Canadian Underwriter

The Sovereign General Insurance Company

News Insurance

The common commercial property exclusion one carrier is addressing

October 9, 2018 by Greg Meckbach

Radioactive contamination and extended business interruption are among the new products that brokers can offer Canadian manufacturers later this fall, The Sovereign General Insurance Company announced. Nuclear risks are normally not included in property and casualty insurance policies, though some

News InsuranceMarkets / CoveragesProductsTechnology

What is creating confusion in the cyber insurance market?

January 25, 2018 by Jason Contant

The lack of understanding around what is covered and how products are priced continues to sow confusion in the cyber insurance market. Robin Shufelt, assistant vice president of technology and cyber with The Sovereign General Insurance Company (a member of

News ConstructionInsuranceLegal

Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court

August 14, 2017 by Canadian Underwriter

The Supreme Court of Canada will not be hearing an appeal from an Edmonton shopping mall owner, whose award – of more than $500,000 against insurers, arising from a disputed claim involving building code upgrades – was reversed on appeal.

News CatastrophesInsuranceMergers and AqcuisitionsReinsurance

Q2 combined ratio improves 13.3 points to 101% for The Co-operators

July 28, 2017 by Canadian Underwriter

Co-operators General Insurance Company reported Thursday an underwriting loss of $6.6 million in the three months ending June 30, while direct premiums written were $768.7 million, up 6.4% from $722.6 million in Q2 2016. During the second quarter of 2016,

News InsuranceProfessional Development

Rob Wesseling to become president and CEO of The Co-operators on Dec. 1

August 30, 2016 by Canadian Underwriter

The Co-operators’ board of directors has announced that Rob Wesseling will become president and chief executive officer of the company, effective Dec. 1. Currently the executive vice president (EVP) of property and casualty (P&C) operations for the Co-operators General Insurance