438 articles for Aug 2007
Russia
October 7, 2011 byThe number of Russian insurers is on the decline and new capital requirements will only reduce them further.
Staying Open for Business
October 3, 2011 byJust like large organizations, your small business clients should create a business continuity plan to ensure they have the recovery and continuity tools needed to stay open after catastrophe strikes
I’m Sorry
October 1, 2011 by Canadian UnderwriterApology legislation introduced throughout the country allows people to express regret without fear that the words “I’m sorry” might constitute an admission of liability in a court of law.
M&A Fireworks
September 1, 2011 David GambrillBetween 2005 and 2007, analysts routinely predicted an exciting explosion of mergers and acquisitions activity in the fragmented Canadian P&C market. But not much happened, and then the financial crisis doused the party in 2008-09. Now, M&A activity seems to be lighting up the Canadian P&C landscape. Do these deals suggest future M&A fireworks, or are they a prelude to a dud?
Strengthening the Base
August 1, 2011 David Gambrill, EditorRIMS President Scott B. Clark is a big believer in strengthening the organization’s local chapter base and expanding the political influence of risk managers, which may be of benefit to Canadian RIMS chapters in the future.
FirstOnSite Restoration Expands Leadership Team in British Columbia
June 29, 2011 Canadian Underwriter magazineLeader in disaster recovery adds industry experts to its roster June 29, 2011 – Toronto, ON – FirstOnSite Restoration, Canada’s largest independent restoration and disaster recovery company is pleased to welcome Joe DeAngelis, Chris Johannesen, and Steve McDonald, to its…
Quebec regulator offers $1.6 million in compensation to victims of investment scheme in connection with former insurance broker
May 11, 2011 by Canadian UnderwriterQuebec’s financial services regulator, the Autorité des marchés financiers (AMF), is paying out $1.6 million in compensation to 28 investors defrauded in an investment scam in connection with former insurance broker and financial advisor Carole Morinville.In August 2010, the AMF…
Established Rates Shift
March 31, 2011 Joel DagenaisClaims Assignments, Cost Trends Contain Powerful Lessons for Insurance Professionals; reliable information is vital to navigating unstable economy
On The Scene (April 01, 2011)
March 31, 2011 byCraig Ryther of Claridge Insurance Adjusters has successfully completed his CIP and FSCO All Classes Licensing Requirements. Ryther is beginning his fourth year in the industry working as an accident benefits, bodily injury and liability adjuster in the Barrie area.…
It Can Happen Here
March 1, 2011 David GambrillThe current hardship in Christchurch, New Zealand is a grim reminder that Western Canada needs to be far better prepared to protect itself against a similar threat of earthquake here in Canada.
Moves & Views (February 01, 2011)
February 1, 2011 by Canadian UnderwriterWendy Hillier has joined Intact Financial Corporation as vice president of procurement and claims supply chain. Hillier has held several key management positions with major insurance companies and has worked with all aspects of claims operations, including setting up high-performing…
Duty to Report
January 1, 2011 David McEwan, Q.C., and Fritz Gaerdes, Alexander Holburn Beaudin & Lang LLPA broker owes a duty of care to let a client know about negotiations concerning policy endorsements/exclusions, but a plaintiff that benefits from the negotiations will not be able to recover damages in court in the event the broker did not keep the plaintiff in the loop, a B.C. court has found.