Industry
Summer is here, bringing with it warm weather, time away from home and a spike in residential burglaries. Insurance claims data from Aviva Canada Inc. show the frequency of thefts on the home front during June, July and August are 13%, 22% and 32% higher, respectively, than in February, when theft is least likely to […]
By Canadian Underwriter | June 1, 2012
1 min read
The Saskatchewan Rate Review Panel has recommended an overall average increase of 0.6% to Saskatchewan Auto Fund rates, effective Aug. 4, 2012. The panel is also recommending a temporary, two-year overall average rate surcharge of 1% to help replenish the Auto Fund’s Rate Stabilization Reserve (RSR). Saskatchewan Government Insurance’s (SGI) Auto Fund had proposed an […]
2 min read
CARSTAR locations across the country are gearing up to wash a lot of cars during the ninth annual Soaps It Up for Cystic Fibrosis National Car Wash Fundraiser on June 9, an event expected to propel CARSTAR locations across the country past the $2 million fundraising milestone for Cystic Fibrosis Canada (CFC). Sam Mercanti, president and […]
Car insurance quotes from The Co-operators are now available to Ontario drivers online through Kanetix.ca’s car insurance quote comparison service. “With the addition of The Co-operators, we are able to offer Ontario drivers more options than ever before,” says Janine White, vice president of Kanetix Ltd. The free service allows drivers to compare competing insurance […]
By Canadian Underwriter | May 31, 2012
The Centre for Study of Insurance Operations (CSIO) has recognized a three-company collaboration that is helping brokers do their jobs more efficiently. At its annual meeting on May 29, CSIO president Catherine Smola presented the technology award for the innovative use of CSIO standards by Unica Insurance, iter8 Incorporated and Keal Technology. Supported by iter8’s […]
Summer is barbeque season, but research by More Th>n insurance in the United Kingdom shows that basic precautions may fall by the wayside during these sometimes-boozy affairs. One in four barbequing Brits have set charcoal ablaze while under the influence, notes the research by the company’s home insurance team. These drunken encounters came at a […]
By Canadian Underwriter | May 29, 2012
A poll of 76 insurer senior executives by Munich Reinsurance America Inc. shows that keeping and increasing business is the number one issue facing property and casualty insurance companies. Almost half of the respondents (47%) to Munich Re’s CEO Roundtable Survey indicated that maintaining and growing business was their top concern, followed closely by underwriting […]
Sarina Visram has been named manager of member relations and communications for the Centre for Study of Insurance Operations (CSIO). In her new role, Visram will work to develop and implement programs and activities that improve membership engagement and promote CSIO’s technology standards and solutions. CSIO has a membership of more than 2,100 brokerages, 21 […]
Ontario homeowners could see a reduction in home insurance premiums as part of a partnership between Allstate Insurance Company of Canada and Rogers. In markets where Smart Home Monitoring from Rogers is available, Allstate Canada customers who install the system will be offered a 25% discount on their premiums. They will also receive a free […]
Canadian manufacturers experienced somewhere between $3 billion to $5 billion in lost production as a result of natural disasters such as Japan and Thailand in 2011, Jayson Myers, president and CEO of Canadian Manufacturers & Exporters, said during a webinar last week. Japan’s Tohoku earthquake and the Thailand floods revealed immediate disruption to supply chains […]
By Canadian Underwriter | May 28, 2012
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