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Death toll rises to 35 from powerful, magnitude 8.1 earthquake in Mexico

September 8, 2017 Mark Stevenson - THE ASSOCIATED PRESS

MEXICO CITY – One of the most powerful earthquakes ever recorded in Mexico struck off the country’s southern coast, toppling hundreds of buildings, triggering tsunami evacuations and sending panicked people fleeing into the streets in the middle of the night.

Feature Construction

Tall Storey

September 7, 2017 Greg Meckbach, Associate Editor

Proposals in Ontario and federally to allow for taller wood buildings has attracted supporters and detractors, both of whom have different views on whether or not risks will also be higher.

News ConstructionInsuranceLegalMergers and Aqcuisitions

182 motorists caught speeding in work zones during SGI’s recent traffic safety spotlight

August 28, 2017 by Canadian Underwriter

Saskatchewan Government Insurance (SGI) has reported that 182 tickets were issued to drivers for speeding in construction work zones during last month’s traffic safety spotlight. In total, 177 tickets were issued to drivers exceeding 60 kilometres an hour while passing highway workers or occupied highway equipment within a municipal or highway work zone, SGI said in a press release issued on Monday. Five tickets were also issued for speeding in construction zones where a flag person is present. The results include all traffic safety focus…

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

More than 200,000 homes in Texas at potential risk of storm surge damage from Hurricane Harvey: CoreLogic

August 25, 2017 by Canadian Underwriter

More than 200,000 homes along the coast of Texas with a reconstruction cost value (RCV) of approximately US$39.6 billion are at potential risk of storm surge damage from Hurricane Harvey, CoreLogic suggested late Thursday. Irvine, Calif-based CoreLogic, a global property

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Cyber market ‘softer than ever,’ commercial property, general liability rates down in U.S. in Q2: CIAB

August 23, 2017 by Canadian Underwriter

Responses from brokers surveyed indicate commercial property insurance rates in the United States dropped an average of 3.6% during the three months ending June 30, with average premium pricing down 1.44% in cyber, in a market that is “softer than

News CatastrophesConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

B.C. extends province-wide state of emergency for the third time

August 18, 2017 by Canadian Underwriter

British Columbia’s Ministry of Public Safety & Solicitor General announced on Friday that it has formally extended its province-wide state of emergency for the third time. The state of emergency now runs through to the end of the day on

News ConstructionInsuranceLegal

Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court

August 14, 2017 by Canadian Underwriter

The Supreme Court of Canada will not be hearing an appeal from an Edmonton shopping mall owner, whose award – of more than $500,000 against insurers, arising from a disputed claim involving building code upgrades – was reversed on appeal.

News CatastrophesClimate ChangeConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

Alberta government addressing flood resilience in Calgary

August 14, 2017 by Canadian Underwriter

The province of Alberta reported on Friday that it has begun implementing advice from a report that identifies ways to improve flood resilience in Calgary and better water management throughout the Bow River basin. The Advice to Government on Water

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Arthur J. Gallagher gains presence in Quebec with acquisition of GPL Assurance Inc.

August 4, 2017 by Canadian Underwriter

Arthur J. Gallagher (AJG) announced late Thursday that it has “extended its investment in Canada and further diversified it geographic presence” with the acquisition of retail insurance broker GPL Assurance Inc. in Quebec. Terms of the transaction were not disclosed. Established

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MKA Canada, Inc. Announces New Winnipeg Office

July 27, 2017 MKA Canada Inc.

On behalf of the Board of Directors , we are pleased to announce the opening of our Winnipeg Office and appointment of Etienne Nel as Regional Manager. Barry Milliner PMP, PQS, AssocRICS Managing Director – Canada Etienne has over 16 years of

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Chubb’s multi-line practice to focus on large transportation clients in U.S. and Canada, help address wide range of risks

July 20, 2017 by Canadian Underwriter

Chubb’s newly launched multi-line industry practice will focus on providing insurance products, service and risk management solutions for best-in-class large risk transportation clients in both the United States and Canada. The formalization of the practice, within the insurer’s Major Accounts

News ConstructionInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Trisura licensed to sell insurance in the U.S.

July 14, 2017 by Canadian Underwriter

Trisura Group Ltd., a surety and commercial specialty insurer that was spun off this year from Toronto-based Brookfield Asset Management Inc., plans to begin writing insurance in the United States. In a July 12 press release, Trisura said it “has