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What’s New: In Brief (May 30, 2007)

May 30, 2007 by Canadian Underwriter

Royal & SunAlliance has partnered with AIR MILES Reward Program, which will provide customers who purchase or renew a home or car insurance policy with one reward mile for every $20 they spend on premium. Brokers have consistently asked us

News InsuranceMergers and Aqcuisitions

What’s New: In Brief (May 29, 2007)

May 29, 2007 by Canadian Underwriter

Specialized directors and officers (D&O) liability insurance created specifically for small micro-cap companiesthe Micro Cap Preferred policyis now being offered by Chubb Insurance Company of Canada. A D&O liability lawsuit, including settlement, judgment and legal expenses, can cost millions of

News Insurance

What’s New: In Brief (May 28, 2007)

May 28, 2007 by Canadian Underwriter

BMO Insurance will be the official insurance services supporter of the FIFA U-20 World Cup Canada 2007, making BMO Insurance one of the four national supporters of the tournament.We are very proud to be a part of the FIFA U-20

News Insurance

U.K. insurance market must modernize, Lloyd’s CEO says

May 22, 2007 by Canadian Underwriter

London market businesses must continue to modernize and improve customer service levels, Lloyds CEO Richard Ward recently told a meeting of senior market figures.In a speech at the London Insurance Day Summit, Ward said that modernization was vital to the

News InsuranceMergers and Aqcuisitions

IBAO sponsors ads for responsible driving over the May long weekend

May 18, 2007 by Canadian Underwriter

The Insurance Brokers Association of Ontario (IBAO) is sponsoring radio messages in 23 cities and on the airways of 32 radio stations across Ontario during the holiday long weekend in May.The insurance brokers have purchased these radio spots in an

News Insurance

What’s New: In Brief (May 16, 2007)

May 16, 2007 by Canadian Underwriter

Axa has opted to maintain its status as a full partner of the Insurance Brokers Association of Canadas (IBAC) broker identity program, also known as the Bipper program, for 2007.We are pleased to support brokers across Canada in their successful

News InsuranceMergers and Aqcuisitions

Alberta’s auto grid, city rates not up for discussion, brokers told

May 15, 2007 by Canadian Underwriter

Albertas auto insurance rate grid is not up for discussion, and the particular grid rates for the cities of Edmonton and Calgary will not change as a result of the Alberta Automobile Insurance Rate Boards premium review, now underway, the

News Insurance

IBAO recogonized by OSAID for support

May 11, 2007 by Canadian Underwriter

The Insurance Brokers Association of Ontario (IBAO) was honoured with the Partner in Safety Award by the Ontario Students Against Impaired Driving (OSAID) for financial contributions and support lent to the organization over the years. The association received the award

News InsuranceMergers and Aqcuisitions

B.C. government calls on insurance brokers to help enforce family support obligations

May 10, 2007 by Canadian Underwriter

B.C. insurance brokers do not want to be front and centre in the provincial governments recent legislative initiative to deny auto vehicle licenses and auto insurance to people who havent made child support payments, a representative of the Insurance Brokers

News Insurance

Alberta brokers association changes name, personnel

May 10, 2007 by Canadian Underwriter

The Insurance Brokers Association of Alberta [IBAA] has made several adjustments during its recent convention in Jasper Alberta, one of which was a name change.At its AGM on May 7, the association voted to drop the word independent from its

News InsuranceMergers and Aqcuisitions

BC documentary targets teens to reduce auto theft, injuries

May 7, 2007 by Canadian Underwriter

The Autoplan Broker Road Safety Program (ABRSP) has funded a documentary targeting BC high school students in an attempt to decrease auto theft and auto-related injuries.A partnership of the Credit Union Insurance Services Association, Insurance Brokers Association of BC and

News Insurance

What’s New: In Brief (May 04, 2007)

May 4, 2007 by Canadian Underwriter

Northbridge Financial Corporation (TSX:NB), a Canadian commercial property and casualty insurance group, has announced net earnings of Cdn$45 million for 2007 Q1, compared to net earnings of Cdn$61.8 million for 2006 Q1.Underwriting profit was Cdn$18.1 million for 2007 Q1, a