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Chubb introduces Cyber COPE, a new model for underwriting cyber insurance

December 13, 2016 by Canadian Underwriter

Chubb announced on Tuesday that it has introduced Cyber COPE, a new model for underwriting cyber insurance that is intended to simplify and improve the assessment of both cyber and privacy risks. Authored by Ross Cohen, director of cyber/privacy services

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Information availability key to enhancing coverage in construction

November 14, 2016 by Angela Stelmakowich

Having as much solid information as possible – as early as possible – can help open up the marketplace when it comes to available coverages for construction projects, Peter Campbell, Halifax branch manager for Jardine Lloyd Thompson Canada, suggested during

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Some increased risks developing in surety space, but these can be managed: panel

November 14, 2016 by Angela Stelmakowich

The outlook for surety in Canada is healthy, but a number of developments are introducing increased risk that need to be taken into account and properly managed, speakers suggested during the Toronto Risk and Insurance Education Forum last week in

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Disputed course of construction claim involving LEG exclusion remanded back to B.C. appeal court

October 25, 2016 by Canadian Underwriter

A disputed $14.5-million claim on a course of construction policy, arising from an incident when concrete slabs over-deflected during the building of a hospital addition, was recently remanded by the Supreme Court of Canada to the British Columbia Court of

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Builder’s Risk

October 1, 2016 Timothy McGurrin, Partner, Miller Thomson

In light of a recent Supreme Court of Canada ruling on a builder’s risk policy, insurers can anticipate that court decisions involving disputes over standard form insurance contracts are more likely to be appealed.

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Recent earthquakes a reminder that events can happen anywhere: I.I.I.

August 26, 2016 by Canadian Underwriter

The recent earthquakes in Italy and Myanmar are a warning to homeowners and business owners in regions that may also be at risk to consider purchasing earthquake insurance, notes the Insurance Information Institute (I.I.I.). Just 10% of homeowners in the U.S. have

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Low-quality cement, inadequate supporting rods among issues in Italian region hit by earthquake: Aon

August 24, 2016 by Canadian Underwriter

The region of Italy hit by an earthquake early Wednesday morning, which killed at least 65, has buildings with “inadequate supporting iron rods” and a “relatively low” penetration of earthquake insurance for residential property, Aon plc’s Impact Forecasting LLC subsidiary

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Contractors say co-ordination needed as focus turns to rebuilding Fort McMurray

May 13, 2016 Ian Bickis - THE CANADIAN PRESS

CALGARY – Construction and cleanup firms are already mobilizing to help rebuild Fort McMurray, Alta., after the wildfires, a monumental effort that’s expected to take years. Ben Dutton at the Casman Group of Companies says he has crews heading up

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Construction contractors who subcontract design work could take on more E&O liability risk: Chubb

March 31, 2016 by Greg Meckbach

Construction contractors involved in design-build projects take on additional professional liability exposure, while building information modelling software and employees storing data on wireless mobile devices can create cyber liability exposure, Chubb Ltd. suggests in a paper released Thursday. “Under the

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Insurance Decisions

March 22, 2016 Chris Dunn, partner; and Josiah MacQuarrie, associate, Dutton Brock LLP

A review of the ten most important insurance coverage cases of 2015