Segment
Claims
Ontario court denies bid to use new summary judgment rules to determine “catastrophic impairment”
May 9, 2012 by Canadian UnderwriterThe Ontario Superior Court has derailed a plaintiff’s bid to obtain under new provincial rules for summary judgment a declaration that she suffered a “catastrophic impairment.” Nancy Stewart was severely injured in a motor vehicle accident on Nov. 4, 2005.…
Heavy truck fleet to be equipped with protective guards
May 8, 2012 by Canadian UnderwriterSaint-Laurent, a Montreal borough, has become the first in the city to start modifying its fleet of heavy vehicles to help prevent the possibility of pedestrians and cyclists from accidentally falling underneath. The fleet will be equipped with lateral protection…
Colorado State researchers predict fewer hurricanes in 2012 season
May 8, 2012 by Canadian UnderwriterThe 2012 Atlantic basin hurricane season will see reduced activity compared to the 1981-2010 average, the Tropical Meteorological Project of Colorado State University predicts. In a report released in April, Colorado researchers estimate there will be 10 named storms during…
10 habits of highly ineffective drivers
May 8, 2012 by Canadian UnderwriterSympatico.ca Autos is counselling drivers to cure themselves of 10 bad habits that frequently lead to vehicle collisions. These bad habits are as follows: Holding the wheel incorrectly. For example, the wheel should not be held with the wrist draped…
Insurers should prepare for the rise of the emerging global middle class
May 7, 2012 by Canadian UnderwriterA huge market for personal insurance — perhaps as much as 1 billion people — is about to emerge in developing countries, and this new global middle class will need to learn all about insurance. The global growth and transformation of the…
LawPRO appoints Susan McGrath as board chair
May 7, 2012 by Canadian UnderwriterLawPRO, the professional indemnity company for Ontario’s lawyers, has appointed Susan T. McGrath as chair of its board of directors. A sole practitioner based in Iroquois Falls, McGrath has held leadership roles with the Cochrane Law Association (president, 1983-1984), the…
Canadian automotive recyclers call for national approach to the environmental management of end-of-life vehicles
May 7, 2012 by Canadian UnderwriterAutomotive Recyclers of Canada (ARC) is calling for a national approach to the environmental management of end-of-life vehicles (ELVs) in Canada. In a submission to the Canadian Council of Ministers of the Environment, ARC notes that although ELV processors are…
SGI marks launch of educational campaign during Motorcycle Safety Week
May 7, 2012 by Canadian UnderwriterMotorcycle riders and other motorists in Saskatchewan are being reminded throughout the month of May to keep safety top of mind. Saskatchewan Government Insurance (SGI), the Saskatchewan Safety Council (SSC) and the RCMP have jointly launched an educational campaign as…
Crawford appoints Lori Festarini as environmental leader
May 7, 2012 by Canadian UnderwriterCrawford & Company (Canada) Inc. has a new environmental leader in Lori Festarini, who has 21 years of experience in environmental consulting and geoscience. As an environmental leader in Crawford’s Global Technical Services (GTS) division, Festarini will report to GTS’s…
Ontario moves toward wage freeze for doctors through “rebalancing” OHIP fees
May 7, 2012 by Canadian UnderwriterOntario is moving toward a real wage freeze for doctors, expected to result in savings of $338.3 million in 2012-2013. “The government is updating and rebalancing OHIP fees to better reflect current medical practices and new technologies and to avoid…
EQECAT releases Japan quake model
May 4, 2012 by Canadian UnderwriterEQECAT has released an earthquake model for catastrophic risk that uses three-dimensional representation of seismic source geometry to capture Japan’s unique seismic settings. Incorporated into EQECAT’s global multi-peril platform, the Japan model offers region-specific innovations in both hazard and vulnerability.…
Severe U.S. weather in April causes more than $650 million in insured damage
May 4, 2012 by Canadian UnderwriterSevere weather damage in the United States in April 2012 resulted in at least 105,000 claims and insurance payments exceeding $650 million, notes an Aon-Benfield report. In its April 2012 Global Catastrophe Recap, Aon Benfield references a major severe weather…