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IBC launches consumer awareness campaign around Ontario auto

July 26, 2012 by Canadian Underwriter

Insurance Bureau of Canada (IBC) has launched a new consumer awareness campaign to stimulate stakeholder feedback on how best to bring down auto insurance rates in Ontario and to help consumers better understand their own insurance policies. The campaign will

News InsuranceLegalMergers and Aqcuisitions

Insurer cannot pro rate attendant care based on economic loss: Ontario Court

July 26, 2012 by Canadian Underwriter

An Ontario Superior Court judge has held that an insurer cannot take a proportional approach to the payment of attendant care benefits based on the extent of the economic losses suffered. In Henry v. Gore Mutual Insurance Company, the insurer

News Insurance

Research shows European firms not properly prepared for emerging risks

July 25, 2012 by Canadian Underwriter

Most European companies are not properly covered for emerging risks such as terrorism and political violence, according to research from ACE Group. Roughly one-third (32%) of firms cited terrorism and political violence as the most important risk concern for their

News InsuranceLegalMergers and Aqcuisitions

Court rejects MPI’s motion to dismiss a 13-year-old claim for delay

July 25, 2012 by Canadian Underwriter

Manitoba’s Court of Queen’s Bench has allowed a claim against Manitoba Public Insurance (MPI) to proceed despite the fact that the claim has been delayed since 1998, when the action was first launched. The claim is related to an incident

News InsuranceMergers and Aqcuisitions

CARSTAR appoints Terry Holowaty as regional quality systems specialist

July 25, 2012 by Canadian Underwriter

CARSTAR has appointed Terry Holowaty as its new quality systems specialist for Western Canada. Holowaty will work directly with franchise partners in British Columbia, Alberta, Saskatchewan and Manitoba, helping them to understand and implement CARSTAR Quality Systems best practices in

News Climate ChangeInsuranceMergers and Aqcuisitions

Hamilton hit by an estimated 66 millimetres of rainfall, resulting in basement flooding and road closures

July 24, 2012 by Canadian Underwriter

The City of Hamilton was hammered by an estimated 66 millimetres of rainfall on July 22, resulting in road closures, fallen tree limbs and approximately 50 calls about basement flooding. The majority of calls related to basement flooding involved surface

News Climate ChangeInsuranceLegal

Federal government should reduce government, public exposure to financial risks from marine spills

July 24, 2012 by Canadian Underwriter

The British Columbia government wants Ottawa help reduce government and public exposure to financial risks associated with marine spills. The call was made as part of the B.C. government’s ongoing participation in the Joint Review Panel’s monitoring of the Northern

News Climate ChangeInsuranceMergers and Aqcuisitions

Vancouver creates plan for climate change adaptation

July 24, 2012 by Canadian Underwriter

The City of Vancouver voted on July 24 to approve in principle a comprehensive climate change strategy that will address more frequent and intense storm activity, coastal flooding, sewer back-up and hotter summers. The plan was developed by director of

News InsuranceLegalMergers and Aqcuisitions

Saskatchewan City Mayors’ Caucus calls on the Government of Saskatchewan to consider photo radar

July 24, 2012 by Canadian Underwriter

The Saskatchewan City Mayors’ Caucus (CMC) has requested that the Government of Saskatchewan consider introducing photo radar within the province. Specifically, a CMC letter requests that the provincial government initiate a photo radar pilot project on the section of the

News InsuranceLegal

Exploit kits, traffic direction systems cited as Top 2 emerging online threats

July 23, 2012 by Canadian Underwriter

‘Exploit kits’ — basically, malware in a box — and traffic directions systems are listed as the Top 2 emerging online threats by Trend Micro, a provider of cloud computing and Internet security systems. Trend Micro senior threat researcher Paul

News Climate ChangeInsuranceMergers and Aqcuisitions

Guy Carpenter representatives to discuss catastrophe risk and modeling during ICLR’s Sept. 14 Friday Forum

July 23, 2012 by Canadian Underwriter

Guy Carpenter representatives Krista Lienau and Sherry Thomas are scheduled to discuss the current and future landscapes of Canadian catastrophe risk and modeling at the Sept. 14 Friday Forum of the Institute for Catastrophic Loss Reduction (ICLR). Lienau is a

News Insurance

Ontario PC proposal calls for private insurers to compete with the province’s Workplace Safety Insurance Board (WSIB)

July 20, 2012 by Canadian Underwriter

An Ontario Progressive Conservative Caucus White Paper has recommended that private insurance companies be allowed to compete with the Workplace Safety Insurance Board (WSIB) for the provision of work-related insurance coverage. The WSIB is a government agency that provides injury