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Marsh reports p&c market hardening now evident in Canada

The transition that started last year for most Canadian p&c insurers is continuing into 2012, Marsh says in its latest report on the marketplace here.

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Adjusters, insurers struggling with new Minor Injury Guideline

Adjusters are finding Ontario’s new Minor Injury Guideline situation is ‘crazy’ right now and a legal expert has warned that the industry will be waiting for a couple of years before there is a judicial ruling on it.

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Insurance Corp. of B.C. bravely joins Facebook

More than two years after launching a Twitter account, the Insurance Corp. of B.C. has now joined Facebook.

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Rise of home-grown terrorism leads to new risks in West

The growth of radical homegrown terrorism linked to or inspired by Al-Qaeda and its associated groups will be a cause for concern in the coming year for countries in the West, according to the January 2012 edition of the RMS Terrorism Risk Briefing.

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P&C opportunities exist despite challenges

The Canadian p&c industry is facing a challenging climate but there are opportunities for success if insurers make the right moves in 2012, Ernst & Young says. The p&c side of the industry is in a similar situation to the life business.

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Social data will be mined, researcher says

Social media such as Facebook, LinkedIn and Twitter have become commonplace tools for claims investigators. But underwriters? That day is just around the corner, according to a report from Boston research firm Celent.

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New research suggests major earthquakes

A new white paper from EQECAT says that ‘giant’ earthquakes — once assumed to strike randomly with time — actually occur in clusters.

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Insurers question rehab group figures on assessments

Recent media coverage of an Ontario auto insurance survey conducted by the Alliance of Community Medical and Rehabilitation Providers may be a little misleading, the Insurance Bureau of Canada’s Ontario vp says.

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Commercial p&c rates expected to remain stable

The Canadian insurance market remains in a state of transition entering 2012, says Marsh Canada president and ceo Alan Garner

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Insurers in N.S. prepare for April auto changes

Insurers have expressed some optimism for changes to the Nova Scotia auto insurance system due to start taking effect Apr. 1.

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