Where Palmer Atlantic acquisition fits into Gallagher’s growth strategy
April 9, 2018 by David GambrillGallagher has recently strengthened its focus on building national industry practices such as trucking with the acquisition of specialist commercial insurance broker Palmer Atlantic. Gallagher has identified long-haul transportation as a priority market segment, and that made Palmer Atlantic a…
Meet the rare insurance professional who deliberately pursued a career in the P&C industry
April 3, 2018 by Jason ContantCarrie Trudeau has officially started her new position as vice president of claims for Canada with Lloyd’s managing agent AEGIS (Associated Electric & Gas Insurance Services Limited), bringing 18 years of experience in the Canadian insurance market to the role.…
Intact to offer new D&O products for commercial brokers in Canada
March 29, 2018 by Greg MeckbachBrokers placing directors and officers (D&O) liability insurance can expect “more new products” this spring from Intact Insurance, given the company’s acquisition of OneBeacon Insurance Group Ltd. in September 2017, an official said Monday. Speaking during Intact’s Investor Day, Mike…
Insurers’ tips to trucking clients: how not to lose your loads
March 13, 2018 by David GambrillIf you want to keep your cargo safe, it’s best to keep it moving, Insurance Bureau of Canada (IBC) warns. Linked to the involvement of organized crime, cargo theft is described as an “epidemic” in Canada, with a total loss…
Insurance implications of marijuana legalization
March 2, 2018 Jennifer Huneault and Jason ArcuriWith legalization of recreational marijuana use slated to take effect in Canada on July 1, 2018, challenge and change is on the horizon. But with change also comes great opportunity, not only for businesses and industries directly involved in the…
Oil and gas fuel Hub’s latest acquisition
February 9, 2018 by Jason ContantDiversification into oil and gas partially fueled Hub International‘s recent acquisition of Kindersley Insurance, the company told Canadian Underwriter Thursday. Keith Jordan, president and CEO of Hub Manitoba, said acquiring the shares of Kindersley Insurance was beneficial for both companies.…
Contractor immune from liability in botched demolition of burning building
February 7, 2018 by David GambrillA trucking and excavation company in Nova Scotia is immune from tort liability because it was acting under orders from the local fire department in a botched attempt to demolish a burning building, a Nova Scotia court has ruled. The…
Educating the Public About Distracted Driving: Dos and Don’ts
January 23, 2018 by David GambrillPublic education strategies must supplement tougher laws if insurers wish to curb the number of claims arising from distracted driving, says the Traffic Injury Research Foundation (TIRF). Despite increasing fines and penalties for distracted driving, nearly one in four fatal…
Pot law renews industry call for drug testing of commercial drivers
January 11, 2018 by Greg MeckbachThe federal government’s push to legalize recreational marijuana is raising concerns within the insurance industry about commercial auto safety and eliciting calls for random drug testing among commercial drivers. Once marijuana is legal, this will “have an impact on the…
Autonomous trucks moving quickly to commercial reality despite job threat
January 2, 2018 Ross Marowits - THE CANADIAN PRESSMONTREAL – Once thought of as a distant fantasy, autonomous trucks are moving towards commercial reality on Canadian highways as companies look to boost productivity amid a driver shortage and governments seek to reduce deadly crashes. They are not yet…
Why U.S. brokerage made its first Canadian P&C acquisition
December 20, 2017 Jason Contant, Online EditorDalton Timmis Insurance Group’s technological capabilities and its “unique abilities” in motorcycle and transportation insurance were among the factors that made it an ideal acquisition target for U.S. brokerage NFP Corp., the president of NFP in Canada said Wednesday. Marty…
Google’s Waymo rolls out autonomous vans without human drivers
November 8, 2017 Tom Krisher - THE ASSOCIATED PRESSDETROIT – A self-driving car company created by Google is pulling the human backup driver from behind the steering wheel and will test vehicles on public roads with only an employee in the back seat. The move by Waymo started…