Rob Seal has been appointed to the position of president and chief executive officer of Cunningham Lindsey Canada Limited (CLC). Seal has held many adjusting and management positions during his 20-year career with CLC, most recently as president of Canadian operations. His technical adjusting skills combined with a customer-focused, employee-driven management style have enabled CLC […]
By Canadian Underwriter | February 20, 2007
1 min read
For the fourth quarter, Co-operators General Insurance Company reported consolidated after-tax net income of Cnd$19 million, compared to the Cnd$39 million profit for the same period in 2005.Gross written premium in the fourth quarter increased 6.7% to Cnd$519 million, compared to $486 million in the fourth quarter of 2005. The loss ratio for the quarter […]
By Canadian Underwriter | February 16, 2007
1 min read
Crawford & Company has reported a 2006 Q4 loss of US$1.3 million, compared with a profit of US$6.0 million in 2005 Q4.Net income for the 2006 year was US$15 million, compared with US$12.9 million reported in 2005. The net loss in the 2006 fourth quarter included a charge of $1.9 million, net of related income […]
By Canadian Underwriter | February 12, 2007
2 min read
Bar coding and batch scanning is expediting insurers' document management processes
January 31, 2007
5 min read
Ontario’s Provincial Auto Theft Team has arrested and charged two men in connection with an international organized auto theft ring operating in the Greater Toronto Area.The two men arrested in connection with the theft ring allegedly exported vehicles from Canada to Cambodia, says an Ontario Provincial Police (OPP) release.”2007 and 2006 model year, high-end sport […]
By Canadian Underwriter | January 19, 2007
1 min read
The Supreme Court has refused leave to appeal in a case that attacked the $100,000 cap on non-pecuniary general damages.
December 31, 2006
7 min read
Insurers need to help replenish the talent reservoir of independent adjusters if they wish to draw on that resource 10-15 years from now.
December 31, 2006
6 min read
Many insurers are rating the Exterior Insulation and Finish System (EIFS) as non-combustible, even though it contains combustible materials.
November 30, 2006
6 min read
Property and casualty insurance claims containing some element of fraud cost Canadians anywhere between $200 million and $300 million in 2005, according to statistics released in November at a Toronto roundtable exploring fraud in Canada. “Industry statistics estimate that of the Cdn$20 billion paid out last year in property and casualty insurance claims, 20% to […]
November 30, 2006
1 min read
Integro (Canada) Ltd. has appointed Brian Cameron as principal and executive broker for the Toronto office. Cameron joins Integro from Marsh Canada, where he served as a senior vice president. He has 35 years of experience as a property and casualty broker, with particular strengths in construction, mining, real estate and heavy manufacturing. “Having represented […]
By Canadian Underwriter | November 28, 2006
1 min read