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News InsuranceMergers and Aqcuisitions

New Brunswick court overturns provincial regulator’s decision in favour of insurer

April 12, 2007 by Canadian Underwriter

The Court of Queens Bench in New Brunswick has overruled the New Brunswick Superintendent of Insurance and ordered the regulator to review its dismissal of a case involving unresolved allegations of unfair or deceptive practices.In making his decision for the

News InsuranceMergers and Aqcuisitions

What’s New: In Brief (April 12, 2007)

April 12, 2007 by Canadian Underwriter

Allstate Insurance Company of Canada has developed an alliance with LifeCall, a national provider of personal emergency response systems. Allstate policyholders are now able to access an exclusive, value-added offer for personal emergency response services provided by LifeCall. In an

News Insurance

What’s New: In Brief (April 11, 2007)

April 11, 2007 by Canadian Underwriter

Allegient Systems, a software and service provider, has launched its Independent Adjusters ASP Bill Review (IA ASP) program, promoted as the industrys only Web-based end-to-end bill review solution designed specifically for independent adjusters.Available for immediate use, IA ASP expands the

News InsuranceMergers and Aqcuisitions

Alberta lawyers launch constitional challenge against auto injury cap

April 10, 2007 by Canadian Underwriter

The Alberta Civil Trial Lawyers Association (ACTLA) has officially started its Charter challenge of the Alberta governments automobile insurance minor injury policy in the Court of Queens Bench (Calgary) before Mr. Justice Neil Wittmann.ACTLA President Arthur Wilson, Q.C. says in

News InsuranceMergers and Aqcuisitions

OIAA to hold seminar on new auto insurance health claims system

April 4, 2007 by Canadian Underwriter

The Ontario Insurance Adjusters Association (OIAA) is presenting a seminar in Toronto about the new Health Claims for Auto Insurance (HCAI) system.The Apr. 11 seminar will include an overview of the HCAI system and its capabilities, the changes that can

News InsuranceMergers and Aqcuisitions

Crawford announces major shuffle of senior staff

April 3, 2007 by Canadian Underwriter

Crawford & Company (Canada) Inc. has announced a major shuffle to its senior management with nine appointments.Steve Anderson has been appointed senior vice president, corporate markets and administration. In this role he will oversee the companys healthcare management services, risk

News InsuranceMergers and Aqcuisitions

IBC urges Ontario insurers to prepare for HCAI

April 2, 2007 by Canadian Underwriter

Insurers should count on an average of roughly eight weeks lead time to prepare for enrolment in Ontarios new Health Claims for Auto Insurance [HCAI] system, an electronic method for collecting and transmitting auto insurance health claims data. All 180

News InsuranceMergers and Aqcuisitions

Fairfax to acquire additional Cunningham Lindsey shares

March 30, 2007 by Canadian Underwriter

Fairfax Financial Holdings Limited (TSX and NYSE: FFH) announced that it has entered into an agreement to purchase 1,031,090 subordinate voting shares of Cunningham Lindsey Group Inc. from a group of third party investors.The Cunningham Lindsey shares will be acquired

News Insurance

Plaintiff lawyers pushing the damages envelope: ORIMS seminar

March 29, 2007 by Canadian Underwriter

Plaintiff lawyers are increasingly trying to convince the courts of specific damages, which used to be part of general damages, in a bid to get damage amounts above and beyond the cap on non-pecuniary damages, people attending the Ontario Risk

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Fitch ups Lloyd’s ratings based on Equitas-Hathaway deal

March 28, 2007 by Canadian Underwriter

Fitch Ratings has upgraded Lloyd’s of London’s (“Lloyd’s”) Insurer Financial Strength (“IFS”) rating by one notch to ‘A+’.At the same time, the agency has upgraded the Society of Lloyd’s Issuer Default rating (“IDR”) by one notch to ‘A’. Both ratings

News Insurance

What’s New: In Brief (March 28, 2007)

March 28, 2007 by Canadian Underwriter

The Dominion of Canada General Insurance Company has teamed up with Guidewire Software to modernize and replace The Dominions existing legacy claims system in order to better serve the needs of its policyholders and its network of independent brokers. The

News Insurance

B.C. Court of Appeal clarifies when insurer has duty to defend

March 27, 2007 by Canadian Underwriter

Reporting an event or “circumstance that might lead to a professional liability insurance claim is not, in the absence of a claim, enough to trigger an insurer’s obligation to defend, the B.C. Appeal Court has ruled.In MWH International, Inc. v.