January 25, 2005 by Canadian Underwriter
Broker Aon says the introduction of the Airbus A380 will challenge the aviation liability market, and may cause liability limits to rise for the entire industry. Much like the introduction of Pan Am’s 747 some 35 years ago, the mammoth Airbus has the potential to push liability limits up to US$3 billion from their current US$1.5-$1.75 billion range, says Wayne Wignes, president of Aon’s aviation group.
Gore Mutual has donated $1 million to its charitable foundation to support various community causes. The fund supports charities in communities where the insurer operates and last year gave money to 145 causes to support education, health, cultural and social causes. This has included support the purchase of medical equipment such as an MRI, funding camps for children with cancer, and supporting local food banks, women’s services and humane societies.
Marshall Swift/Boeckh says two more of its valuation product training courses have been accredited by the Registered Insurance Brokers of Ontario (RIBO). BVS-Agricultural and BVS-Commercial are approved for two hours each of continuing education technical credit for brokers. To get more information or register for MS/B courses, contact Mary Cavaleri at 1-800-661-3619 ext. 226 or email email@example.com.