Claims
Crawford & Company announced a new operating structure that includes a smaller Global Executive Management team and four business units. The new units will include legal settlement administration as well as the information and communications technology division. In addition, Crawford Global Property & Casualty will be broken down into two distinct business units: Americas; and […]
January 31, 2008
1 min read
WICC Golden Horseshoe Region (GHR) held its inaugural pub night, Cruisin’ Back to the ’50’s Sock Hop on Sept. 27, at Arney Pub of Mohawk College in Hamilton. People in the industry dusted off their poodle skirts, tied up their saddle shoes, greased up with pomade and became Rebels With A Cause to aid in […]
A recurrence of the 1998 Ice Storm today would result in total insured losses of between US$1 billion and US$3 billion — potentially twice the US$1.3- billion cost incurred in 1998, according to a retrospective report by Risk Management Solutions (RMS). RMS released the report on the 10th anniversary of the storm that devastated portions […]
Natural and man-made catastrophes led to overall financial losses of US$61 billion across the globe, with property insurers contending with losses totalling US$25 billion, according to preliminary estimates by Swiss Re. Although the insured losses, at US$25 billion, were US$9 billion higher than in the previous year, 2007 is below the long-term trend, a Swiss […]
A go-kart operated on a private track is not an “automobile” according to the standard Ontario automobile insurance contract, the Ontario Court of Appeal ruled in Adams v. Pineland Amusements Ltd. Denis Potvin was driving a go-kart on a track owned and operated by Pineland Amusements Ltd. when he allegedly lost control of his go-kart […]
2 min read
Another successful seminar jointly hosted by the Ontario chapters of the Canadian Insurance Claims Managers’ Association and the Canadian Independent Adjusters’ Association was held in Toronto Jan. 29. This year’s theme was “The Future of Claims Service” and the discussions, both formal and informal, were very interesting and thought provoking. One thing is for certain: […]
4 min read
In order to be a profession and be professional, continuing education must be part and parcel of what independent adjusters do. “You’ve got to do something relevant in order to be relevant,” Fred Plant, president of the Canadian Independent Adjusters’ Association (CIAA), says. In an industry that can be dramatically affected by a small policy […]
By Laura Kupcis | January 31, 2008
12 min read
FORMAT APPEALS There will be three examinations. The first will be a theory-based exam and will be mandatory unless a candidate has an FCIP or FIIC designation or has successfully passed the three subjects in the fellowship program dealing with claims management; such candidate will be exempt from this examination. Proof of meeting the exemption […]
Cunningham Lindsey prides itself on being a great place to work.
6 min read
By now most people in the insurance business in Canada have become familiar with the two Supreme Court of Canada decisions rendered dealing with the use and operation of an automobile: Citadel General Assurance Co. v. Vytlingam [2007 S. C. C. 46] and Lumbermens Mutual Casualty Co. v. Herbison [2007 S. C. C. 47]. In […]
By Cheryl Canning | January 31, 2008
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