Canadian Underwriter

Topic Construction

Inflation Meter
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How inflation could prolong the hard market

February 25, 2022 by David Gambrill

Inflation could prolong the hard market in Canada’s property and casualty lines, brokers caution. RMS Canada reports that inflation will hit 5% in 2022 before approaching 3% by the year’s end. “Persistent inflation is primarily due to supply constraints and

Pipeline installation and construction
News B.C.CommercialConstructionEnvironmentalProperty

Politicians condemn violence at Coastal GasLink construction site in northern B.C. 

February 22, 2022 by Hina Alam - THE CANADIAN PRESS

Politicians are denouncing what police have called a violent confrontation in separate attacks against officers and employees at a construction site for a natural gas pipeline being built across northern British Columbia.   Federal Public Safety Minister Marco Mendicino called the

News CatastrophesConstruction

Recent NatCats reveal need to boost construction standards

February 4, 2022 by Greg Meckbach

Enforcing existing building codes, bringing in new construction standards and improving community planning are among the measures governments can take to mitigate the cost of property losses from natural catastrophes, industry watchers say. And arming consumers with better information about

Aerial view of Vancouver
News BrokersCommercialConstruction

Brokerage launches new specialty entity

January 28, 2022 by Jason Contant

Brokerage Wilson M. Beck Insurance Services (WMB) has officially opened the doors to a new specialty entity in Vancouver.  Wilson M. Beck Insurance Services (Specialty) Inc., or WMB Specialty, will operate as a commercially-focused insurance brokerage as part of the

News ClaimsClaims Canada ArchiveConstructionLegalLiabilityOntario

Supreme Court mulls municipal liability in construction site death

December 13, 2021 by Greg Meckbach

The Supreme Court of Canada will consider the question of what risk a municipality has when someone is killed or injured on a construction site when a contractor is involved. Specifically, the top court announced Dec. 9 it will hear

News CommercialConstructionInsurers

QBE names new director of Canada

December 1, 2021 by Canadian Underwriter Staff

Ben Hunter joins QBE in January 2022 as director of Canada. Currently vice president, head of marine, energy, construction & risk services at Liberty Mutual Canada, Hunter’s also held leadership roles at Travelers Canada and Chubb Insurance. In a release,

News ConstructionMergers and AqcuisitionsMGAs

MGA merger: RAISE Underwriting to acquire United Surety

November 10, 2021 by Canadian Underwriter Staff

Specialty managing general agent (MGA) RAISE Underwriting in Toronto announced an agreement to acquire Mississauga-based independent MGA United Surety. The acquisition is scheduled to close January 1, 2022. RAISE CEO Matt Baynton said in a press release Nov. 4, “By

News CatastrophesClaimsConstructionLoss ControlProperty

Too little, too late? The devastating consequences of natural disasters must inform building codes

November 10, 2021 by The Canadian Press

By Anastasia Athanasiou, Postdoctoral fellow, Civil and Environmental Engineering, Concordia University This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.

News BrokersCommercialConstructionSupply Chain

‘Remarkably resilient’ construction industry to be key driver in economic recovery

November 1, 2021 by Canadian Underwriter Staff

Despite facing prolonged supply chain disruptions, rising materials costs and labour shortages, the construction industry is set to lead economic recovery from the COVID-19 pandemic globally, and in Canada. Although the near-term global economic outlook remains clouded by surging inflation

News AlbertaBrokersCommercial AutoConstructionManagementMergers and AqcuisitionsOntarioPersonal AutoPersonal HomeQuebec

The latest acquisitions from Westland and Hub

October 7, 2021 by Jason Contant

Large brokerages Westland Insurance Group Ltd. and Hub International Limited have both announced recent mergers and acquisitions activity. On Tuesday, Surrey, B.C.-headquartered Westland said it had acquired personal and commercial lines brokerage Insurance Unlimited in Mississauga, Ont. The following day,

Feature AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsConstructionInsurersLoss ControlLoss TrendsOntarioPersonal HomePropertySupply Chain

Tornado blows change through Ontario bylaws

October 5, 2021 by Jason Contant, Online Editor

Municipalities respond to series of tornadoes with new rules governing building construction.

News AlbertaConstructionEnvironmentalLegalProperty

Enbridge says Line 3 ‘substantially complete,’ will be in service on Friday

September 29, 2021 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – Enbridge Inc.’s Line 3 pipeline replacement project, a critical piece of export infrastructure for Canada’s energy sector, will be in service on Friday. The pipeline giant said Wednesday the 1,765-km Line 3 – which will carry oil from