What’s New: In Brief (February 22, 2008)

The Insurance Corporation of British Columbia (ICBC) invested roughly Cdn$8.9 million in funding for safety improvements to roads in B.C. as part of its Road Improvement Program.The program works in partnership with municipalities and the provincial government to make roads safer. “Road improvements are recognized worldwide as one of the most effective ways to improve safety for drivers and pedestrians,” John Les, B.C.’s minister of public safety and solicitor general, said in a release. “By making intersections and other high-crash locations safer, we are reducing crashes, preventing injuries and saving lives.”Projects earmarked for road improvement investments are assessed to ensure they make B.C. roads safer for all drivers. That translates into lower claims costs for ICBC and its customers, the company reports.

Willis Group Holdings has appointed Vic Krauze as its chief operating officer for the North Americas division, effective immediately, Previously, Krauze was regional executive officer and national partner for the central region. Tom Ealy, who was the COO, will be leading the company’s growing commercial and consumer segments for both Canada and the United States. “Vic has demonstrated exceptional ability in leading Willis North America’s Central Region, and his promotion is a testament to his success within the company,” Don Bailey, CEO of Willis North America, said in the release. “Vic will continue to drive our efficient operating platform to support growth in 2008.”