News

Organizations Face Risk “Preparedness Gap,” says Lloyds Report

Business leaders preoccupied with the risks linked to the economic downturn might be losing ground when it comes to preparedness, a new report …

Pay-as-you-drive insurance pushing into western market

Proposals for a voluntary pay-as-you drive insurance program may be enacted in as little as three months, in California.

Bulletin: More than half of road deaths caused by road conditions; No signs of hard market; Decrease in commercial software sales

More than half of U.S. Roadway deaths are caused by road conditionsA study conducted by the Pacific Institute for Research and Evaluation has …

Lloyds might close DB plan

The group is in the process of reviewing its total reward package, which includes employees of both Lloyds TSB and HBOS. A representative …

Alberta Mandatory Auto Rates to Drop by 5%: AIRB

Drivers in Alberta will pay less for basic auto coverage later this year. Despite upward pressure on rates, insurers must cut mandatory coverage …

Recession keeps commercial insurance premiums in check

According to a new survey released by RIMS, insurers continued to compete vigorously for commercial business in the second quarter of 2009, prompting …

Insurers Looking to “Green” Strategies: Celent

Interest in “green” policies is slowly growing among insurers, but only a few actively follow green practices.
Efforts to curb paper, cut down on fuel …

Alta. Rate Adjustment Will “Factor In” Cap Challenge: AIRB Head

A potential Supreme Court challenge to Alberta’s minor injury cap will play a role in an upcoming rate adjustment, says the head of …

New Cap Challenge Adds “Uncertainty”: IBC

A renewed challenge to Alberta’s minor injury cap creates “uncertainty” in the province’s auto insurance market, according to the Insurance Bureau of Canada’s …

Bulletin: Broker connectivity enhancement with Aviva portal

Broker connectivity will improve, as Aviva Canada Inc., announced on Thursday July 23, 2009, that their portal will be enhanced via Brovada Technologies …

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