Claims
Casualty premiums account for roughly 10 per cent of the overall insurance market in Canada. However, the severity of long-tail liability claims can put disproportionate pressure on adjusters to effectively manage and adjudicate losses. Key risks, such as asbestos and tobacco, have had a huge impact on insurance companies when it comes to reserving for future claims. What are the current risks that insurers and independent adjusters should have on their radar screen? And what emerging exposures may cross the liability line?
By Craig Harris, Freelance Writer | September 30, 2014
12 min read
How the investigation of public-private partnership (P3) claims poses challenges for adjusters.
By Sean Forgie, national director, casualty/liability, major loss services, Cunningham Lindsey | September 30, 2014
6 min read
Evaluating driver response can be a complex task for engineers and scientists.
By Kurt Ising, senior engineer and principal; Dr. Jason Droll, senior scientist; and Pamela D'Addario, project engineer, MEA Forensic Engineers & Scientists | September 30, 2014
Albert Poon leads the Canadian Independent Adjusters' Association in what he calls a "critical year" for the organization.
September 30, 2014
5 min read
Ontario Court of Appeal fails to clarify the duty to defend an additional insured.
By Josiah T. MacQuarrie, lawyer, Dutton Brock LLP | September 30, 2014
Establishing a "nexus" or connection is key to finding out which insurance company pays, as one legal case shows.
By Daniel Strigberger, partner, insurance litigation group, Miller Thomson LLP | September 30, 2014
A single related claim must involve analysis of specific facts around each allegation and cause of action.
By Jared D. Epp, lawyer, Robertson Stromberg LLP | September 30, 2014
Insurance Solutions to a Growing Threat
By Insurance Institute of Canada | September 30, 2014
4 min read
The Office of the Superintendent of Financial Institutions (OSFI) noted in its recently released annual report for 2013-14 that the target in Ontario to reduce auto insurance premiums by 15% could have a negative impact on profitability. “Domestically, personal auto insurance continued to be the major underwriting challenge. Reforms related to accident benefits improved profitability […]
1 min read
2013 and 2014 reflect stories in severity versus frequency for the property and casualty industry in Canada, Joel Silverthorn, a senior financial analyst for A.M. Best Company Inc., said during the company’s 2014 Insurance Market Briefing – Canada held in Toronto September 4. With events such as ice damming, frequent storms and continued water events, […]
2 min read
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