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Insurers need to help replenish the talent reservoir of independent adjusters if they wish to draw on that resource 10-15 years from now.
By Fred Plant, President, Plant Hope Adjusters Ltd. | December 31, 2006
6 min read
Many insurers are rating the Exterior Insulation and Finish System (EIFS) as non-combustible, even though it contains combustible materials.
By Larry Watson, Director of Loss Control, ING Canada | November 30, 2006
Property and casualty insurance claims containing some element of fraud cost Canadians anywhere between $200 million and $300 million in 2005, according to statistics released in November at a Toronto roundtable exploring fraud in Canada. “Industry statistics estimate that of the Cdn$20 billion paid out last year in property and casualty insurance claims, 20% to […]
November 30, 2006
1 min read
Integro (Canada) Ltd. has appointed Brian Cameron as principal and executive broker for the Toronto office. Cameron joins Integro from Marsh Canada, where he served as a senior vice president. He has 35 years of experience as a property and casualty broker, with particular strengths in construction, mining, real estate and heavy manufacturing. “Having represented […]
By Canadian Underwriter | November 28, 2006
Property and casualty insurers were warned to prepare for the possibility that Canadian courts may apply the doctrine of reasonable expectations in cases where the policy language is unambiguous.Michael Teitelbaum, a specialist in civil litigation at Hughes Amys LLP (a member firm of The ARC Group), delivered a speech to the Property and Casualty Underwriters’ […]
By Canadian Underwriter | November 22, 2006
2 min read
Property and casualty insurance claims containing some element of fraud cost Canadians between $200 million and $300 million in 2005, according to statistics released at a Toronto roundtable exploring fraud in Canada”Industry statistics estimate that of the Cdn$20 billion paid out last year in property and casualty insurance claims, 20% to 30% contained some element […]
By Canadian Underwriter | November 14, 2006
ING Canada Inc. (TSX: IIC) has reported a 2006 Q3 profit of Cdn$156.8 million, down Cdn$46 million (or 22.7%) from the Cdn$202.8 million reported in 2005. “The decline from an exceptionally strong third quarter in 2005 reflects lower realized investment gains as well as a reduction in underwriting income driven by lower favorable prior-year claims […]
By Canadian Underwriter | November 9, 2006
Factory Mutual Insurance Co., operating as FM Global, will distribute a collective US$355 million membership credit to policyholders as of Jan. 1, 2007, the insurer announced Wednesday.The form of this one-time credit will be as an insurance premium reduction. It will be handed out to clients of FM Global that renew their policies in 2007 […]
By Canadian Underwriter | October 19, 2006
The Insurance Institute has launched a new national consumer print campaign to promote Chartered Insurance Professionals (CIP), which will first appear in “Canadian Business” magazine on October 8, 2006. The Institute says the new campaign also recognizes the importance of property and auto insurance by staging a concerted effort in “CAA Magazine,” “Cottage Life,” “Reader’s […]
By Canadian Underwriter | October 3, 2006
CSIO has launched its EDI Assessment Project to smooth technological integration between brokers' and insurers' systems
By Joy Martin, Senior Standards Analyst, Administration and Operations, CSIO | September 30, 2006
7 min read
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