz SE, one of the world’s largest asset managers, said Tuesday it would over the next six months decrease investments in companies using coal and boost funding on those focused on wind power. CEO Oliver…
XL Catlin launches online portal to help clients address data breaches
November 24, 2015 by Canadian UnderwriterIn light of the increasing magnitude and sophistication of cyber threats, XL Catlin’s Cyber & Technology insurance business announced Monday that it is offering an online resource giving clients access to support for cyber security readiness and incident response services.…