Risk

Anatomy of a Deal

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

Risk

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.

December 31, 2008

14 min read

Risk

Catching Smoke

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.

December 31, 2008

10 min read

Risk

All About the Nails

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.

December 31, 2008

5 min read

Risk

Credit Scoring Requires Consent

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.

December 31, 2008

2 min read

Risk

Moves & Views (January 01, 2009)

UPCOMING EVENTS: FOR A COMPLETE LIST VISIT

December 31, 2008

5 min read

Risk

Claims (December 01, 2008)

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

2 min read

Risk

Shingle Damage: In The Eye Of The Storm

New research is trying to get a true measure of wind speeds and shingle damage in order to help model for hurricane damages.

November 30, 2008

5 min read

Risk

Shifting Ground

; 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.

November 30, 2008

12 min read

Risk

Back to Basics (December 01, 2008)

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.

November 30, 2008

4 min read

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