A Toronto clinic has been ordered to pay $75,000 in fines this week, after its principals pleaded guilty to engaging in unfair or deceptive acts or practices in the business of insurance related to auto insurance fraud, the Insurance...
Mar 6, 2014 1:58PM
The CIP Society has announced the call for nominations for its National Leadership Awards program, which recognizes excellence across the Canadian property and casualty insurance industry.
Mar 6, 2014 12:28PM
Aviva PLC released Thursday its financial results for 2013, reporting a 2.2-point increase in its claims ratio in Canada, a 6% increase in its worldwide operating profit and a 108% increase in its commercial underwriting result in Canada due in...
Mar 6, 2014 11:38AM
Catastrophes worldwide caused roughly $1 billion in insured losses in February, according to the latest recap report from Impact Forecasting, the catastrophe model development arm of Aon Benfield.
Mar 6, 2014 11:04AM
Beacon Underwriting, an insurance managing general agency, announced Wednesday that it has acquired the business of Can-Sure Underwriting, Ltd., a Vancouver-based MGA. Terms of the deal were not disclosed.
Mar 6, 2014 9:52AM
Poll numbers released Wednesday by the Federation of Small Businesses (FSB) in the United Kingdom show that surveyed small firms in areas affected by recent severe flooding experienced an average cost of £1,531, meaning the total tab...
Mar 6, 2014 9:18AM
OTTAWA - Bank of Canada is keeping its low-interest rate policy in place for a while longer, signalling Wednesday that it remains to be convinced the global economy is out of danger - adding Ukraine to its list of worries.
Mar 5, 2014 3:31PM
U.S. telecom giant Sprint announced Wednesday that a usage-based insurance offering through IMS UBI Intelligence, is now available through its insurance solutions portfolio for auto insurance customers.
Mar 5, 2014 2:24PM
French reinsurer SCOR SE released Wednesday its financial results for the 2013 calendar year, recording a 4.3% year-over-year increase in property and casualty gross written premiums, a 1.2-point year-over-year drop in its natural catastrophe...
Mar 5, 2014 11:48AM
DETROIT - The new CEO of General Motors is reassuring employees after an embarrassing recall of 1.6 million small cars, telling them that an internal review will bring improvements and prevent similar problems from occurring in the future.
Mar 5, 2014 10:33AM