News

Scientific evidence of the causes of global warming may reach a point of sophistication that supports allegations of liability for individuals, entities, industries and nations responsible for emissions of Green House Gases (GHG), Aon warns.In its report, Will Insurers be…

McLarens Canada announced the acquisition of Vanler Insurance Adjusters Ltd. on Sept. 27. Founded in 1993 in Toronto by Dennis Schembri, president, Vanler Insurance Adjusters Ltd. will become an integral part of the McLarens management team, according to a release.…

The Ontario Court of Appeal has sent a warning shot across the bow to insurers: notifying an insured that an OPCF 28A Excluded Driver Endorsement has been issued is not sufficient; a copy of the actual endorsement must be sent…

Research commissioned by Royal & SunAlliance (R&SA) found that one-third of 1,500 Canadian cottagers surveyed are unequipped for harsh weather conditions and only one-quarter of respondents keep their doors locked at all times when vacationing at their cottage.Specific to severe…

Lloyds has reported a pre-tax profit of 1.8 billion [approximately Cdn$3.65 billion], for the first six months of 2007, marking a 34% increase over last year.Lloyds saw a profit of 1.35 billion [approximately Cdn$2.74 billion] for the same period of…

Swiss Re launched the Climate Adaptation Development Programme (CADP), which is designed to offer financial protection for weather related risks in emerging countries, during the Clinton Global Initiative 2007 meeting. Swiss Re will partner with Millenium Promise, a non-profit whose…

Saskatchewan Government Insurance (SGI) has observed an increasing number of right-hand drive vehicles hitting Saskatchewan roadways, and has posted an online notice reminding motorists to put safety first.Although you are not required to pass any special road test or examination…

The catastrophic impacts of a long-lasting pandemic are not only likely to happen, but overdue, and will likely exceed what most corporate and governmental leaders have imagined, or are prepared for, says a report from Marsh and The Albright Group.The…

The Ontario Court of Appeal has ordered CGU Insurance Company of Canada to contribute an equitable share of Cdn$1 million to Cdn$2.75-million settlement following a 1996 judo accident at the University of Windsor Judo Club.CGU insured the association Judo Ontario…

The Insurance Brokers Association of Canada announced its board of directors and executive committee for 2007-2008 at its annual general meeting in Whistler, B.C.The executive committee is comprised of: Larry Kozakevich, chairman; Danny Craig, president; Peter Fredericks, president-elect; Justin MacGregor,…

Toyota Canada Inc. is eyeing the car insurance market as part of an aggressive expansion plan, reports the Globe and Mail.The giant vehicle manufacturer already offers insurance in several other countries, including Japan, Britain, France, Germany, Australia and Thailand, the…

Munich Re launched an Internet portal as a means to provide information on sustainability strategies and projects. The new portal will be the central information medium for the public, media, rating agencies and investors who wish to evaluate Munich Re…