Segment
Brokers
New Brunswick wants cap moved to $7,500
July 31, 2012 byNew Brunswick is proposing to increase its $2,500 cap on minor auto injuries up to $7,500 and develop a new definition for minor injuries that would see fewer people come under the cap. The government tabled its report in late…
Are Pedestrians and Cyclists Covered Under Auto Insurance?
July 31, 2012 Leonard Kunka and Carr HatchWith the near tropical winter most Ontarians experienced this year, the number of cyclists on our roads in January and February was higher than ever. This naturally led to a rise in the number of accidents involving bicycles and motor…
Quebec insurer to pay for claim involving tree falling on car
July 31, 2012 byA Quebec man killed when a tree fell on the vehicle he was driving in the City of Westmount must turn to the province’s auto insurer for compensation, the Supreme Court of Canada recently ruled, rejecting the man’s civil lawsuit…
Driven to Distraction
July 31, 2012 James GeuzebroekA single mother was driving with her young son north of Toronto on Canal Road in the Holland Marsh one night a few years back. It was a cloudy and starless sky. She was on the phone. In a matter…
Consumers reduce reliance on insurance in harsh economy
July 31, 2012 byFaced with the prospect of rocky economic times, Canadians are cutting back on the insurance they are buying, a 2012 survey commissioned for TD Insurance states. The Environics Research Group survey conducted for TD found that 42% of Canadians are…
Clinical Perspectives on the MIG
July 31, 2012 Dennis GiesbrechtFrom the clinical perspective, the Minor Injury Guideline (MIG) in Ontario is a rather blunt tool. While a more precise tool is being prepared for use, it is not available yet, and we are likely to need to deal with…
B.C. supreme court rules fraudsters should pay punitive damages
July 31, 2012 byThe Supreme Court of British Columbia has ordered defendants in a vehicle fraud scheme to pay damages, including punitive damages, to the Insurance Corporation of British Columbia (ICBC). The court reportedly ordered 11 or so defendants to pay a total…
Western Financial acquires B.C. Yacht
July 23, 2012 by Canadian UnderwriterWestern Financial Group (Western) has acquired B.C. Yacht Insurance Brokers Inc. (B.C. Yacht), as of July 1. B.C. Yacht is headquartered in Sidney, British Columbia and is Sidney’s only specialized marine insurance brokerage. The deal is Western Financial Group’s second…
CSIO appoints Pranab Pandey as manager of standards and business process improvements
July 19, 2012 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) has appointed Pranab Pandey to the position of manager of standards and business process improvements. Pandey joins CSIO from TATA Consultancy Services, where he held various positions in project management, operations and…
Three homes heavily damaged in B.C. landslide
July 13, 2012 by Canadian UnderwriterA number of residents remained unaccounted for after a large landslide severely damaged three homes in Johnsons Landing, a remote British Columbia community on the northeast shore of Kootenay Lake. A state of local emergency has been declared for the…
Storm floods Edmonton freeway, closes centre
July 13, 2012 by Canadian UnderwriterAn east-west band of Edmonton was particularly hard hit by a severe thunderstorm in the early hours of July 12, 2012, resulting in some roadways being flooded and the temporary closing of a recreational centre. With the exception of the…
Moore-McLean Insurance Group appoints John Belyea as chief operating officer
July 10, 2012 by Canadian UnderwriterMoore-McLean Insurance Group, an independent insurance broker in Ontario, has appointed John Belyea as its chief operating officer. During his 23-year career, Belyea has held numerous leadership positions in the insurance brokerage industry, beginning with Trivest Insurance Network in 1989…