Framing the New Frontier
March 1, 2011 J.M. Reynolds, Social Media ConsultantOpportunities arising from social media do not come without risks, and a company would be wise to have a social media policy in place.
MarketPlace (February 01, 2011)
February 1, 2011 by Canadian UnderwriterCanadian Market Canadian catastrophes in 1998, 2005, 2009 and 2010 cost industry $3.8 billion Canadian catastrophes in 1998, 2005, 2009 and 2010 affected 850,000 insured properties and collectively cost the industry $3.8 billion, according to data from PCS-Canada. These figures…
Privacy Commissioner reaches impasse with SGI over collection of health information under province’s Insurance Act
January 31, 2011 byThe Office of the Information and Privacy Commissioner in Saskatchewan says it has reached an impasse with Saskatchewan Government Insurance (SGI) over three ‘breach of privacy’ complaints related to the collection of personal health information under the Automobile Accident Insurance…
Alberta’s New Rules of Court
November 30, 2010 Nanette S. Kufeldt And Lovely Ann N. RejzekThe new Alberta Rules of Court — proclaimed in force on Nov. 1 — apply to all existing proceedings. The new Rules have been completely reorganized and are now arranged chronologically according to the stage of litigation. Ideally, the justice…
Pulling Heads Out of the Sand
November 1, 2010 Jay A.R. CassidyEven the most ardent ostriches in the world of underwriting D&O insurance must be aware of a trend in which the U.S. plaintiff’s bar is taking an active interest in Canada’s approach to class action litigation.
Drawing a Line in the Sand
October 1, 2010 Rick HynesInsurance buyers should be asking their brokers: For whom do you really work — insurance carriers or buyers?; Opinion/Analysis
Property Loss Update (October 01, 2010)
September 30, 2010 Glenn GibsonSome very important cases have come out of the appeal courts in Nova Scotia and Alberta. While the Ontario courts drive significant litigation action, we have terrific legal minds across the country and it’s important to view their arguments before…
Logical Flow
September 30, 2010 Brian L. HoffmannBritish Columbia’s new Supreme Court Civil Rules
The Domino Effect
August 1, 2010 Vanessa MarigaEuropean regulators have proposed very stringent capital requirements for the European insurance market as part of Solvency II. Risk managers in both Europe and Canada are concerned these requirements might have a ‘domino effect’ on the Canadian market, featuring shrinking coverage availability, higher prices and, potentially, mergers and acquisitions.
Privatizing Surveillance
August 1, 2010 Abigail C.F. Turner & Kim YeeEditor’s Note: Just as Canadian Underwriter went to press, the Federal Court of Canada ruled in State Farm v Privacy Commissioner of Canada that using surveillance for the purpose of mounting a defence in a civil legal action does not fall under the Privacy Act, although the Privacy Commissioner does have jurisdiction to investigate the matter.
Reinsurance Reform
July 1, 2010 J. Brian ReeveOSFI’s recommended reinsurance reforms would eliminate percentage limits on the use of unregistered and registered reinsurance, but will these reforms change much in Canada’s current reinsurance marketplace?
Reinsurance Governance
July 1, 2010 Robert McDowell & Koker ChristensenResponse Paper: Reforming OSFI’s Regulatory and Supervisory Regime for Reinsurance; OSFI spells out its new expectations related to reinsurance governance and risk management.