FSCO’s recent report to the Ontario finance ministry suggests that evidence-based health care has taken centre stage in the province’s auto insurance system.
1 Marsh has appointed Bertil Olsson [1] as its North American energy practice leader, bringing the Canadian energy hub under his leadership to meet the demands of oil and gas companies for more seamless risk expertise and solutions. Having led…
The rate of auto theft continued its downward trend last year in Quebec, dropping 64% over the last decade, note new figures from the Groupement des assureurs automobiles (GAA). The theft rate (theft of whole vehicle) is 0.20% for all…
A technology meant to help in the war on auto theft has come under fire, launching a review by the Office of the Information & Privacy Commissioner for British Columbia. Commissioner Elizabeth Denham says her office is now reviewing automatic…
Malik, Giffen & Burnett Claims Consultants Inc. (MGB) has named Layne Gardner as the specialized adjusting firm’s new executive general adjuster. Gardner, who joined the firm effective July 11, brings to the position more than a decade of experience as…
ISB Canada has announced the appointment of Craig Smith to the position of vice president of sales and marketing. With almost 30 years in the insurance industry, Smith has held various senior positions at a principle insurer, as well as…
It is best not to assume that a home insurance policy offers adequate protection for a person whose home serves as both a place to live and a place to work. “If anyone, from a messenger to a customer, is…
A growing proliferation of “man-made space junk” threatens satellites and space stations, approximately a quarter of which are insured against losses from physical damage and service interruption, states a recent report from Allianz Global Corporate & Specialty (AGCS). The study,…
Demographics and the adjuster
Incoming CIAA president John Seyler feels a strong sense of giving back to the independent adjusting profession
Insurance Bureau of Canada (IBC), citing data from Property Claim Services Canada (PCS-Canada), reports that the estimated insured damage caused by the recent wind and thunderstorm event that hit Ontario and Quebec amounts to more than $200 million. PCS-Canada tracks…
Statistics Canada notes that police-reported, non-violent crimes such as break-ins and auto theft declined last year. “Police reported more than 181,000 break-ins in 2011,” Statistics Canada reported in its July 24 issue of The Daily. “The rate of break-ins was…