Canadian Underwriter


Feature

Insurers take action in Atlantic Canada

August 1, 2001 by Canadian Underwriter

Insurers acting through the industry’s national lobby body, the Insurance Bureau of Canada (IBC), are currently engaged in high-level meetings with provincial government officials in Atlantic Canada with a view to introducing rapid reform to the basic auto insurance product.…
News Insurance

Insurers take action against rising auto claim costs in Atlantic Canada

July 16, 2001 by Canadian Underwriter

Insurers acting through the industry’s national lobby body, the Insurance Bureau of Canada (IBC), are currently engaged in high-level meetings with provincial government officials in Atlantic Canada with a view to introducing rapid reform to the basic auto insurance product.The…

 A panel discussion group representative of some of the top players in the insurance and auto repair-shop industries was hosted by I-Car at its recent 2001 National Collision Repair Conference which took place in Montreal, Quebec. The issues debated were wide in range, however, all of the speakers agreed that formal service standards have to be set in what is becoming an increasingly competitive market environment - one which has seen growing tensions between insurers and their claim handling partners in the battle for cost-containment.
Feature

Collision Repair: SERVICE DETERMINES PROFITABILITY

May 1, 2001 Sean van Zyl, Editor

Speakers of an insurer/collision discussion panel hosted by the industry’s international education body I-Car at its recent Canadian national conference were provided with the stark theme of dealing with “reality”. On a particularly “realistic note” was the thick tension in…
Feature

Driving Economics

April 1, 2001 Sean van Zyl, Editor

The business environment facing Canada’s property and casualty insurers over the year ahead is going to be tough, with the industry having closed the 2000 financial year with its first quarterly net loss since the 1970s and a dismal 6.2%…
Feature

Healthcare: a Tear in the Claims Management

January 1, 2001 Sean van Zyl, Editor

In the few short years between 1991 and 1998, the cost of healthcare as a percentage of auto claims across Canada rose on average by almost a third to the point where amounts paid out by insurers toward vehicle damage/loss…
Feature

High Impact Ahead

May 1, 2000 Sean van Zyl, Editor

With the growth of property and casualty insurance industry earnings having plummeted to almost a 20-year low on the back of poor investment returns and intense rate competition — which saw last year’s annual rate of premium growth clock in…

 MARK WEBB
Feature

Industry looks outward to control auto costs

October 1, 1999 Lowell Conn

A recent Competition Bureau decision favoring “insurer preferred bodyshops” has provided auto property and casualty insurance companies with much needed ammunition in a pending court battle with the City of Toronto to overrule a longstanding by-law prohibiting the establishment of…