438 articles for Aug 2007
BB&T buys Canadian-based CAFO Inc. (August 24, 2006)
August 24, 2006 by Canadian UnderwriterBB&T Corporation (NYSE: BBT), a principal subsidiary of Branch Banking and Trust Company, has agreed to buy insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from Mellon Financial Corporation (NYSE: MEL).Terms of the transaction were…
What’s New: In brief (August 09, 2006)
August 9, 2006 by Canadian UnderwriterZurich North America Commercial, a unit of the Zurich Financial Services Group, will welcome Mike Foley of McKinsey & Co. to the position of chief operating officer as of Sept. 1. Foley’s responsibilities will include taking charge of all operating…
Views (August 01, 2006)
August 1, 2006 by Canadian UnderwriterCameron & Associates Insurance Consultants Ltd. and130 guests celebrated the company’s move to 55 York St. in Toronto with an Open House on May 31, 2006. James Cameron, president of Cameron & Associates, said the move “accommodates growth and better…
New national P&C conference to be launched in 2007
July 4, 2006 by Canadian UnderwriterA new Canadian insurance conference, planned for the end of September 2007, will bring together CEOs and senior executives of the property and casualty insurance industry.The inaugural National Insurance Conference of Canada (NICC) will be held in Montreal from Sept.…
Regulators suspend broker over fraudulent auto claim
March 28, 2024 by David GambrillA former Alberta broker who was suspended for a year last July for submitting a fraudulent auto insurance claim has had her B.C. licence suspended for a year, starting March 2024. B.C.’s insurance council said it was revoking her licence…
What’s on Dec? | Episode 13 | Auto theft summit
March 18, 2024 by Canadian UnderwriterIn February, the federal government heeded auto insurers’ call for a summit to address the rising rates of auto theft across the country. In 2022, Canada’s P&C industry paid out $1.2 billion in auto theft insurance claims, the first time…
Where to find recession-proof clients to help grow your business
July 28, 2022 by David GambrillGlobal recession can not only change the way insurance does business, but it also may change the way your clients do business – which may lead to the next big recession-proof opportunities for insurance sales growth. Economies in recession don’t…
Why insureds might need parametric coverage alongside conventional policies
June 1, 2022 Megan LinkinWhen Hurricane Ida made landfall on Aug. 29, 2021, a handful of parametric insurance policies in Swiss Re Corporate Solutions’ portfolio were affected and potentially triggered. By Sept. 1, all relevant data for determining if the hurricane’s winds met policy-defined…
30 Forensic Engineering Is Proud to Announce the Promotion of Raffi Engeian MBA, P.Eng. to Practice Lead of Our Special Investigations Group
March 11, 2022 -30- Forensic EngineeringTORONTO, ON, MARCH, 11, 2022 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensic firm, is pleased to announce the promotion of Raffi Engeian MBA, P.Eng. to Practice Lead, Special Investigations. Raffi is a highly respected and sought-after collision reconstructionist, special…
When is someone catastrophically impaired after multiple car accidents?
February 4, 2022 David GambrillThe courts continue to grapple with the thorny question of determining catastrophic impairment in cases when a claimant has been injured in multiple vehicle accidents. Most recently, an Ontario court overturned the insurer’s appeal of an accident benefits case, in…
Covid-19 Litigation Update: Coverage, Liability & Trending Issues
January 27, 2022 by Jessica HutchingsAs we enter into the third year of the Covid-19 pandemic, this webinar will provide an overview and updates through the lens of litigation as it relates to the insurance industry. Pertinent topics addressed will include insurance coverage, liability of…
Lessons from Fort McMurray: FIRST ONSITE reflects on the five-year anniversary of wildfires
April 26, 2021 FIRST ONSITE Property RestorationMISSISSAUGA, ON, APR. 26, 2021/insPRESS/ – Five years ago, Fort McMurray, Alberta was hit by devastating wildfires. FIRST ONSITE Property Restoration, a company that mobilized up to 1,500 personnel to support first responders, citizens and businesses, looks back at the…