Eleven years after the Sunrise Propane explosions in north Toronto that forced the evacuation of about 12,000, no one seems to know exactly what caused that accident or what the total damage was, an Annual Engineering Insurance Conference speaker suggested…
We’ve seen forensic engineering firms apply remediation methods to commercial and residential properties that were affected by flood damage. But now, as flooding has become more severe, they are in the vanguard of building comprehensive and tailored flood prevention and…
Putting speed bumps on private laneways might help commercial clients manage traffic risk, but they need to paint those bumps properly to reduce liability risk. Madison Properties Inc. owns a shopping plaza in Toronto. Maria Pia Cannito tripped and fell…
30 Forensic Engineering’s senior leadership team has acquired the firm, the company formerly known as Giffin Koerth announced Monday. As part of the “evolution and growth strategy of the organization,” founding partner Chris Giffin has agreed to sell his interest in…
The challenge for the property and casualty insurance industry in recruiting young engineers is that engineers generally want to make things instead of figuring out why things crashed or burned. “We have had a challenging time servicing our clients in…
The University of Toronto (U of T) has announced that it will be offering a new certificate in forensic engineering, something the university calls a “first in Canada.” The U of T course is core to a new certificate in…
The Government of Canada announced on Thursday that it will ban asbestos and asbestos-containing products by 2018. According to a statement from the federal government, the comprehensive ban on asbestos will include: Creating new regulations that ban the manufacture, use,…
The role of capital markets in alternative risk transfer within the property and casualty insurance industry is not new. However, the development of sophisticated financial instruments continues to expand, with resilience bonds being the latest arrival in the catastrophic risk market.