Industry
Consumers have enjoyed nearly Cdn$7 billion of auto insurance premium savings since insurance reforms were implemented in 2003 and 2004 in Ontario, Alberta, and Atlantic Canada, according to the Insurance Bureau of Canada. IBC made its observations in a press release following an analysis of the latest data available from the General Insurance Statistical Agency […]
August 31, 2007
1 min read
Ontarios Ministry of Transportation (MTO) announced today that the province will be moving ahead to regulate driving schools and instructors, a move supported by the Insurance Bureau of Canada (IBC).Effective September 1, the Ontario government will regulate schools offering beginner driver education, an MTO release says.A new curriculum standard will be implemented by the end […]
By Canadian Underwriter | August 31, 2007
Risk
Over the last decade, the Supreme Court of Canada has introduced a more plaintiff-friendly standard for cause-in-fact, Anthony Fletcher, lawyer, Filmore Riley LLP, told attendees during a seminar the Canadian Independent Adjusters Associations general meeting and conference in Winnipeg, MB.Causation is the link that must be established between a defendants wrong and the plaintiffs loss; […]
2 min read
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Guy Carpenter & Company, LLC has launched a new branding campaign, Capital Ideas, and has announced that its logo will change to bring the look in-line with that of parent company Marsh & McLennan Companies (MMC).The new campaign – including print, direct mail, event marketing and online components – features an origami theme that uses […]
A recent decision by the Supreme Court of Canada in Blank v. Canada 2006 SCC 30 settles certain points regarding litigation privilege, Ted Bock, partner, Aikins, MacAulay & Thorvaldson LLP, told attendees during at seminar the Canadian Independent Adjusters Associations general meeting and conference in Winnipeg, MB. Sheldon Blank was the director of Gateway Industries, […]
Causation is the link that must be established between a defendants wrong and the plaintiffs loss; the plaintiff must prove that but for the defendants negligence any harm would not have occurred, Anthony Fletcher, lawyer, Filmore Riley LLP, told attendees during at seminar the Canadian Independent Adjusters Associations general meeting and conference in Winnipeg, MB.However, […]
The Insurance Bureau of Canada (IBC) teamed up with the Ontario Provincial Police (OPP) and several regional police forces to uncover a substantial auto theft ring in the Toronto area, recovering more than Cdn$1.5 million worth of stolen vehicles.The joint-force, called PATT (Provincial Auto Theft Team), consists of the IBC, OPP, Peel Regional Police Service, […]
By Canadian Underwriter | August 30, 2007
The Loyalist Insurance Group Limited announced revenues for the company decreased Cdn$76,173 from Cdn$473,953 in 2006 Q2 to Cdn$397,790 in 2007 Q2. Total company expenses were down from Cdn$613,397 in 2006 Q2 to Cdn$586,644 in 2007 Q2.The company reported a net loss of Cdn$198,864 in 2007 Q2 as compared to a net loss of Cdn$98,444 […]
Pilot Insurance Company is continuing its investment as a full partner of the Broker Identity Program for 2007, the Insurance Brokers Association of Canada (IBAC) announced. Pilot is proud to continue as a Full Partner of the Broker Identity Program, Maurice Tulloch, president, Pilot Insurance Company, said in a release. We fully support and encourage […]
By Canadian Underwriter | August 29, 2007
Commercial property-casualty insurance rates continued their free-fall during 2007 Q2 in a marketplace environment described as totally unpredictable in terms of pricing and underwriting, according to a commercial market index survey by U.S.s Council of Insurance Agents & Brokers (CIAB). Brokers handling earthquake coverage in California or wind coverage in the Gulf and East Coasts […]
By Canadian Underwriter | August 28, 2007
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