Risk
The claims community is perhaps the best witness to the discrepancies that occur between the modelled reconstruction values of properties and the true costs to rebuild them.
By Craig Harris, Freelance Writer | December 31, 2008
10 min read
Research on hurricane damage reiterates the importance of the basics in home building: when it comes to preventing roof damage, the nails need to attach the roof to the walls.
By Gregory A. Kopp and Murray J. Morrison, Boundary Layer Wind Tunnel Laboratory, UWO | December 31, 2008
5 min read
Without specific authorization outside of the insurance application process, automobile insurers in Alberta are not authorized to collect or use an applicant's credit report regardless of whether the application is for compulsory or optional automobile insurance coverages.
By Dennis Gartner, Superintendent Of Insurance, Alberta Finance | December 31, 2008
2 min read
UPCOMING EVENTS: FOR A COMPLETE LIST VISIT
December 31, 2008
SUPREME COURT DISALLOWS POLICY EXCLUSION FOR “FAULTY DESIGN” The Supreme Court of Canada has ordered a group of property insurers to cover the costs related to a damaged tunnel-boring machine under an all-risk policy that contains an exclusion for ‘faulty design.’ In Canadian National Railway Co. v Royal and SunAlliance Insurance Co. of Canada, a […]
November 30, 2008
New research is trying to get a true measure of wind speeds and shingle damage in order to help model for hurricane damages.
By Gregory A. Kopp, Associate Professor and Canada Research Chair in Wind Engineering, University of We | November 30, 2008
; We asked CEOs of primary insurance companies in Canada to identify their top issue facing the Canadian insurance industry looking forward into 2009. Here, in alphabetical order, are their responses.
12 min read
Risk and Insurance Management Society (RIMS) Webinar; As the fallout from the credit crisis slowly rolls out, risk managers need to stick to the basics of what they do -- identify potential liabilities, develop action plans and monitor the financial strength of their companies' insurers.
By Vanessa Mariga, Associate Editor | November 30, 2008
4 min read
It's been a fairly recent phenomenon to use B. I. processes to manage risks inherent in day-to-day operations such as clerical errors, power outages and/or internal fraud.
By Wesley Gill, Enterprise Risk Manager, SAS Canada | November 30, 2008
6 min read
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