Claims Canada

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Industry could see more M&A activity

February 1, 2013 by Claims Canada

The Canadian insurance industry could see more merger and acquisition activity in 2013, in part because of continuing low investment returns, suggests a new outlook report from Aon Risk Solutions. Overall, the market will remain stable in 2013, and insurers

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Feature Commercial LinesEarnings / RatingsLegal

Cyber threat top business risk: survey

February 1, 2013 by Claims Canada

Corporate executives are more concerned about cyber threats than other major business risks, a new survey sponsored by insurance giant AIG suggests. More than 85% of the 258 executives surveyed said they were very or somewhat concerned about cyber risks

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Ontario floats regulatory changes to fight fraud

February 1, 2013 by Claims Canada

The Ontario government is proposing several regulatory amendments, slated to go into effect June 1, as part of ongoing efforts to fight auto insurance fraud in the province. The regulatory changes include:•    Requiring insurers to provide claimants all reasons for

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Natural perils in 2012 cause $72 billion in insured losses

February 1, 2013 by Claims Canada

In its recently released annual global climate and catastrophe report, Aon Benfield noted that the costliest catastrophe worldwide in 2012 was Hurricane Sandy, while a hailstorm July 12 in Calgary led to claims exceeding $500 million. Impact Forecasting, the Aon

Frank Malito
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Rethinking Retirement

February 1, 2013 Frank Malito

Vocational services are increasingly relevant in today’s aging workforce

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TIWA Wine and Cheese

February 1, 2013 by Claims Canada

The Toronto Insurance Women’s Association (TIWA) Wine and Cheese Reception was held at The Hyatt Regency in Toronto on Feb. 21. More than 1,200 guests attended the association’s annual signature event.

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Examining the Experts

February 1, 2013 by Claims Canada

For years, courts have expressed concern about the trend of “hired gun” expert witnesses retained by plaintiff or defendant lawyers. Some courts are now applying a higher level of judicial scrutiny to the role of expert witnesses, particularly in cases

Ralph Gottschalk
Feature AssociationsCommercial Lines

On The Scene

February 1, 2013 by Claims Canada

PAUL DAVIS SYSTEMS CANADA, LTD. (PDSC) has added Ralph Gottschalk as the newest franchisee to its network. Ralph will be operating the Paul Davis Systems of Peterborough & Kawartha Lakes franchise providing restoration services to the Peterborough community and surrounding area.   Property

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MDD Forensics Hosts Annual Thanksgiving Open House

February 1, 2013 by Claims Canada

MDD Forensic Accountants hosted their Annual American Thanksgiving Open House on November 22, 2012 at Real Sports Bar & Grill in Toronto. The event also served as a fundraiser for the Starlight Children¹s Foundation

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Hughes Amys Hosts Annual Holiday Cocktail Party

February 1, 2013 by Claims Canada

Friends of Hughes Amys LLP gathered at the Irish Embassy in Toronto for the firm¹s annual Holiday Cocktail Party on November 29. Attendees enjoyed hors d¹ouevres while listening to music and talking to colleagues.

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Ontario Pond of the Honourable Order of the Blue Goose Hosts Galabration

February 1, 2013 by Claims Canada

The Ontario Pond of the Honourable Order of the Blue Goose hosted its annual Christmas party entitled Galabration at the Malaparte at the TIFF Bell Lightbox in Toronto on December 5, 2012. More than 100 ganders and guests attended an elegant evening of

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Large-loss years from extreme weather no longer rarities: ICLR

December 2, 2012 by Claims Canada

The Institute for Catastrophic Loss Reduction (ICLR) reports that large insured losses from extreme weather appear to be “the new normal” for the Canadian insurance industry, expecting that large-loss years will no longer be rarities. As insured losses from extreme