Industry
A zealous group of 221 golfers attended the 11th annual WICC Ontario Golf Tournament on July 12 at Angus Glen Golf Club in Markham, Ontario. Attendees enjoyed a day complete with a barbeque lunch, silent auction, raffle and excitement well beyond the ordinary, everyday tournament — with a hole-in-one scored by Elizabeth Kepes of Desjardins […]
August 31, 2010
1 min read
With insurance, dealer and supplier partners in attendance, Assured Automotive recently held the Grand Opening of its new facility located in Kitchener, Ontario. Assured purchased the collision centre from Steve Scherer Chevrolet Buick and continues to be their exclusive collision repair centre. “Kitchener Waterloo is an important market for Assured Automotive,” said Assured president Tony […]
Independent adjusters should never make assumptions about coverage in a policy, John Farthing of Cunningham Lindsay International cautioned delegates attending the Canadian Independent Adjusters’ Association (CIAA)’s Annual Conference in Victoria, B.C. Any questions or doubts can be cleared up by making a quick call to the insured’s broker, Farthing added in a speech he made […]
By Canadian Underwriter | August 31, 2010
A.M. Best Co. has officially withdrawn its Canadian public data ratings. A category NR-5 (Not Formally Followed) has been assigned to the financial strength ratings and an “nr” to the issuer credit ratings of 51 formerly PD rated Canadian property/casualty insurers.”The withdrawal of the PD ratings is a reflection of the increasing challenges facing the […]
Marsh has appointed Gerry Russ as its managing director and construction and design practice leader for Canada.Russ most recently held the position of Canada practice leader for construction and surety at Aon. He brings more than 30 years of surety and construction risk management experience to his new role.”Gerry is a nationally recognized expert on […]
Despite existing signs suggesting the worst of the financial crisis may be over for global property and casualty insurers, the full effects of the crisis are not entirely clear, says a report by the International Association of Insurance Supervisors (IAIS).”For example, the vast amount of liquidity injected by the central banks has created a potential […]
Claims
Weather tracking maps at the Canadian Hurricane Centre show Hurricane Earl could score a direct hit on Atlantic Canada sometime between Sept. 3 and Sept. 5Hurricane Earl, with maximum sustained winds of 205 km-h, is currently a Category 3 storm heading towards the U.S. and British Virgin Islands. “Based on the large-scale weather pattern and […]
By Canadian Underwriter | August 30, 2010
Nearly 70% of Ontario drivers do not understand the impending auto insurance reforms or how the reforms will affect their auto insurance coverage, according to a survey commissioned by RSA Canada.Leger Marketing was commissioned to conduct the RSA Canada Automobile Insurance survey. In the survey 1,524 Canadian adults were polled. Of these respondents, 625 resided […]
Marsh Inc. appointed Jay Sharma to the newly created role of multinational client service director.In this role, Sharma will work with specialists in more than 100 countries to deliver solutions and service to Marsh clients.He will initially focus on Marsh’s U.S. and Canada division and will lead initiatives to improve network management operations.He brings 18 […]
The Canadian Independent Adjusters’ Association (CIAA) has inaugurated Mary Charman as its president for the 2010-11 year.Charman assumed the role from outgoing president Patti Kernaghan during the CIAA’s 26th Annual Conference in Victoria on Aug. 28. Born in Sudbury, Ontario, Charman started working as an adjuster the very next business day after graduating from high […]
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