News (March 01, 2002)
March 1, 2002 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) was recently honored for its one-hour documentary “Stolen to Order”, which won the 2001 Silver World Medal at the New York Festivals Television Programming and Promotion Competition. The feature on auto theft was hosted…
News (February 01, 2002)
February 1, 2002 by Canadian UnderwriterAdjusters, their suppliers, clients and special guests met at the Metro Convention Center in Toronto recently for the Ontario Insurance Adjusters Association annual Christmas Party (see photos below, courtesy Stephanie Lake Photography). The event was also a chance to welcome…
New CGL Exposure History Repeats
February 1, 2002 William Blakeney, of Blakeney Henneberry Baksh & MurphySince automobiles became the predominant means of transportation in North America, disputes have arisen between automobile and general liability insurers from time to time over losses related to the use or operation of a motor vehicle. A recent court decision, which will require specific exclusions to be made to future CGL policies, goes back full circle to a case decision made more than 40 years ago.
“I Promise” gets discount approval
February 1, 2002 by Canadian UnderwriterDominion of Canada General Insurance Co. has been successful in its bid to have a discount approved by Ontario’s insurance regulator for teen drivers in the “I Promise” program. Domion CEO George Cooke, a staunch supporter of the program, had…
Dominion gets discount approved for “I Promise” program
January 18, 2002 by Canadian UnderwriterDominion of Canada General Insurance has been successful in its bid to have a discount approved by Ontario’s insurance regulator for teen drivers in the “I Promise” Program.Domion CEO George Cooke, a staunch supporter of the program, had applied to…
Insurers lose on “preferred shop” appeal
January 2, 2002 by Canadian UnderwriterA decision by the Ontario Court of Appeal could limit insurers’ ability to recommend preferred collision shops to their claimants. The Court is overturning a lower court judgement from November 1999, and saying that Toronto’s new Collision Reporting Centres bylaw…
News (January 01, 2002)
January 1, 2002 by Canadian UnderwriterMichel Allard (pictured) of Boomerang Tracking invited sleuths to the company’s “track a car thief” event in Toronto recently. The event was also a chance to launch the Boomerang2 device, which instantly tracks unauthorized vehicle movement through Bell Mobility’s wireless…
Collision Repair Following Global Leadership
January 1, 2002 Vikki SpencerAs insurance rates begin climbing upwards, pressure is also increasing to reduce claims costs, particularly in auto insurance. And, while costs associated with collision repair are an obvious target, the size of this segment of the market has been declining over recent years in both revenue and the number of repair shops, delegates at the annual CARSTAR Industry Conference heard. Speakers also highlighted new challenges facing bodyshops through technology and growing customer demands.
“You Can’t Sue Me, I’m Canadian!”
January 1, 2002 Mark Scheer, managing partner of Seattle-based Scheer & SotirhosImportant U.S. Strategies for Canadians
Fraud squad releases annual top ten list
December 18, 2001 by Canadian UnderwriterThe Canadian Coalition Against Insurance Fraud (CCAIF) has handed down its annual “Top Ten” list of insurance fraud schemes, and topping the list is a bilingual fraudster who tried to double file a claim by using both official languages.Other examples…
Mexico, Untapped Opportunities for Brokers
November 1, 2001 Peter Bassel, Toronto branch manager of Loyalist Insurance BrokeFor Canadian brokers, the prospects of developing their existing client relationships by maximizing on the dramatic growth in Canadian business and tourism to and within Mexico is immense. The trick lies in not being overwhelmed by the prospect of dealing with foreign business practices.
Peripatetic Rep: Cost-Cutting Blues
October 1, 2001 AxiomThe inviting smell of cooking hamburgers wafted in the warm sunny air as I walked across the park. A dozen large barbecues were lined up side-by-side, each with a smother of patties sizzling away. Off to another side there was…