National Insurance Conference

Delegates of the 2009 National Insurance Conference of Canada (NICC), held in Ottawa, enjoyed the opportunity to share drinks and discussion during the opening night of the conference, before enjoying the gala dinner. Over $18,500 was raised for WICC. The third annual NICC featured speakers, such as Jean Chrtien, former prime minister, and Julie Dickson, […]

November 30, 2009 | Last updated on October 1, 2024
1 min read
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Delegates of the 2009 National Insurance Conference of Canada (NICC), held in Ottawa, enjoyed the opportunity to share drinks and discussion during the opening night of the conference, before enjoying the gala dinner. Over $18,500 was raised for WICC. The third annual NICC featured speakers, such as Jean Chrtien, former prime minister, and Julie Dickson, OSFI superintendent, who offered insight on the current trends and state of the property and casualty industry. Patti Kernaghan, CIAA president, and Mary Charman, CIAA vice president, were invited to join the advisory committee. •

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

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