Segment
Brokers
Industry posts solid premium growth, lower combined ratio
March 31, 2013 byThe Canadian property and casualty insurance market saw substantial growth in premiums in 2012, largely because of growth in personal lines, including improvement in Ontario auto results, according to preliminary data from MSA Research. The industry’s combined ratio for the…
OSFI release final earthquake exposure guideline
March 31, 2013 byThe Office of the Superintendent of Financial Institutions (OSFI) released the final revised version of its Earthquake Exposure Sound Practices (Guidelines B-9) in late February, following public consultations that began last August. The revised guideline comes from a working group…
Auto collision repair costs to increase: report
March 31, 2013 bySoftware maker Mitchell International Inc. recently released predictions for the property and casualty insurance and automotive repair industries, forecasting lower prices for recycled parts, an overall increase in the cost to repair damaged vehicles and an increased demand for cloud…
More severe storms predicted for 2013
March 31, 2013 byForecast services company ImpactWeather has released a prediction for this year’s hurricane season, suggesting that 2013 will have a series of storms more severe than last year. Based on “averages of past seasons, ocean temperature trends, and the absence of…
FSCO nears halfway point of mediation backlog pilot
March 31, 2013 byThe Financial Services Commission of Ontario (FSCO) is reaching the midway point of a six-month pilot aimed at streamlining part of its mediation process and saving mediators’ time. Effective Jan. 2, the pilot program allows the parties involved in mediation…
Start Up
March 31, 2013 Craig HarrisBrampton, Ontario’s Dara Banga caught the entrepreneurial bug and launched his own adjusting firm, DSB Claims Solutions, just over a year ago. His main weapon? A singular focus on quality and customer satisfaction.
Collision Course
March 31, 2013 John NorrisCar repair facilities are under financial pressure – one estimate suggests that half of all shops could close within ten years
The Cost of Ignorance in Structural Engineering
March 31, 2013 Dr. Farhood NowzartashFrom the seven ancient wonders of the world, the only one left standing today is the Pyramid of Khufu in the Egyptian desert. Any man-made environment is destined to vanish eventually, but we are convinced that buildings will stand forever.…
Risk and the Older Driver
March 31, 2013 Angela VeriWhy your future caseload may increasingly include clients 50+ years of age
The MIG’s Grey Area
March 31, 2013 Tammie NornA recent decision raises questions on what is – and what isn’t – included in the Minor Injury Guideline (MIG)
What exactly is an “Accident?”
March 31, 2013 Daniel StrigbergerConflicting decisions have made the interpretation about as clear as mud
The Other Side of the Fence
March 31, 2013 Darcy MerkurOne lawyer argues that Independent Medical Exams are often unnecessary