Segment
Claims
Creation of database to help detect vehicle theft
September 5, 2007 by Canadian UnderwriterTo help insurers and other organizations detect vehicle theft, CGI Group, Locator Technologies LLC and National Vehicle Service have announced the creation of a shared database of automobile information for cars in Canada, the US and Mexico, according to a…
New causation standard expands potential for negligence actions
August 31, 2007 by Canadian UnderwriterOver the last decade, the Supreme Court of Canada has introduced a more plaintiff-friendly standard for cause-in-fact, Anthony Fletcher, lawyer, Filmore Riley LLP, told attendees during a seminar the Canadian Independent Adjusters Associations general meeting and conference in Winnipeg, MB.Causation…
Recent Supreme Court of Canada decision settles certain points about litigation privilege
August 31, 2007 by Canadian UnderwriterA recent decision by the Supreme Court of Canada in Blank v. Canada 2006 SCC 30 settles certain points regarding litigation privilege, Ted Bock, partner, Aikins, MacAulay & Thorvaldson LLP, told attendees during at seminar the Canadian Independent Adjusters Associations…
What’s New: In Brief (August 29, 2007)
August 29, 2007 by Canadian UnderwriterPilot Insurance Company is continuing its investment as a full partner of the Broker Identity Program for 2007, the Insurance Brokers Association of Canada (IBAC) announced. Pilot is proud to continue as a Full Partner of the Broker Identity Program,…
What’s New: In Brief (August 29, 2007)
August 29, 2007 by Canadian UnderwriterSasktel and SGI are partnering to help new drivers develop safe cell phone habits by offering six months of free voice messaging service to new drivers who are also SaskTel cellular customers. The service is intended to minimize distractions on…
New president at the CIAA
August 27, 2007 by Canadian UnderwriterFred Plant assumed the role of president of the Canadian Independent Adjusters Association during the Presidents Dinner at the associations annual general meeting and conference in Winnipeg. Miles Barber, immediate past-president, passed the presidential hat, noting Plant would bring insight…
Subprime mortgage crisis may spark E&O and D&O liabilities
August 23, 2007 by Canadian UnderwriterInsurance companies may be exposed to greater directors and officers liability (D&O) and errors and omissions (E&O) liability claims in the wake of the current subprime mortgage crisis, warns Marsh.Higher interest rates and falling property prices have contributed to rising…
What’s New: In Brief (August 22, 2007)
August 22, 2007 by Canadian UnderwriterPartnerRe Ltd. (NYSE: PRE) has announced that Partner Reinsurance Europe Limited, a wholly-owned subsidiary of PartnerRe Ltd., based in Dublin, Ireland, will, from Jan.1, 2008, be the principal reinsurance carrier for PartnerRe’s business underwritten in France, Ireland, Switzerland and Canada.Under…
More emphasis needed on training and development
August 22, 2007 by Canadian UnderwriterBody shops need to put more emphasis on training and development, according to David Lingham, who works in the collision repair industry in UK and Europe. Lingham told delegates at the 10th annual CARSTAR conference held in Niagara Falls, Ont.,…
Hurricane Dean leaves between US$750 million and US$3 billion worth of damages in its wake
August 21, 2007 by Canadian UnderwriterHurricane Dean, which is the first category five storm since 2005, ripped through Jamaica, Mexico and the Lesser Antilles, causing anywhere from US$0.75 billion to US$3 billion, based on estimates from Risk Management Solutions (RMS) and EQECAT. Dean was expected…
What’s New: In Brief (August 17, 2007)
August 17, 2007 by Canadian UnderwriterAudatex Canada ULC, a subsidiary of Solera Holdings, Inc., has extended its relationship with Aviva Canada Inc. for an additional three years, according to a release. Audatex has provided Aviva with core estimating solutions that help standardize the automotive claims…
Damage to vehicles could reach $8 million
August 14, 2007 by Canadian UnderwriterDamage caused due to hail during last weeks storm in Dauphin, Manitoba are being estimated by Manitoba Public Insurance to be between Cdn$6 million and Cdn$8 million for vehicles alone, according to The Winnipeg Sun. Large hail and 56mm of…