Risk
The creation of SCM Insurance Services Inc., Canada's largest independent adjustment firm, merges claims adjustment, data management and risk management.
December 31, 2008
6 min read
Record levels of water in Canada (including hail and snow) drove up the cost, if not the frequency, of property damage claims throughout Canada. And if it wasn't rain, it was accident benefits claims raining down in Ontario auto insurance.
14 min read
The claims community is perhaps the best witness to the discrepancies that occur between the modelled reconstruction values of properties and the true costs to rebuild them.
10 min read
Research on hurricane damage reiterates the importance of the basics in home building: when it comes to preventing roof damage, the nails need to attach the roof to the walls.
5 min read
Without specific authorization outside of the insurance application process, automobile insurers in Alberta are not authorized to collect or use an applicant's credit report regardless of whether the application is for compulsory or optional automobile insurance coverages.
2 min read
UPCOMING EVENTS: FOR A COMPLETE LIST VISIT
SUPREME COURT DISALLOWS POLICY EXCLUSION FOR “FAULTY DESIGN” The Supreme Court of Canada has ordered a group of property insurers to cover the costs related to a damaged tunnel-boring machine under an all-risk policy that contains an exclusion for ‘faulty design.’ In Canadian National Railway Co. v Royal and SunAlliance Insurance Co. of Canada, a […]
November 30, 2008
New research is trying to get a true measure of wind speeds and shingle damage in order to help model for hurricane damages.
; We asked CEOs of primary insurance companies in Canada to identify their top issue facing the Canadian insurance industry looking forward into 2009. Here, in alphabetical order, are their responses.
12 min read
Risk and Insurance Management Society (RIMS) Webinar; As the fallout from the credit crisis slowly rolls out, risk managers need to stick to the basics of what they do -- identify potential liabilities, develop action plans and monitor the financial strength of their companies' insurers.
4 min read
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