Claims
In an insurer’s investigation of an accident benefit claim, the non-cooperation of an insured accident victim doesn’t necessarily determine whether or not an insurer had sufficient time to serve notice on other insurers to dispute benefit payment obligations. The Ontario Superior Court issued the ruling recently in Liberty Mutual Insurance Company v. Zurich Insurance Company. […]
January 31, 2008
2 min read
The first half of 2008 will likely bring warmer weather in southern Canada and increased storm activity in the southern United States, Aon’s Annual Global Climate and Catastrophe Report: 2007 says. The period between January and May 2008 will mainly be influenced by the El Nino/Southern Oscillation, which is an anomalous warming or cooling of […]
Natural and man-made catastrophes led to overall financial losses of US$61 billion across the globe, with property insurers contending with losses totalling US$25 billion, according to preliminary estimates by Swiss Re. Although the insured losses, at US$25 billion, were US$9 billion higher than in the previous year, 2007 is below the long-term trend, a Swiss […]
1 min read
A go-kart operated on a private track is not an “automobile” according to the standard Ontario automobile insurance contract, the Ontario Court of Appeal ruled in Adams v. Pineland Amusements Ltd. Denis Potvin was driving a go-kart on a track owned and operated by Pineland Amusements Ltd. when he allegedly lost control of his go-kart […]
Another successful seminar jointly hosted by the Ontario chapters of the Canadian Insurance Claims Managers’ Association and the Canadian Independent Adjusters’ Association was held in Toronto Jan. 29. This year’s theme was “The Future of Claims Service” and the discussions, both formal and informal, were very interesting and thought provoking. One thing is for certain: […]
4 min read
In order to be a profession and be professional, continuing education must be part and parcel of what independent adjusters do. “You’ve got to do something relevant in order to be relevant,” Fred Plant, president of the Canadian Independent Adjusters’ Association (CIAA), says. In an industry that can be dramatically affected by a small policy […]
12 min read
FORMAT APPEALS There will be three examinations. The first will be a theory-based exam and will be mandatory unless a candidate has an FCIP or FIIC designation or has successfully passed the three subjects in the fellowship program dealing with claims management; such candidate will be exempt from this examination. Proof of meeting the exemption […]
Cunningham Lindsey prides itself on being a great place to work.
6 min read
By now most people in the insurance business in Canada have become familiar with the two Supreme Court of Canada decisions rendered dealing with the use and operation of an automobile: Citadel General Assurance Co. v. Vytlingam [2007 S. C. C. 46] and Lumbermens Mutual Casualty Co. v. Herbison [2007 S. C. C. 47]. In […]
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