Whether it’s a solar or wind turbine farm, or any other energy-related facility, an insurer expert is raising red flags about the quality of people at job sites. Underwriters care about a site and its propensity to be hit by…
KITCHENER, ON, May 30, 2018 /insPRESS/ – Contractor Connection®, a Crawford & Company global service line and the leading global contractor managed repair provider for property repairs after an insurance claim, announced today its partnership with Peel Mutual Insurance Company (PMI),…
Brokers placing home insurance should be advising clients on how to vet renovation contractors, a spokesperson for a bidding website advises. Some contractors could be working on homes without having workers compensation insurance, and while they may have insurance certificates…
Companies subject to Ontario labour laws could face an additional risk of fines, penalties and orders to pay severance to terminated contractors if labour enforcement staff conclude that independent contractors are actually employees, a lawyer warned Wednesday. With Bill 148,…
Boston-based Berkshire Hathaway Specialty Insurance (BHSI) has announced the availability of a single excess policy that sits atop multiple first- and third-party insurance policies for contractors in the United States and Canada. The new policy provides excess follow form protection…
Insurers would be well-advised to track the evolving marijuana risk to determine if impairment-related loss history could trigger defence and indemnification obligations under employers’ general liability policies, it was suggested Tuesday during a session at the RIMS Canada Conference in…
Large and small construction contractors are vulnerable to cyber crime, with “smart” building devices and lucrative engineering drawings in particular presenting vulnerabilities, Northbridge Insurance warns. “Major advancements in digital connectivity have left the construction industry particularly vulnerable to cybercrime,” Northbridge…
Chubb’s newly launched multi-line industry practice will focus on providing insurance products, service and risk management solutions for best-in-class large risk transportation clients in both the United States and Canada. The formalization of the practice, within the insurer’s Major Accounts…
XL Catlin announced on Thursday that it has launched its new Contractors Pollution Liability Express Program in Canada and the United States to provide consumers with “speed to market and a streamlined environmental insurance underwriting approach” for small to midsize…
Canadian property and casualty managing general agency (MGA) Can-Sure Underwriting and Beacon Underwriting announced on Tuesday that Cameron Copeland will assume the role of president. Copeland assumed the role effective April 15, succeeding Can-Sure founder Jeff Hart, who has “decided…
The Institute for Catastrophic Loss Reduction (ICLR) has launched a backwater valve installation website to provide basic information about sewage backflow prevention devices to assist homeowners in better understanding what they are and how they work, and aid plumbing professionals…
Business interruption (BI) is the leading cause of losses for companies, multinational organizations and non-governmental organizations (NGOs) that operate outside the United States, according to a study released on Thursday by international insurance broker Clements Worldwide. The Clements Worldwide Risk…