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 […]
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 […]
By Canadian Underwriter | May 8, 2012
The Co-operators has set its sights on building on the progress made in 2011 as part of company efforts to become a catalyst for sustainability and to work to mobilize others. Take a Closer Look, the company’s eighth annual sustainability report, was released May 8. In the report, the company spells out its progress last year and how it […]
Rick Swanarchuk has been appointed vice president of sales, marketing and distribution at Grain Insurance & Guarantee. Swanarchuk has 13 years of experience in the Canadian property and casualty market, and will lead the national sales, marketing and distribution team, with a strong emphasis on investing in broker relationships. Most recently, Swanarchuk was an assistant […]
Sympatico.ca Autos is counselling drivers to cure themselves of 10 bad habits that frequently lead to vehicle collisions. These bad habits are as follows:
2 min read
A huge market for personal insurance — perhaps as much as 1 billion people — is about to emerge in developing countries, and this new global middle class will need to learn all about insurance. The global growth and transformation of the middle class is one of three megatrends of which Forbes.com is recommending that people be […]
By Canadian Underwriter | May 7, 2012
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