Claims

Winmar Toronto

Winmar Toronto opened its doors for its grand opening on Oct. 28. Guests were treated to live music, food, and a tour of the newest Winmar location. Winmar Toronto is located at 9 Meteor Drive. •

November 30, 2009

1 min read

Claims

More than 60 delegates attended The ARC Group Canada’s 4th annual seminar. The day included a presentation by Rodney Taylor, insurance broker at AON Environmental Services Group, Douglas Hallett, of Hallett Environmental and Technology Group Inc., and John Cherrie, of Cherrie Griffith Professional Insurance Services. Following the presentations and a panel discussion was a cocktail […]

November 30, 2009

1 min read

Claims

Rosco Group

More than 100 guests attended the 30th anniversary celebration of Rosco Group, a division of FirstOnSite, in Montreal on Oct. 29. The event celebrated three milestones: the name change from Rosco Group to Premiere-Action; a 30th anniversary; and the completion of a new office complex and operational centre. Guests were treated to live entertainment, gourmet […]

November 30, 2009

1 min read

Claims

Toronto Insurance Conference

Claims professionals were in attendance at the 54th Annual Black Tie Dinner of the Toronto Insurance Conference held on Nov. 21 at the Four Seasons Hotel in Toronto. The evening’s guest speaker was Andrew Coyne, national editor of Macleans. •

November 30, 2009

1 min read

Climate change ‘tipping points’ dangerously close, with severe insurance implications

Climate change will not happen in a steady, predictable fashion, but rather in an unpredictable manner, potentially costing hundreds of billions of dollars in damages, according to Major Tipping Points in the Earth’s Climate System and the Consequences for the Insurance Sector. The report, commissioned by Allianz and World Wildlife Federation (WWF), explores a number […]

1 min read

What’s New: In Brief (November 27, 2009)

Wadena has won SGI’s 2009 Seatbelt Challenge in the Saskatoon Health Region and will receive up to $50,000 for traffic safety improvements in its community.The 2009 edition of the Seatbelt Challenge pitted the communities of Wadena, Lanigan, Watrous and Wynyard against each other in a friendly competition to see which community could most improve its […]

2 min read

Report highlights emerging insurance issues arising from climate change in Canada’s North

Pollution liability arising from permafrost degradation, climate change disclosure and risks associated with new shipping lanes are among the emerging insurance implications of climate change in Canada’s North, according to a report by the National Round Table on the Environment and the Economy (NRTEE).The insurance section of NRTEE’s extensive report, True North: Adapting Infrastructure to […]

2 min read

Insurer’s subrogation right under Standard Mortgage Clause must establish no liability to the insured: Ontario court

The subrogation right of an insurer under the Standard Mortgage Clause in an insurance policy cannot be exercised simply upon the insurer paying the loss award to a mortgagee without the insurer also establishing — as opposed to merely asserting — that it has no liability to the insured, the Ontario Court of Appeal has […]

3 min read

Ontario insurer not obliged to pay for assessments that it did not pre-approve: FSCO

An Ontario woman who unilaterally sought Cdn$18,073 worth of medical assessments is not entitled to recoup the money from her insurer, since she did not obtain her insurer’s approval in advance of the assessments, the Financial Services Commission of Ontario (FSCO) has ruled in an arbitration.Kathryn Scott was injured in a motor vehicle accident in […]

2 min read

A.M. Best downgrades Kingsway Financial and its subsidiaries

A.M. Best Co. has downgraded the issuer credit rating and senior debt rating to “ccc” from “b-“ of Kingsway Financial Services Inc. (KFS) and Kingsway America Inc. (KAI).In addition, A.M. Best has downgraded the financial strength rating (FSR) to B- (Fair) from B (Fair) and the ICRs to “bb-“ from “bb” of several KFSI wholly […]

2 min read