Risk
How to investigate suspicious claims without drawing accusations of "bad faith."
December 31, 2009
7 min read
Small And Medium-Sized, Privately Owned Companies In Canada Face Several Of The Same Management Exposures As Larger Corporations, And Yet Many Don't Purchase Directors And Officers (D&O) Liability Insurance. Why Not?
6 min read
Opinion/Analysis; Do brokers know how credit-based insurance scoring is affecting their clients? A regulatory survey suggests their clients don't know either.
4 min read
Waterfront cottage owners are now legally obligated to consider whether or not their actions might have increased the likelihood of serious injuries on their property.
The Canadian Independent Adjusters' Association (CIAA) has been working hard over the past year to re-invent itself through an inclusive and exhaustive strategic planning process.
Opinion/Analysis; The last time Canada had a $1-billion-plus cat year was 2005. But now it looks like 2009 will go down as another costly year for cat losses.
1 In the most recent Canadian Underwriter online poll, readers were asked: Should insurance companies be allowed to use policyholders’ credit scores as a factor in underwriting auto, home and commercial insurance? The majority, 64.16%, said ‘no,’ while 35.84% of respondents said ‘yes.’ 2 CNA Canada has appointed Gary Owcar president and chief operating officer. […]
5 min read
SCM Risk Management Services (RMS) officially unveiled its new insurance-to- value (ITV) indexing technology at a reception at the MaRS Innovation Centre in Toronto on Nov. 23, 2009. Dubbed ‘iClarify,’ the RMS indexing tool has been developed to help resolve the ITV issue. SCM Risk Management Services partnered with the Insurance Brokers Association of Ontario […]
1 min read
For the better part of a year, insurance companies have been hinting that some form of product innovation is required to offset the heavy losses insurers have been taking in the personal property lines — in particular, water damage losses. Innovation is required, insurers say, because most homeowners’ policies have been underwritten on the assumption […]
November 30, 2009
3 min read
INSURERS SLOW TO ESTABLISH CHIEF RISK OFFICER POSITION: OSFI Canada’s property and casualty industry has been lagging in the establishment of the Chief Risk Officer position and the processes that ac- company it, the Office of the Superintendent of Financial Institutions (OSFI) says. OSFI superintendent Julie Dickson made the observation while speaking at OSFI’s first […]
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