Segment
Brokers
A New Breed of Cats?
September 1, 2011 David Gambrill, EditorInsurers would be doing a real service to their communities (and the industry) by supporting and sharing climate change research that helps the public understand whether or not it’s facing a new breed of cat.
MarketPlace
September 1, 2011 by Canadian UnderwriterClaims Weakened Irene wreaks havoc in Quebec, Maritimes The verdict is still out on insured losses caused by Hurricane Irene in Canada, but loss estimates for the United States range between $3 billion and $6 billion (AIR Worldwide) and for…
Sowing Seeds
September 1, 2011 Vanessa Mariga, Associate EditorIncoming IBAC president Dale Rempel seeks to cultivate positive relationships with legislators as a key part of nurturing the broker channel.
Rebuilding Slave Lake
September 1, 2011 Vanessa Mariga, Associate EditorInsurance adjusters faced a number of unique challenges when helping residents rebuild their lives after Canada’s second-largest insurance disaster in Canadian history.
Western Financial Group acquires two more brokerages
August 31, 2011 by Canadian UnderwriterWestern Financial Group has acquired two more insurance agencies, one in Manitoba and the other in Saskatchewan. Western Financial acquired David Duncan Insurance Agency in Gilbert Plains, Manitoba and Leith & Glassford Agency Ltd. in Rosetown, Saskatchewan. Both firms will…
IBAC asks feds to take a cautious approach to demutualization
August 26, 2011 by Canadian UnderwriterCanadian brokers have asked the federal government to take a cautious approach to demutualization.In a submission to the federal government, the Insurance Brokers Association of Canada (IBAC) has asked the Department of Finance to keep in mind the important role…
Willis launches business interruption cover for businesses affected by nuclear exclusion zones
August 26, 2011 by Canadian UnderwriterWillis Group Holdings plc has developed an insurance product to cover business interruption costs for companies affected by a nuclear exclusion zone.Willis Global Markets International developed the cover for businesses with key locations, suppliers or customers situated in the vicinity…
Cyclists double ‘Cycle for Wishes’ fundraising goal
August 24, 2011 by Canadian UnderwriterA team of cyclists set to cycle from Toronto to Ottawa and comprised of members of the insurance industry are nearly at their fundraising goal for the Make-A-Wish Canada foundation. The ‘Cycle for Wishes’ team is peddling the 500 kilometres…
Canadian insurance industry responds to Goderich tornado
August 23, 2011 by Canadian UnderwriterThe Canadian insurance industry is springing to action in the wake of the F3 tornado that devastated the Southwestern, Ontario town of Goderich on Aug. 21.Companies and associations are releasing statements detailing their respective activity in the area affected by…
Western Financial launches new direct arm to target Alberta’s urban markets
August 17, 2011 by Canadian UnderwriterWestern Financial Group, which provides insurance services in rural communities across Western Canada, is now setting its sights on Alberta’s urban markets.Western Direct Insurance, a new subsidiary of Western Financial Group, has begun offering direct home and auto insurance by…
RIBO issues warning about Capital Insurance Company
August 9, 2011 by Canadian UnderwriterRegistered Insurance Brokers of Ontario (RIBO) says it has fielded a number of calls from people who have received information or purchased auto insurance from Capital Insurance Company.“Capital Insurance Company is not licensed to write insurance in Ontario,” RIBO says…
Getting Easier Being Green
August 1, 2011 Brenda Rose, Vice President, Firstbrook, Cassie & AndersonThe insurance business has a long way to go before truly qualifying as “green,” but initiatives such as the CSIO process for EDI policy document attachments are encouraging.