MD&D’s Annual American Thanksgiving

MD&D’s Annual American Thanksgiving once again attracted industry guests to an afternoon of football, food and socializing. On Nov. 6, Montana’s M Lounge was filled with industry delegates catching up with old friends, enjoying tasty treats with football playing in the backdrop.

January 31, 2010 | Last updated on October 1, 2024
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MD&D’s Annual American Thanksgiving once again attracted industry guests to an afternoon of football, food and socializing. On Nov. 6, Montana’s M Lounge was filled with industry delegates catching up with old friends, enjoying tasty treats with football playing in the backdrop.

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

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