Quarter Century Club (June 01, 2008)

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. […]

May 31, 2008 | Last updated on October 1, 2024
1 min read
||||||||||||||
||||||||||||||

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. Croth for two years. He spent the next 16 years at Cunningham Lindsey, before joining The Shumka Group. He is now senior vice president and national claims advocacy leader with Aon Reed Stenhouse. .

How record-high Cat season will impact reinsurance renewals

Claims

How record-high Cat season will impact reinsurance renewals

About half of the Canadian P&C insurance industry’s projected $7.7 billion in losses due to four natural disasters over the summer will be covered by reinsurance, a reinsurance broker told the National Insurance Conference of Canada (NICC) in Vancouver Tuesday. “We can observe that about 50% of the losses coming out those four main events […]

By David Gambrill | September 26, 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

Entering a car to escape assault is not an auto accident

Claims

Entering a car to escape assault is not an auto accident

Ontario’s Licence Appeal Tribunal is tightening up the definition of an auto “accident,” most recently finding that walking to a vehicle, or stepping into the vehicle to protect yourself against an assault, is not the same as the “ordinary use” of a vehicle. For years, personal injury lawyers sued auto insurers for accident benefits simply […]

By David Gambrill | September 13, 2024

3 min read