Companies improving their data management processes might find a correlated improvement in their risk modeling.
How red-yellow-green LED technology is helping to change driving behaviours and develop safer drivers.
FOR A COMPLETE LIST VISIT www.canadianunderwriter.ca AND CLICK ‘MY EVENTS CALENDAR” ON THE HOME PAGE 1 Maurice Tulloch [1a] is the new president and CEO of Aviva Canada, effective Jan. 1, 2010. He replaces Robin Spencer, current president and CEO,…
Pollution liability arising from permafrost degradation, climate change disclosure and risks associated with new shipping lanes are among the emerging insurance implications of climate change in Canada’s North, according to a report by the National Round Table on the Environment…
Andrew Hernandez has been appointed executive general adjuster and district manager for Vancouver Metro, Fraser Valley and Victoria, BC regions of Cunningham Lindsey. Hernandez holds more than 22 years of insurance adjusting experience. He was most recently a senior general…
Property and casualty insurance fraud is estimated to be a Cdn$1.3-billion business, making detection and prevention through advanced technology an important cost-saving strategy.
Fortunately for the Insurance Brokers Association of Canada (IBAC), “the banks never got” Justin MacGregor, its incoming president, when he first started looking for work in 1977.
It seems the global financial conflagration was sparked in part by a handful of complacent decision makers who should have been challenging what their risk models were telling them. The resultant financial meltdown had the potential to devalue the entire risk management discipline and erode its credibility. And yet, risk managers appear to have emerged from the smoke and ashes with a stronger sense of purpose and a clearer sense of what constitutes good technique.
NOVA SCOTIA CAP RULING, PART TWO The judge of the Supreme Court of Nova Scotia who dismissed the challenge to the province’s minor injury cap has issued a second part to his written decision. Justice Walter Goodfellow issued the second…
Geoffrey Machum, a partner at Stewart McKelvey in Halifax, was a key figure in a big win for the insurance industry on the issue of auto insurance caps for minor injuries.
Business Intelligence (BI) is a technological tool that allows insurers to do things with their data that are typically very expensive and are therefore overlooked as a means to increase competitive advantage
Brokers, insureds and (re)insurers will face divergent pressures in the near future related to the need for D&O insurance capital.