Industry
PROVINCIAL REGULATORS ASK FOREIGN INSURERS TO SIGN VOLUNTARY UNDERTAKING RELATED TO PART XIII Canada’s provincial insurance regulators are asking foreign insurers to sign a common undertaking outlining how the signatories are expected to conduct their business following the Office of the Superintendent of Financial Institution (OSFI)’s Part XIII amendments. The insurers’ decision to sign the […]
December 31, 2009
1 min read
BANKS INVOLVED IN INSURANCE ARE SUBJECT TO PROVINCIAL INSURANCE LAWS: ONTARIO COURT Ontario banks that promote or accept applications for insurance products are subject to the province’s Insurance Act, Ontario’s Superior Court of Justice has ruled. In Royal Bank of Canada v. Salih and Mirsada Mujagic, Salih and Mirsada Mujagic made a number of allegations, […]
Ontario's adjusters are currently discussing how best to train in the technique of adjusting catastrophic auto injury claims.
By Norman McGlashan | December 31, 2009
6 min read
Ontario's formula in law for determining 'catastrophic impairments' is based on medical guides that are 20 years old, and has been interpreted in a variety of ways by judges and arbitrators. And yet the health of the province's auto insurance system is riding on the clarity of its meaning.
By Vanessa Mariga | December 31, 2009
16 min read
Successful collision repair centres can reduce their cycle times by investing in the training required to improve themselves on a continuous basis.
By Norm Angrove | December 31, 2009
5 min read
More than 400 attended Women in Insurance Cancer Crusade (WICC) Ontario’s 12th Annual Breakfast for Cancer on Nov. 4, 2009 at the Arcadian Court in Toronto. Guest speaker Lauren Donnelly described her traumatic experience and battle with cancer. As a healthy and active 15-year-old, she was diagnosed with Acute Lymphoblastic Leukemia. Today Lauren is studying […]
More than 200 industry members attended the Toronto Insurance Conference (TIC)’s 54th Annual Black Tie Dinner on Nov. 21, 2009 at the Four Seasons Hotel in Toronto. TIC President Brian Wilcox introduced the evening’s guest speaker, Andrew Coyne, national editor of Maclean’s Magazine. Coyne provided the audience with his outlook on today’s political and economic […]
CARSTAR Automotive Canada Inc. kicked-off its ‘Sweet 15th Anniversary Celebration’ with its annual charity CARSTAR Casino Night Gala on Nov. 20, 2009. Held at Carmen’s in Hamilton, Ont., the gala raised funds for the Canadian Cystic Fibrosis Foundation (CCFF). More than 700 insurance and vendor partners, employees and friends attended. Hamilton Tiger Cats kicker Nick […]
Belron held the Canadian final of the ‘Best Of Belron’ windshield repair and replacement competition in Laval, Quebec on Nov. 19, 2009 . The event was a lead-up to the international competition in Paris in 2010. Belron’s Top 3 Canadian technicians went head-to-head under the watchful eye of judges from across Canada. First place went […]
The staff of Canadian Underwriter would like to wish everyone a happy, healthy and safe holiday season. Best wishes in the New Year! This is the last installment of Canadian Underwriter‘s Daily News for 2009. We will resume with our regular online coverage on Jan. 4, 2010.
By Canadian Underwriter | December 24, 2009
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