News
The Co-operators works to move forward on sustainability
May 8, 2012 by Canadian UnderwriterThe Co-operators has set its sights on building on the progress made in 2011 as part of company efforts to become a catalyst for sustainability and to work to mobilize others. Take a Closer Look, the company’s eighth annual sustainability report,…
Swanarchuk appointed to head up sales at Grain Insurance & Guarantee
May 8, 2012 by Canadian UnderwriterRick Swanarchuk has been appointed vice president of sales, marketing and distribution at Grain Insurance & Guarantee. Swanarchuk has 13 years of experience in the Canadian property and casualty market, and will lead the national sales, marketing and distribution team,…
10 habits of highly ineffective drivers
May 8, 2012 by Canadian UnderwriterSympatico.ca Autos is counselling drivers to cure themselves of 10 bad habits that frequently lead to vehicle collisions. These bad habits are as follows: Holding the wheel incorrectly. For example, the wheel should not be held with the wrist draped…
Insurers should prepare for the rise of the emerging global middle class
May 7, 2012 by Canadian UnderwriterA huge market for personal insurance — perhaps as much as 1 billion people — is about to emerge in developing countries, and this new global middle class will need to learn all about insurance. The global growth and transformation of the…
LawPRO appoints Susan McGrath as board chair
May 7, 2012 by Canadian UnderwriterLawPRO, the professional indemnity company for Ontario’s lawyers, has appointed Susan T. McGrath as chair of its board of directors. A sole practitioner based in Iroquois Falls, McGrath has held leadership roles with the Cochrane Law Association (president, 1983-1984), the…
Canadian automotive recyclers call for national approach to the environmental management of end-of-life vehicles
May 7, 2012 by Canadian UnderwriterAutomotive Recyclers of Canada (ARC) is calling for a national approach to the environmental management of end-of-life vehicles (ELVs) in Canada. In a submission to the Canadian Council of Ministers of the Environment, ARC notes that although ELV processors are…
SGI marks launch of educational campaign during Motorcycle Safety Week
May 7, 2012 by Canadian UnderwriterMotorcycle riders and other motorists in Saskatchewan are being reminded throughout the month of May to keep safety top of mind. Saskatchewan Government Insurance (SGI), the Saskatchewan Safety Council (SSC) and the RCMP have jointly launched an educational campaign as…
Crawford appoints Lori Festarini as environmental leader
May 7, 2012 by Canadian UnderwriterCrawford & Company (Canada) Inc. has a new environmental leader in Lori Festarini, who has 21 years of experience in environmental consulting and geoscience. As an environmental leader in Crawford’s Global Technical Services (GTS) division, Festarini will report to GTS’s…
Ontario moves toward wage freeze for doctors through “rebalancing” OHIP fees
May 7, 2012 by Canadian UnderwriterOntario is moving toward a real wage freeze for doctors, expected to result in savings of $338.3 million in 2012-2013. “The government is updating and rebalancing OHIP fees to better reflect current medical practices and new technologies and to avoid…
Swiss Re results rebound in 2012 Q1
May 4, 2012 by Canadian UnderwriterSwiss Re rebounded nicely from a loss of US$665 million in 2011 Q1 to a gain of $1.1 billion in 2012 Q1, results that seem to auger well for the company’s 2011-15 plan. “We aim to capture the opportunities we…
EGI Financial acquires CUISA Managing General Agency
May 4, 2012 by Canadian UnderwriterEGI Financial Holdings Inc. has acquired CUISA Managing General Agency. Based in B.C., CUISA MGA provides insurance services to 160 credit union-owned insurance broker offices across the province. By gaining access to distribution through credit unions, the acquisition means EGI…
EQECAT releases Japan quake model
May 4, 2012 by Canadian UnderwriterEQECAT has released an earthquake model for catastrophic risk that uses three-dimensional representation of seismic source geometry to capture Japan’s unique seismic settings. Incorporated into EQECAT’s global multi-peril platform, the Japan model offers region-specific innovations in both hazard and vulnerability.…