Industry
Staying Alive, an organization dedicated to teaching fire safety to children, has launched a new educational tool in Edmonton called a ‘Public Service Announcement (PSA).’The launch of the PSA coincides with National Fire Safety Week, held from Oct. 8-14.The bilingual, 30-second PSA was launched on Oct. 6 at Michael A. Kosteck School in Edmonton, where […]
By Canadian Underwriter | October 6, 2006
2 min read
The composite rate for the commercial property and casualty market dropped 8% compared with the same period last year, according to a report published by Dallas-based MarketScout.The Commercial P&C industry continued its trend toward softening as indicated by the report that says there were no increases in the average rates for any of the commercial […]
1 min read
Aside from service, social responsibility and management are the factors which make trusted, individual insurance companies stand out from the industry as a whole, according to a new Ipsos survey of insurance company reputations.”We found that the best performers are both market leaders and smaller companies that occupy a niche,” Nicolas Boyon, a senior vice […]
By Canadian Underwriter | October 5, 2006
ING Insurance has launched a new insurance product that will provide consumers with financial and legal support against identity theft. Victims of identity theft who have suffered losses due to the fraudulent obtainment and use of their credit card, social insurance number, driver’s license or other personal information will received protection and support from ING’s […]
By Canadian Underwriter | October 4, 2006
American International Group (AIG) Global Marine, a division of AIG Inc.’s P&C insurance subsidiaries, has purchased Arch Insurance Co.’s U.S. ocean marine business.Under the agreement, which is effective immediately, AIG’s marine unit will service Arch’s U.S. marine portfolio.Richard Decker, president of AIG Global Marine, says the Company is looking forward to adding the Arch U.S. […]
Markel 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 to this is Markel EZEndorse,” Wright says. The Web-based tool helps all brokers, even those […]
Almost half of corporate Canada has faced disasters including power outage or IT failure but almost 75% rely on an “unofficial” business continuity plan, according to a recent report conducted by Leger Marketing for hosted services company Fusepoint Managed Services.The report says 50% of surveyed companies that have a disaster recovery plan would qualify it […]
By Canadian Underwriter | October 2, 2006
Profco Insurance & Financial Services Ltd., a Canadian based online travel insurance portal, recently partnered with travel-related global emergency services provider Travel Assist Network.Profco has begun offering the Air Rescue Card, and other online travel insurance products, to Canadian corporate and leisure travelers.The Air Rescue Card was launched by Travel Assist Network as a membership […]
Bank Act Review, 2005-07
By David Gambrill | September 30, 2006
11 min read
Incoming IBAO president Steven Wagler wants brokers to discuss brokerage succession and the preservation of independence
6 min read
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