1 Aon’s Ontario claims group has made a variety of new staff appointments. Eugene Savaia [1a] has been appointed senior claims consultant. Savaia has more than 26 years worth of insurance claims experience, most recently with Zurich North America Canada.…
**CORRECTION** This item corrects the organization’s name that appeared in an item posted on August 25, 2008. The Insurance Corporation of British Columbia (ICBC) reported a net income of Cdn$255 million for the first half of 2008, roughly the same…
**CORRECTION** This item corrects information previously published on Aug. 5, in which the company’s six-month profit figures were mixed up with the gross written premium figures. Canadian Underwriter apologizes for the error. The Co-Operators General Insurance Company reported a 2008…
An Old Financial Tool Gets New Applications
Kingsway Financial Services Inc. says it intends to repay outstanding debts under its US$175-million, three-year revolving facility before the end of July.The company arranged the credit facility with a syndicate of banks in June 2006. As of June 30, 2008…
Enhancements to tornado, hail and earthquake models are on the horizon, but whether or not Canada will ever have an overland flood model remains to be seen
Forecasting; The Insurance Institute of Canada has done a comprehensive survey to determine where the demographics of Canadian society will be taking the insurance industry workplace in the future
WICC Ontario held its 12th annual gala dinner on March 25, 2008 at The Westin Harbour Castle Hotel in Toronto. This dinner has become one of the key fundraising events for WICC and has grown tremendously since its inception over…
Independent Financial Brokers of Canada (IFB) is providing corporate errors and omissions coverage for life insurance agencies. The coverage, underwritten by Echelon General Insurance Company, is being offered as a solution for those caught in the gap between regulatory requirement…
Bonnie Lysyk, IBC’s new vice president, Ontario, has left her home province of Manitoba and its public auto insurance system to help reform Ontario’s private auto insurance market
Recent trends in nervous shock and practical tips for adjusting claims for psychiatric damage.
New trends in the collision industry will have an impact on the insurance industry.