Auto
Hub International Limited (NYSE/TSX: HBG) through its San Diego office of the company’s California-based regional hub, Hub International Limited of California, has implemented the fold-in acquisition of the transportation speciality agency Kline Transportation Insurance, Inc. Terms of the acquisition were not disclosed. “Rick Kline and his team have built a strong reputation and client base […]
By Canadian Underwriter | August 2, 2005
1 min read
Industry
An Ontario police safety campaign “the good, the bad, and the rusty” resulted in Ontario police officers writing approximately 1,000 speeding tickets, more than 50 seatbelt-violation citations and revoking keys from 21 impaired drivers. Police also removed license plates from more than 150 vehicles that failed safety inspections by the end of the August 1 […]
2 min read
Risk
The continuing flux posed by a stubborn soft market presents a puzzle that by now, risk managers have "solved" by predicting appropriate purchasing practices. But, playing with puzzles is put to the test as risk managers pick up the pieces of an industry fragmented by scandal. The picture perfect result is Enterprise Risk Management, a tool for the times.
July 31, 2005
9 min read
Risk managers are embarking upon a new, evolved level of operation - one which necessitates insight, advice and answers from the various perspectives and visions of broker and insurer alike. In order to succeed in this new area of strategic, corporate risks, communication and a broadened scope of the corporate insurance world at large are key. "Perspective 2005" is designed to embrace the newfound approaches to risk management such as enterprise risk management, while maintaining an equilibrium by dealing with issues at hand and visiting tried and true issues such as claims and crisis control.
7 min read
Some countries, such as the U.S. and Australia, have made headway on reforming tort systems that many perceive to be unfair, costly and inefficient. Joint and several liability, compensatory damages, collateral sources and vicarious liability have specifically been targeted for change. Has the time come for amendments to Canada's legal rules?
By Craig Harris | July 31, 2005
10 min read
Mother nature knows no bounds, no human force can control her electric character. Her lightning personality can strike anything, anywhere, anytime. And so it reasonably stands, "everyone complains about the weather, but no one does anything about it." However, in the world of business it is possible to commandeer calamity by controlling your company's globalization, outsourcing, plant consolidations, delivery, and cross-border supply relationships. But are you effectively managing the resulting negative effects, the new risks, that accompany increased productivity and efficiency?
By Perry Brazeau, senior vice president, Canada division manager, FM Global | July 31, 2005
5 min read
In March 2004 al-Qaeda released the seventh issue in a series of articles for “members” and other jihadis around the world entitled “The Targets Inside the Cities.” From its pages jump a basic explanation as to why cities are good targets, a prioritized list of targets (religious, economic and human) and a detailed compendium of […]
By Craig A. Rowe, president, Canadian Risk Intervention Inc | July 31, 2005
4 min read
The segmentation of products and markets has been quietly evolving in the insurance business over the past 30 years. Catalysts for change toward an increasingly segmented industry structure include competition, expense control and the specialization of business. As a direct result niche product markets were born, evolving into three unique categories - ancillary, affinity and surplus line products.
By Doug McIntyre, CEO, and Mark Sylvia, executive vice president, Echelon General Insurance Company | July 31, 2005
6 min read
Greater environmental awareness, tighter regulatory standards and pressure from banks and lending institutions on real estate transactions mean that risk managers and homeowners must pay close attention to oil spills, contamination and proper remediation. The alternatives can be financially disastrous.
By Bert Wood, president, ESRS | July 31, 2005
Deep within the depths of the criminal mind lurks the premise behind how and why a crime is committed. It is within the recesses of the risk manger's mind that the job of staying one-step ahead of such criminals is invoked.
By Rob Bickerton, underwriter, corporate risk, The Guarantee Company of North America | July 31, 2005
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.
