438 articles for Aug 2007
Alice Keung of Economical joins Insurance-Canada.ca Advisory Board
October 30, 2017 by Economical InsuranceWATERLOO, ON, Oct. 30, 2017 /insPRESS/ — Rowan Saunders, President and Chief Executive Officer of Economical Insurance, is proud to announce that Alice Keung, the company’s Senior Vice-President and Chief Transformation Officer, has been appointed a member of the Insurance-Canada.ca Advisory…
Actual U.S. homeowners’ loss ratio 10 points lower than modeled expected over past 10 years: Aon
October 16, 2017 by Canadian UnderwriterThe catastrophe loss ratio, over 10 years, was 10 points lower than the modeled expected cat loss ratio in homeowners’ insurance in the United States, Aon plc suggested in a report released Monday. Aon Benfield Analytics released Monday its annual…
TSB calls for mandatory stall warning devices in commercial de Havilland DHC-2 airplanes
September 11, 2017 by Canadian UnderwriterThe Transportation Safety Board of Canada said Thursday it is recommending that stall warning systems be mandated for all de Havilland DHC-2 single-engine Beaver airplanes, a recommendation the Federal Aviation Administration made in 2008 after six tourists died in a floatplane…
Tenant’s insurer not liable for subrogated home fire claim arising from vehicle repair
August 18, 2017 by Canadian UnderwriterA subrogated fire claim – arising from a tenant repairing his vehicle at home – is excluded from the tenant’s home policy because the fire arose from “use” of a motor vehicle, an Ontario court recently ruled. In June, 2007,…
Supreme Court ruling against electronics firm director raises concern of increasing exposure of individuals to oppression remedy claims
August 17, 2017 by Canadian UnderwriterA ruling last month by the Supreme Court of Canada means it will be more difficult for corporate directors to have oppression remedy lawsuits against them summarily dismissed by courts, a lawyer suggested Wednesday in a blog post. The decision…
Dash 8 crew erroneously thought convective activity was not a factor in Mont-Joli approach incident: TSB
August 16, 2017 by Canadian UnderwriterA combination wind shear and turbulence was one factor in a 2016 incident in Quebec in which a pilot had “temporary difficulty” controlling a Dash 8 below 2,000 feet, the Transportation Safety Board of Canada said in a recent investigation…
Lack of safety management systems found in “numerous” marine, aviation accident investigations: TSB
July 24, 2017 by Canadian UnderwriterFifteen years after four passengers drowned in an accident aboard an amphibious sightseeing vehicle across the Ottawa River from the nation’s capital, the Transportation Safety Board of Canada warned Thursday that there has “been only limited progress” on expanding the…
Crawford & Co. realigns Ontario branch system
July 17, 2017 byThe company names managers to lead newly designated hubs
Crawford & Company (Canada) Inc. Makes Key Operational Appointments
July 14, 2017 Crawford & Company (Canada) Inc.Toronto – Pat Van Bakel, president & CEO of Crawford & Company (Canada) Inc., is pleased to announce the appointment of several key operational staff. The appointment of Mary Charman, Kelly Stevens and Mike McLeod as managers, Spencer Bailey as…
TSB reiterates call for 300-metre runway end safety areas
May 17, 2017 by Canadian UnderwriterThe 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…
Northbridge Financial Corporation purchases surety underwriting business of Fenchurch General Insurance Company
May 10, 2017 by Canadian UnderwriterToronto-based commercial P&C insurer Northbridge Financial Corporation announced on Tuesday that it will enter the surety market in Canada by purchasing the surety underwriting business of Fenchurch General Insurance Company. Starting June 1, businesses across Canada will have access to…
Global demand for new vehicles to increase 1% to 2% in 2017: Fitch
May 4, 2017 by Canadian UnderwriterGlobal demand for new vehicles will increase 1% to 2% in 2017, according to Fitch Ratings’ latest U.S. Automotive Handbook, published on Wednesday. The handbook noted that growth in China, Europe and Brazil will more than offset demand declines in…