Pulling Heads Out of the Sand
November 1, 2010 Jay A.R. CassidyEven the most ardent ostriches in the world of underwriting D&O insurance must be aware of a trend in which the U.S. plaintiff’s bar is taking an active interest in Canada’s approach to class action litigation.
Primary Insurance Outlook 2008: Making the Magic Last
December 1, 2007 by Canadian UnderwriterYear 2007 is almost at a close, and while the industry results have generally been good this year (following a second straight relatively catastrophe-free season), they have not been stellar, and they have noticeably deteriorated compared to the 2006 results.…
Pharmaceutical insurers migrating north
November 12, 2007 by Canadian UnderwriterPharmaceutical insurers underwriting huge liabilities and risks in the United States are migrating to a much-friendlier climate in Canada, according to a report by A.M. Best. Canadas feature attraction is that its legal environment is much more predictable than that…
Passport to Litigation Certainty
July 1, 2007 Vanessa MarigaA simple claim isn’t so simple anymore when it spans multiple jurisdictions
First risk management system for nano-technology developed
March 15, 2007 by Canadian UnderwriterThe Innovation Society Ltd. (St. Gallen, Switzerland), a nanotechnology consulting firm, and technology company TV SD (Munich, Germany) have developed the first certifiable nano-specific risk management and monitoring system, the Innovation Society announced in a press release. The system, called…
What’s New: In Brief (February 23, 2007)
February 23, 2007 by Canadian UnderwriterWoodhouse Contracting Ltd. has joined a strategic partnership with Edenvale Restoration, uniting two of the largest independent companies in the Canadian disaster restoration industry.Edenvale, with headquarters in Abbotsford, B.C., operates in the British Columbia Lower Mainland with operation branches in…
SGI disagrees with Fraser Institute findings
February 16, 2007 by Canadian UnderwriterAccording to the Saskatchewan radio station News Talk 650, Saskatchewan Government Insurance (SGI) disagrees with a recent study by the Fraser Institute.The study claims that drivers in British Columbia, Ontario, Saskatchewan and Manitoba pay more for auto insurance on average…
Overcoming Challenges
June 1, 2006 by Canadian UnderwriterHow the cycle, catastrophes and broker challenges will guide the industry of today and tomorrow
Counting the Claims
January 1, 2006 by Canadian UnderwriterClaims Management Outlook 2006
Liability market softening slower than property: Willis
January 18, 2005 by Canadian UnderwriterIn its “International Liability Market Review”, broker Willis says predictions that the liability market would see flat to declining pricing in the second half of 2004 were borne out. But the 10-15% declines in liability pricing paled in comparison to…
2004 securities litigation cases already topping 2003
November 25, 2004 by Canadian UnderwriterWith the third quarter of 2004 presenting a record 69 new securities litigation cases being filed in the U.S., this year’s total number of cases has already reached the level achieved in all of 2003.According to PriceWaterhouse Coopers LLP, in…
D&O market growing: Willis
April 22, 2004 by Canadian UnderwriterThe troubled directors’ and officers’ (D&O) market is actually growing in capacity, with “competition and creativity” being witnessed among carriers, says a new report by international brokerage Willis. While the past two to three years have seen skyrocketing rates and…