Claims
A comprehensive analysis by researchers at Oregon State University (OSU) suggests the southern Oregon coast, not so far from Vancouver Island, may be vulnerable to earthquake sometime in the next five decades. OSU researchers reached that conclusion, based on recurrence frequency, after completing the analysis of the Cascadia Subduction Zone off the Pacific Northwest coast. […]
By Canadian Underwriter | August 2, 2012
2 min read
Traffic safety partners in Ontario are reminding the public of the importance of remaining focused behind the wheel with the launch of an anti-distracted driving campaign. The South Central Ontario arm of the Canadian Automobile Association (CAA SCO), Ontario’s Ministry of Transportation, the Ontario Provincial Police and other Traffic Safety Coalition partners launched the four-week […]
By Canadian Underwriter | August 1, 2012
1 min read
An insurance economics think-tank recommends revisiting proposed criteria designed to prevent destabilization of the financial system should a very large insurer collapse, including reversing the view that certain situations are detrimental. The comments were made as part of The Geneva Association’s response to the Proposed IAIS Methodology for the Identification of Global Systemically Important Insurers, […]
Insurance is a central part of innovative government partnerships with private businesses, called P3s, which help get critical new infrastructure built.
By David Grigg and Carl Spensieri, XL Group | July 31, 2012
5 min read
The Supreme Court of Canada has reinforced the notion that the "but for" test remains the test for proof of causation in negligence - and exceptions will be few.
By Belinda Bain, Partner and Julia Vizzaccaro, Student at Law; Gowlings (Toronto) | July 31, 2012
6 min read
A technology meant to help in the war on auto theft has come under fire, launching a review by the Office of the Information & Privacy Commissioner for British Columbia. Commissioner Elizabeth Denham says her office is now reviewing automatic licence plate recognition (ALPR) programs by law enforcement and if they comply with B.C.’s Freedom […]
By Canadian Underwriter | July 31, 2012
Consolidation in the property and casualty insurance industry has had a massive impact on independent adjusters in several ways - claims volume, pricing, national contracts and procurement models. Firms ranging from small shops to regional players to national (or multinational) companies are adapting quickly with a combination of new and proven strategies.
By Craig Harris | July 31, 2012
12 min read
The Financial Services Commission of Ontario's (FSCO) review of catastrophic impairment, submitted to the Finance Minister, was part of the government's auto insurance reform package implemented in 2010. It said psychiatric and physical impairments should not be combined for the purpose of determining a catastrophic impairment of the whole person.
A recent Ontario Court of Appeal decision, Tedford v. TD Insurance Meloche Monnex (2012), potentially injects uncertainty into how defence costs can or should be allocated before an action has been concluded. We believe the decision is helpful to insurers, but it may raise more questions than it answers. This could result in more litigation […]
By Michael S. Teitelbaum | July 31, 2012
7 min read
Incoming CIAA president John Seyler feels a strong sense of giving back to the independent adjusting profession
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.
