The Cap’s Odyssey Continues
July 1, 2009 David Gambrill, Editor & Vanessa Mariga, Associate EditorAlberta’s Court of Appeal has ruled that the province’s cap on damages for minor auto injuries is constitutional, since it is only one piece of a broader legislative scheme that includes treatment protocols and payments for minor injury victims.
Launching Commercial Tech
June 1, 2009 Craig HarrisOnce thought to be too complex an area for technological automation, commercial lines have emerged in the forefront of an eternal quest to find the ultimate, real-time data transfer between brokers and their markets.
Measuring Property Coverage Limits
June 1, 2009 Klaas Westera, Executive And Business Consultant, K. Westera Services Inc.Reconstruction cost is the appropriate measure for determining property limits, although many feel that market value is the more intuitive answer.
Establishing ITV Best Practices
April 1, 2009 Brenda Rose, Firstbrook Cassie and AndersonBrokers looking at the insurance-to-value (ITV) issue have prepared a white paper that puts forward “best practices” for handling ITV in the future.
What Is A ‘Human Factors’ Expert Anyway?
March 31, 2009 Jason YoungHave you ever wondered exactly what ‘human factors’ referred to, but were to afraid to ask? Over the last decade, human factors experts have played an increasingly significant role in the handling of claims and litigation. Presumably, most claims stem…
Canadian Insurance Industry Records Bleakest Hiring Outlook Since 1994
March 31, 2009 byThe hiring outlook in the finance, insurance and real estate segment of Canada’s economy has declined to its least optimistic level in 15 years, according to survey data released by Manpower Canada. The Manpower Employment Outlook Survey is conducted quarterly…
Containment Strategies
January 31, 2009 Laura KupcisCommunication key to curbing escalating property claims costs
All is Not Lost
January 1, 2009 Christopher R. Dunn, Partner, Dutton Brock LLP‘Faulty Design’ Exclusion; In a narrow decision, the Supreme Court of Canada ended a 15-year legal saga based on a ‘faulty design’ exclusion. The scope of the decision may be more limited than people think.
Catching Smoke
January 1, 2009 Craig Harris, Freelance WriterThe claims community is perhaps the best witness to the discrepancies that occur between the modelled reconstruction values of properties and the true costs to rebuild them.
Does Size Matter?
December 1, 2008 David Gambrill, Editor and Vanessa Mariga, Associate Editor88th Annual General Meeting of the Insurance Brokers Association of Ontario; Ontario’s Brokers Have A Number Of Issues On Their Mind, Including The Best Measure Of An Insurance Company’s Financial Solvency, Ownership And Control Of Brokerages And The Use Of Internet Technology.
Correction (December 01, 2008)
November 30, 2008 byIn the October/November Spotlight feature, John Schick was incorrectly listed as an adjuster at MidWest Claims Services. He is, in fact, the company’s auto/machinery appraiser. We apologize for the error. •
Explosive Claims
September 30, 2008 Laura KupcisA 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.