Industry
Willis Group Holdings plc had a 12% increase in fourth-quarter net income while organic commissions and fees in North America dropped 4.9% year over year, the London-based commercial insurance brokerage and risk management firm reported Tuesday. In a filing with the United States Securities and Exchange Commission, Willis reported revenue of $958 million during the […]
By Canadian Underwriter | February 11, 2015
2 min read
Two people are in isolation at a London, Ont. hospital as a precaution in case they have Ebola, published reports indicate. The London Free Press reported that a mother and a child – who came to Canada from Guinea – were brought to London’s Victoria Hospital Tuesday night from the Kitchener-Waterloo area. The CBC […]
1 min read
More than 50% of consumers surveyed in North America said cost or terms were a top reason for closing their home or auto insurance policies, Ernst & Young (EY) Global Ltd. suggested in a recent report. EY released the findings of its global consumer insurance survey and broke them down by region. In the survey, […]
SANAA, Yemen – The United States, Britain and France said Wednesday they were closing their embassies in Yemen amid the turmoil in the wake of the Shiite rebels’ takeover of the country. The closures – almost four years to the date since the start of an Arab Spring uprising that ousted Yemen’s longtime autocratic ruler […]
4 min read
LONGUEUIL, Que. – Two people suffered minor injuries after a pedestrian walkway partially collapsed on to a busy highway late Tuesday, south of Montreal. Fire department officials in Longueuil, Que., said a portion of the walkway collapsed on to Highway 132, not far from the exit for Roland-Therrien Boulevard. The walkway appears to have come […]
Intact Financial Corporation (IFC) is expanding its direct operations in Western Canada – thereby extending the insurer’s direct-to-consumer operations from coast to coast – with the announcement Tuesday evening that it has acquired Canadian Direct Insurance Inc. (CDI). IFC reports in a statement that it has entered into a definitive agreement with Canadian Western Bank […]
By Canadian Underwriter | February 10, 2015
HOUSTON – An autopsy has found that a metal disc from a defective air bag sliced into a Texas man’s neck and killed him after a low-speed car accident last month near Houston. The Harris County Institute of Forensic Sciences concluded that Carlos Solis had suffered no other serious injuries, and his death was accidental. […]
Canada’s first Wildfire Community Preparedness Day is scheduled May 2, and communities “are encouraged to participate in local mitigation projects,” The Co-operators Group Ltd. announced Monday. FireSmart Canada – administered by Partners in Protection – announced the launch in collaboration with the Institute for Catastrophic Loss Reduction (ICLR), the National Fire Protection Association and The […]
Cunningham Lindsey Group Ltd. announced Monday its new president and chief client officer for the Americas is David Repinski (pictured), who has returned to the Tampa, Fla.-based loss adjusting and claims management firm after working for Crawford & Company. At Crawford & Company, Repinski was chief executive officer of U.S. property & casualty. Before joining […]
Executives for organizations surveyed “continue to have significant anxiety” about regulatory risk, while most see reliance on technology as a “significant risk threat,” suggests a report announced Monday by Protiviti Inc. and the enterprise risk management (ERM) initiative at North Carolina State University. The report, Executive Perspectives on Top Risks for 2015, was based on […]
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