Full Steam Ahead
August 1, 2009 Captain John W. HostyPleasure craft boating losses have become a big business, and they don’t always come from sources one might expect.
Building the Case for Improved Infrastructure
March 1, 2009 Paul KovacsCanadian insurers are paying the price of almost 30 years of protracted neglect and the resultant collapse of Canada’s public infrastructure.
Hazards of Propane
September 30, 2008 Richard KoorenThe recent catastrophic explosion and fire on Aug. 10, 2008 at the Sunrise Propane Industrial Gases facility in Toronto, Ont. has raised many questions about the storage, handling and use of propane. In Canada the installation and use of all…
Going with the Flow
June 1, 2008 Larry Watson, Director Of Loss Control, ING Insurance (London, Ontario)New trunk mains and sump pumps are two main ways to prevent sewer and storm water back-up
Water, Water Everywhere
February 1, 2008 David GambrillCanada’s insurers are experiencing a flood of water damage claims, thanks to a variety of factors. At the same time, they might be on the verge of re-thinking the absence of coverage
Moves (February 01, 2008)
February 1, 2008 by Canadian UnderwriterKeal Technology and ING Insurance Company of Canada announced a “commercial integration relationship,” in which Keal’s commercial management system (CMS), comXP, will exchange data with the ING Insurance broker application SaversCL. Using CSIO XML standards, data can be exchanged between…
Flooding in Canada (Part 1): Edmonton and Toronto: Flood of Information
October 1, 2007 Dan Sandink, Research Coordinator, Institute for Catastrophic Loss ReductionEdmonton residents are more likely than Toronto residents to mitigate future flood risk; not surprisingly, Edmonton has a more comprehensive basement flooding education program
Hazard Perceptions and Urban Flooding
March 1, 2007 Dan Sandink, Research Coordinator, Institute for Catastrophic Loss ReductionPublic education can help snap flooding victims out of fatalistic attitudes
Devil is in the Details
March 1, 2007 Steve Williamson, Senior Loss Prevention Consultant, Global Asset Protection Services Unit, Swiss ReProperty risk surveys are underestimated as an important part of risk mitigation and loss control
Views (February 01, 2007)
February 1, 2007 by Canadian UnderwriterThe Ontario Risk & Insurance Manage-ment Society’s (ORIMS) annual Christmas Luncheon in December attracted hundreds of festive industry partygoers to the Sheraton Centre Toronto, home of the Toronto 2008 RIMS Canada Conference. In the spirit of giving, the ORIMS executive…
What’s New: In brief (January 05, 2007)
January 5, 2007 by Canadian UnderwriterBCAA reported more than five-times the normal wind-related claim rate throughout November and December following the string of storms that pummelled the Pacific Northwest.During the two-month period the firm received nearly 600 claims of this nature with an average cost…
E&O claims on the rise
October 1, 2005 Craig HarrisIronically, the same brokers educating consumers about dramatic price increases in the most recent hard market were hit with their own rate hikes on professional liability insurance. While premiums are beginning to stabilize for broker errors and omission (E&O) coverage, there are still some troubling signs in claims severity for this class of business.