Risk
Historically developed to respond primarily to fire damage, homeowners' policies are now called upon to respond to water damage and flood perils.
By Glenn McGillivray, Managing Director, Institute For Catastrophic Loss Reduction | May 31, 2009
5 min read
Insurers fail primarily due to rapid growth, insufficient loss reserves and price inadequacy.
By Darrell Leadbetter, Paul Kovacs And Jim Harries, Property And Casualty Insurance Compensation Corpor | May 31, 2009
CEOs at the IBAA's annual general meeting suggest the allowed use of credit for underwriting purposes should be based on improved public education, clear regulation and competitive fairness.
By David Gambrill, Editor | May 31, 2009
6 min read
For the first time in the country's history, Canadian airlines are being led by a Canadian-based insurer.
By David Watts, Aviation Underwriting Manager, Catlin Canada | May 31, 2009
4 min read
1 Cathy S. Ramsundar was appointed president of the Toronto Insurance Women’s Association (TIWA). TIWA is the Toronto chapter of the Canadian Association of Insurance Women (CAIW). She received the appointment at the associations’s annual general meeting on May 19. Ramsundar is an associate insurance broker with Mitchell Sandham Inc. in Ajax, Ontario. She has […]
May 31, 2009
The Ontario Risk and Insurance Management Society (ORIMS) hosted its AGM and dinner on May 21 at the Royal York Hotel in Toronto. ORIMS president Steve Pottle introduced and thanked the 2009 council; he then announced a Cdn$5,000 donation to Habitat for Humanity before turning the spotlight over to Dave La Fame, a singer-comedian who […]
1 min read
A national forum would provide an opportunity for the entire insurance industry to speak in the voice of a collective whole, rather than as individual actors in a production lacking overall choreography.
By David Gambrill, Editor | April 30, 2009
3 min read
STRICT RATE REGULATION HAS INDIRECT ROLE IN INSOLVENCIES: PACICC Inadequate pricing is the primary reason why insurers fail, and strict rate regulation is among several contributors to inadequate pricing, the Property and Casualty Insurance Compensation Corporation (PACICC) says in its recently released report, Why Insurers Fail: Inadequately Pricing the Promise of Insurance. PACICC’s most recent […]
April 30, 2009
2 min read
Danielle Boulet, the new chair of the Canadian Council of Insurance Regulators (CCIR), has 16 years of international experience that is well-suited to her new role.
Insurers have entered the brand name game in a big way, and the auto collision repair industry plays a key role in delivering the value proposition to the brand name in a claim situation.
By Lisa Mercanti-Ladd | April 30, 2009
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