Claims
Employers might be held vicariously liable if they permit employees to use hand-held devices while driving, warns Zurich North America.This could include operating a company-owned cell phone or mobile device while driving.As the banning of such devices grows more common in jurisdictions, Zurich notes that since 2001 a growing number of U.S. jury awards have […]
By Canadian Underwriter | January 26, 2010
1 min read
Industry
Ted Bellinger, vice president of business development at ENCON Group Inc., is cycling from Vancouver to Halifax to raise funds for the Sears National Kids Cancer Ride.Bellinger’s personal goal is to raise a minimum of $25,000 for the charity by Sept. 9, 2010, when the ride begins.“At any given time, cancer holds 10,000 Canadian children […]
2 min read
Changes to the federal solvency regulator’s financial reporting forms now reflect amendments to Part XIII of the Insurance Companies Act, and have been posted on the Web site of the Office of the Superintendent of Financial Institutions (OSFI).The amended forms include a section defining the difference between “registered” and “unregistered” insurers. They also include changes […]
Eight winning entries have been selected for the first Aviva Community Fund for change in their community. The four winners of the big ideas ($50,000 to $250,00) are: 1) Building a lodge for Camp Triumph in Malpeque, P.E.I. A lodge will be built for indoor activities and a therapy program at Camp Triumph, an adventure […]
The Automotive Industries Associations (AIA) will officially assume responsibility for I-CAR training in Canada as of May 1, 2010, AIA president Marc Brazeau told delegates at the Canadian Collision Industry Forum (CCIF) on Jan. 23 in Toronto.The Inter-Industry Conference on Auto Collision Repair (I-CAR) is a non-profit organization that develops and delivers technical training programs […]
By Canadian Underwriter | January 25, 2010
Lloyd Albert Hackett, a prominent member of Canada’s risk management community, passed away on Jan. 20 at the age of 80.Hackett was appointed as the Risk and Insurance Management Society (RIMS)’s first Canadian director of legislative, risk management and public affairs. A long-standing member of ORIMS (Ontario Risk and Insurance Management Society), he served for […]
Kingsway Financial Services Inc. (NYSE, TSX: KFS) has agreed to sell all of its outstanding shares of Jevco Insurance Company to The Westaim Corporation (TSX:WED), an investment manager, for approximately $263 million.The acquisition is subject to the receipt of all required regulatory approvals and is anticipated to close on or about Mar. 31, 2010.”Jevco and […]
A.M. Best Co. has upgraded the financial strength ratings to ‘A’ (excellent) from ‘A-’ (excellent) of RSA Canada, Quebec Assurance Company and Western Assurance Company. Together, these companies form RSA Group of Canada. The outlook for the ratings is stable.“The rating actions on RSA Group of Canada reflect A.M. Best’s viewpoint that the group maintains […]
Is a jury capable of assessing damages in cases involving multi-accident scenarios, overlapping injuries and complicated medical evidence? The Ontario Superior Court was asked to consider the question in Hossny v. Belair Insurance, a complicated case in which an insured was injured in three separate motor accidents between 1997 and 2004, the first of which […]
By Canadian Underwriter | January 22, 2010
Janice M. Tomlinson has received the inaugural Women In Insurance Cancer Crusade (WICC) Lifetime Achievement Award. The former president of Chubb Insurance Company of Canada and co-chair of WICC was presented the award at a retirement event in her honour on Dec. 9, 2009, at the National Club. The award recognizes Tomlinson’s dedication, passion and […]
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