Industry
A snowstorm along the East Coast of the United States in late October “could generate thousands of insurance claims,” according to the U.S. Insurance Information Institute (III).Bloomberg reported on an email exchange it had with cat modeler Kinetic Analysis Corporation, in which Kinetic estimated both insured and uninsured losses could fall in the range of […]
By Canadian Underwriter | November 1, 2011
1 min read
The Dominion has sent out a bulletin to brokers indicating the company’s support for e-document technology and the data exchange project launched by the Insurance Brokers Association of Canada (IBAC).”The broker-company technology touch point is an area that has seen increased attention in industry forums and in the insurance media across the country,” the bulletin […]
2 min read
SCM Insurance Services has acquired Riverfront Medical Services, a provider of independent medical evaluations.The acquisition signals SCM’s entrance into a product and market segment that is “complimentary to the continuum of insurance and risk management services it currently offers its clients,” an SCM release says. SCM identified the IME market as a “natural extension to […]
L’Association de la relève en assurance du Québec has elected a new board of directors.The new board consists of: •Mathieu Brunet (chair);•Anne-Marie Deschênes;•Caroline Cormier;•Andréanne Paquet;•Vincent Lessard-Phillips;•Genevieve Ducharme;•Benoit Tessier;•Marie-Josée Lefebvre;•Mathieu Villemure; and•Michael Leveille. “With our new team, LARAQ will continue its work in the field and organize events to bring together the industry players [of] the […]
Officials believe the Slave Lake fires were caused by arson, based on Alberta’s investigation. On May 14 the community of Slave Lake, Alta was gutted by a wildfire, resulting in more than $700 million in damages – the second costliest insured loss in Canadian history. It destroyed 4,700 hectares and about 400 structures and forced […]
Information sharing among insurers is required to resolve some of the key dilemmas the industry faces going forward.
By David Gambrill, Editor | October 31, 2011
3 min read
Key performance indicators point to the importance of sharing information with consumers, most notably in the area of billing.
By Lubo Li, Senior Director and Practice Leader, J.D. Power and Associates (Toronto) | October 31, 2011
4 min read
A truly multi-generational workforce introduces an entirely new dimension to ethics and mentoring.
By The CIP Society | October 31, 2011
6 min read
The Insurance Institute of Ontario announced four recipients of the John E. Lowes Insurance Education Fund Scholarships for 2011. The John E. Lowes Insurance Education Fund is a charitable trust dedicated to assisting Ontario students to complete full-time, post-secondary education, including the study of property and casualty insurance. The fund annually offers financial assistance in […]
October 31, 2011
5 min read
The ‘Cycle for Wishes’ team, comprised of members of the insurance industry, cycledfrom Toronto to Ottawa to the RIMS Canada Conference from Sept. 14 to Sept. 17, raising $52,349 for Make-A-Wish Canada. The Highlander Pub in Ottawa’sByWard Market served as the finish line. John Haas, the initiative’s team leader and the managing principal at Integro […]
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