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WICC Ontario held its 14th annual gala dinner, Dream in Colour, on Apr. 14, 2010 at The Westin Harbour Castle Hotel in Toronto. WICC dinner co-chair and evening emcee Michael Butler introduced WICC co-chair Carolyn Horan, who presented Rick Perciante, acting CEO of the Ontario division of the Canadian Cancer Society, with a cheque from […]
April 30, 2010
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Given today’s hectic schedule, some people find it difficult to carve out a little one-on-one time with their significant others and loved ones. And so CSN Collision & Glass hosted ‘Date Night with CSN’ on Apr. 21, bringing together more than 100 of its members, insurance adjusters and their spouses on a date. After sharing […]
Industry
CARSTAR Automotive Canada Inc. held a grand opening celebration for a new location in Welland, Ontario on Apr. 22. Owned and operated by James Richardson, CARSTAR Welland is located at 16 Lincoln Street West. It is the 84th location in Ontario and the most recent addition to CARSTAR’s network of more than 135 locations in […]
CARSTAR IAC (International Automotive & Custom) Collision Woodbridge held a grand opening celebration of their location on Apr. 22. Located at 219 Westcreek Dr., CARSTAR IAC is coowned by lifelong friends Rocco Aurellio and John Costa. CARSTAR IAC is housed in a 30,000- square-foot facility, and is dubbed a “one-stop-shop” for customers. It offers collision […]
The Property Casualty Underwriters Club (PCUC) held its Spring Thaw on Apr. 30 at the Rosewater Room in Toronto. The annual event added some sunshine to everyone’s day. Attendees warmed up to great company, cocktails, food and special entertainment. See all photos from this event at www.canadianunderwriter.ca/gallery
ISO 31000, the international standard for risk management, fails to pay enough regard to risk governance, said Paul Hopkin, technical director of the Association of Insurance and Risk Managers in the United Kingdom.Hopkin spoke on a panel discussion about ISO 31000 at the Risk and Insurance Management Society’s annual conference in Boston on Apr. 27.ISO […]
By Canadian Underwriter | April 30, 2010
Risk managers should make a point of including secondary loss characteristics on an insurance portfolio not only to potentially reduce aggregate exposure, but also to reduce premium significantly, delegates of the Risk and Insurance Management Society (RIMS)’s conference were told. Bruce Norris of Edgewood Partners Insurance Center, Marian Ivan of RREEF and Michael Horvath of […]
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Aon Corporation has reported profit of $178 million for 2010 Q1, down from $280 million in 2009 Q1. Aon’s 2009 Q1 included an $83-million pre-tax gain related to the U.S. pension curtailment and a $43-million after-tax gain on the sale of Automobile Insurance Specialists (AIS), the company reported. Total operating expenses increased 10% (to $1.6 […]
Rick Berg, Canadian business manager for 3M’s automotive aftermarket division, has passed away at the age of 47.In a statement, the Canadian Collision Industry Forum (CCIF) described Berg as “always willing to volunteer, always keen to support the industry from which he earned his living.” “So sad and unfair that Rick should leave this world […]
Claims
The commercial market remains soft, despite an up-tick of natural catastrophes, reports Willis.“The Great Recession didn’t spark a rise in premiums, as some had expected,” wrote Joe Plumeri, Willis’ chairman and CEO, in Marketplace Realities & Risk Management Solutions. “Many now wonder if the recent upsurge in catastrophic events, from earthquakes to floods to volcanoes, […]
By Canadian Underwriter | April 29, 2010
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