OSFI keeping close eye on P&C companies at risk

The Superintendent of Financial Institutions, Julie Dickson, gave a dismal review of Canada’s property and casualty (P&C) industry and said her office is …

Insurers Still Spending on Software: Celent

Property and casualty insurers aren’t slowing down on software deals, despite the recession.
The rate of software deals and partnerships remained steady between 2005 …

Bulletin: ICBC Campaign Promotes Car Sharing

The Insurance Corporation of British Columbia (ICBC) is thinking big—and small—for its Drive Smart, Save Green campaign. The insurer has joined car-sharing service …

Alberta’s Premium Question – How high can premiums go?

How high will auto premiums rise in Alberta? That hinges on the fate of the province’s minor injury regulation, according to the Insurance …

Economy shrinks 1.4% in first quarter

Canada’s real gross domestic product (GDP) declined 1.4% in the first quarter of 2009, marking the largest quarterly decline since 1991, according to …

Bulletin: A.M. Best Rates Co-operator’s Shares

A.M. Best has given the preferred shares issued by Co-operators General Insurance
Company a debt rating of “bbb-”, the ratings agency announced May 29.

New Problem, Old Remedy

IBC Tests Rain Barrels
Old-fashioned rain barrels could be the solution to overburdened sewer systems and flooding, according to the Insurance Bureau of Canada …

More Data Breaches at ICBC, Insurer Set for Audit

The Insurance Corporation of British Columbia’s (ICBC) information
practices are under a provincial microscope after the public auto insurer

The MPI Solution: Define Catastrophic Injury, Boost Benefits

Manitoba’s public auto insurer wants to redirect millions in savings
back to catastrophically injured accident victims in the form …

What Will New Leadership Mean for AIG?

Ushering in new leaders at AIG won’t change the company’s
fundamental problems, but it could bring long-term stability to …

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