Totten Insurance Group has selected Policy Bill to provide an outsourced point of sale solution for monthly payment plans. Dubbed the Totten Pay Plan, this new offering allows clients to pay for their Totten policy using a monthly payment option.…
A minor, Magnitude 4.4 tremor shook Manitoba and Saskatchewan in the early morning of Feb 1, 2012.Data from the U.S. Geological Survey located the quake at approximately five kilometers below the surface. “The epicentre is pinpointed to near Esterhazy, Sask.,…
Canada’s home, auto and business insurers are reminding homeowners and tenants to keep track of their possessions.“Often, home insurance policies automatically renew each year and consumers may not even think about what their policies cover,” Doug Noble, the Insurance Bureau…
Quebec’s auto insurer, the Societe de l’assurance automobile du Quebec (SAAQ), has suspended the licenses of six of the province’s driving schools, following reports that the schools were selling certificates to students who weren’t attending the lessons, according to CTV…
Crawford & Company (Canada) Inc. has announced three new appointments in it operations. Randy LaBrash is now director of GTS in western Canada. He will focus primarily on commercial large loss files handling within the region, as well as assume…
The Ontario Court of Appeal ordered a re-trial in a case that apportioned liability for a rear-end collision on the basis that the trial judge failed to resolve divergent testimony.In Martin-Vandenhende v. Myslik, the Appeal Court notes Janice Martin-Vandenhende was…
CARSTAR Automotive Canada Inc. has added a fourth location to the Ottawa market, in Kanata. CARSTAR Kanata (Allard’s) has more than 22,000-square-feet of production space, making it one of the largest collision centres in CARSTAR’s network. The building has approximately 2,000…
Floods that devastated Thailand’s industrial parks in 2011 have created opportunities for Canadian and other foreign companies to invest in local reinsurers that are in dire need of new capital, A.M. Best says.The flooding in Thailand resulted in an estimated…
Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, is introducing Characteristic Events (CEs), a new tool to assist insurance companies in assessing and managing catastrophe risk.CE intensity “footprints” are created using the…
The increasing integration of advanced vehicle technology (AVT) into vehicle design means insurers will have difficult decisions to make in the future about financing “cosmetic” versus “functional” repairs, delegates at the Canadian Collision Industry Forum (CCIF) heard in Toronto on…
ACE Canada, the Canadian-based operating division of the ACE Group, has appointed Steven Lucas as vice president of national accounts. Lucas will be responsible for leading the business development strategy and will act as the principal contact for ACE Canada’s…
Volatile capital markets and expanding regulations will challenge Canadian property and casualty insurers in 2012, but there are opportunities for success if insurers make the right moves, Ernst & Young says.“To reposition strategically for growth and remain high performers, insurers…