Industry

EGI Financial Holdings’ CEO announces resignation

Mark Sylvia has tendered his resignation as CEO of EGI Financial Holdings (TSX: EFH) and as director of Echelon General Insurance, EGI’s subsidiary.Sylvia has been with EGI since 2001. He resigned “to pursue other interests,” a company release says.”I would like to express my sincere thanks to Mark for his many contributions to EGI Financial […]

By Canadian Underwriter | August 3, 2010

1 min read

Jockeying for Position

The Ontario government bears some responsibility for building up the public's unreasonable expectations related to auto insurance decreases.

July 31, 2010

3 min read

Canadian Market (August 01, 2010)

ONTARIO REFORM-RELATED 2010 Q2 RATES REFLECT 1% DECREASE Reform-influenced auto insurance rates filed with Ontario’s regulator in 2010 Q2 show an average rate decrease of 1.03%, when weighted by market share. The 2010 Q2 rates take into account the province’s auto insurance reforms and will become effective when the reforms are implemented on Sept. 1, […]

July 31, 2010

3 min read

Claims (August 01, 2010)

SURVEILLANCE FOR EVIDENCE COLLECTION DOES NOT FALL UNDER PRIVACY LAW: FEDERAL COURT Using surveillance to help mount a defence in a civil legal action is not a “commercial activity” under Canada’s privacy law and is therefore not bound by the Personal Information Protection and Electronic Documents Act (PIPEDA), the Federal Court of Canada has ruled. […]

July 31, 2010

2 min read