Claims
The Insurance Bureau of Canada (IBC) is inviting Quebecers to experience the Quake Cottage, a mobile earthquake simulator, this month and next. As part of its earthquake preparedness campaign, IBC will be touring Quebec cities and shopping centres from La Malbaie to Gatineau between May 6 and June 4, IBC said in a press release […]
By Canadian Underwriter | May 3, 2017
2 min read
More focus on resiliency measures, updated mapping techniques and increased consumer choices are among the recommendations for reforms to the National Flood Insurance Program (NFIP) issued by a coalition for “environmentally responsible, fiscally sound approaches to natural catastrophe policy that promote public safety.” On Wednesday, SmarterSafer – a United States national coalition of taxpayer advocates, […]
Liberty Mutual Insurance has announced that it has completed its acquisition of 100% ownership in Ironshore Inc. from Fosun International Limited. Global insurer Liberty Mutual made the announcement earlier this week that it had acquired Ironshore Inc., a global specialty lines company, from Fosun International, following receipt of regulatory approvals and satisfaction of customary closing […]
MONTREAL – Quebec’s public security minister asked flood-stricken communities to be patient on Tuesday as forecasts called for more rain this week. Numerous Quebec municipalities that border streams and rivers are dealing with floods as heavy precipitation and mild temperatures have caused water levels to rise rapidly. Martin Coiteux took stock of the situation in […]
By The Canadian Press | May 3, 2017
WHITEHORSE – More than 100 aftershocks had shivered across the Alaska Panhandle, southern Yukon and parts of northwestern British Columbia by early Tuesday following two powerful earthquakes a day earlier, but seismologists say while people need to be prepared, it isn’t time to be alarmed. The U.S. Geological Survey reported the aftershocks, including at least […]
By The Canadian Press | May 2, 2017
Aviva Canada and Hail Storm Products have teamed up, with the insurance company announcing on Tuesday that customers can now take advantage of an exclusive 20% discount on the Hail Protector Automobile Hail Protection System. “As the world’s only patented portable hail protection system, customers can rely on the Hail Protector System to prevent hail […]
By Canadian Underwriter | May 2, 2017
Insurers have no “meaningful way of modelling wildfire” losses, a senior executive for Swiss Re Ltd. recently suggested to industry professionals. “If you look at it globally speaking, usually about half of the total insured losses globally are unmodelled perils,” said Balz Grollimund, Swiss Reinsurance Company Ltd.’s head of treaty underwriting for Canada and English […]
4 min read
The availability of insurance covering cost awards against losing plaintiffs, and a Supreme Court of Canada ruling over an accused's right to be tried within reasonable time, are among the factors that insurers need to consider when facing personal injury claims.
By Ari Krajden, Partner; and Nicholas Carmichael, Associate, Zarek Taylor Grossman Hanrahan LLP | May 1, 2017
9 min read
The future of the diesel engine is up in the air due to concerns over nitrogen oxide emissions, the touting of fuel cells and the availability of liquefied natural gas.
By Peter Hatges, Managing Director, KPMG Corporate Finance Inc. and National Sector Leader, KPMG in Canada | May 1, 2017
5 min read
Now that Canada’s highest court has established a major legal barrier for employers wanting to test workers in safety sensitive positions for drug and alcohol impairment, lawyers suggest that fleet managers would need significant evidence of a workplace problem before bringing in random testing
By Greg Meckbach, Associate Editor | May 1, 2017
7 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
