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Marsh Canada
Negligence finding against brokerage arising from denied commercial fire claim overturned
June 20, 2017 by Canadian UnderwriterMarsh Canada Ltd. was not contributorily negligent after a fire claim filed by a Halifax pub owner was denied by its Lloyd’s insurers because the property was neither sprinklered nor made of masonry, contrary to a statement on the insured’s…
Using air brakes alone increases risk of runaway trains: TSB
March 22, 2017 by Canadian UnderwriterThere has been an increase, since 2014, in the number of uncontrolled movements of rail cars, the Transportation Safety Board of Canada warned Wednesday. TSB released Wednesday a report into an incident in 2016 in which a tank car rolled…
Chris Lay appointed president and CEO of Marsh Canada
May 11, 2016 by Canadian UnderwriterChris Lay has been appointed president and CEO of insurance broker and risk advisor Marsh Canada, the company announced on Tuesday. Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (MMC), said in a press release that Lay (pictured…
YIPT autonomous vehicles panel addresses product liability, future need for personal auto insurance
April 22, 2016 by Canadian UnderwriterThe first fully autonomous cars could be in showrooms in a few years, attendees to the Young Insurance Professionals of Toronto (YIPT) second annual Speaker Panel Series heard last week. “You will see the first fully autonomous cars in showrooms…
Cyber insurance process becoming more rigorous for certain industry sectors, cyber risk conference hears
April 4, 2016 Jason Contant, Online EditorThe process to obtain cyber insurance may be more rigorous than it has been just a few years ago, even if it is a renewal, a speaker suggested last week at the 2016 International Cyber Risk Management Conference (ICRMC) in…