Segment
P&C Companies
What’s New: In Brief (April 13, 2007)
April 13, 2007 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) has donated $500,000 to fund a research facility designed to study the building of safer homes. Thanks to the IBC, a typical two-story brick house, similar to many homes found in neighbourhoods across Canada,…
Canadian agricultural ministers discuss risk management programs
April 13, 2007 by Canadian UnderwriterFederal and provincial ministers of agriculture met recently in Winnipeg, Manitoba and committed to ongoing collaboration on new business risk management programming for the agricultural industry.The ministers discussed the continued evolution of a new suite of business risk management programs…
Converium urges shareholders to reject SCOR’s offer
April 13, 2007 by Canadian UnderwriterConverium Holding AGs board of directors is urging its shareholders to reject SCOR S.A.s offer to purchase the registered shares in Converium held by the public, claiming that the offer fundamentally undervalues the Companys franchise and growth prospects.After careful consideration…
What’s New: In Brief (April 13, 2007)
April 13, 2007 by Canadian UnderwriterFairfax Financial Holdings Limited (TSX and NYSE: FFH), a financial services holding company engaged in insurance and reinsurance, has filed a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities, allowing Fairfax to offer from time to…
New Brunswick court overturns provincial regulator’s decision in favour of insurer
April 12, 2007 by Canadian UnderwriterThe 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…
What’s New: In Brief (April 12, 2007)
April 12, 2007 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) has announced the appointment of Steven Kaukinen as president of the organization. Most recently he served as the president and CEO of Baldwin Janzen Insurance Services in Vancouver. Prior to that post,…
What’s New: In Brief (April 12, 2007)
April 12, 2007 by Canadian UnderwriterAllstate 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…
Liability a primary concern in collaborative healthcare practice
April 12, 2007 by Canadian UnderwriterLegal liability risk is perceived by some health professionals and organizations to be a barrier to delivering health services in collaborative teams, but a Conference Board of Canada report suggests that liability is not the obstacle they say it is.Based…
What’s New: In Brief (April 11, 2007)
April 11, 2007 by Canadian UnderwriterRandy Carroll has been appointed CEO of the Insurance Brokers Association of Ontario (IBAO). With more than 20 years of experience in insurance brokerage operations, Carroll has held the position of chief operating officer of the IBAO since April 2005.…
ICBC shows its 2010 Olympic spirit, backing new license plates
April 11, 2007 by Canadian UnderwriterICBC is showing its Olympic spirit by joining a partnership to produce special, one-of-a-kind 2010 Winter Games Licence Plates.The plates will be available to B.C. drivers for purchase starting Apr. 16.“British Columbians are excited and proud to be hosting the…
What’s New: In Brief (April 11, 2007)
April 11, 2007 by Canadian UnderwriterAllegient 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…
AIG launches teen driver GPS pilot project
April 10, 2007 by Canadian UnderwriterAIG Auto Insurance announced a pilot project for auto policyholders with teen drivers that would allow parents to equip their vehicles with a GPS device.AIG Teen GPS Program allows parents to determine the exact location of the teens car via…