Claims
The Co-operators has wrapped up the first part of a social media project, CSR: Co-operators Sustainability Race, developed in partnership with the David Suzuki Foundation. CSR is a social media platform hosted on a dedicated micro-site. It includes participant profiles and daily tracking of each person’s sustainability-related activities, as well as a vast collection of […]
By Canadian Underwriter | November 3, 2010
1 min read
Industry
The Economical Insurance Group (TEIG) has launched a Web site allowing consumers to manage their insurance online, through brokers’ Web sites.Insurance On Demand is a broker-branded site allowing consumers to obtain quotes and purchase home, auto, condo and tenant policies directly through a broker’s Web site. “We recognize that competing with direct insurers in the […]
SGI has teamed up with Students Against Drunk Driving (SADD) to launch a movie-trailer style ad campaign that also leverages social media to engage young people in discussions about the dangers of drunk driving. The ad, called The Decision, will play at Saskatchewan movie theatres and features a “cliff-hanger” ending. At the end of the […]
Aviva Canada is cutting slightly less than 10% of its staff as part of Aviva plc’s parent corporate strategy to shed £200 million of costs from its businesses by the end of 2012.In a press release announcing its 2010 Q3 results, Aviva plc “confirmed that, as our transformation programme continues to deliver benefits, the group […]
By Canadian Underwriter | November 2, 2010
2 min read
Property Claim Services Canada (PCS Canada)’s preliminary estimates put total insured losses caused by Hurricane Igor at more than $65 million, reports Insurance Bureau of Canada (IBC).The amount includes damage caused by wind, sewer backup, fallen trees and water entering homes through broken windows, roofs and walls. It does not include overland flooding, which is […]
Insurance Brokers Association of Ontario (IBAO) is urging the Ontario government to ban the use of credit scoring to price home and personal property.IBAO president Bryan Yetman spoke at Queen’s Park as part of the association’s Awareness Day. In his speech, he suggested the correlation between a person’s credit score and his or her likelihood […]
The Autorité des marches financiers (AMF) has ordered Trisura Guarantee Insurance Company to cease distributing its replacement insurance product.GWPco Inc. and motor vehicle dealers were distributing the product, an AMF release says. GWPco is not authorized to market the replacement insurance products and Trisura is not authorized to issue this type of contract, the release […]
Arbitrators are all over the map when it comes to ordering special awards, but as of late there have been more cases finding against an insurer. “There is really a subjective element that comes into it, or, as some would say, a fact-based element that obviously comes in to each of these cases,” said Leilah […]
By including a health practitioner’s travel and translation costs within a $2,000 limit on auto insurance accident benefits assessments, the new Ontario auto insurance reforms may be heading down the highway towards a Charter challenge.”On the issue of including the transportation costs and the translation costs, I would think that’s a Charter issue that would […]
By Canadian Underwriter | November 1, 2010
Arbitration is supposed to offer a cheaper, quicker alternative to the courts when resolving accident benefits disputes, but the current reality is completely different, Lawrence Blackman, director delegate at the Financial Services Commission of Ontario (FSCO), says.At the Canadian Defence Lawyers (CDL)’s 3rd Annual Accident Benefits Experts Seminar in Toronto on Nov. 1, 2010, Blackman […]
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