Claims
Hurricane Katia, the season’s second hurricane, is gradually approaching the southeast coast of North America as a Category 1 storm.The U.S. National Hurricane Center (NHC) predicts Katia will become a major hurricane by Sept. 3.For the moment, wind shear in the Atlantic has inhibited the development of Katia into a major (Category 3-5) hurricane, the […]
By Canadian Underwriter | September 1, 2011
1 min read
Only 11 of 88 major U.S. insurers surveyed recently have formal policies in place to deal with growing climate change risks, according to a new report issued by Ceres.The report was to have been delivered at a conference of the National Association of Insurance Commissioners (NAIC) that was cancelled due to Hurricane Irene.The report, Climate […]
2 min read
Insurance law is globalizing, and international networks of independent law firms present an attractive alternative to a merger between individual firms.
By David Gambrill, Editor | August 31, 2011
5 min read
Credit scoring should be banned throughout Canada, according to more than half (58%) of respondents to www.canadianunderwriter.ca‘s latest online poll. Of the 163 respondents, 42% said “no” to an all-out ban on the use of credit scoring in Canada. Greg Dunn has been appointed executive vice president of Claims and Customer Service Operations (C&CSO) at […]
August 31, 2011
More than 220 golfers attended the 12th annual WICC Ontario Golf Tournament on July 11 at Angus Glen Golf Club in Markham, Ontario. Attendees enjoyed a barbeque lunch, silent auction, raffle and dinner. A WICC cheque for $250,000 was presented to the Canadian Cancer Society.
The Canadian Independent Adjusters’ Association (CIAA) held its 27th Annual General Meeting and Conference at the JW Mariott The Rosseau Muskoka Resort & Spa August 24-28. More than 60 delegates joined together for a trade show, a day of education, a dinner cruise and the member meeting. At the President’s Banquet & Ball, Greg Merrithew […]
More than 150 guests boarded the Yankee Lady III for a four-hour tour of the Toronto harbour. The third annual event, co-sponsored by Winmar Toronto/Brampton and Gilbertson Davis Emerson LLP, raised $5,000 for Kerry’s Place Autism Services. The cruise, held August 18, provided guests not only the opportunity to raise money for a valuable cause, […]
Alberta’s distracted driving law comes into effect on Sept. 1, making it the next province to ban the use of hand-held devices. But the province took it one step further, applying the law to low-tech distractions such as reading printed materials and settling down pets in the front seat.The legislation bans the use of hand […]
By Canadian Underwriter | August 31, 2011
Hurricane Irene likely caused between $3 billion and $6 billion in insured losses to onshore properties in the United States, according to AIR Worldwide. AIR’s preliminary estimate includes wind and storm surge damage to onshore residential, commercial and industrial properties and their contents, automobiles and time element coverage (additional living expenses for residential properties and […]
By Canadian Underwriter | August 30, 2011
The Ontario Superior Court of Justice has found that a man attacked and beaten in his car while parked at a gas station was involved in an “accident” under the Statutory Accident Benefits Schedule (SABS). In Downer v. Personal Insurance, Michael Downer was parked at a gas station pump in the east end of Toronto […]
By Canadian Underwriter | August 29, 2011
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