Industry
The UKs Court of Appeal handed down judgement that three former Guy Carpenter executives who defected to competitor Integro must be sued in the UK, where they live and work, not in New York, where Guy Carps parent company is based, says a statement from the firm representing the accused, Elborne Mitchell.Guy Carpenter, a reinsurance […]
By Canadian Underwriter | July 13, 2007
1 min read
The Financial Services Commission of Ontario (FSCO) is releasing a revised Pre-approved Framework (PAF) Guideline for Grade I and II Whiplash Associated Disorders and accompanying Pre-approved Framework Extension Request and Discharge Report form (OCF-24/198).The new PAF Guideline is effective on Oct. 1, 2007. Changes in the revised PAF Guideline include: focus on returning the insured […]
By Canadian Underwriter | July 12, 2007
Lloyds current use of Electronic Claims File and the Accounting and Settlement Repository (A&S) fall short of the goals set by the Market Reform Group (MRG), prompting the markets chief executive to threaten mandating the use of the electronic processing tools.The published MRG targets for A&S uptake are 40% by end of 2007 Q2, 60% […]
By Canadian Underwriter | July 11, 2007
2 min read
Allianz Global Corporate & Specialty North America, the corporate and specialty carrier of the Allianz Group in North America, has acquired AIM Underwriting Ltd. (AIM) in Canada.Since its establishment in 1999, AIM, a managing general agent, has maintained a strong presence within the Canadian general aviation industry. It specializes in hull and liability coverage, with […]
Kingsway Financial Services Inc. (TSX: KFS) and its newly formed subsidiary Kingsway 2007 General Partnership (KGP) announced the closing of the public offering of Cdn$1 million prinicipal amount of 6% senior unsecured debentures of KGP.The debentures were sold through a syndicate of underwriters led by Scotia Capital Inc. and including RBC Dominion Securities Inc., a […]
By Canadian Underwriter | July 10, 2007
Transport Canada is making it mandatory for all new cars, vans, light trucks and SUVs to be equipped with anti-theft electronic immobilizers, effective Sept. 1, 2007.Canadian vehicle manufacturers have recently announced plans to equip 2008 model vehicles in Canada with immobilizers, thereby meeting the requirements of the Canadian standard. The manufacturers include: Audi Mercedes-Benz DaimlerChrysler […]
Craig Duncan has been appointed manager of Crawford’s newly created Regional Claims Centre in Ontario.Reporting to Greg Smith, vice president, national programs, Duncan will work with the Regional Claim Centre project team in establishing Crawfords first location in Mississauga, Ontario.The Regional Claims Centre introduces a new concept in client-focused claims service, Crawford & Company (Canada) […]
By Canadian Underwriter | July 9, 2007
Mike Lowthlan has joined Kernaghan Adjusters Toronto office as an executive adjuster. Mikes illustrious career has spanned over three decades, during which time he has earned a well-deserved reputation as a respected executive adjuster in the Ontario market, Patti Kernaghan, president and CEO, said in a release. Mike is well-known for his excellent judgment and […]
By Canadian Underwriter | July 6, 2007
Royal & SunAlliance Canada (R&SA) has announced three executive team appointments, including: Shawn Desantis as senior vice president, R&SA; Steve Knoch as vice president, underwriting operations and information services; and Mike Jakeman, CEO for R&SA Greater China.DeSantis, in his newly created role, will have overall responsibility for commercial and personal lines of business, including accountability […]
Julie Dickson has been appointed to the role of superintendent of financial institutions. The Minister of Finance Jim Flaherty announced Dicksons seven-year term, which is effective immediately. I am pleased Ms. Dickson has agreed to serve in this role to promote the stability and soundness of Canadas financial system, in the best interest of all […]
By Canadian Underwriter | July 5, 2007
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.
