Segment
Underwriting
TIWA Wine and Cheese
January 31, 2013 byThe Toronto Insurance Women’s Association (TIWA) Wine and Cheese Reception was held at The Hyatt Regency in Toronto on Feb. 21. More than 1,200 guests attended the association’s annual signature event.
Survey shows support for improved claims processes
January 31, 2013 byImproving the insurance claims process and upgrading or replacing claims systems were among the key focus areas for the majority of insurance claims professionals in the U.S. responding to a survey by Massachusetts-based Trillium Software. Almost 93% of respondents cite…
Industry could see more M&A activity
January 31, 2013 byThe Canadian insurance industry could see more merger and acquisition activity in 2013, in part because of continuing low investment returns, suggests a new outlook report from Aon Risk Solutions. Overall, the market will remain stable in 2013, and insurers…
Cyber threat top business risk: survey
January 31, 2013 byCorporate executives are more concerned about cyber threats than other major business risks, a new survey sponsored by insurance giant AIG suggests. More than 85% of the 258 executives surveyed said they were very or somewhat concerned about cyber risks…
Ontario floats regulatory changes to fight fraud
January 31, 2013 byThe Ontario government is proposing several regulatory amendments, slated to go into effect June 1, as part of ongoing efforts to fight auto insurance fraud in the province. The regulatory changes include:• Requiring insurers to provide claimants all reasons for…
New Brunswick court orders production of fire documents
January 31, 2013 byThe New Brunswick Court of Appeal recently upheld a lower court decision requiring a fire insurance claimant to produce records for State Farm Fire & Casualty Insurance. The appeal court dismissed an appeal from Karen Bennett of an Oct. 2011…
Natural perils in 2012 cause $72 billion in insured losses
January 31, 2013 byIn its recently released annual global climate and catastrophe report, Aon Benfield noted that the costliest catastrophe worldwide in 2012 was Hurricane Sandy, while a hailstorm July 12 in Calgary led to claims exceeding $500 million. Impact Forecasting, the Aon…
Superstorm Sandy
January 31, 2013 Geoff CoulsonA Canadian Perspective on the “Hybrid” Hurricane
Solar Photovoltaic Systems
January 31, 2013 Dione Scheltus and Scott BroadAn Emerging Claims Field That Adjusters Should Understand
Rethinking Retirement
January 31, 2013 Frank MalitoVocational services are increasingly relevant in today’s aging workforce
Examining the Experts
January 31, 2013 byFor years, courts have expressed concern about the trend of “hired gun” expert witnesses retained by plaintiff or defendant lawyers. Some courts are now applying a higher level of judicial scrutiny to the role of expert witnesses, particularly in cases…
On The Scene
January 31, 2013 byPAUL DAVIS SYSTEMS CANADA, LTD. (PDSC) has added Ralph Gottschalk as the newest franchisee to its network. Ralph will be operating the Paul Davis Systems of Peterborough & Kawartha Lakes franchise providing restoration services to the Peterborough community and surrounding area. Property…