People Business
January 31, 2008 Laura KupcisCunningham Lindsey prides itself on being a great place to work.
Ontario’s “no fault” insurance bars subrogated tort claims brought by U.S.-based insurers: Appeal Court
October 5, 2007 by Canadian UnderwriterThe Ontario Court of Appeal has upheld that Ontarios no-fault auto insurance regime prohibits all tort actions for recovery of property damage against a negligent party including subrogated claims brought by insurers.In Clarendon National Insurance v. Candow, Signothahack Bounthai, a…
Pulling Out of WSIB
August 1, 2007 Dylan Short, Manager, Advisory Services, Corporate Underwriting and Safety and Training, Markel InsuMany trucking companies have incorrectly assumed all owner-operators are qualified to opt out of WSIB coverage. This misunderstanding has proved costly for some.
Whose Data Is It, Anyways?
June 1, 2007 Patrick Durepos, President, Keal TechnologyInsurance brokers have a wealth of client information stored across their operations — in their own broker management systems,on their Web sites and within reports from third-party vendors. But can they use that data effortlessly, and productively?
Kingsway ‘disappointed’ with Lincoln General results
May 2, 2007 by Canadian UnderwriterKingsway Financial Services Inc. (TSE:KFS, NYSE:KFS) has reported a 2007 Q1 profit of US$19.6 million, compared to US$28.9 million in 2006 Q1.The company’s combined ratio was 105% in 2007 Q1, compared to 96.2% in 2006 Q1.Changes in estimated unpaid claims…
Putting the Brakes on Air Brake Failure
May 1, 2007 Clive Thomson, Fleet Technical Product Specialist, Risk Services, Zurich CanadaEducation is key to limiting damage and injuries caused by air brake failures in trucks
MPI invests Cdn$5 million in truck driver training
May 1, 2007 by Canadian UnderwriterManitoba Public Insurance [MPI] intends to invest Cdn$5 million over the next three years in a training partnership aimed at Manitoba’s commercial trucking business. “Over the next three years, annual injections of Cdn$1.65 million will help up to 750 Manitobans…
MPI to invest Cdn$5 million in truck driver training
April 16, 2007 by Canadian UnderwriterManitoba Public Insurance [MPI] intends to invest Cdn$5 million over the next three years in a training partnership aimed at Manitobas commercial trucking business.Over the next three years, annual injections of Cdn$1.65 million will help up to 750 Manitobans become…
Hub International acquires Bart Proud Insurance
February 1, 2007 by Canadian UnderwriterHub International Limited (NYSE: HBG) (TSX: HBG) has continued its penetration of the transportation insurance market, acquiring New Jersey-based Bart Proud Insurance (Proud). Proud, with US$3 million in revenue, has entered into a definitive purchase agreement with Hub International Pennsylvania…
Hub International Trucking Insurance Services expands into Vermont
December 19, 2006 by Canadian UnderwriterHub International Limited (NYSE:HBG)(TSX:HBG) plans to accelerate its penetration of the transportation insurance market by acquiring Vermont-based Coburn Insurance Agency, Inc. Coburn, a broker earning US$9 million in revenue, has entered into a letter of intent with Hub International Transportation…
Canada petitions U.S. to help Canadian trucking insurers compete
December 19, 2006 by Canadian UnderwriterThe Canadian government has petitioned the U.S. Federal Motor Carrier Safety Administration (FMCSA) to allow Canadian trucking insurers to underwrite Canadian carriers operating south of the border without having to link with an American counterpart, according to a report by…
New online tool to aid brokers
October 4, 2006 by Canadian UnderwriterMarkel Insurance Co. of Canada has launched an online endorsement processing service for Markel insurance brokers servicing the Canadian trucking industry. Silvy Wright, president and CEO of Markel explains that mid-term endorsements are a time-consuming endeavor for brokers. “Our answer…