Topic Risk Managers
CN looks to reopen tracks in southern B.C. this weekend after second network shutdown
December 3, 2021 by THE CANADIAN PRESSMONTREAL – Canadian National Railway Co. says it aims to reopen its network in southern British Columbia this weekend after another bout of rain and wind prompted a second shutdown. CN said Friday that engineers and construction crews continue to…
Who is now leading Willis Towers Watson Canada
November 30, 2021 by Greg MeckbachLaura Samaroo (pictured, above) is the new Canadian region leader for Willis Towers Watson PLC, the Dublin-based brokerage announced Tuesday. Samaroo is based in Vancouver. She had been Willis Towers Watson’s Western Canadian market leader and Canada co-leader until being…
More flood warnings, watches issued in B.C. as province braces for third rainstorm
November 29, 2021 by THE CANADIAN PRESSVANCOUVER – Flood warnings are posted for a section of British Columbia’s southern Interior and flood watches or high water advisories cover large parts of the province, as it deals with the consequences of a second major rainstorm in as…
Mid-sized business leaders cite ‘customized risk management advice’ as top need for reducing exposure
November 5, 2021 by Canadian Underwriter StaffCustomized risk management advice ranks highest among the top needs of mid-sized businesses to reduce their risk exposure, a new survey found. The findings suggest there’s an opportunity for brokers and risk managers to deepen risk management conversations with clients.…
Brooke Hunter elected to UNIBA Partners board
November 4, 2021 by Greg MeckbachCanadian commercial brokerage CEO Brooke Hunter is now on the board of UNIBA Partners, a Brussels-based organization. UNIBA, which operates in more than 130 countries, announced Hunter’s election Wednesday. UNIBA is comprised of more than 70 independent, owner-led brokers. In…
B.C. auditor calls for better fraud risk measures at public sector organizations
November 3, 2021 by Dirk Meissner - THE CANADIAN PRESSVICTORIA – Public sector organizations in British Columbia must do more to strengthen their fraud risk assessment and management practices, says auditor general Michael Pickup. A survey of 140 public sector organizations, including ministries, Crown corporations and post-secondary institutions, found…
Eagle Underwriting gets acquired, keeps own brand
October 26, 2021 by Greg MeckbachManaging general agent Eagle Underwriting Group Inc. has been acquired by GroupAssur, private equity firm Novacap Management Inc. announced Tuesday. “With Eagle, the objective was to get a broader spectrum of product,” said Jean-François Raymond, president of Montreal-based GroupAssur, in…
Risk management more important than ever to middle market firms, yet few turn to brokers for advice: Chubb report
October 22, 2021 by Canadian Underwriter StaffRisk management has become a top concern for middle market companies surveyed following more than a year of pandemic and other related business disruption, data from Chubb has shown. According to Chubb’s Middle Market Indicator for Q2 2021, which surveyed…
Why this city owes duty of care in $1 million personal injury lawsuit
October 21, 2021 by Greg MeckbachA Supreme Court of Canada ruling released Thursday means a British Columbia municipality is facing a new trial, in a $1-million lawsuit, filed by a woman who was seriously injured after parking her car after a snowstorm. In City of…
How coffee whitener and aluminum dust can pose a fire risk
October 19, 2021 by Greg MeckbachClients could be surprised at the fire and explosion risk to which they are exposed if they are in the 3D printing business or produce dust of any kind. “It is easier to name the dusts that are not explosible…
Why the Supreme Court of Canada validated this limitation-of-liability clause
October 15, 2021 by Greg MeckbachA software consulting firm that was sued in Quebec for $6.25 million can rely on a limitation of liability clause in its consulting and integration contract, the Supreme Court of Canada ruled in a decision released Friday. In 6362222 Canada…
Canadian cyber MGA looking for carrier partners for international expansion
October 5, 2021 by Greg MeckbachCanadian managing general agent BOXX Insurance Inc. is about to set up an office in Miami and is looking for carriers to underwrite its cyber coverages outside of Canada. Toronto-based BOXX announced last week it is expanding to the United…