438 articles for Aug 2007
Canada needs more coordinated approach to climate change, ship source oil spills: auditor report
December 8, 2010 by Canadian UnderwriterCanada’s commissioner of the environment and sustainable development has criticized the federal government for not showing sustained leadership or responding in a coordinated way to the risks associated with climate change.Also in his 2010 Fall Report, commissioner Scott Vaughan calls…
On the Scene (December 01, 2010)
November 30, 2010 byDeanna Hodges has joined Insignia Forensic Group Inc. Hodges is a chartered accountant who has specialized in insurance loss quantification for 10 years, with a particular expertise in income replacement benefit calculations. • Granite Global Solutions Inc. — the holding…
Canadian Connections to Global P3s
November 1, 2010 Bill LaCourt, Senior Vice President, Marketing, Swiss Re & Nikhil Da Victoria Lobo, Vice President,Canada has helped fund the world’s first multinational parametric reinsurance facility, located in the Caribbean. It’s one example of a public-private partnership (P3) model that may serve the Canadian marketplace well as it considers the possibility of offering overland flood coverage.
WINMAR and DKC Canadian Esporta Exclusivity Comes to an End
October 27, 2010 Canadian Underwriter magazineOctober 25, 2010 – Kelowna, BC – It was announced today that the Esporta Wash System exclusivity agreement with WINMAR Property Restoration Specialists and Disaster Kleenup Canada has come to an end. In 2007 WINMAR and DKC signed an agreement with…
Despite absence of documented employment history, injured man is ’employed’ for IRB benefit purposes: Ontario arbitrator
September 2, 2010 by Canadian UnderwriterAn Ontario arbitrator found a man seriously injured in an auto accident to be ‘employed’ for the purpose of calculating income replacement benefits, even though his contract was oral and he did not work long enough at his new job…
The Contingent Question
August 11, 2010 byRecent events mark the “disclosure” stage of a long-running debate.
Insurance Council of B.C. fines agency, marketing manager for improper access to ICBC rate information
August 10, 2010 by Canadian UnderwriterThe Insurance Council of B.C. has published its intention to fine Family Insurance Solutions Inc. $20,000 and its marketing manager, Graham Nelson Doerr, $10,000 for improperly obtaining vehicle rating information from the province’s public insurer, the Insurance Corporation of B.C.…
A Sure(ty) Thing…
August 4, 2010 byThe business was interesting enough–guaranteeing the contractual performance of primarily construction companies and then fixing the problem and paying the shortfall if they failed. Further, the fact that surety involves the pre-qualification of those companies and a continuous evaluation of…
The Domino Effect
August 1, 2010 Vanessa MarigaEuropean regulators have proposed very stringent capital requirements for the European insurance market as part of Solvency II. Risk managers in both Europe and Canada are concerned these requirements might have a ‘domino effect’ on the Canadian market, featuring shrinking coverage availability, higher prices and, potentially, mergers and acquisitions.
Crawford & Company (Canada) appoints two new branch managers
May 18, 2010 by Canadian UnderwriterBrian Hambly has been promoted to branch manager of Crawford & Company (Canada) Inc.’s Toronto East branch. Hambly joined Crawford in 1995. He specializes in commercial auto and CGL claims, and has been the control adjuster for several car rental…
Bridging Science and Society
May 1, 2010 Vanessa Mariga, Associate EditorGordon McBean, director of policy at the Institute for Catastrophic Loss Reduction (ICLR), recently received the Order of Canada for his research on climate change.
FSCO orders claimant to produce medical records of alleged prior accidents
April 15, 2010 by Canadian UnderwriterThe Financial Services Commission of Ontario (FSCO) has ordered a claimant to produce OHIP records and the clinical notes of his family doctor dating back to motor vehicle accidents that allegedly occurred up to five years prior to the 2005…