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Canadian Underwriter magazine’s mission includes getting valuable and timely information to professionals within all segments of the Property & Casualty insurance market. Canadian Underwriter actively participates on today’s real-time information networks, like Twitter (http://twitter.com/CdnUnderwriter). We are excited to now share some of Twitter’s dynamic industry content experience with our readership – with the launch of […]
By Canadian Underwriter magazine | May 9, 2012
2 min read
Industry
A regulation has been added to New Brunswick’s Insurance Act that spells out new classes, including legal expense insurance, a relatively new form of insurance in Canada. The Classes of Insurance Regulation – Insurance Act, filed on April 24, details the additional classes: legal expenses insurance, credit protection insurance, fidelity insurance, liability insurance, mortgage insurance, property […]
By Canadian Underwriter | May 9, 2012
1 min read
Chubb Insurance Company of Canada has launched an enhanced watercraft policy. The policy includes a new discount, improved deductible options, expanded navigational coverage, travel-sized certificates of insurance and greater damage coverage. The enhanced policy provides a 5% discount if the watercraft owner also has his or her home covered by Chubb Canada, and provides a […]
Insurance professionals in Manitoba now have access to a new Level 1 licensing program. ILScorp. has announced that the ILS Introduction to General Insurance (ILS ICI) program, first launched in British Columbia in January, recently received accreditation from the General Insurance Council of Manitoba. Twenty-five students took part in the first live ILS IGI training […]
David Horner has joined the Kernaghan Adjusters’ team in Edmonton. Horner began his insurance career in 1978 as a claims representative with a large multi-line insurer. Shortly thereafter, he became a roads adjuster, handling auto, bodily injury, property and fire claims. His responsibilities also included investigating and settlement of property damage claims and large commercial […]
Impact Auto Auctions, a Canadian automotive salvage management company, and a wholly owned subsidiary of KAR Auction Services Inc. (NYSE: KAR), has started construction of a new auction facility in Oshawa, Ontario. Known as Impact Toronto, the new auction will feature 37 acres of vehicle storage and a 12,000-square-foot building housing office, auction and vehicle […]
Claims
The Ontario Superior Court has derailed a plaintiff’s bid to obtain under new provincial rules for summary judgment a declaration that she suffered a “catastrophic impairment.” Nancy Stewart was severely injured in a motor vehicle accident on Nov. 4, 2005. The plaintiff was insured by State Farm and applied for no-fault benefits under the Statutory […]
3 min read
Saint-Laurent, a Montreal borough, has become the first in the city to start modifying its fleet of heavy vehicles to help prevent the possibility of pedestrians and cyclists from accidentally falling underneath. The fleet will be equipped with lateral protection devices, a decision that follows the death of Jessica Holman-Price in 2005, who died after […]
By Canadian Underwriter | May 8, 2012
The 2012 Atlantic basin hurricane season will see reduced activity compared to the 1981-2010 average, the Tropical Meteorological Project of Colorado State University predicts. In a report released in April, Colorado researchers estimate there will be 10 named storms during the 2012 hurricane season (June 1 to Nov. 30), four hurricanes (median is 6.5) and […]
The votes are in and Toronto has gained the dubious distinction of having five of the 10 worst roads in Ontario, say the put-upon drivers forced to manoeuvre the questionable infrastructure. Dufferin Street – a perennial contender on the worst-of-the-worst list – was catapulted to the top this year, notes a statement from the Canadian Automobile Association […]
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