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RIMS supports charity in its fight against childhood cancer

April 23, 2017 Angela Stelmakowich

PHILADELPHIA – RIMS, the risk management society, has announced that Alex’s Lemonade Stand Foundation (ALSF) is the beneficiary of the society’s 2017 Community Service Day Project, sponsored by ESIS. The project, which this year focuses on combating childhood cancer, is

insPRESS Insurance

Kernaghan Adjusters Strengthens its Lloyd’s Operations with the Addition of Owen Watson BSc, CIP, Cert CII (London Market)

April 22, 2017 by Kernaghan Adjusters

VANCOUVER, BRITISH COLUMBIA – Kernaghan Adjusters enhances its London market claims offering with the introduction of a London Services Manager, Owen Watson BSc, CIP, Cert CII (London Market). Kernaghan Adjusters, in keeping with its ongoing commitment to Lloyd’s claims handling,

News InsuranceMarkets / CoveragesPersonal LinesProfessional DevelopmentTechnology

Allianz makes strategic investment in Lemonade Insurance Company

April 22, 2017 by Canadian Underwriter

Allianz SE announced on Friday that it has recently made a “strategic investment” in Lemonade Insurance Company, a New York-licensed renters and homeowners insurer powered by artificial intelligence and behavioural economics. “The partnership ties in neatly with our digitization focus,”

News InsuranceLegalLegislation / Regulation

Legislation allowing alcohol testing of drivers without prior suspicion tabled on Parliament Hill

April 21, 2017 by Canadian Underwriter

If legislation tabled last week is passed into law, Canadian police officers would be able to test any legally-stopped driver for alcohol impairment and the Criminal Code of Canada would be amended to clarify that police drug recognition experts could

News Commercial LinesInsuranceMarkets / CoveragesTechnology

Water level detectors in all below-waterline compartments should be mandatory for large fishing vessels: TSB

April 21, 2017 by Canadian Underwriter

More than 26 years after the fatal sinking of a leaking fishing vessel north of Nova Scotia, the federal government has still not mandated water level detectors on all large fishing vessels, the Transportation Safety Board of Canada warned this

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30 Forensic Engineering’s Multidisciplinary Approach Provides a 360° View of Slip & Fall Assessments

April 21, 2017 by -30- Forensic Engineering

(Toronto) — 30 Forensic Engineering, Canada’s leading and fully-independent multi-disciplinary forensics firm, offers world-class and trial-tested expertise on biomechanical and human factors involved in slip and fall assessments for insurance and legal clients. Working in tandem with our Personal Injury and

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Vericlaim expands with new Richmond office

April 21, 2017 by Sedgwick

Vericlaim expands with new Richmond office Ruan Desouza joins expert team advancing strategic growth in the Canadian market Vancouver, April 21, 2017 – Sedgwick and its subsidiary Vericlaim, a global provider of loss adjusting and claims management solutions, are pleased to

News InsuranceLegalMarkets / CoveragesTechnology

Volkswagen to pay US$2.8 billion in U.S. diesel emission scandal

April 21, 2017 by Canadian Underwriter

DETROIT – Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests. Federal Judge Sean Cox in Detroit followed the deal negotiated by VW and the U.S. Justice Department.

News Commercial LinesInsurancePersonal LinesProductsTechnology

BlackBerry expanding channels of distribution via cyber security initiative with Allied World

April 21, 2017 by Canadian Underwriter

Ontario-based BlackBerry Limited is growing its footprint in the insurance industry through a new initiative with Allied World Assurance Company Holdings in which the latter’s U.S. cyber policyholders will gain direct access to the former’s cyber security expertise through an

News InsuranceMarkets / Coverages

Transportation Safety Board calls on aviation firms to have “clearly defined” go-around policies

April 20, 2017 by Canadian Underwriter

Commercial aviation firms are at increased risk if they do not have a “clearly defined go-around policy” during approach and landing, the Transportation Safety Board of Canada suggested in a report released Thursday, the same day the agency announced a

News InsuranceMergers and Acquisitions

M&A insurance claims rising, 23% of deals over US$1 billion end in a claim: AIG study

April 20, 2017 by Canadian Underwriter

The frequency of insurance claims related to mergers and acquisitions (M&A) is rising as large deals prove risky and the average payout on the most severe category of claims tops US$20 million, according to a new global study from American

News InsuranceLegal

Police are conducting ‘search’ when knocking on door to investigate allegations of drinking and driving: Court

April 20, 2017 by Canadian Underwriter

Canada’s highest court announced Thursday it will not hear a crown appeal of an impaired driving acquittal, in which a Saskatchewan Provincial Court judge ruled that a police officer knocking on the apartment door of a registered vehicle owner constituted