Industry
The Insurance Brokers Association of Canada (IBAC) announced Monday that Rodney Hancock, CEO of McFarlan Rowlands Insurance Brokers in London, Ontario, is the recipient of the inaugural Dale Rempel Award of Excellence. The award – in honour of Dale Rempel, IBAC’s highly regarded former president who passed away in 2012 – recognizes excellence in broker […]
By Canadian Underwriter | September 22, 2014
2 min read
There may be a larger number of data breaches attributable to employee errors, but those caused by malware or spyware are most expensive, note survey findings released by Beazley Insurances Services. Managing 5 Lloyd’s syndicates, Beazley is one of the largest insurers at Lloyd’s with operations in Europe, US, Asia & Australia. Beazley – which analyzed 1,500 […]
3 min read
ST. JOHN’S, N.L. – A judge in Newfoundland and Labrador has dismissed a class-action lawsuit that claimed the provincial government was negligent by failing to do enough to protect drivers from moose-vehicle collisions. Provincial Supreme Court Judge Robert Stack delivered his decision Friday, saying the provincial government was not liable for the collisions and implemented […]
By The Canadian Press | September 20, 2014
1 min read
WASHINGTON – The government will rewrite sweeping new food safety rules after farmers complained that earlier proposals could hurt business, the Food and Drug Administration said Friday. The FDA’s new proposals would allow farmers to meet water quality standards more easily and to harvest crops sooner after using raw manure as fertilizer. The FDA offered […]
By Canadian Underwriter | September 19, 2014
The House of Commons passed Thursday a bill that — if accepted by the Senate without amendments — would impose strict liability and compulsory pollution insurance on ship owners and also allow the federal government to indemnify airlines and other aviation firms against losses arising from acts such as terrorism, war and insurrection. Bill C-3, […]
4 min read
WINNIPEG — Companies should conduct annual training drills so employees know how to respond if a hostile person with a firearm enters the premises and starts shooting people, but lawyers “really do not have enough information yet” on the legal liability of property management organizations in such situations, two RIMS Canada conference speakers suggested this […]
By Canadian Underwriter | September 18, 2014
Allianz Global Corporate & Specialty (AGCS) is moving to strengthen its commercial property and casualty business in the United States by integrating the Fireman’s Fund commercial P&C business. The combined AGCS and Fireman’s Fund commercial P&C business is expected to total more than $3 billion in revenues, based on gross written premiums in 2013, notes […]
Regional Reporting Inc., a U.S.-based marine risk control and claims services firm, has announced the creation of a Canadian division, based out of Toronto. Captain Philip Vardon, Master Mariner, will act as manager of marine services for Canada. Vardon has more than 14 years of marine survey experience across Canada of project cargo, break bulk […]
By Canadian Underwriter | September 17, 2014
Manitoba Public Insurance has issued a warning for customers not to respond to a customer survey they may view in a pop-up window within their Internet browser. “This is an adware-generated survey and has no association with our company,” MaryAnn Kempe, vice president of business development, communications and chief product officer at Manitoba Public Insurance […]
The RIMS Ontario Chapter has presented the Donald M. Stuart Award to Anne Chalmers, vice president of risk and security for Teck Resources, RIMS announced Wednesday. In her role at Teck Resources, Canada’s largest diversified mining, mineral processing and metallurgical company, Chalmers leads Teck’s Risk Group, a team responsible for its global risk management program. […]
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