Industry
Alberta 4H Council has approved a change that requires mandatory helmets for all beginning horse riders and any horse riders born in 2000 or later (11 years and younger).The main goal of the new rule is rider safety, including an effort to reduce concussions suffered when riders are thrown from a horse.A residual affect of […]
By Canadian Underwriter | September 23, 2011
1 min read
The Canadian Council of Insurance Regulators has revised its mission statement to reflect the fact that its role is not to create harmonized laws across Canada, but rather to serve as advisors to the policy makers in the various jurisdictions across Canada.In its ‘Strategic Plan 2011 – 2014,’ the CCIR noted that during its strategic […]
The Co-operators has released a list of tips for homeowners to reduce the risk of home invasion or theft. The tips include:•Give your home the lived-in look, set automatic timers for lights and radios, for periods when no one is home, even during the day;•Don’t post your first name on mailbox or apartment buzzer, especially […]
Nova Scotia’s Utility and Review Board has granted the Facility Association permission to modify its rates and risk-classification system for miscellaneous vehicles.Miscellaneous vehicles include motorcycles, mopeds, and all-terrain and snow vehicles.The Facility Association had applied to the board in August 2011 to amend its existing rates and risk-classification for miscellaneous vehicles to include a cost […]
Crashes are the number one cause of work-related deaths in British Columbia, according to WorkSafeBC statistics. Approximately 30 workers, on average, in B.C. are killed each year while driving, and distracted driving, such as cellphone use, is a key factor in these crashes. Only 9% of drivers think that commercial drivers are better than the […]
By Canadian Underwriter | September 22, 2011
Lloyd’s of London has reduced its exposure to European government debt and pulled deposits from some of the region’s banks, reports the Wall Street Journal. “Given the uncertainty around the Euro zone, it’s only natural that we would seek to reduce any potential downside risk. As a result, we’re not holding government debt of any […]
Catlin Canada donated $17,500 to the William H. McGannon Foundation to assist students entering the insurance/risk management field of study.The official cheque was presented at the annual Risk and Insurance Management Society (RIMS) Canada conference in Ottawa, Ont.The McGannon Foundation is an initiative of RIMS Canada and was established to provide resources in the form […]
Health-related issues are the most common insurance claims for travelling snowbirds, according to RSA. The three most common travel insurance claims for snowbirds are related to pneumonia, heart conditions and gastro-intestinal conditions. “With an aging baby boomer population and medical advancements and treatments, we are seeing people experiencing more serious health conditions when travelling than […]
Women working in the insurance industry continue to fight challenges that affect their professional development, according to the Women in Insurance Leadership Insight Report.The research study was released on Sept. 21 at the Insurance Networking News Women in Insurance Leadership Forum in National Harbor, Md. This comes on the heels of a Conference Board of […]
A man who sustained a head injury while repairing a truck is not eligible for accident benefits because repairing a vehicle does not constitute “the use” of a vehicle, and hence the man was not involved in a motor vehicle “accident,” an Ontario arbitrator has ruled. In John Earl Olesiuk and Kingsway General Insurance Company, […]
By Canadian Underwriter | September 20, 2011
2 min read
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