Claims
Granite Claims Solutions announced in December that Bruce Martin has joined the GCS team as Vice President, Strategic Solutions. Bruce has over 20 years experience in the insurance business, having held senior claims, sales, and leadership roles at both insurers and independent adjusting firms. Bruce’s role in Strategic Solutions will be to act as a […]
December 1, 2012
1 min read
CSN Collision & Glass announced in November that it will be partnering with Quebec-based Carrossier ProColor to create Canada’s largest national collision network. Carrossier ProColor will now represent the interest of CSN in Quebec as a Proud Member of CSN Collision & Glass. This new strategic alliance will create the largest network of collision repair […]
More than 220 guests boarded the Yankee Lady III on August 23rd for the 4th Annual WINMAR Toronto/Brampton Cruise fundraiser, which collectively raised $5,000 for Dog Guides Canada. This will contribute to the following… ” From guiding their handlers through their daily lives to getting help when it’s needed most, Dog Guides play a crucial […]
The 2012 Atlantic hurricane season officially ended Friday, one that included 19 named storms, including Hurricane Sandy, which devastated much of the eastern United States in October. Ten named storms became hurricanes this year, and Hurricane Michael, a Category 3 storm, was the only “major” one, the U.S. National Oceanic and Atmospheric Administration (NOAA) noted. […]
By Canadian Underwriter | November 30, 2012
2 min read
The Court of Appeal for Ontario has upheld a decision by a lower court to dismiss the appeals by insurers, in a case involving the wait time for mediation from the Financial Services Commission of Ontario (FSCO). The case, Hurst vs. Aviva Insurance Company, involved four individuals making separate but similar claims to their different […]
By Canadian Underwriter | November 29, 2012
As much of the country’s population grows older, many Canadians are being thrown into an unfamiliar new role – one that arguably has become more risky over time. The risk that comes with being the non-professional executor of a will or an estate trustee has been targeted by the creators of Waterloo, Ont.’s ERAssure, an […]
4 min read
The Insurance Bureau of Canada (IBC) has reported the preliminary estimate for insured losses in Canada from “superstorm” Sandy at about $100 million. The estimate comes from Property Claim Services Canada (PCS-Canada), a service that tracks insured losses arising from catastrophic events in Canada. Its data suggests that thousands of claims have been filed for […]
By Canadian Underwriter | November 28, 2012
AIR Worldwide has updated its estimates of insured losses from post-tropical cyclone Sandy to between US$16 billion and US$22 billion. The updated estimate is a result of the latest available information on surge height and extent from the U.S. Geological Survey, surface wind speed observation data, and findings from AIR’s post-disaster survey teams, notes a […]
By Canadian Underwriter | November 26, 2012
The Ontario Trial Lawyers Association (OTLA) has responded the recent final report from a task force on auto insurance fraud in the province, and while it says it’s supportive of most recommendations, some of them could use some work. Among the recommendations, The Ontario Automobile Insurance Anti-Fraud Task Force suggested the creation of an implementation […]
3 min read
Swiss Re Group is currently estimating claims flowing from Hurricane Sandy will be about US$900 million, net of retrocession and before tax, although the company emphasizes approximations are subject to change. Hurricane Sandy affected the Caribbean and the Bahamas. In the United States, Sandy made landfall near Atlantic City on Oct. 29, causing high winds […]
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