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Is your toy motor scooter covered under your property insurance? Don’t count on it, warns the Insurance Brokers Association of Ontario (IBAO).The IBAO has posted a warning on its Web site that many insurers don’t cover motorized toys under property policies.”We have received several inquiries at the IBAO office in regard to insurance on motorized […]
By Canadian Underwriter | July 27, 2006
1 min read
Crawford Adjusters Canada recently appointed John Taylor to the position of vice president, human resources and training. Taylor began his career as an independent insurance adjuster at Crawford after graduating from Wilfrid Laurier University’s Bachelor of Business Administration program in 1986. He worked as an all lines adjuster in the firm’s Guelph branch upon graduation […]
By Canadian Underwriter | July 10, 2006
2 min read
Thirty-one British Columbia cities, districts, and municipalities will receive ICBC grants in place of real property and business taxes totaling CD$4.4 million this year, ICBC has announced.As a provincial Crown corporation, ICBC is not required to pay business and property taxes. Instead, communities receive annual grants that are equal to the taxes that would be […]
By Canadian Underwriter | July 5, 2006
CARSTAR Automotive Canada has signed a national agreement to utilize the claims portal, SMART Insurance Technology managed by CGI Insurance Business Services. CARSTAR’s 114 nationwide locations will now begin to receive assignments from SMART users. The SMART portal automates and streamlines the communication process between claim adjusters and other participants on a claim driving quality […]
By Canadian Underwriter | July 4, 2006
According to a recent survey of reinsurers’ statutory underwriting results, a group of 24 property-casualty reinsurers wrote US$6.6 billion of net premiums during the three months ended March 31, 2006. The report, conducted by the Reinsurance Association of America (RAA), indicates that the reinsurers’ combined ratio was 98.4%, a sight increase over the combined ratio […]
June 30, 2006
Private damage insurers in 2005 collected CD$7.1 billion in premiums in Qubec almost the same level as the CD$7 billion collected in 2004, according to a recent report to Quebec’s National Assembly. “The damage insurance business in Qubec was therefore stable in 2005,” according to the report, prepared by the Autorit des marchs financiers (AMF).The […]
By Canadian Underwriter | June 26, 2006
Insurers recently offered support and appreciation for a special brochure called Insuring Old Homes in Nova Scotia.”We’re pleased that anyone in Nova Scotia who owns a heritage home has more information today on the insurance options available to them,” Don Forgeron, vice-President, Atlantic, Insurance Bureau of Canada (IBC), says. “This brochure helps get out the […]
By Canadian Underwriter | June 23, 2006
The Co-operators Group Ltd. recently launched a Claims Guarantee that is meant to address Canadian consumer uncertainty in the insurance company.”Some people hesitate before making an insurance claim or even asking questions about their coverage,” Kathy Bardswick, president and CEO, the Co-Operators, says. “They’re not sure what to expect during the claims process or whether […]
By Canadian Underwriter | June 16, 2006
Celebrating 25 years of "fun" at Peace Hills Insurance
By David Gambrill | May 31, 2006
6 min read
According to a recent survey of reinsurers’ statutory underwriting results, a group of 24 property-casualty reinsurers wrote US$6.6 billion of net premiums during the three months ended March 31, 2006.The report, conducted by the Reinsurance Association of America (RAA), indicates that the reinsurers’ combined ratio was 98.4%, a sight increase over the combined ratio of […]
By Canadian Underwriter | May 26, 2006
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