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storage

News Insurance

Court tells ICBC to keep paying storage for acid-damaged vehicles

November 4, 2020 The Canadian Press

VANCOUVER – As a dispute over an acid spill that damaged thousands of vehicles winds its way through court, the Insurance Corporation of B.C. has been ordered to keep paying storage costs for the writeoffs. The corporation asked the B.C.

News InsuranceLegal

How Intact lost this battle over vehicle storage fees

May 16, 2019 by Greg Meckbach

Canada’s largest P&C insurer has suffered a setback in its quest to minimize vehicle storage fees. A recent Ontario court ruling means that, for the time being, Intact Insurance has to pay J.P. Towing Service & Storage Limited storage fees

News InsuranceTechnology

Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch

June 23, 2017 by Canadian Underwriter

Companies are planning to spend more on cloud computing services in 2017, but must be cognizant that anticipated costs could balloon absent appropriate monitoring and use, suggest survey results released this week by Clutch. Reflecting input from 283 IT professionals

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Government of Canada announces plan to ban asbestos by 2018

December 15, 2016 by Canadian Underwriter

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,

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Eight (re)insurers join forces for marine cat model

April 1, 2016 by Canadian Underwriter

Sompo Canopius AG, a global specialty lines platform of Sompo Japan Nipponkoa Holdings Inc., announced on Thursday that it has partnered with catastrophe modelling marketing firm Risk Management Solutions (RMS) and six other (re)insurers for the specification and build of