Increasing Adjuster Knowledge
In a song from the album ‘Strange Days,’ Doors’ singer Jimmy Morrison asks for the world; social media is a way for insurers to respond to consumers’ desire to have it all.
Band-Aid solutions implemented in the Ontario auto insurance system are no longer going to curb increased claims costs. A major reform is needed to reduce claims costs and avoid increased premiums for customers.
Brokers need to appreciate their own brand value is enhanced when they sell the value propositions of good companies with powerful and respected brands.
A recent explosion at a propane facility in Toronto has those on site re-evaluating safety protocol behind the caution tape, while insurance companies re-visit the risk associated with low frequency-high severity companies.
Insurance Bureau of Canada (IBC) has appointed Don Forgeron as vice president, Ontario and Barb Sulzenko-Laurie as its new vice president of policy. Jane Voll, the IBC’s immediate past vice president of policy, becomes special advisor to the president in…
As insurance companies confront escalating claims costs, they are faced with either holding the line on payouts or increasing premiums. Defence lawyers warn, however, that cutting hourly fees and dispursement costs is negatively impacting claims settlement and threatening the future of the defence bar.
Larger commercial insurance brokers are starting to troll for clients in the so-called “middle market,” previously the preserve of regional and local intermediaries
The world’s largest businesses are not prepared for the effects of a looming water shortage, according to research sponsored by the newly-established Marsh Center for Risk Insights. Marsh Inc., a global insurance broker and risk advisor, formed the Marsh Center…
In response to the aggressive marketing approaches of online and direct writers, the independent channel is planning to be more aggressive about promoting its advisory role to the public.
Saskatchewan Government Insurance (SGI) has observed an increasing number of right-hand drive vehicles hitting Saskatchewan roadways, and has posted an online notice reminding motorists to put safety first.Although you are not required to pass any special road test or examination…
EGI Financial Holdings Inc. (“EGI”) has announced that its wholly owned subsidiary, Echelon General Insurance Company, is entering the Canadian emergency travel health insurance market through agreements with key distributors, which are expected to generate Cdn$16 million in annual premiums.…