Industry
CarProof Vehicle History Reports is offering a free flood damage check on its website so that individuals thinking about buying a used car from the United States can check for water damage, including as a result of Superstorm Sandy. After entering the vehicle identification number or VIN, the check will indicate if the car has […]
By Canadian Underwriter | November 19, 2012
2 min read
The Dominion has launched a new YouTube-based risk management series of tools and content aimed at commercial building owners, available for its brokers to use on their own websites and share through their social media feeds. The YouTube toolkit, called the Business Protection Series, includes videos related to loss prevention planning and reducing the impact […]
Insurance quote comparison company Kanetix Ltd. has acquired Insurance Hotline for an undisclosed amount from subsidiaries of Torstar Corp., in a transaction finalized Thursday. The Kanetix.ca and InsuranceHotline.com websites will “marketing strategies,” but will continue to run as separate brands managed by Kanetix Ltd. Insurance Hotline also includes ComparaSave.com, another price comparison website for insurance and […]
By Canadian Underwriter | November 16, 2012
Ontario motorists are reminded of the need to take certain precautions this winter to avoid collisions involving snow plows. A province-wide public awareness campaign, launched on Friday in Ottawa by transportation minister Bob Chiarelli, was started by the Ontario Road Builders’ Association (ORBA) to answer concerns about reckless driving around snow plows. The Ontario Provincial […]
Claims technology provider Symbility Solutions has reported a net loss for the third quarter of the year of $159,000, though it reported “record” revenue of $4.9 million for the quarter, up significantly from the same period last year. The Toronto company’s revenue increase for the quarter is up 144% from the $2 million in revenue […]
The Ontario Motor Vehicle Industry Council (OMVIC) is reminding consumers to be vigilant as storm and flood-damaged vehicles from Hurricane Sandy’s aftermath may enter the province’s market. This is somewhat of a “historical pattern,” noted OMVIC, the administrative authority tasked with protecting consumers under the Motor Vehicles Dealers Act. “After Hurricane Katrina we saw many […]
By Canadian Underwriter | November 15, 2012
Guidewire Software Inc. recently announced that The Guarantee Company of North America is using its ClaimCenter software. In a recent press release, Foster City, Calif.-based Guidewire said The Guarantee will “improve data analytics and reporting capabilities” by using ClaimCenter, which is available both as stand-alone software and bundled with other Guidewire products in its InsuranceSuite. […]
1 min read
BP has confirmed it has reached an agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company flowing from the Deepwater Horizon accident, oil spill and response. BP has agreed to plead guilty to 11 felony […]
3 min read
Younger drivers are more likely to drive while drowsy, a recent survey conducted by the AAA Foundation for Traffic Safety suggests. One in seven licensed drivers ages 16 to 24 admitted to having fallen asleep at least once while driving in the past year, as compared to a tenth of all drivers who admitted to […]
Individuals aged 18 to 29 who responded to a recent survey by Celent report wanting to receive face-to-face customer service for complex transactions. That was among the more surprising findings suggested by the survey, which involved 523 responses from North America and 326 from the United Kingdom, notes the Innovation in Insurance report on the […]
By Canadian Underwriter | November 14, 2012
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.
