Views (December 01, 2006)
December 1, 2006 by Canadian UnderwriterACE INA Insurance and ACE INA Life Insurance recently its annual cocktail reception in October at Le Royal Meridien King Edward Hotel in Toronto. *** The Natural Sciences and Engineering Research Council of Canada (NSERC), the Benfield Group and the…
Belfor Holdings acquires world’s largest insurance restoration company
November 3, 2006 by Canadian UnderwriterBelfor Holdings Inc. has purchased 100% of Belfor International GmbH, the world’s largest insurance restoration company, from the Haniel Group of Duisburg, Germany.Haniel will retain an interest in the business through its 25% ownership of Belfor Holdings. As part of…
What’s New: In brief (October 19, 2006)
October 19, 2006 by Canadian UnderwriterDisaster Kleenup International (Canada) Ltd. (DKC) recently welcomed to new members to its group. The new members include Nova Scotia-based MECO Construction Disaster Kleenup and Montreal-based Refexio Inc. The Peterborough Centennial Museum & Archives (PCMA), in collaboration with Rosco Document…
What’s New: In brief (October 11, 2006)
October 11, 2006 by Canadian UnderwriterDefective door latches are at fault for the recall of approximately 145,000 Ford Motor vehicles, including 13,683 in Canada. The Company plans to repair the defective parts which are found on vehicles including the 2005 Five Hundred, 2005 Mercury Montego…
What’s New: In brief (September 08, 2006)
September 8, 2006 by Canadian UnderwriterAmerican International Group Inc. recently hired Anastasia D. Kelly as its new executive vice-president, general counsel and senior regulatory and compliance officer. Kelly most recently served as executive vp and general counsel at MCI/WorldCom. Previously, she was the senior vp…
What’s New: In brief (August 31, 2006)
August 31, 2006 by Canadian UnderwriterRobert E. (Bob) Gallagher, chairman of the board of Arthur J. Gallagher & Co., passed away following a brief illness. Gallagher, 83, joined his father’s insurance agency in 1947 after graduating from Cornell, working alongside his two brothers. In 1963,…
ISO buys Xactware assets
August 16, 2006 by Canadian UnderwriterISO, a provider of risk management products, has acquired the assets of Xactware, Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries. Terms of the deal were not disclosed.ISO is a privately held…
Winmar expands across Canada
August 1, 2006 by Canadian UnderwriterWinmar Property Restoration Specialists have added new Canadian offices in Vancouver, Calgary and Halifax. Winmar is a disaster restoration and general contracting company that specializes in property damage restoration for insurance companies. It currently has 28 locations across the province…
Paul Davis Systems Canada rolls out Xactimate 24
May 18, 2006 by Canadian UnderwriterPaul Davis Systems Canada, a mitigation, restoration and reconstruction network, has rolled out an international version of Xactimate 24, a software estimating program for replacement cost calculations, estimate tracking, and data trending in real time.“Xactimate allows us to provide uniform…
Disaster Kleenup International grows
May 15, 2006 by Canadian UnderwriterA & B Insurance Damage Restoration, Inc. recently joined Disaster Kleenup International, Inc.The addition of A & B to DKI’s membership will strengthen the network’s Northeast market. As a DKI member, A & B Insurance Damage Restoration can utilize DKI’s…
What’s New: In Brief (April 26, 2006)
April 26, 2006 by Canadian UnderwriterIt’s official: The European Commission has cleared Swiss Re’s acquisition of GE Insurance Solutions.In a statement, the commission “concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.”Swiss…
Masters of Disasters
April 1, 2006 David GambrillPreparing for a deluge of cat claims