Segment
Brokers
Property Update
January 31, 2012 Glenn GibsonFor the past 20 years, I have had the pleasure of both developing and participating in a unique training school. The course is a six-day program that is cosponsored by the U.S. Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF)…
Alberta Insurance Act Changes
January 31, 2012 Delores ThorbourneA number of changes to the Insurance Act and related regulations in Alberta coming into effect July 2012, which will impact the handling of claims. Some of these changes are: changes to the limitation periods, notice of retainer by plaintiff’s…
Top 10 Insurance Decisions from 2011
January 31, 2012 Christopher DunnThe Ontario Court of Appeal was particularly busy this past year, while the Supreme Court of Canada rested a little in the wake of Progressive Homes v. Lombard in late 2010. Without further adieu, here are the insurance coverage cases…
Effective Claims Handling
January 31, 2012 Ian GoldSeven habits of highly successful claims handlers
The Slip Tester
January 31, 2012 Jason Young and Michelle LivingstoneSlips and falls are not trivial matters. With large claim values for fall injuries, insurers need to know the risks they face from exposure to liability. However, with differing standards for slip testing and instruments, it can be difficult to…
Fighting Fraud Through Financial Documentation
January 31, 2012 Michael Sigsworth and Darrell ShermanMedia coverage on the high cost of fraudulent claims to insurers and insureds alike has been extensive. But the fight against fraud is also costly, and more so if punitive damages are awarded as a result of mistakes in the…
Adjusting for Angst
January 31, 2012 byResponding to Psychological Injury Claims
On The Scene
January 31, 2012 byCarol Messervey, representing the Canadian Independent Adjusters Association’s Nova Scotia region, presents Lindsay Mackenzie of The Economical Insurance Group with the award for best results in Essentials of Loss Adjusting. ———- Sean M. Douglas has been appointed as the new…
IBAO launches online home inventory tool
January 30, 2012 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) has launched a new website tool, MyInsuraceShopper Know Your Stuff-Home Inventory, a free online home inventory software for consumers. The application was designed to help consumers create and update their home inventory easily…
John Foreman named as interim executive director of ORBiT
January 27, 2012 by Canadian UnderwriterThe Organization of Real Time Brokers Implementing Technology (ORBiT) has appointed John Foreman as interim executive director. ORBiT Canada is a national not-for-profit organization of Canadian insurance brokers and carriers dedicated to the advancement of real time transactions in the…
Re/insurers should consider cycles of earthquake clustering when underwriting quake risk: research
January 23, 2012 by Canadian UnderwriterThe occurrence of “giant” earthquakes is cyclical, not random, and therefore should cause reinsurers and insurers to reconsider their strategies for underwriting and pricing this risk, an EQECAT report suggests. Kate Stillwell authored EQECAT Inc.’s recent report Global Clustering of…
Brokers should consider and educate clients about cyber liability insurance
January 23, 2012 by Canadian UnderwriterBrokers can use the insights they gain from researching and insuring their own cyber risks to explain cyber liability coverage to their customers, says Melissa Snyder, president of the Insurance Brokers Association of Waterloo Region (IBAWR).Snyder discussed cyber liability risk…