438 articles for Aug 2007
City of Windsor, Ontario recommends council obtain consultant to review possibility of allowing Uber to operate in the city
November 16, 2015 by Canadian UnderwriterThe City of Windsor in Ontario is recommending that its city council obtain an external consultant to review the possibility of allowing services like Uber to operate legally in the city. A statement from the city that was before council…
Engineering Insurance Conference speaker explains defective design, workmanship exclusions
October 13, 2015 Greg Meckbach, Associate EditorThere has been “little interpretation,” by Canadian courts, of the London Engineering Group (LEG)’s exclusion clauses for construction insurance, though a recent decision emphasized what was considered “defective workmanship,” a construction lawyer suggested at the recent 42nd Annual Engineering Insurance…
Policies to ponder from across the Atlantic
September 18, 2015 byGuten tag! Hoi! Salut! Oh, the things we can learn from Europe. For instance, if Rover moves to Berlin, he’ll need Hundehaftpflichtversicherung. If you move to Paris and your daughter’s class goes on a field trip, she’ll need l’assurance scolaire.…
Profits for Canadian p&c insurance companies endure despite challenging market conditions: A.M. Best
September 15, 2015 by Canadian UnderwriterCanada’s property and casualty insurance market – faced with challenging market dynamics and unforeseen headwinds like the steep decline in global oil prices – remains resilient, prompting A.M. Best to maintain a stable rating outlook for the industry as a…
Moves and Views
September 1, 2015 by Canadian Underwriter1 Travelers Canada chief executive officer Brigid Murphy [1a] is retiring from CEO duties, chief operating officer (COO) Duane Sanders [1b] is replacing Murphy and Heather Masterson [1c], most recently with Totten Insurance Group Inc., is taking on the COO…
Hover Craft
September 1, 2015 Urs Uhlmann, Chief Executive Officer, Global Corporate, Zurich CanadaCommercial applications for the disruptive technology of drones have taken off in the last few years. Insurance companies are also keen to seize the opportunities that drones provide in claims support and risk assessment, but must navigate a fast-changing regulatory environment along the way.
Intact must defend construction company over lawsuit arising from fire: Court
August 28, 2015 by Canadian UnderwriterIntact Insurance Company has a duty to defend a construction firm sued for negligence, over a restaurant damaged by fire eight years after the policy was in effect, an Alberta court recently ruled. Court records indicate that ING Western Union…
Pilot risks beyond locked doors
August 27, 2015 byWhen Andreas Lubitz sent a Germanwings Airbus smashing into the French Alps on March 24, killing all 150 people on board, we learned far too much—and yet not enough. Audio from the salvaged black box revealed that passengers screamed for…
Fred Plant named new president of the Canadian Independent Adjusters Association
August 25, 2015 by Canadian UnderwriterClaimsPro, Canada’s largest independent claims adjuster, announced on Tuesday that Fred Plant, the company’s senior vice president, Atlantic Region, has been named the new president of the Canadian Independent Adjusters Association (CIAA). The CIAA has existed for more than 50…
Fred Plant, Claimspros Senior Vice President, Atlantic Region, named new President of CIAA
August 25, 2015 SCM Insurance ServicesClaimsPro, Canada’s largest independent claims adjuster, announced today that Fred Plant, ClaimsPro’s Senior Vice President, Atlantic Region, has been named the new President of the Canadian Independent Adjusters Association (CIAA). The Canadian Independent Adjusters Association has existed for more than…
July 2015 warmest month ever recorded for the globe: NOAA
August 21, 2015 by Canadian UnderwriterJuly 2015 was the warmest month ever recorded for the globe, with average temperatures across global land and ocean surfaces 0.81°C above the 20th century average, according to the State of the Climate: Global Analysis for July 2015 report from…
Exclusion for defect in material workmanship in construction insurance policy did not apply to deflecting concrete slabs: B.C. appeal court
August 20, 2015 by Canadian UnderwriterThe British Columbia Court of Appeal has ruled partly against four commercial insurance carriers, in a disputed claim on a course–of-construction policy, arising during construction on a hospital in Victoria. The insurers must pay $8.5 million to the contractor, as…