Draft demutualization regulations promised, but not yet released

Nov 27, 2012 9:13 AM Draft demutualization regulations promised, but not yet released As Seen on Canadian Underwriter Online By: Angela Stelmakowich, Editor 2012-11-27 -------------------------------------------------------------------------------- Economical Insurance is anticipating that long-awaited federal regulations governing demutualization in Canada’s property and casualty insurance industry will likely require some level of sharing of demutualization benefits with non-mutual policyholders. “Economical has consistently and forcefully…

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Absence of adjudication may feed future tort in Ontario auto

Absence of adjudication may feed future tort in Ontario auto Featured in Canadian Underwriter, By: Angela Stelmakowich, Editor 2012-11-23 -------------------------------------------------------------------------------- A lack of adjudication relating to Ontario’s minor injury guideline (MIG) is creating uncertainty and could set the stage for a large increase in bodily injury (BI) tort, George Cooke, CEO of The Dominion of Canada General Insurance Company, suggested…

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