Claims
The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers that Capital United Brokers, and an individual called “Gina” claiming to represent the company, are not licensed to do insurance business in the province. Following a referral, consumers contacted “Gina” directly by phone at 601-990-6303, and at 276-415-6028, according to FSCO. The individual […]
By Canadian Underwriter | October 10, 2013
1 min read
An Ontario man has pleaded guilty to public mischief for falsely reported a stolen vehicle that Aviva Canada said was sent to Nigeria, the insurer said Thursday. Desmond Stewart, 55, from Whitby, Ont., has been ordered to pay $3,450, received one year’s probation, and is required to complete 100 hours of community service, according to […]
WASHINGTON – Starting in about a decade, Kingston, Jamaica, will probably be off-the-charts hot – permanently. Other places will soon follow. Singapore in 2028. Mexico City in 2031. Cairo in 2036. Phoenix and Honolulu in 2043. And eventually the whole world in 2047. A new study on global warming pinpoints the probable dates for when […]
4 min read
BEIJING – Shanghai city officials closed more than 60 parks and the city zoo as residents waded through flood waters after heavy rains hit the financial hub in the aftermath of Typhoon Fitow. The Shanghai municipal government said Tuesday that the city had been hit with 152 millimeters (six inches) of rain, the highest single-day […]
By Canadian Underwriter | October 8, 2013
Economic losses from natural disasters globally in September are estimated at about $15 billion, according to the latest recap report from Aon Benfield’s model development centre, Impact Forecasting. Hurricanes Manuel and Ingrid made landfall on opposite sides of Mexico with 24 hours of one another, causing major damage across the country and resulting in nearly […]
2 min read
SASKATOON – About 180 people were evacuated from four high-rise buildings in Saskatoon as part of a multi-agency drill to test the city’s emergency preparedness. The people taking part in Exercise Domino were transported Monday morning to a reception centre in Warman, Sask. Anthony Tataryn, the city’s emergency measures coordinator, says from moving a few […]
By The Canadian Press | October 8, 2013
CALGARY – Berms and bypasses, with a combined price tag as high as $830 million, should be built quickly to help protect southern Alberta communities from future deluges, a flood mitigation symposium heard Friday. Richard Lindseth – an architect speaking on behalf of a three-member, government-appointed flood mitigation panel – said three berms with dry […]
By Canadian Underwriter | October 7, 2013
Verisk Analytics Inc. recently announced it has formed a new division that specializes in weather and environmental analytics products for insurance carriers and other markets. “The climate division was formed to introduce new weather and environmental analytics that will enable our clients to assess and plan for environmental impacts and implement strategies to differentiate and […]
By Canadian Underwriter | October 4, 2013
NEW ORLEANS – Though weakening slightly, Tropical Storm Karen remained poised Friday to become the first named storm to hit the U.S. in what has been a relatively quiet hurricane season. National Hurricane Center forecasters expect Karen to be near the central Gulf Coast on Saturday, likely as a weak hurricane or tropical storm. From […]
The insurance industry has formed a new not-for-profit organization focused on using analytical tools to identify suspicious claims in the industry’s pooled data, to facilitate further investigation. Canadian National Insurance Crime Services, or CANATICS, will provide insurance companies with a new tool to fight auto insurance fraud, a significant problem for the industry in Ontario […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
