Ellen J. Moore, president and CEO of Chubb Insurance Company of Canada, is among the winners of the 2006 McGill Management Achievement Awards. At a February ceremony held in Montral, Moore joined Auditor General of Canada Sheila Fraser, Cirque du…
Disaster Kleenup International, Inc. founder, Edgar Perry “Ed” York, passed away on March 13, 2006 after a long illness near his home in Vancouver, Washington. York launched DKI in 1974 as an outgrowth of an academic research project and led…
Tony Boobier has been appointed to head Marshall & Swift / Boeckh’s newly created London-based international solutions division. Boobier will develop the use of MSB’s claims and underwriting systems within the U.K. and European insurance and reinsurance arenas. Initially, Boobier…
The insurance industry must compensate for extreme changes in the number of tropical cyclones and hurricanes by assuming a different loss distribution for the current warm phase of the natural climate cycle than in the years before, according to a…
This year’s treaty renewals in property and casualty reinsurance are generally satisfactory as the hard market has been sustained, according to Hannover Re. “Although not all our expectations were realised, we were still able to top the already very high…
Operation Red Nose successfully delivered about 6,575 individuals to the safety of their own homes this holiday season. York Region Police Chief Armand La Barge, president of the Ontario Association of Chiefs of Police, congratulated Canada’s home, car and business…
New Remediation Process for Water Damage Could Save Insurers ‘Billions’
Protecting Art’s Unique Value Requires Mastery of the Craft
Clearing their closets for a good cause, members of the insurance industry formed a clothing collective that donated over 1,800 lbs of gently used women’s business clothing and accessories to the first annual industry clothing drive to benefit Dress For…
The KRG Insurance Group has appointed five new additions to its team. Paul Martin, CIP, president and chief operating officer, welcomes: Dave Potter, CRM, to the position of vice president of commercial lines and claims; Lyna Newman, FCIP, CRM to…
The Certified Restoration Drycleaning Network (CRDN) will celebrate its first annual clothing drive this October. Posing a positive challenge to the insurance industry to dig deep into their closets, the drive will donate used women’s business attire to help economically…
Business Interruption coverage has used a variety of different forms and wording over the years. They all start with the same basic premise: they are triggered only by damage to income-producing property at the premises designated in the policy. Such damage either reduces or impairs the ability to produce cash flow or increases the cost in doing so.