Claims
Matson Driscoll & Damico held their MD&D American Thanksgiving Open House on Nov. 27 in Toronto at Montana’s The “M” Lounge. Hundreds of claims professionals and industry friends gathered for the annual event. •
January 31, 2009
1 min read
Psychoses caused by right-hemisphere brain damage arising from a car collision are not “too remote to allow for recovery,” the Ontario Superior Court of Justice has found, distinguishing the case from the facts found in the Supreme Court of Canada’s decision in Mustapha. In Chinsang v. Bridson, theOntario court denied a motion by the defendant, […]
2 min read
At the Ontario Insurance Adjusters’ Association (OIAA) Holiday Celebration on Dec. 10, more than 1,000 claims professionals and industry supporters ascended to the top of the CN Tower for a 360-degree view of Toronto. OIAA president Laurie Walker welcomed all those who rose to new heights to attend the event. They sampled food from around […]
New civil justice reforms in Ontario are designed to make it less expensive to access justice and easier to use the courts to quickly resolve disputes, according to the Ministry of the Attorney General. A regulation filed in late 2008 amended 25 civil court rules. The amendments include: • The monetary limit of the Small […]
Approximately 300 delegates from across the insurance, bodyshop, collision repair, service industry, among others, attended the Canadian Collision Industry Forum (CCIF) meeting on Jan. 24, 2009 in Toronto. The speaker line-up included: Tony Canad, CCIF chairman; Mary DiCaro of Mary Dicaro Management Consulting Services; John Edelen and Robby Robbs, both of I-Car International; Rick Turri, […]
The collective efforts in organizing the tremendous events held in Toronto in early February benefited all who were in attendance and the organizations responsible are to be commended. The many volunteers who so selflessly give of their time, exemplify the spirit of service and recognize there is nothing so rewarding as “giving back.” Any organization’s […]
By RENO DAIGLE | January 31, 2009
3 min read
Industry
RRJ Insurance Group/KRG Insurance Brokers have added Schofield-Aker Limited to the group. Earlier in January 2009, RRJ Insurance Group and KRG Insurance Group merged, with the companies continuing to operate under their respective names. “The addition of Mario Cervoni and his team will focus on developing business in the Oshawa and Durham region where they […]
By Canadian Underwriter | January 30, 2009
The Autorité des marchés financiers (AMF) has launched penal proceedings against a Quebec man for allegedly acting as a claims adjuster without being registered. The charges against Pierre Paquin have not been proven in court. The proceedings will be heard in the Court of Québec (Criminal and Penal Division), district of Rouyn-Noranda.The AMF is seeking […]
Canadian-based insurance companies (excluding branches) are likely to withstand the 23% drop in TSX share prices that occurred during 2008 Q4 without showing signs of a capital meltdown, according to MSA Research.In the recent Q3-2008 edition of the MSA/Baron Outlook Report, MSA Research applied a capital stress test on P&C-1 (Canadian) insurance companies and published […]
Casualty clash reinsurance rates remained relatively flat at the Jan. 1, 2009 renewals, but many large carriers are showing a renewed interest in the product, Guy Carpenter reports.Casualty clash cover is an excess contract that protects an insurer from losses related to a specific event that would affect several insureds or lines of businesses, Guy […]
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