Claims
The Ontario Insurance Adjusters Association took its Out-of-Town Meeting to Kingston, Ont. on May 28. More than 600 people attended the trade-show that showcased more than 90 booths. Delegates managed to mix business with pleasure by updating their case-law knowledge in some educational seminars before attending dinners and being entertained by the likes of a […]
July 31, 2009
1 min read
The Honorable Order of the Blue Goose, Ontario Pond, hosted Tres Chic Martini night at the C Lounge in Toronto. Hundreds of guests were treated to three different flavours of martinis — shaken, not stirred — in addition to hors d’oeuvres and great company. The rain held out for the evening on June 25, and […]
Assured Automotive hosted a Toronto Harbour Charity Cruise with donations going to the MS Society of Canada. On June 25, 300 guests boarded the River Gambler — a boat known for it’s large, 2,000 square foot dance floor. Guests were treated to an inspirational speech from Pinball Clements and the evening was filled with good […]
Hundreds attended an evening of support and celebration for Siobhan Usher-Post on June 23 at the Steam Whistle Brewery in Toronto. Usher-Post, with National Brokers Insurance Services, a non-smoker, was diagnosed with lung cancer in December 2008, when she was five months pregnant with twin boys. Butterfly Kisses and Granting Wishes Fund, in support of […]
Industry
Commodity price risk is ranked Number 1 on a list of greatest risks faced by the food system, agribusiness and beverage industry, according to the 2009 U.S. Food System, Agribusiness and Beverage Industry Report. The report, issued by Aon Corporation, is based on data from Aon’s Global Risk Insight Platform, 2009 Global Risk Management Survey, […]
By Canadian Underwriter | July 30, 2009
Lambert Morvan has been appointed chief agent for Canada and senior vice president of Odyssey Re. Morvan has served in senior management and actuarial positions within the Fairfax group of companies, most recently with Northbridge Financial Corporation. He has more than 12 years experience in the Canadian insurance and reinsurance market. SCM-Risk Management Services has announced […]
Despite the fact that capacity in the U.S. commercial insurance market is drying up, the market remains competitive, according to the Risk and Insurance Management Society (RIMS)’s 2009 Q2 Benchmark Survey.The survey was produced by Advisen Ltd. It is based on policy renewal prices as reported by North American corporate risk managers.The survey found commercial […]
By Canadian Underwriter | July 29, 2009
2 min read
Basic auto insurance rates in Alberta will decrease by 5%, according to the Automobile Insurance Rate Board (AIRB). The rate reduction follows public hearings in which the Insurance Bureau of Canada called for a 6.4% rate increase. According to the AIRB, the decrease is mainly a reflection of the Alberta Court of Appeal’s decision to […]
AIU Holdings — the property and casualty special purpose vehicle created by AIG Inc — has been rebranded under the new name Chartis. Kristian P. Moor will serve as its president and CEO, a Chartis release says. He previously served as executive vice president of AIG and president and CEO of AIG Property Casualty Group, […]
By Canadian Underwriter | July 28, 2009
The weather in 2009 Q1 was not as bad as it was during the same period last year, but the underwriting results of Canadian property and casualty industry took a beating nonetheless, according to the 2009 Q1 MSA/Baron Outlook Report.According to MSA, the industry’s net income was Cdn$322.3 million in 2009 Q1, down 45.3% from […]
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