CIAA Provincial Seminar

The CIAA provincial seminar was held May 15, 2008 at the Hilton Garden Inn, Markham, Ont. Delegates were able to attend three educational seminars on adjusting claims in HCAI; the Ontario Automobile Threshold including a current case review and how the legal profession are lobbying for review and modification to the current threshold and why, […]

May 31, 2008 | Last updated on October 1, 2024
1 min read

The CIAA provincial seminar was held May 15, 2008 at the Hilton Garden Inn, Markham, Ont. Delegates were able to attend three educational seminars on adjusting claims in HCAI; the Ontario Automobile Threshold including a current case review and how the legal profession are lobbying for review and modification to the current threshold and why, in addition to strategies for mediation; and understanding a company’s balance sheet, income statement and income tax returns (personal or corporate) and gaining insight into the assessment required to calculate economic damages. Suggestions for future topics can be forwarded to the CIAA Ontario office. •

Why insurers won their dispute over a $50-million excess policy

Claims

Why insurers won their dispute over a $50-million excess policy

An insured is not entitled to coverage on a “claims made and reported” excess liability policy when it failed to report the claim to the excess insurer within the policy period, Ontario’s Appeal Court has confirmed. The insured, a law firm, argued it was entitled to professional liability coverage despite “imperfect compliance” with the claim […]

By David Gambrill | September 18, 2024

4 min read

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Claims

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Calgary’s record-setting hailstorm in August may send more of the province’s auto insurers heading for the exits, Insurance Bureau of Canada warned Thursday. “The Calgary hailstorm will add $900 million in unexpected claims cost pressures at a time when Alberta’s auto insurance system is in crisis due to the province’s rate cap,” Aaron Sutherland, IBC’s […]

By David Gambrill | September 19, 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