Claims
Cooper Gay has purchased Heath Lambert’s aviation, FSJ (UK wholesale) and reinsurance divisions as of May 31. Commercial discussions are ongoing with regards to the sale of Heath Lambert’s international wholesale division, Global Business Solutions (GBS), according to a Heath Lambert release. “From our perspective, we have made no secret of our plans to become […]
By Canadian Underwriter | June 2, 2008
2 min read
Whenever Canadian insurance company claims departments and legal vendors seek signs of The Apocalypse when it comes to claims litigation, they often look in the direction of United States courtrooms. And it’s a common psychological tendency that when we look for something, we are bound to find it. Take, for example, the U. S. case […]
May 31, 2008
4 min read
The Honourable Order of the Blue Goose International, Ontario Pond held its 8th annual Scotch Nosing on Apr. 24 at Jamie Kennedy at the Gardiner in Toronto. Dozens of noses attended this exclusive event, including an esteemed panel of judges. Throughout the evening, guests sampled some of Scotland’s rarest and finest single malts and enjoyed […]
1 min read
Record snowfalls and severe winter storms in central Canada caused ING Canada’s 2008 Q1 profit to shrink from Cdn$126.2 million down to Cdn$23 million. ING Canada also cited lower operating income and declines in equity markets as factors in its 2008 Q1 results. “The harsh winter conditions during the first three months of the year […]
More than 120 industry veterans attended the 49th Annual Reception of the Quarter Century Club, held May 7 at the Hilton International in Toronto. Emcee John Cherrie welcomed members and presided over the ” roast” of Scott ‘Scooter’ Francis. Francis started his insurance industry career in 1972 with The Co-operators, before moving to L. S. […]
The chart which appeared in the April/May 2008 article Injury Biomechanics, Addressing Issues of Injury Causation, by Gunter Siegmund, president, and Ismail El Maach, senior engineer, at MEA Forensic Engineers & Scientists contained an error. The chart should have read as displayed here. We apologize for the error.
Amendments to the Law Society Act in Ontario in 2007 meant that those who provide legal services would be subject to licensing under the Act. “For the purposes of this Act, a person provides legal services if the person engages in conduct that involves the application of legal principles and legal judgment with regard to […]
Aviva Canada has launched an ambitious campaign that is sure to spark conversations and offer a different way of looking at insurance. It is a bold growth strategy for the company and its broker partners, but also an overdue step by insurance companies to raise the bar of customer expectations and delivering on value and […]
The Supreme Court of Canada has upheld the Ontario Court of Appeal’s rejection of a $341,000 damage award to Waddah (Martin) Mustapha, who suffered a major depressive disorder, phobia and anxiety after finding dead flies in his unopened bottle of drinking water. A trial judge bestowed the award for the personal injury Mustapha suffered, but […]
In eight years, tort awards in catastrophic cases have increased from the $6 million to $7 million range to between $10 million and $15 million, Jess Bush, partner with Blaney McMurtry LLP, told delegates at the Insurance Law: Spring Update 2008 in Toronto on May 15. Health care costs are “going through the roof,” he […]
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