Segment
Brokers
IBC proposes its voluntary code on credit scoring as the basis for future regulatory framework
September 30, 2011 by Canadian UnderwriterInsurance Bureau of Canada (IBC) is holding up its voluntary Code of Conduct for Insurers’ Use of Credit Information as the basis for some kind of regulatory framework on credit scoring.Such a regulatory framework would be an alternative to banning…
B.C. brokers maintain call for ban on credit scoring; alternative would be to regulate based on U.S. model
September 30, 2011 by Canadian UnderwriterThe Insurance Brokers Association of B.C. (IBABC) maintained its support of a ban against credit scoring in a submission to the Canadian Council of Insurance Regulators (CCIR).But if credit scoring is to be allowed, the regulatory framework should follow that…
The Claims Loop
September 30, 2011 Laura KupcisIt is essential for independent adjusters to keep everyone involved in the claims process: The insured, the insurer and the broker
Large Loss
September 30, 2011 Laura KupcisWhen handling large losses, an adjuster must ensure they are not making promises that later cannot be kept
Fraud and other Faux-pas
September 30, 2011 David GambrillIdentity theft, homemade trailers and small claims settlement take centre stage at educational seminar.
Green Energy
September 30, 2011 Allison KlymyshynAn Emerging Insurance Issue
Red Flags
September 30, 2011 Debbra Macdonald and The Board of Directors of CASIUEach insurer has its individual threshold that provides the reason to hire an investigator. Inconsistencies, red flags and missing pieces of the puzzle are recorded and outlined on each suspicious file. When there are unanswered questions, red flags arise. Making…
On The Scene
September 30, 2011 byFirstOnSite has expanded its Ontario management team with three new appointments. Steve Gregg is now district manager of the GTA. In this role, he will oversee the operations and service delivery of several FirstOnSite locations across Southern Ontario. Jim Mandeville…
WICC Ontario Golf
September 30, 2011 byMore than 220 golfers attended the 12th annual WICC Ontario Golf Tournament on July 11 at Angus Glen Golf Club in Markham, Ont. Attendees enjoyed a barbeque lunch, silent auction, raffle and dinner. A WICC cheque for $250,000 was presented…
Winmar Toronto/Brampton and Gilbertson Davis Emerson boat cruise
September 30, 2011 byMore than 150 guests boarded the Yankee Lady III for a four-hour tour of the Toronto harbour. The third annual event, co-sponsored by Winmar Toronto/Brampton and Gilbertson Davis Emerson LLP, raised $5,000 for Kerry’s Place Autism Services. The cruise, held…
Fitness club not automatically liable for injury sustained in a rush for dumbbells
September 30, 2011 byA fitness club with limited dumbbells for exercising was not responsible for a patron fracturing her wrist while participating in a “frenzy” to grab the available weights, the Ontario Superior Court ruled in an April 2011 Occupiers’ Liability Act case.…
Ontario courts expand interpretation of “ordinary drivers”: RIMS panelist
September 30, 2011 byThe interpretation of ‘ordinary driver’ in Ontario’s courts has expanded to include those drivers who “sometimes make mistakes,” and has thus increased municipalities’ exposure to liability for not keeping safe roads. Steven Stieber, a managing partner at Stieber Burlach LLP,…