Claims
Allstate Insurance Company of Canada has donated $1,000 to the Association for Persons with Physical Disabilities (APPD) as part of its Trusted Community Partner Program. Allstate Insurance Company of Canada is extremely pleased to be able to make a donation to the APPD, Roland Balallo, an Allstate agent, said in a press release.As a volunteer […]
By Canadian Underwriter | September 7, 2007
2 min read
Home
Claude Dussault is retiring from his post as president and CEO of ING Canada effective January 1, 2008. He will assume the position of Chairman of the Company after being elected by the Board of ING Canada. Claude has been the main architect of our growth strategy. Under his tenure as CEO, the company has […]
Risk
The Co-operators has launched an insurance and risk management solution designed to address the challenges affecting the Alberta non-profit and volunteer industry. Community Guard, launched with the support of Volunteer Alberta, is a pilot project available to non-profit and volunteer-run organizations in Alberta. Community Guard offers insurance protection, as well as detailed assessments of each […]
By Canadian Underwriter | September 6, 2007
1 min read
The worlds largest businesses are not prepared for the effects of a looming water shortage, according to research sponsored by the newly-established Marsh Center for Risk Insights.Marsh Inc., a global insurance broker and risk advisor, formed the Marsh Center for Risk Insights as a working forum for experts to identify, debate and tackle critical global […]
Guy Carpenter & Company, LLC, a global risk and reinsurance specialist, has formed a specialized project team to identify a more scientific and practical approach to cargo accumulation modeling.The new team, comprised of experienced analysts from the firms Instrat unit, as well as brokers from its Marine and Energy Specialty department, has also published a […]
Women in Insurance Cancer Crusade (WICC) is calling on people in the industry to dust off their poodle skirts for its first fundraising event in the Golden Horseshoe on Sept. 27, 2007.Tie up your saddle shoes, bring out the pomade and become a Rebel Without a Cause against cancer. The event will be held at […]
In its annual review of the worldwide catastrophe insurance market, Guy Carpenter & Company, LLC researchers noted 2007 reinsurance rates decreased 2%, compared to a 32% increase in 2006.The hurricanes of 2005 had no obvious impact on Canadian markets, however, as many of the reinsurers operating in Canada are branches or subsidiaries of foreign reinsurers […]
By Canadian Underwriter | September 5, 2007
Industry
The Co-operators is preparing for significant expansion in the province of Quebec. Today, the co-operative financial services organization announced the appointment of Martin-Eric Tremblay as senior vice-president of Co-operators Group Ltd. and president, Quebec Operations, the company announced in a press release. He will be responsible for developing and implementing a Quebec growth strategy for […]
EQUECAT, Inc., a subsidiary of ABSG Consulting Inc. is warning that a category 5 storm with a track through the heart of the Gulf of Mexico U.S. offshore energy platforms could generate producer damage and loss of more than $65 billion [approximately Cdn$68.48 billion]. Property damage alone could exceed $35 billion [Cdn$37 billion] and losses […]
To help insurers and other organizations detect vehicle theft, CGI Group, Locator Technologies LLC and National Vehicle Service have announced the creation of a shared database of automobile information for cars in Canada, the US and Mexico, according to a release. The new service would identify potentially stolen or unsafe vehicles that have been transported […]
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