Risk
This holiday season, more than 6,500 Ontarians were driven home by Operation Red Nose – a volunteer designated-driver service for holiday partiers.”That’s 6,500 occasions where someone was at risk of drinking and driving but made the smart choice instead,” Mark Yakabuski, vice-president,Federal Affairs and Ontario, Insurance Bureau of Canada. “Canada’s home, car and business insurers […]
By Canadian Underwriter | January 6, 2006
1 min read
The Canadian Council of Insurance Regulators (CCIR) is circulating a consultation paper that discusses giving insurers privilege over self-assessment documents and providing protection for whistle-blowers.The document discusses the value of moving towards risk-based regulation, in which “more supervisory attention” is paid “to higher risk companies and less to low risk companies.”In such a system, the […]
By Canadian Underwriter | January 5, 2006
Claims Management Outlook 2006
December 31, 2005
15 min read
Premiere Healthcare program reinvents claims process for soft tissue injuries
By Craig Harris | December 31, 2005
9 min read
Many insurance companies have embraced the concept of direct repair programs to handle automobile physical damage claims. In Canada, this often involves tapping into a nation-wide network of collision repair shops. But how closely are insurers evaluating key measurements like cycle time, severity control and customer satisfaction? Are they getting proven performance from their repair shop networks - and their own internal operations?
By Lee Smith, Director of CertifiedFirst Network, PPG Canada Inc. | December 31, 2005
6 min read
It seems like a century ago when I first decided to become a mediator. In fact it was 1982, shortly after I was admitted to the Ontario legal bar. Back in the ’80s, litigation lawyers pursued an aggressive style of practice best described as rams banging heads in rutting season. As a result, clients grew […]
By Michael Rubenstein, Operations manager and legal counsel for Cameron and Associates. | December 31, 2005
Different ingredients make for improved industry results
By Don Forgeron, Vice president of the Atlantic Insurance Bureau of Canada | December 31, 2005
What US cases may mean for Canadian insurers
By Andrew Brown, John Orr and Ted Doolittle of Integro (Canada) Ltd. | December 31, 2005
7 min read
The primary non-life sector is expected to attain positive results in 2006 with primary premiums growing above inflation and specifically, significant increases arising in classes impacted by 2005’s hurricane season, Swiss Re reported at its recent annual review and outlook for the insurance industry. In order to maintain positive results in light of strong competitive […]
2 min read
The Terrorism Risk Insurance Revision Act of 2005 has been approved by a voice vote from house lawmakers in December 2005. The legislation was, at time of press, left waiting a sign-off from President Bush. The federal terrorism backstop is in line to be renewed in two years. The new legislation, which follows a Senate […]
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