Daily News

Reinsurers face 'real severe soft market,' but significant amount of risk still uninsured

OTTAWA - There is a soft market in reinsurance, but a significant amount of risk in the world still remains uninsured, speakers suggested Monday at the National Insurance Conference of Canada.
Sep 22, 2014 8:00PM


Widespread vehicle technology, telematics pressure brokers to reinvent their business

OTTAWA - As technology such as telematics and driverless vehicles become more widely commercially-available, brokers will come under increased pressure to provide value, or else watch their profession diminish, according to a panel of experts...
Sep 22, 2014 7:54PM


Combining P&C with other financial products helps improve margins: NICC speakers

OTTAWA - Combining property and casualty insurance with other financial products helps improve both customer retention and margins, speakers suggested Monday at the National Insurance Conference of Canada in Ottawa.
Sep 22, 2014 7:33PM


Albert Poon new president of Canadian Independent Adjusters' Association; David Porter resigns

The Canadian Independent Adjusters’ Association (CIAA) has announced that Albert Poon, CIP, most recently CIAA’s 1st vice president, has assumed the role of CIAA national president, effective immediately.
Sep 22, 2014 5:25PM


Civil engineers group calls for a national strategy on mitigating floods

An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy.
Sep 22, 2014 4:54PM


Rodney Hancock honoured with first-ever Dale Rempel Award of Excellence

The Insurance Brokers Association of Canada (IBAC) announced Monday that Rodney Hancock, CEO of McFarlan Rowlands Insurance Brokers in London, Ontario, is the recipient of the inaugural Dale Rempel Award of Excellence.
Sep 22, 2014 2:27PM


Report identifies priorities for protecting Canadians against overland flooding

Canada is lagging behind on the issue of overland flooding, necessitating that measures be taken to ensure greater resiliency and to guard against associated losses, suggests a new report issued Monday.
Sep 22, 2014 1:18PM


Most data breaches due to human error, but those caused by malware, spyware most expensive: Beazley

There may be a larger number of data breaches attributable to employee errors, but those caused by malware or spyware are most expensive, note survey findings released by Beazley Insurances Services. Managing 5 Lloyd's...
Sep 22, 2014 1:11PM


Newfoundland judge dismisses moose vehicle collision class action lawsuit

ST. JOHN'S, N.L. – A judge in Newfoundland and Labrador has dismissed a class-action lawsuit that claimed the provincial government was negligent by failing to do enough to protect drivers from moose-vehicle collisions.
Sep 20, 2014 10:56AM


Mexico struggles to return order to hurricane hit resort of Los Cabos

MEXICO CITY - Mexican authorities are still struggling to restore services and calm residents five days after Hurricane Odile knocked out power, water and phone service, sparking widespread looting.
Sep 19, 2014 3:19PM


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