Claims
The Allstate Corp. released Wednesday its financial results for the quarter ending June 30, reporting a 44.7% increase in catastrophe losses, a 8.46% increase in property-liability claims and claims expenses, a 1.3-point increase in the property-liability combined ratio and a 41.5% increase in net income. Northbrook, Ill.-based Allstate reported its property-liability insurance premiums earned were […]
By Canadian Underwriter | July 31, 2014
3 min read
Private sector-run auto insurance systems in provinces across Canada are experiencing troubling loss trends in key areas. While reforms, such as minor injury caps, treatment protocols and anti-fraud measures, have had stabilizing effects in recent years, there are signs of overheating in claims frequency and severity. Adjusters argue that a more thorough approach to claims handling and statement taking at first notice is a sound way to address cost pressures.
By Craig Harris, freelance writer | July 31, 2014
11 min read
A review of recent legal cases shows some interesting developments involving property insurance claims.
By Glenn Gibson, Chief Executive Officer, Crawford & Company Consulting | July 31, 2014
When it comes to auto physical damage losses, the two are not mutually exclusive.
By Jeremy Bowler, Senior Director, Insurance Practice, J.D. Power. | July 31, 2014
6 min read
Insurers and adjusters shouldn't overlook the role of the standard mortgage clause in the property insurance policy.
By Bruno De Vita, partner; and Hollis Bromley, partner, Alexander Holburn Beaudin + Lang LLP | July 31, 2014
5 min read
Burnaby, B.C.'s David Porter plans to bring some fresh ideas and focused solutions to the CIAA in his role as president for 2014-2015.
By Craig Harris | July 31, 2014
Is asbestos dust and asbestos containing settled dust the same difference?
By Michel Millmore, Professional Technologist, CEP Forensic Engineering | July 31, 2014
How this legal doctrine impacts the sharing of defence costs between primary and excess insurers.
By Chad Leddy, Associate, Dutton Brock LLP | July 31, 2014
The Angus, Ontario tornado showed some deficiencies in construction methods - some of which can be fixed cheaply.
July 31, 2014
4 min read
Four years ago, in her final ‘President’s Message’, CIAA Past President Patti Kernaghan posed the question: Who will advocate for the independent adjusting profession in Canada, if not independent adjusters themselves? Today as the 60th President of our association, once again I can not help but think back to that fateful day in December 1953 […]
By Marie Gallagher, President, Canadian Independent Adjusters' Association | July 31, 2014
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