News

On the Scene (April 02, 2007)

Rob Seal has been appointed to the position of president and CEO of Cunningham Lindsey Canada Limited (CLC). Seal has held many adjusting and management positions during his 20-year career with CLC, most recently as president of Canadian operations. “His technical adjusting skills combined with a customer-focused, employee-driven management style have enabled CLC to expand […]

April 1, 2007

11 min read

Alberta trial lawyers launch Charter challenge against province’s automobile insurance minor injury cap

The Alberta Civil Trial Lawyers Association (ACTLA) has officially started its Charter challenge of the Alberta government’s automobile insurance minor injury policy in the Court of Queen’s Bench (Calgary) before Mr. Justice Neil Wittmann. ACTLA President Arthur Wilson, Q.C. says in a press release that the association wants the court to determine whether the minor […]

April 1, 2007

2 min read

2006 represents third-mildest catastrophe loss year since 1990

At US$15.9 billion, insured catastrophe damage in 2006 represented the third-mildest loss year since 1990, according to a Swiss Re sigma report [No 2/2007]. Of these insured losses worldwide, natural catastrophes accounted for US$11.8 billion of the total. Storms caused insured losses of US$8.4 billion, which represented the most costly damage category. The sigma report […]

April 1, 2007

1 min read

IBC warns of auto fraud ‘swoop and squat’

March marked National Fraud Prevention Month, and the Insurance Bureau of Canada (IBC) released information throughout the month to help educate about and prevent this type of crime.”Insurance fraud is big business,” said Rick Dubin, vice-president, investigations at the IBC. “It is a low-risk, high-reward crime that costs Canadians about $3 billion per year. However, […]

April 1, 2007

1 min read