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Latest industry news headlines from Canadian Underwriter
Updated: 14 min 13 sec ago

What's New: In Brief

March 10, 2010 - 4:27pm
Swiss Re estimates total insured losses for the insurance sector arising from the earthquake in Chile will be ... [Full Story]

Fulfilling legal obligation to advise of policy cancellation does not prove insured knew his policy had been cancelled: FSCO

March 10, 2010 - 4:27pm
An insurer that has satisfied its legal requirement for policy cancellation has not automatically proven that ... [Full Story]

What's New: In Brief

March 10, 2010 - 4:26pm
Nearly 300 immobilizer-equipped vehicles in Manitoba were stolen last year because the keys were either left i... [Full Story]

Construction costs see nominal increase in 2009: Xactware

March 10, 2010 - 4:03pm
The sluggish economy, combined with the downward trend of the housing market in 2008, might have played a role... [Full Story]

What's New: In Brief

March 9, 2010 - 4:32pm
PartnerRe expects the total insured industry losses from the Feb. 27, 2010 earthquake in Chile to be between $... [Full Story]

Fairfax Financial maintains strong investment gains in 2009

March 9, 2010 - 4:32pm
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) has reported net earnings of $856.8 million in 2009, m... [Full Story]

What's New: In Brief

March 9, 2010 - 3:43pm
Intact Insurance is congratulating the winners of the 37th annual Canadian Sport Awards, which honour athletic... [Full Story]

Canadian P&C companies back into an underwriting profit in 2009: SCOR Report

March 9, 2010 - 3:35pm
Thirty-nine Canadian P&C insurers canvassed in The 2009 SCOR Report reported a collective underwriting pro... [Full Story]

Advocis calls on CCIR for improved implementation of harmonized rules

March 8, 2010 - 4:36pm
Advocis, The Financial Advisors Association of Canada, is calling on the Canadian Council of Insurance Regulat... [Full Story]

Direct writer association challenges New Brunswick's ban on use of credit scores

March 8, 2010 - 4:32pm
The Canadian Association of Direct Response Insurers (CADRI) has appealed to New Brunswick’s premier and... [Full Story]

What's New: In Brief

March 8, 2010 - 4:31pm
The Insurance Brokers Association of Ontario (IBAO) intends to host more than 50 road show events to educate b... [Full Story]

More regulatory oversight required for massive companies: Conference Board of Canada

March 8, 2010 - 4:28pm
Governments should limit the systemic risks posed by organizations deemed “too big to fail” throug... [Full Story]

Federal Budget allows credit unions to grow, compete federally

March 5, 2010 - 4:22pm
Canada's federal budget would allow credit unions to become national, thus allowing them to grow and compete w... [Full Story]

Clarification

March 5, 2010 - 4:19pm
A 'What's New In Brief' item published on Feb. 10, 2010 stated: "An Insurance Bureau of Canada (IBC) steering ... [Full Story]

Federal Budget allows credit unions to grow, compete federally

March 5, 2010 - 4:15pm
Canada's federal budget would allow credit unions to become national, thus allowing them to grow and compete w... [Full Story]

Federal Budget allows credit unions to grow, compete federally

March 5, 2010 - 4:12pm
Canada's federal budget would allow credit unions to become national, thus allowing them to grow and compete w... [Full Story]

Federal Budget allows credit unions to grow, compete federally

March 5, 2010 - 4:11pm
Canada's federal budget would allow credit unions to become national, thus allowing them to grow and compete w... [Full Story]

Canadian Direct announces record quarterly profit in 2010 Q1

March 5, 2010 - 4:08pm
Canadian Western Bank Group, which owns Canadian Direct Insurance Incorporated (Canadian Direct), a subsidiary... [Full Story]

What's New: In Brief

March 5, 2010 - 4:05pm
There were approximately 20% fewer claims reported during the 2010 Winter Games than during the same time peri... [Full Story]

What's New: In Brief

March 5, 2010 - 4:03pm
American International Group Inc. (AIG) is planning to sell the rest of its 9.1-million remaining shares in Tr... [Full Story]