Industry
Steven D. Johnson has been named CEO of the Applied Systems Client Network (ASCnet).Johnson has held staff leadership roles in five associations over the last 26 years. Most recently, he was executive director of the National Association of Quick Printers. Johnson succeeds Rick Morgan, who had served over the last 10 months as interim CEO.Johnson […]
By Canadian Underwriter | July 6, 2010
1 min read
Jean-Guy Rosa has been named director of Refinish Canada for PPG Canada Inc. Rosa joined PPG in 1992 and has held positions of increasing responsibilities within training, value-added services and most recently as regional manager for Quebec and the Atlantic Region of Canada, a PPG release says.”His experience at all levels of the automotive refinish […]
Ontario brokers are now able to access Ontario auto reform updates through Compu-Quote Inc.’s AutoRater product.The program has been updated with the latest-approved rating formulae for more than 50 different insurance plans, anticipating the Sept. 1, 2010 implementation of the province’s auto insurance reforms.”Over the last few months, we worked very closely with the IBAO […]
By Canadian Underwriter | July 5, 2010
Ontario’s broker regulator has revoked the broker’s license of Careen Edwards for a history of serving clients of whom her brokerage was unaware.Registered Brokers of Ontario (RIBO) began investigating Edwards after a client walked into the office where she worked to report an accident. The brokerage had no record of the person being a client.The […]
By Canadian Underwriter | July 2, 2010
A large capital cushion continues to suppress global reinsurance rates, according to a briefing paper from reinsurance broker Guy Carpenter.”Further erosion of rates was evident at the July 1, 2010 reinsurance renewal,” Guy Carpenter says in its news briefing, posted on GCcapital ideas.com. “Property rates were down by as much 15% despite substantial catastrophe loss […]
CANADIAN P&C INDUSTRY DOUBLES PROFITS IN 2010 Q1 Canada’s federally regulated property and casualty (P&C) insurers slightly more than doubled their profits in 2010 Q1 compared to the same period of 2009. Canadian P&C insurers fared better than their foreign counterparts. Overall, Canadian and foreign P&C insurers totalled $835.8 million in profits in 2010 Q1, […]
June 30, 2010
2 min read
MODERATE EARTHQUAKE ROCKS OTTAWA-QUEBEC BORDER AREA A magnitude-5.0 earthquake struck the Ontario-Quebec border area, 60 kilometers north of Ottawa, at 1:42 p.m. on June 23, according to the United States Geological Survey (USGS). Within minutes of the shaking, Twitter users reported they had felt the tremors in Ottawa, Montreal, Toronto and Kitchener. Reports of tremors […]
Home insurance issues dominated the sports-themed 62nd annual Conference & Trade Show of the Insurance Brokers Association of B.C. (IBABC).
By David Gambrill, Editor | June 30, 2010
5 min read
Ontario's auto insurance reforms give consumers more options, but will they make the product more affordable?
By Donna Ford | June 30, 2010
1 In the most recent canadianunderwriter.ca poll, we asked: Do you think Ontario’s auto insurance reforms, scheduled to be implemented Sept. 1, 2010, will improve the auto insurance product for consumers? An overwhelming 72.22% responded “No.” Only 27.78% of respondents are optimistic about the reform’s impact. 2 Paul Hancock [2] has joined Crawford & Company […]
4 min read
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