Keyword
The Sovereign General Insurance Company
The common commercial property exclusion one carrier is addressing
October 9, 2018 by Greg MeckbachRadioactive 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…
What is creating confusion in the cyber insurance market?
January 25, 2018 by Jason ContantThe 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…
Need for building code upgrades ‘did not come about’ due to ice damage: Alberta court
August 14, 2017 by Canadian UnderwriterThe 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.…
Q2 combined ratio improves 13.3 points to 101% for The Co-operators
July 28, 2017 by Canadian UnderwriterCo-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,…
Rob Wesseling to become president and CEO of The Co-operators on Dec. 1
August 30, 2016 by Canadian UnderwriterThe 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…