Industry
Quebec drivers are happiest with their auto insurance product, while British Columbia drivers are the most critical of theirs, based on a recent online survey conducted by InsurEye. The Canadian company provides online analysis to help buyers manage their insurance. Survey results are based on an unspecified number of consumer responses and ratings from InsurEye’s […]
By Canadian Underwriter | May 14, 2012
2 min read
One of the most recognizable brands in insurance is launching an ambitious strategy to become a “global hub for specialist insurance and reinsurance” over the next decade. Vision 2025 is Lloyd’s plan to “truly internationalize the Lloyd’s underwriting community” by setting up a small number of underwriting hubs in key regions and focusing on “faster […]
A consortium relationship with Mitsui Sumitomo has allowed Ironshore Canada Ltd. to increase its specialty casualty lines capacity to $25 million. Among other things, the increased capacity “satisfies a demand for higher limits by global and domestic clients who are managing Canadian casualty exposures,” Stephen Stewart, vice president of Ironshore Canada Specialty Casualty, said in […]
1 min read
insPRESS
David Gambrill, Senior Editor, Canadian Underwriter magazine – Insurance Media Group, is pleased to announce the appointment of Angela Stelmakowich to the position of Editor of Canadian Underwriter magazine and The Ontario Broker magazine. An award-winning editor, Angela joins Canadian Underwriter from her previous position as Editor of OHS Canada magazine (ohscanada.com), which she has […]
By Canadian Underwriter magazine | May 14, 2012
Paul Aquino, Publisher, Claims Canada magazine (claimscanada.ca), is pleased to announce the appointment of Craig Harris for a one-year term to the position of Editor of Claims Canada magazine. With a Master’s Degree in Journalism from Carleton University, Craig brings more than 20 years of business reporting experience in the insurance and financial services industry […]
The Co-operators has announced its intention to acquire G&F Financial Group’s general insurance assets and Autoplan appointment. The deal is subject to regulatory approval and is expected to close June 30, 2012, reports The Co-operators, a Canadian-owned multi-product insurance company. The Co-operators says the deal would increase its presence in British Columbia. The number of […]
Claims
There would be no need for Ontario to maintain a separate and duplicative solvency regime for the few such companies that remain in the province under a Financial Services Commission of Ontario (FSCO) proposal. FSCO’s consultation paper, Improving Solvency Supervision of Insurance in Ontario, includes the proposal to align Ontario’s solvency standards with international standards. […]
By Canadian Underwriter | May 11, 2012
B.C. condo unit owners have yet to take a run at challenging the fairness of deductible downloading bylaws of strata corporations, although case law seems aligned for such an opportunity. Krista Prockiw of Alexander Holburn Beaudin & Lang LLP mentioned this state of affairs while discussing insurance law issues arising out of British Columbia’s Strata […]
BERKLEY, Mich., May 2012 — CRDN, an international organization of textile restoration experts serving the insurance industry, and Esporta Wash Systems Inc., inventors and manufacturers of a patented washing system and detergents, have come to an agreement to discontinue the use of Esporta’s CCRN brand name. The CCRN (Certified Contents Restoration Network) brand was created […]
By Canadian Underwriter magazine | May 11, 2012
3 min read
Canadian Underwriter magazine has launched inswire, a new real-time information web stream for the property and casualty insurance market. Online visitors will gain entry to what amounts to an ‘insurance newswire’, benefiting from a real-time industry news feed streamed live from a variety of sources on Twitter. There is no need for a personal Twitter […]
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