News

Court Upholds Nova Scotia’s Minor Injury Cap

Nova Scotia’s Court of Appeal has dismissed yet another challenge to the province’s $2,500 minor injury cap—upholding the cap at the same time …

Lloyd’s CEO Gives Lesson in Risk Management

Future business leaders received some tips on risk management from someone who’d know—the head of Lloyd’s.
During a speaking tour that included the Harvard School …

Privacy Breaches Continue: B.C. Insurance Council

Insurance Corporation of British Columbia (ICBC) licensees continue to misuse client information, despite heightened measures to enforce privacy, according to the province’s insurance …

Commercial Rates Inch Upward: Towers Perrin

After a five-year downward trend, commercial insurance prices stabilized during the third quarter of 2009, even rising by 0.3%, Towers Perrin reports.
Firming prices …

Auto Thieves’ Most Wanted: Honda Civic Tops Stolen Models List

Car thieves are either lazy or particular—either seeking out either the easiest, unprotected vehicles or high-end luxury vehicles, according to the Insurance Bureau …

Bulletin: Zurich Launches Virtual Literature Rack

Risk managers and brokers searching for risk information have a new online library to browse, with the launch of the Zurich Virtual Literature …

Manitoba Auto Theft Initiative Earns International Recognition

The Winnipeg Auto Theft Suppression Strategy (WATSS) was named as a finalist for the 2009 Centre for Problem-Oriented Policing Goldstein Award, earning the …

Upcoming Alta. Inspector Regulations Target Insurance

A move to regulate home inspectors in Alberta will likely include some form of mandatory insurance for them, according to Service Alberta representatives. …

Bulletin: OSFI Sets Out Stress Testing Guidelines

The Office of the Superintendent of Financial Institutions (OSFI) has set out stress testing guidelines for Canada’s banks, trusts, credit unions and insurers. …

Bulletin: Fairfax Sets Up Brazilian Insurer

Fairfax Financial Holdings Ltd. is venturing into the Brazilian market with a wholly-owned P&C insurer.
The company has received preliminary regulatory approval to launch …

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