ICBC Appoints Senior VP

Craig Horton has been appointed to senior vice president, claims, with the Insurance Corporation of British Columbia (ICBC). Horton previously served as the vice president of claims operations with the California State Automobile Association, and brings with him more than 30 years of property and casualty industry experience, according to an ICBC release. He will […]

November 30, 2007 | Last updated on October 1, 2024
1 min read

Craig Horton has been appointed to senior vice president, claims, with the Insurance Corporation of British Columbia (ICBC). Horton previously served as the vice president of claims operations with the California State Automobile Association, and brings with him more than 30 years of property and casualty industry experience, according to an ICBC release. He will oversee ICBC’s claims division, which includes services, programs and policies that support 39 claim centres and the 24-hour Dial-A-Claim call centre. •

Beware of negligence lawsuits regarding property sale agreements

Claims

Beware of negligence lawsuits regarding property sale agreements

Ontario’s Court of Appeal found a home insurer, in principle, has a duty to defend a claim against a homeowner in a property sale, because a lower court can’t assume the home insurance policy’s exclusion for ‘intentional acts’ such as fraud would apply to a buyer’s claim of negligence. Nonetheless, the home insurer does not […]

By David Gambrill | September 16, 2024

3 min read

Will CrowdStrike event trigger a cyber hard market?

Claims

Will CrowdStrike event trigger a cyber hard market?

July’s CrowdStrike flawed software update that affected an estimated 8.5 million Windows devices shouldn’t trigger the next cyber hard market or lead to significant rate increases, a cybersecurity expert said during a recent webinar. “I don’t think this one’s going to accelerate a hard market,” said James Burns, head of cyber strategy at CFC. “It […]

By Jason Contant | September 17, 2024

3 min read

Beat the clock: Update on the national flood program

Claims

Beat the clock: Update on the national flood program

Editor’s Note: This article has been updated to show remarks incorrectly attributed to IBC’s president and CEO Celyeste Power were actually the remarks of IBC chairman Christian Fournier. CU apologizes for the error.   Provincial politics and the timing of a federal election could possibly delay or derail the proposed national flood insurance program if […]

By David Gambrill | September 25, 2024

4 min read