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CEP Forensic and Sintra Engineering merge to create “Canada’s largest forensic engineering firm”

July 4, 2017 by Canadian Underwriter

CEP Forensic Inc. and Sintra Engineering Inc., eastern and western Canadian forensic engineering providers, have announced a merger to create what they are calling the country’s largest forensic engineering firm. The newly created entity, CEP-Sintra, will have close to one

News CatastrophesConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

Toronto mayor: Hidden flooding damage will cost millions to repair

June 29, 2017 The Canadian Press (CPSTF)

Toronto’s mayor says the cost of fixing the damage done to the city’s shorelines and the Toronto Islands by high water levels on Lake Ontario this summer will run to many millions of dollars. But John Tory warns the full

News InsuranceLegislation / RegulationMergers and AqcuisitionsReinsurance

Fairfax-Allied merger offer expires Friday night

June 28, 2017 by Canadian Underwriter

Shareholders of commercial insurer and reinsurer Allied World Assurance Company Holdings AG are being urged to accept the offer from Toronto-based Fairfax Financial Holdings Limited to buy Allied World shares because the merger agreement initially announced a week before Christmas

News AppointmentsInsuranceProfessional DevelopmentReinsurance

François Dagneau appointed CEO of Canadian branch of Arch Reinsurance Company

June 16, 2017 by Canadian Underwriter

Arch Reinsurance Company announced on Friday that François Dagneau will be appointed to the position of chief executive officer of its Canadian branch this month. Dagneau will replace Patrick McGuiness, who is retiring from Arch, the company said in a

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsTechnology

Oral fluid drug screening devices can be “successfully used in Canada,” Public Safety Canada reports

June 7, 2017 by Canadian Underwriter

Results from the federal government’s oral fluid drug screening device pilot project suggest the devices can be “successfully used in Canada” to identify drivers who test positive for certain drugs in various conditions, Public Safety Canada (PSC) reported on Tuesday.

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CSIO announces eSlips, “an industry solution for the digital delivery of proof of auto insurance cards”

June 7, 2017 by Canadian Underwriter

The Centre for Study of Insurance Operations (CSIO) has announced what it is calling “an industry solution for the digital delivery of proof of auto insurance cards, or eSlips.” CSIO announced the solution at Gore Mutual Insurance Company’s Fast Forward

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Opposition MPs concerned about lack of a ‘ready, usable, reliable roadside screening device’ for marijuana impairment

May 30, 2017 by Canadian Underwriter

Opposition MPs spoke Monday in favour of a bill that would raise the maximum sentence for impaired driving causing death and let Canadian police test any legally-stopped driver for alcohol impairment but expressed strong concerns about the ruling Liberals’ plan

News AppointmentsInsuranceMarkets / CoveragesMergers and Aqcuisitions

XL Catlin opens political risk, credit and bond insurance practice in Canada

May 30, 2017 by Canadian Underwriter

XL Catlin announced on Tuesday that it has opened its first political risk, credit and bond (PRCB) practice in Canada “to address continued demand” and appointed Marvin Azzopardi as senior underwriter. “We are very excited to open our first Canada-dedicated

News InsuranceMergers and AqcuisitionsTechnology

Lack of standard air traffic control phraseology leads to runway incursion risk: TSB

May 25, 2017 by Canadian Underwriter

A misinterpretation of an instruction from a ground controller, on the part of air crew on an Embraer 190, was one cause of a runway incursion in Toronto that forced an approaching Airbus 320 to pull up and go around,

News InsuranceLegislation / RegulationMarkets / CoveragesProductsTechnology

Canadians want more regulatory review of emerging technologies: Accenture

May 25, 2017 by Canadian Underwriter

Canadians prioritize regulatory reviews of drones, autonomous vehicles and online user agreements above those of other emerging technologies, according to new research from global professional services company Accenture. For the research, an Ipsos I-Say panel interviewed a sample of 1,003

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Child restraint systems in commercial aviation should be mandatory: TSB

May 19, 2017 by Canadian Underwriter

The use of child restraint systems should be mandatory on commercial aircraft in Canada, the Transportation Safety Board of Canada reiterated Thursday in a report on an accident that injured 25. No child restraint systems were used (nor were they

News InsuranceMarkets / CoveragesTechnology

TSB reiterates call for 300-metre runway end safety areas

May 17, 2017 by Canadian Underwriter

The Transportation Safety Board of Canada reiterated Tuesday a warning that airplane passengers and crew are at risk of injury because not all Code 4 runways at Canadian airports have a 300-metre runway end safety area. TSB – a separate