Industry
Health-related issues are the most common insurance claims for travelling snowbirds, according to RSA. The three most common travel insurance claims for snowbirds are related to pneumonia, heart conditions and gastro-intestinal conditions. “With an aging baby boomer population and medical advancements and treatments, we are seeing people experiencing more serious health conditions when travelling than […]
By Canadian Underwriter | September 22, 2011
1 min read
Women working in the insurance industry continue to fight challenges that affect their professional development, according to the Women in Insurance Leadership Insight Report.The research study was released on Sept. 21 at the Insurance Networking News Women in Insurance Leadership Forum in National Harbor, Md. This comes on the heels of a Conference Board of […]
A man who sustained a head injury while repairing a truck is not eligible for accident benefits because repairing a vehicle does not constitute “the use” of a vehicle, and hence the man was not involved in a motor vehicle “accident,” an Ontario arbitrator has ruled. In John Earl Olesiuk and Kingsway General Insurance Company, […]
By Canadian Underwriter | September 20, 2011
2 min read
Insureds injured in motor vehicle accidents are now worse off as a result of Ontario’s auto insurance reforms, according The Alliance of Community Medical and Rehabilitation Providers.The Alliance has 80 member companies and represents 3,500 health care providers, including physiotherapists, occupational therapists, speech language pathologists, chiropractors, psychologists, rehabilitation therapists, social workers, personal support workers and […]
There has been a 56% increase in cyber claim notifications over the last year at Willis. “The rise is reflecting the evolving regulatory environment and a growing dependency on IT systems,” Willis broker Jeremy Smith told Lloyds.com. A number of factors are driving the increased claims, including an increased reliance on electronic data processing and […]
There is an increase in overall piracy activity, but a general decline in successful attacks on vessels over the last year, according to Aon Risk Solutions. Aon’s Piracy Update uses data collected from 2009 to 2011 by the company’s kidnap and ransom practice to determine the changing trends in regional and seasonal Somali piracy activity […]
Hurricane Maria didn’t live up to its expectations when it made landfall as a Category 1 hurricane in the Avalon Peninsula area of Newfoundland on Sept. 16. The Canadian Hurricane Centre (CHC) predicted on Sept. 15 that Maria’s highest winds would pass through the Avalon Peninsula with wind gusts of 100 km-h in the warning […]
By Canadian Underwriter | September 19, 2011
Glen Frederick, director of client services for the Government of British Columbia, received the Donald M. Stuart Memorial Award during the 2011 Risk and Insurance Management Society (RIMS) Canada Annual Conference in Ottawa on Sept. 19. The Donald M. Stuart Award acknowledges Canadians who have made outstanding contributions in the field of risk management. The […]
The Farmers’ Mutual Insurance Company (Lindsay) has become a full partner of the Insurance Brokers Association of Canada (IBAC)’s Broker Identity Program (BIP).IBAC launched the program 23 years ago to promote the value and professionalism of the insurance broker to consumers, insurers and governments. It is a branding campaign for more than 34,000 insurance brokers […]
The interpretation of ‘ordinary driver’ in Ontario’s courts has expanded to include those drivers who “sometimes make mistakes,” and has thus increased municipalities’ exposure to liability for not keeping safe roads.Steven Stieber, a managing partner at Stieber Burlach LLP, spoke as a panel member during ‘The Rising Cost of BI Claims: Why You Should Be […]
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