ARC Group Canada Annual Seminar

The ARC Group Canada hosted its Annual Seminar on Oct. 25, 2007 at the Dominion Club in Toronto, which included an insurance industry luncheon, seminar and cocktail reception. The seminar, entitled, ‘Class Action Litigation: Cost Containment & Avoidance’, featured a number of speakers, including a view of developments in the U. S. and Europe. •

November 30, 2007 | Last updated on October 1, 2024
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The ARC Group Canada hosted its Annual Seminar on Oct. 25, 2007 at the Dominion Club in Toronto, which included an insurance industry luncheon, seminar and cocktail reception. The seminar, entitled, ‘Class Action Litigation: Cost Containment & Avoidance’, featured a number of speakers, including a view of developments in the U. S. and Europe. •

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Claims

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Flooding after Tropical Storm Debby passed through Montreal and nearby regions of Quebec in August caused $2.5 billion in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The Aug. 9 and 10 catastrophe now ranks as the costliest insured event in Quebec’s history, says Insurance Bureau of Canada. “The record-breaking […]

By Alyssa DiSabatino | September 13, 2024

2 min read

Former Definity adjuster disciplined for $102K embezzlement scheme

Claims

Former Definity adjuster disciplined for $102K embezzlement scheme

Quebec’s P&C insurance regulator has found a former insurance adjuster guilty of an embezzlement scheme, in which he faked client claims and siphoned more than $100,000 in claims payments from Definity into his own bank accounts. The Chambre de l’assurance de dommages (ChAD) says the former Definity adjuster, Tresor Luyeye, committed 13 Code of Conduct […]

By David Gambrill | September 20, 2024

3 min read

How record-high Cat season will impact reinsurance renewals

Claims

How record-high Cat season will impact reinsurance renewals

About half of the Canadian P&C insurance industry’s projected $7.7 billion in losses due to four natural disasters over the summer will be covered by reinsurance, a reinsurance broker told the National Insurance Conference of Canada (NICC) in Vancouver Tuesday. “We can observe that about 50% of the losses coming out those four main events […]

By David Gambrill | September 26, 2024

3 min read