438 articles for Aug 2007
Auditor satisfied with draft bill increasing insurance limits for nuclear facilities
March 10, 2008 by Canadian UnderwriterCanada’s auditor general is satisfied Natural Resources Canada has taken steps to update the insurance requirements for the country’s nuclear facilities.The Nuclear Liability Act, which came into force in 1976, currently limits the liability of a nuclear operator for any…
Eco Insurance
March 1, 2008 Craig HarrisThe scientific consensus on climate change has spurred some insurance companies to act by introducing products that deal with the causes and exposures of global warming. While ambitious insurance coalitions have been formed in the United Kingdom and United States…
The Risk House
March 1, 2008 Paul Barlow, Manager Insurance & Claims, South Coast British Columbia Transportation Authority (TranBy expanding the role of the captive to that of the “risk house,” and establishing one focus for all risks, a captive would allow for a more integrated and effective management of risk As corporations continue to grow through mergers…
Views (March 01, 2008)
March 1, 2008 by Canadian UnderwriterThe CIP Society, a division of The Insurance Institute of Canada, has named Jack Lee, vice president and national marketing manager of BFL Canada, the 2007 recipient of the Greater Toronto Area Fellow of Distinction Award. “Jack has been a…
A Call for Action on Climate Change
February 1, 2008 Vanessa MarigaPaul Kovacs, the executive director of the Toronto-based Institute for Catastrophic Loss Reduction, woke up one morning to find out the Intergovernmental Panel on Climate Change (of which he is a member) shared a Nobel Peace Prize alongside Al Gore for producing and promoting climate change research
Water, Water Everywhere
February 1, 2008 David GambrillCanada’s insurers are experiencing a flood of water damage claims, thanks to a variety of factors. At the same time, they might be on the verge of re-thinking the absence of coverage
WICC Ontario Breakfast
January 31, 2008 byNeil Crone, actor, comic, cancer survivor and national cancer spokesperson, provided his perspective on life, health and the power of laughter at the Nov. 7, 2007 Annual WICC Ontario Breakfast at the Arcadian Court in Toronto. Crone, “actor/improviser/ writer/all-round good…
Ontario court allows plaintiff lawyers to switch class-action representatives mid-stream
January 15, 2008 by Canadian UnderwriterThe Ontario Superior Court has denied an appeal by a defendant in a class action liability case that essentially allowed a trial lawyer to switch representative plaintiffs in mid-stream.The decision raised the issue of whether defence lawyers were, as a…
MPI reports favourable results
January 15, 2008 by Canadian UnderwriterManitoba Public Insurance (MPI) reported a profit of Cdn$80.4 million for the nine months ending Nov. 30, 2007, marking an increase over the Cdn$59.1 million reported during the same period in 2006. MPI later this spring intends to return Cdn$63…
Profile: Seeking Compassionate Generalists
January 1, 2008 David GambrillOIAA president Alan Gallagher says the association is employing job fairs as one way to recruit caring people with a well-rounded education into the profession
Views (January 01, 2008)
January 1, 2008 by Canadian UnderwriterFive years ago, Nancy Thorne of Carnahan Taylor Fowler Insurance conceived the idea of organizing a “Fun Night,” during which insurance professionals in New Brunswick could demonstrate a collective effort in the fight against cancer through enjoyable grassroots fundraising efforts.…
Diary of Urban Flooding
December 1, 2007 Dan Sandink, Research Coordinator, Institute for Catastrophic Loss ReductionThe author arrived in Calgary on the heels of a major flood in June 2007 and gauged the public’s response. Here’s what he found