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Durepos departs Keal Technology

January 10, 2020 by Greg Meckbach

Pat Durepos and his daughter Renee Durepos are leaving Keal Technology, the broker management system vendor announced Friday. Dimitrios Argitis has joined Keal Technology as vice president and general manager “to lead Keal’s next phase of growth and roll out

News BrokersInsuranceMergers and Aqcuisitions

NFP Canadian executive reveals future M&A strategy

January 10, 2020 by Jason Contant

NFP Corp. has concentrated almost exclusively in Ontario since it first entered into the Canadian property and casualty insurance space about two years ago, but expect that to change in the future. NFP is looking to have “a bigger presence

insPRESS Insurance

Accident Support Services International Ltd. appoints Natasha Noseworthy as Manager of Insurance Programs

January 10, 2020 Accident Support Services International Ltd.

Toronto, ON, January 10th, 2020/InsPress/ – Accident Support Services International (ASSI) is pleased to announce Natasha Noseworthy has joined our organization as Manager of Insurance Programs. Natasha brings over 20 years of experience in the  Insurance Industry as an accomplished

News AdjustersClaimsInsuranceLegal

Did the threshold for special awards against insurers just sink lower?

January 9, 2020 by David Gambrill

A recent decision of the Licence Appeal Tribunal (LAT) concerning an ice fishing accident in Ontario shows that insurers cannot simply rely on the opinions of medical assessors when determining a claimant’s needs, according to one insurance defence lawyer. In

News BrokersInsuranceMergers and Aqcuisitions

The story behind NFP’s foray into the Canadian P&C space

January 9, 2020 by Jason Contant

NFP Corp. has been busy in the approximately two years since the U.S.-based brokerage acquired Dalton Timmis Insurance Group in 2017, its first Canadian P&C acquisition. Since that time, it has acquired a number of Canadian brokerages, including Mass Insurance

insPRESS Insurance

Sedgwick Drives Growth in Canada with Restructuring of Regional Management

January 9, 2020 by Sedgwick

TORONTO, ON, January 9, 2020/InsPress/  – Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, today announced the restructuring of their regional management and addition of experienced team members in Canada, in order to bring them

News EngineeringInsuranceLegal

Why this town is not liable for electric shock hazard at sports field

January 8, 2020 by Greg Meckbach

An Ontario municipality was recently found not liable for an electrical hazard created when a light pole at a sports field was struck by lightning, allowing the light to continue functioning while letting current leak into the ground near the

News InsuranceLegalRisk

What risk managers can learn from Supreme Court ruling in favour of Canada Post

January 8, 2020 by Greg Meckbach

How should risk managers handle situations where their workers could encounter hazards off site? A recent Supreme Court of Canada ruling in favour of Canada Post could provide some guidance, a lawyer suggested Tuesday to Canadian Underwriter. “It is now

News BrokersInsuranceMergers and Aqcuisitions

The latest brokerage to join the parade of M&A in 2020

January 8, 2020 by Jason Contant

Another day, another acquisition. McDougall Insurance and Financial has merged with Provenance Insurance Services Ltd., which operates as Knox Hutchison Insurance Services (North Bay), Municipal Insurance Services (North Bay) and Dynamic Insurance Brokers (Sudbury). Provenance will join with McDougall to

News Climate ChangeInsuranceRisk

Is climate change driving up the risk of wildfires in Canada?

January 8, 2020 Mia Rabson - THE CANADIAN PRESS

OTTAWA – Canadian wildfire experts say Canada is very vulnerable to the kind of devastating wildfires ravaging Australia right now. More than 12.5 million acres (about 5.1 million hectares) of bushland have burned in Australia since October and prime forest-fire

News BrokersInsuranceMergers and Aqcuisitions

Canadian brokerage M&A explodes out of the gate in 2020

January 7, 2020 by Jason Contant

“The market for P&C brokerages and books of business is strong and will likely continue to be robust in the foreseeable future,” Mike Berris, partner and practice group leader with Smythe Advisory, predicted last August in the firm’s Property &

News AdjustersInsuranceMarkets / Coverages

How IBC is addressing hard market in condo insurance

January 7, 2020 by Greg Meckbach

Condo corporations in Alberta that are having trouble finding insurance might be able to get help from the Insurance Bureau of Canada. IBC announced Tuesday it is “engaging” a risk manager who can make practical recommendations to condominium corporations to