Net operating income per share of $1.84 in Q4-2014Combined ratio of 88.2% in Q4-2014 driven by the Company’s initiatives to improve profitability and favourable weather conditionsOperating ROE of 16.3% with an 11% increase in book value per share over the past twelve monthsQuarterly dividend raised 10% to $0.53 per share
http://www.stockhouse.com/news/press-releases/2015/02/04/intact-financial-corporation-reports-fourth-quarter-and-year-end-results
Author Archives: Admin2
Intact Financial Corporation reports fourth quarter and year-end results
College of Physicians spreads word about doctor misconduct — just not to police
The College of Physicians and Surgeons of Ontario routinely notifies medical regulatory bodies worldwide when a physician is accused of professional misconduct, the Star has learned, while often leaving local authorities in the dark even if it’s possible a crime was committed.
Cohn: Health minister puts patient first
As Dr. Eric Hoskins tries to chart a new course as health minister, he’s already offside with his fellow health-care professionals: Physicians walked out of pay negotiations earlier this month, while home-care workers walked off the job this week for higher wages.
http://www.thespec.com/opinion-story/5297144-cohn-health-minister-puts-patient-first/
Letters to the Editor, Feb. 1, 2015 – NO APPEAL TO COURTS?
Re “Car crash victims in for a rough ride” (Alan Shanoff, Jan. 25): I was rather disturbed to read about the changes in resolving auto insurance benefit disputes as described in Alan Shanoff’s column. Perhaps there may be reasons for the changes but I have never been convinced that the province of Ontario leadership really know what they are doing. However, what is really appalling is the reference, “Bill 15 removes the option of pursuing remedies through the courts and forces all accident benefit claims to be resolved without recourse to courts.” Since when does the provincial government have the authority to decide what should and can be decided in a court of law? This is a basic freedom in Canada and I don’t believe any province can override that freedom to have disputes settled by a judge in a formal court hearing. I sincerely hope that our elected representatives will have the courage to speak up and remove this section of Bill 15 as it is detrimental to all citizens of Ontario.
David C. Conway Oshawa
(So do we, but it won’t happen. The Liberals have a majority and their trained seals will do whatever they are told) – Editor http://www.torontosun.com/2015/01/31/letters-to-the-editor-feb-1-2015
Let’s start with quality LATs, says reader
“Most people would be pleased to see a faster system. But what about cleaning up the dirty insurance system we have first and making sure that the Licence Appeal Tribunal (LAT) is capable to hear what are complicated cases,” Griswald G toldInsurance Business.
http://www.insurancebusiness.ca/news/lets-start-with-quality-lats-says-reader-187621.aspx
Meet the man injured Ontario workers ‘love to hate’
“Everybody loves to hate the WSIB . . . but we are doing a lot for workers,” the president and CEO, who is paid $400,000 a year, told the Star after his appointment was recently extended by two years.
http://www.thestar.com/news/canada/2015/01/31/meet-the-man-injured-ontario-workers-love-to-hate.html
Lawyers question prof’s critical findings on ABS
While a new study commissioned by the Ontario Trial Lawyers Association has poured cold water on the outcomes of alternative business structures in Britain and Australia, critics say the report’s narrow criteria for measuring the results misses other potential benefits of new ways of offering legal services.
Ontario appeal court rules on discussions between defence lawyers and expert witnesses
The Court of Appeal for Ontario suggested this week that lawyers representing clients in lawsuits can discuss and review draft reports with expert witnesses and do not need to disclose all written communications.
British Columbia auto insurer estimates more than 10% of claims have ‘element of fraud or exaggeration’
The Insurance Corporation of British Columbia announced Thursday its investigation units last year advanced 131 fraud-related charges to crown attorneys, noting that DNA evidence was used to prove an ICBC customer prohibited from driving was actually behind the wheel at the time of an accident, while another customer with only basic auto coverage was caught trying to buy optional additional coverage after a collision.
Personal Injury Law: Getahun provided crucial clarity on consultations between experts, counsel
There’s absolutely nothing improper with counsel’s practice of reviewing draft expert reports, according to the Ontario Court of Appeal in its hotly anticipated decision in Moore v. Getahun last week.