An oil spill case shows the consequences of not naming an additional insured on a policy
Telematics is revving up. Fuelled by the promise of securing consumer loyalty and gaining competitive advantage, offerings from traditional and non-traditional players in the property and casualty space are meant to help position companies for the future. But will current regulatory restrictions serve to stall out the possibilities?
Brokers are moving the needle on telematics for commercial auto insurance. New data solutions could allow fleet owners of all sizes to keep closer tabs on their vehicles for pricing discounts – and improved safety.
1 The Canadian Independent Adjusters’ Association (CIAA) has announced that Albert Poon [1a] has replaced David Porter [1b] as CIAA president. Poon, who had been CIAA’s 1st vice president, is director of operations at Cunningham Lindsey Canada Claims Services Ltd.…
Aligning your Resources to Support Strategy
Whether they are hauling laundry detergent, t-shirts or electronics, trucking companies – and their insurers – are facing a rising tide of crime that involves more than just theft.
A recent survey of Allianz experts around the globe shows that businesses take some risks very seriously, but widely underestimate others. Among the latter are the risks of power outages and cyber crime.
From the seven ancient wonders of the world, the only one left standing today is the Pyramid of Khufu in the Egyptian desert. Any man-made environment is destined to vanish eventually, but we are convinced that buildings will stand forever.…
How recent court decisions may affect adjusters
CANADIAN MARKET Net income up, loss ratios down Financial results for the Canadian property and casualty insurance sector improved during the first six months of 2012 improved over the same period in 2011, new figures from MSA Research Inc. show.…
Risk and Insurance Management Society (RIMS) president Deborah M. Luthi sees opportunity for creativity in risk management.
Consolidation in the property and casualty insurance industry has had a massive impact on independent adjusters in several ways – claims volume, pricing, national contracts and procurement models. Firms ranging from small shops to regional players to national (or multinational) companies are adapting quickly with a combination of new and proven strategies.