Claims
The 2010 Ontario Insurance Adjusters Association (OIAA) Out of Town Conference was held May 13 and 14 in Hamilton, Ontario. The two-day ‘Hollywood Hits’ event included a trade show, seminars, a Hollywood Premiere Party, red carpet cocktails, a formal dinner and other exciting events. See all photos from this event at www.canadianunderwriter.ca/gallery
May 31, 2010
1 min read
Industry
Brokers from the Greater Toronto Area gathered at the Roosevelt Room in Toronto on May 19 to help Catlin celebrate five years in Canada and the company’s 25th anniversary. The event was a great success, with more than 150 people in attendance. See all photos from this event at www.canadianunderwriter.ca/gallery
ACE Canada held a cocktail reception on May 20 to mark the opening of its new corporate headquarters and to celebrate its 25th anniversary. ACE’s new head office is located within the Telus Tower at 25 York Street in Toronto. The Telus Tower is a Leadership in Energy and Environmental Design (LEED) gold building. The […]
Risk
What is the ‘New Normal?’ Speakers at the CIP Society Symposium 2010 answered this question from a variety of perspectives at the Toronto Board of Trade on May 13. The annual insurance industry symposium featured seminars designed to tackle the theme: ‘Conquering an Uncertain Future.’ Seminar topics included making the most of your legal services, […]
Potting soil planters are causing a surprising new trend of accidental fires in homes, according to John Coull, manager of the Mississauga office of Origin and Cause Inc. Coull was speaking at an A.S.A.P Education Series event, Fire Loss Claims Handling – Investigation to Litigation, just outside Toronto on May 26.Potting soil does not have […]
By Canadian Underwriter | May 31, 2010
2 min read
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.One notable feature of the 2010 Q1 results is significantly declining personal property claims ratios. Overall, Canadian and foreign P&C insurers totalled $835.8 […]
When it comes to auto insurance shopping, the impact of price on new-buyer satisfaction has declined over the past year, according to a J.D. Power and Associates study. Ten per cent of auto insurance shoppers did not select the company with the lowest quote, the J.D. Power and Associates 2010 U.S. Insurance Shopping Study found. […]
Insurance Corporation of British Columbia (ICBC) applied to reduce basic auto insurance rates by an average of 1.9%, effective Nov. 1, 2010.The proposed reduction still requires the approval of the British Columbia Utilities Commission (BCUC).”Rate changes are mainly driven by claims costs, and fewer crashes help us keep our rates low and stable,” said ICBC […]
Aviva Canada, The Economical Insurance Group (TEIG) and The Dominion have announced their intentions to use iClarify validation services delivered by Compu-Quote. This support continues past the pilot phase of the data validation tool into full production.More than 50 Insurance Brokers Association of Ontario (IBAO) member firms utilized iClarify data validation services to provide property […]
As of Sept. 1, 2010, as a general rule, the New Statutory Accident Benefits Schedule (SABS) enshrined in Ontario’s new auto insurance reforms “will govern claims processing relating to old accidents,” as well as “the determination of amounts payable by insurers on account of expenses paid to establish benefit entitlements arising out of old accidents,” […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
