Segment
Claims
What’s New: In Brief (July 25, 2008)
July 25, 2008 by Canadian UnderwriterStephen J. Mallory has been appointed as a member of the Standards Council of Canada (SCC) by industry minister Jim Prentice, the minister responsible for the SCC. “I am very pleased to welcome Mr. Stephen J. Mallory to the SCC,…
What’s New: In Brief (July 24, 2008)
July 24, 2008 by Canadian UnderwriterSymbility Solutions Inc. has formed a strategic alliance with e2Value Inc., integrating e2Value’s web-based property Insurance-to-Value (ITV) calculation services to Symbility’s mobile claims estimation application.E2Value, an insurance and IT consulting firm, is a hosted application provider of online replacement cost…
Defence counsel allowed to access Facebook photos for use as evidence in claim
July 23, 2008 by Canadian UnderwriterWhy should a claims department pay for surveillance when it can simply look the claimant up on Facebook?Indeed, the Ontario Superior Court of Justice case, Murphy v. Perger, may have opened the door for insurers to use the online “social…
Wildfire losses expected to become more frequent
July 22, 2008 by Canadian UnderwriterThe United States’ past two wildfire seasons have been the most severe on record, and larger fires are expected to be more frequent, A.M. Best notes in a special report.“Annual wildfire catastrophe losses have averaged more than US$1 billion this…
What’s New: In Brief (July 22, 2008)
July 22, 2008 by Canadian UnderwriterTropical storm Cristobal is expected to dump between 50mm and 100 mm of rain on parts of Nova Scotia on July 22. The storm is approaching Nova Scotia from the southwest and will pass south of the province on Tuesday…
Shumka acquires CGI’s claims and risk management services
July 21, 2008 by Canadian UnderwriterThe Shumka Group has acquired the property and casualty insurance claims and risk management services from CGI Group Inc. The transaction will create the largest independent insurance services company in Canada, according to a Shumka Group release. Expected to close…
What’s New: In Brief (July 18, 2008)
July 18, 2008 by Canadian UnderwriterCARSTAR Automotive Canada raised more than Cdn$80,000 for the Canadian Cystic Fibrosis Foundation (CCFF) through its 5th annual ‘Soaps it Up!’ national car wash day.There were more than 55 car wash events across the country this year. CARSTAR volunteers, community…
PricewaterhouseCoopers urges ICBC to develop policies around sale of salvage vehicles
July 17, 2008 by Canadian UnderwriterNinety-four vehicles in the ICBC’s Material Damage, Research and Training (MDR&T) Facility over the past 10 years had incorrect salvage designations (74 had improper payment codes), hiding the true status of the vehicles from the public to maximize the sale…
Private arbitrators settle priority disputes, not FSCO arbitrators
July 16, 2008 by Canadian UnderwriterFinancial Services Commission of Ontario (FSCO) arbitrators decide disputes concerning entitlement to and amount of motor vehicle accident benefits, but private arbitrators resolve priority of payment disputes among insurers, a FSCO arbitrator has found.In doing so, FSCO upheld changes to…
Ecclesiastical insurer warns of oil thefts at Atlantic Canada churches
July 15, 2008 by Canadian UnderwriterGiven the rise in fuel prices over the past few months to $1.37 and higher, ecclesiastical insurers have a new risk to manage fuel theft. Ecclesiastical Insurance has issued a public statement expressing concern that two churches in Atlantic Canada…
Insurer has obligation to defend, Ontario Superior Court finds
July 11, 2008 by Canadian UnderwriterLiberty International Underwriters Canada and ACE INA Insurance have been ordered to share the ongoing defence costs incurred by St. Marys Cement Company Inc. on a 50-50 basis, according to an endorsement by the Ontario Superior Court of Justice. St.…
Insurer not responsible for retraining costs, FSCO rules
July 9, 2008 by Canadian UnderwriterThe Financial Services Commission of Ontario (FSCO) has ruled that an insurance company is not responsible for re-training a claimant on the basis that the learning program was more insight-oriented than vocational and rehabilitative. FSCO additionally dismissed claims for income…