AvMed, Spokeo Verdicts to Impact Third-Party Liability Coverage
Two recent class action lawsuits are likely to have a ripple effect on third-party liability claims and coverages in the future. AvMed Inc., a Florida health insurance company, has agreed to a $3...
View ArticlePressure is on to improve bottom line after catastrophic 2013
Each year, EY publishes our Canadian property and casualty insurance outlook, where we take the pulse of the industry and note what challenges – and opportunities – are in store for the year ahead....
View ArticleMeeting regulatory requirements: Sometimes size matters
As insurers face the challenges of legislative and regulatory compliance, there is an argument to be made that large insurers will be in a better position to meet these challenges. As a means of...
View ArticleEveryone talks about the weatherman…
Once again a big storm was forecast, once again, it failed to materialize (at least for many New Yorkers and New Jerseyans) and once again meteorologists are being criticized for dropping the ball....
View ArticleOntario appeal court expands privacy breach tort to health care sector
The Court of Appeal for Ontario has held that a hospital can be sued (in a proposed class action) for a privacy breach. In Hopkins v. Kay, the class plaintiff alleged that her records as a patient at...
View ArticleInsurers must make risk management a team sport
The role of the Chief Risk Officers (CROs) today is more multifaceted than it used to be. The financial crisis has expanded the CRO role, making risk management in the insurance industry more of a team...
View ArticleAdvantages of a Risk Management Approach to Clients
For a broker interested in writing and retaining commercial accounts, there is a lot to be said for conducting a thorough review of a business owner’s operations, making recommendations for appropriate...
View ArticleInsurance Education that Matters
Your professional development has never been more cutting-edge. Consider the fascinating research of Qui Trieu, manager of personal insurance at Perth Insurance, a wholly owned subsidiary of Economical...
View ArticleAvMed, Spokeo Verdicts to Impact Third-Party Liability Coverage
Two recent class action lawsuits are likely to have a ripple effect on third-party liability claims and coverages in the future. AvMed Inc., a Florida health insurance company, has agreed to a $3...
View ArticlePressure is on to improve bottom line after catastrophic 2013
Each year, EY publishes our Canadian property and casualty insurance outlook, where we take the pulse of the industry and note what challenges – and opportunities – are in store for the year ahead....
View ArticleMeeting regulatory requirements: Sometimes size matters
As insurers face the challenges of legislative and regulatory compliance, there is an argument to be made that large insurers will be in a better position to meet these challenges. As a means of...
View ArticleEveryone talks about the weatherman…
Once again a big storm was forecast, once again, it failed to materialize (at least for many New Yorkers and New Jerseyans) and once again meteorologists are being criticized for dropping the ball....
View ArticleOntario appeal court expands privacy breach tort to health care sector
The Court of Appeal for Ontario has held that a hospital can be sued (in a proposed class action) for a privacy breach. In Hopkins v. Kay, the class plaintiff alleged that her records as a patient at...
View ArticleInsurers must make risk management a team sport
The role of the Chief Risk Officers (CROs) today is more multifaceted than it used to be. The financial crisis has expanded the CRO role, making risk management in the insurance industry more of a team...
View ArticleAdvantages of a Risk Management Approach to Clients
For a broker interested in writing and retaining commercial accounts, there is a lot to be said for conducting a thorough review of a business owner’s operations, making recommendations for appropriate...
View ArticleInsurance Education that Matters
Your professional development has never been more cutting-edge. Consider the fascinating research of Qui Trieu, manager of personal insurance at Perth Insurance, a wholly owned subsidiary of Economical...
View ArticleRMORSA Part 1: Risk Culture and Governance
The National Association of Insurance Commissioners adoption of the Risk Management and Own Risk and Solvency Assessment Model Act (RMORSA) of 2015 required insurance organizations to take a broader...
View ArticleRMORSA Part 2: Risk Identification and Prioritization
The first step in Risk Management and Own Risk and Solvency Assessment Model Act (RMORSA) implementation, risk culture and governance, lays the groundwork and defines roles for your risk management...
View ArticleWells Fargo Data Breach: The Saga Continues (Part 1)
Every business, in every industry, is liable to suffer a scandal. However, in all my years of experience, I have never come across a scandal that wasn’t entirely preventable. In a recent interview I...
View ArticleWells Fargo Auto Loan Scandal: The Saga Continues (Part 2)
The blows keep on coming for Wells Fargo. Within a year of their cross-selling scandal, two more scandals have risen to the top of news headlines. In part one of this series, I set out to make good on...
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