Segment
Underwriting
The Truth about Cats and Dogs
May 31, 2015 Insurance Institute of Canada|Insurance Institute of CanadaPet insurance explained
Leakage!
March 31, 2015 Craig Harris, Freelance Writer|Craig Harris, Freelance WriterThe notion that insurers can better control their claims/indemnity spend through streamlining, cost cutting and efficiency initiatives has gained momentum in Canada in recent years. Many insurance companies are finding ways to plug financial “leakage” in claims handling – a term not always popular with claims managers. Independent adjusters understand the reasons behind this focus on costs, but caution that a proper approach to claims adjudication should prevail.
Location, Location
March 31, 2015 Mary Allen and Michael O'Neil, principals, InsightaaS|Mary Allen and Michael O'Neil, principals, InsightaaSNew technologies, such as location-based intelligence, are helping insurers mitigate catastrophe risk.
Insurers need to tell clients about flood exclusions: EY
March 31, 2014 byCanadian property & casualty insurance carriers need to work with government to determine how areas at risk of flooding can be insured, and they also need to “draw policyholders’ attention to exclusions,” suggests a report on the Canadian p&c insurance…
Insurers, non-profits join forces on building resilient cities
November 30, 2013 byA group of non-profit and industry organizations have launched a new set of resources that identifies priorities for the insurance industry and cities to build resilience against climate change. “The Building Climate Resilience in Cities” resources were developed through a…
Understanding Lloyd’s
July 31, 2013 Fred PlantMany adjusters think they know the Lloyd’s of London insurance market – but how deep does their knowledge run? How much do they need to understand to participate in this dynamic insurance entity?
The Big Mingle
March 31, 2013 byHundreds of insurance claims industry guests attended the 7th Annual Post CICMA/CIAA Joint Conference Cocktail on Feb. 5, 2013. Entitled The Big Mingle, the event featured a Big-Top theme. Giffin Koerth Forensic Engineering and Blouin Dunn LLP hosted the event,…
Government pledges $53 billion for infrastructure
March 31, 2013 byThe federal government has allocated $53.5 billion over the next decade for infrastructure across the country, a move that Insurance Bureau of Canada (IBC) has commended. In the 2013 budget, the Conservative government set out the amount for provincial, territorial…
Industry posts solid premium growth, lower combined ratio
March 31, 2013 byThe Canadian property and casualty insurance market saw substantial growth in premiums in 2012, largely because of growth in personal lines, including improvement in Ontario auto results, according to preliminary data from MSA Research. The industry’s combined ratio for the…
OSFI release final earthquake exposure guideline
March 31, 2013 byThe Office of the Superintendent of Financial Institutions (OSFI) released the final revised version of its Earthquake Exposure Sound Practices (Guidelines B-9) in late February, following public consultations that began last August. The revised guideline comes from a working group…
Auto collision repair costs to increase: report
March 31, 2013 bySoftware maker Mitchell International Inc. recently released predictions for the property and casualty insurance and automotive repair industries, forecasting lower prices for recycled parts, an overall increase in the cost to repair damaged vehicles and an increased demand for cloud…
More severe storms predicted for 2013
March 31, 2013 byForecast services company ImpactWeather has released a prediction for this year’s hurricane season, suggesting that 2013 will have a series of storms more severe than last year. Based on “averages of past seasons, ocean temperature trends, and the absence of…