Industry
Chubb Insurance Company of Canada has launched an online auto and property quoting mechanism for brokers.The @ChubbCanada service now offers brokers online quoting of Masterpiece Auto and Masterpiece Property. The service includes:
By Canadian Underwriter | December 7, 2010
1 min read
Catlin Canada has hired Dave McAuley as its manager of risk engineering.He will be working from the insurer’s Calgary office.He most recently worked at Marsh Calgary’s Marsh Risk Control with emphasis on risk engineering consultation and surveys for energy risks.McAuley began his career in 1970 with the loss prevention department of Marsh & McLennan (Toronto). […]
The Canadian Association of Insurance Reciprocals has recently formed to serve as the collective voice of insurance reciprocals across Canada.The not-for-profit association’s mandate includes raising awareness of the value of insurance reciprocals and representing its members’ interests to governments, and others.The founding members include: At its first board meeting on Nov. 1, 2010, the association […]
By Canadian Underwriter | December 6, 2010
McLarens Canada, a full-service national claims management firm, has acquired Upper Canada Adjusters Inc.Upper Canada Adjusters Inc. was established in 1995 and has a broad client base ranging from commercial insurers to self-insured corporate clients. McLarens Canada currently has 45 locations, coast-to-coast, and is one of the largest claims handling, risk management and third party […]
The CG&B Group Inc. has acquired D. M. Edwards Insurance Group Limited and Car Insurance Brokers of Canada Inc., effective Dec. 2, 2010.In a release, The CG&B Group Inc. says “Edwards Insurance and Car Insurance Brokers have been pioneers in the use of the Internet for marketing insurance through their very successful Web site carinsurance.ca.”Denny […]
A study of fatal car crashes in Canada from 2000-2007 shows more drivers who were 18-or-under had drugs in their system as opposed to alcohol (30.4% versus 29.6%), reported Allstate Insurance Company of Canada.Allstate partnered with MADD to offer a public education video showing young people the many consequences of impaired driving. The video can […]
Zurich Financial Services Group (Zurich) has announced plans to reducing its total expenses (excluding commissions) by 5% or $500 million on a run-rate basis by 2013.Included in this general group target, Zurich said it plans to reduce expenses in its general insurance segment by 7% or $350 million on a run-rate basis by 2013.In addition, […]
By Canadian Underwriter | December 3, 2010
Fresh on the heels of tripling its minor injury cap from $2,500 to $7,500, the Government of Nova Scotia has launched an independent review of the province’s automobile insurance system.The government said the mandate of the review is to “ensure Nova Scotians have access to appropriate coverage and premiums that are fair, stable and affordable.””The […]
SUV bumpers that don’t line up with those on cars can increase the severity of a claim in what should be a minor collision in stop-and-go traffic, reports the Insurance Institute for Highway Safety (IIHS).Car bumpers line up reasonably well and are more likely to engage during low-speed collisions to absorb energy and prevent damage, […]
2 min read
Windstorm scenarios outlined in the most recent Solvency II quantitative impact study (QIS5) are roughly in line with loss estimates produced by the major vendor models, Guy Carpenter reports.In Solvency II Update: QIS5 Windstorm Scenarios are Within Range of Industry Models, experts at Guy Carpenter compare loss estimates under the QIS5 loss scenarios to those […]
By Canadian Underwriter | December 2, 2010
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