Claims
The release of pollutants such as fuel, motor oil or lubricants, coolant or brake fluid can cause environmental impairment in the event of a trucking collision
By Joel van Popta, Senior Associate, -30- Forensic Engineering. | February 10, 2017
5 min read
The insurance claims process has traditionally been inefficient, and insurance companies are trying to use computer analytics to improve the process
By Dara Banga, president, DSB Claims Solutions | February 10, 2017
Krista McCann and Lisa Montgomery took ownership of Fair Way Adjusters in Saskatoon, Saskatchewan, after Blaine Tower, the previous owner, died of cancer.
By Emily Atkins, Editor | February 10, 2017
You cannot turn a page, open a news article, turn on the television or even have a conversation without technology somehow weaving its thread in. We are bombarded with the latest advancements in all industry sectors. In my last message I spoke a great deal about the very technology that is changing and disrupting the […]
By Heather Matthews, President, Canadian Independent Adjusters' Association | February 10, 2017
3 min read
Vous ne pouvez pas tourner une page, ouvrir un article, allumer la télévision, ni même avoir une conversation sans que la technologie s’en mêle, d’une façon ou d’une autre. Nous sommes bombardés par les derniers progrès dans tous les secteurs de l’industrie. Dans mon dernier message, j’ai longuement parlé de cette même technologie qui modifie […]
By Heather Matthews, president, ACEI | February 10, 2017
Fairfax Financial Holdings Ltd., the corporate owner of Northbridge Insurance, announced Wednesday it has agreed to buy Auckland-based Tower Limited, which writes property and casualty insurance in New Zealand and nearby nations. Tower’s shareholders, if they approve the deal, would get 1.17 New Zealand dollars (worth about 94 cents on Thursday), meaning it would cost […]
By Canadian Underwriter | February 10, 2017
4 min read
Trisura Guarantee Insurance Company has announced that it is forming Trisura Group Ltd., a new Canadian insurance holding company. Trisura Guarantee is currently owned 60% by Brookfield Asset Management and 40% by Trisura employees through a holding company. Mike George, president and CEO of Trisura Guarantee, said in a statement on Thursday that it is […]
By Canadian Underwriter | February 9, 2017
2 min read
Understanding, anticipating and properly responding to reservation of rights letters is integral to risk professionals’ ability to protect their organizations and realize the full value of insurance policies, according to a new report from RIMS. Released on Thursday, the RIMS Professional Report, titled A Risk Management Guide to Reservation of Rights, guides risk professionals in […]
ELKO, Nev. – An earthen dam failed in a rural area of northeastern Nevada and caused flash flooding that threatened homes, sent waters over low-lying roads and farms and forced the rerouting of trains, officials said. The National Weather Service said Wednesday night that the flash floods posed possibly life-threatening situations for rural residents, but […]
By Jason Contant | February 9, 2017
Major severe weather and flood events in the United States in January led to billion-dollar cost for the insurance industry, according to Aon Benfield’s latest Global Catastrophe Recap. The January report noted that separate major severe weather outbreaks swept across the U.S. last month, killing a total of 27 people. The most prolific event occurred […]
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