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2019 Executive Outlook | Ulrich Kadow, AGCS Canada

January 3, 2019 by Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…

News CatastrophesClaims

Half a metre of snow dumped on Newfoundland

January 3, 2019 by THE CANADIAN PRESS

GANDER, N.L. – Residents of Gander, Nfld. are digging out after one of the biggest snowfalls ever recorded there – nearly two feet. A powerful storm blanketed much of the province Wednesday, with St. John’s and some other communities getting…

News ClaimsInsuranceMergers and Aqcuisitions

Asset manager closes acquisition of Sedgwick

January 3, 2019 by Jason Contant

Asset manager The Carlyle Group has closed its acquisition of a majority ownership of Sedgwick from KKR & Co. Inc. and other shareholders for an estimated $6.7 billion. Funds managed by Stone Point Capital LLC and Caisse de dépôt et…

News CatastrophesRestoration

Recent storm ‘most damaging’ in BC Hydro history

January 2, 2019 by THE CANADIAN PRESS

VANCOUVER – BC Hydro says December’s massive windstorm was the most damaging in its history and demonstrates improvements are needed in order to be ready for future outages. A report from the Crown corporation says the Dec. 20 storm was…

News AppointmentsRisk

Canadian university risk manager on RIMS board

January 2, 2019 by Greg Meckbach

A Canadian risk manager is the new vice president of Risk and Insurance Management Society Inc., New York City-based (RIMS) announced Wednesday. Steve Pottle – director of risk management services for Thompson Rivers University in Kamloops, B.C. – was previously…

News Insurance

2019 Executive Outlook | Mike George, Trisura

January 2, 2019 by Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…

News Insurance

2019 Executive Outlook | Louis Gagnon, Intact

January 2, 2019 by Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…

News AssociationsInsurance

2019 Executive Outlook | Don Forgeron, IBC

January 2, 2019 by Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…

News Insurance

2019 Executive Outlook | Denis Dubois, Desjardins

January 2, 2019 by Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…

News Insurance

CAA launches cannabis education campaign for young drivers

December 20, 2018 by Jason Contant

CAA South Central Ontario (CAA SCO) has launched a cannabis education campaign geared toward young drivers. Research from CAA shows that there is a gap in awareness of the effects of using cannabis, specifically in young men. Men aged 25…

News ClaimsRisk

Marriott data breach could cost over $200 million: AIR

December 20, 2018 by Greg Meckbach

The hacking of a hotel reservation system affecting Sheraton, Westin, Starwood and Marriott could cost up to $600 million for direct losses alone, AIR Worldwide said this week. AIR, a subsidiary of Verisk Analytics Inc. that produces catastrophe loss models,…

News InsuranceProductsProfessional Development

Innovation hub for on-demand insurance products opens in Toronto

December 20, 2018 by Jason Contant

An insurance cloud platform provider has opened an “innovation hub” in downtown Toronto to “ideate, experiment, test and deploy” new on-demand insurance products. Slice Labs announced Wednesday the opening of the Slice Launch Studio for the company and its partners…