Risk
HKMB International Insurance Brokers, a privately held commercial insurance broker, has entered into an agreement to acquire the Toronto and Vancouver operations of Morris & Mackenzie Inc.HKMB hopes to integrate both offices into its own during 2007 Q1.”The acquisition of Morris & Mackenzie’s Toronto office builds on our well-established foundation with that market,” said HKMB […]
By Canadian Underwriter | December 6, 2006
1 min read
[EDITOR’S NOTE: Please note that the following news brief about Binks Insurance Brokers of Ottawa contains information that has been clarified after a previous posting. The editor regrets any confusion the initial posting may have caused.] Binks Insurance Brokers of Ottawa and Globalex of Montreal have announced a joint venture agreement to provide specialty insurance […]
By Canadian Underwriter | December 5, 2006
2 min read
Fresh on the heels of a government-directed, 13.5% auto insurance rate decrease in New Brunswick, opposition MLAs in Nova Scotia are calling on the government in Nova Scotia to lower the province’s auto insurance rates, according to The Daily News in Halifax.The newly-elected New Brunswick government of Premier Shawn Graham negotiated the rate decrease with […]
Wawanesa Insurance plans to abide by an agreement between insurers and the government of New Brunswick to reduce auto rates in the province by an average of 13.5%.But the province’s largest auto insurance writer said it was “concerned” about the deal’s long-term implications, given that auto rates were already falling in the province.”Wawanesa Insurance will […]
By Canadian Underwriter | December 4, 2006
The government of New Brunswick has come to an agreement with the province’s insurance industry that will see premiums drop an average of 13.5% by Mar. 1, 2007.As promised in Premier Shawn Graham’s Charter for Change, the plan involves eliminating gender and geographic areas as rating criteria.”We will implement a process that will allow for […]
Canada's insurance industry benefited from a relatively mild storm season in 2006. Nevertheless, primary insurers are keeping their hands steady on the wheel of underwriting discipline. Otherwise, they say, 2007-08 might be the dawn of new rate increases.
November 30, 2006
15 min read
The risks of product liability can be unexpected - particularly when something as benign as carrot juice or spinach can cause illness or death and require massive product recalls.
By Craig Harris | November 30, 2006
10 min read
Like it or not, insurers are part of the health care business when it comes to auto-related injuries
By Gordon Rasbach, Vice President, Healthcare Services, Aviva Canada | November 30, 2006
6 min read
The ARC Group Canada Inc. is a new national network of insurance lawyers
By David Gambrill | November 30, 2006
New technologies are in development that will allow homeowners, insurers, brokers and vendors to tackle the chronic problem of underinsurance
5 min read
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