Industry
WINNIPEG — Companies should conduct annual training drills so employees know how to respond if a hostile person with a firearm enters the premises and starts shooting people, but lawyers “really do not have enough information yet” on the legal liability of property management organizations in such situations, two RIMS Canada conference speakers suggested this […]
By Canadian Underwriter | September 18, 2014
3 min read
Allianz Global Corporate & Specialty (AGCS) is moving to strengthen its commercial property and casualty business in the United States by integrating the Fireman’s Fund commercial P&C business. The combined AGCS and Fireman’s Fund commercial P&C business is expected to total more than $3 billion in revenues, based on gross written premiums in 2013, notes […]
2 min read
Regional Reporting Inc., a U.S.-based marine risk control and claims services firm, has announced the creation of a Canadian division, based out of Toronto. Captain Philip Vardon, Master Mariner, will act as manager of marine services for Canada. Vardon has more than 14 years of marine survey experience across Canada of project cargo, break bulk […]
By Canadian Underwriter | September 17, 2014
1 min read
Manitoba Public Insurance has issued a warning for customers not to respond to a customer survey they may view in a pop-up window within their Internet browser. “This is an adware-generated survey and has no association with our company,” MaryAnn Kempe, vice president of business development, communications and chief product officer at Manitoba Public Insurance […]
The RIMS Ontario Chapter has presented the Donald M. Stuart Award to Anne Chalmers, vice president of risk and security for Teck Resources, RIMS announced Wednesday. In her role at Teck Resources, Canada’s largest diversified mining, mineral processing and metallurgical company, Chalmers leads Teck’s Risk Group, a team responsible for its global risk management program. […]
The CIP Society has announced its three honourees for this year’s National Leadership Awards, a program that recognizes outstanding achievements in the insurance industry, established in 2009. The program also honours individuals who show a passion for lifelong learning, as well as dedication to their employer, profession and community. This year’s honourees in the “Established […]
LOS ANGELES – Computer-driven cars have been testing their skills on California roads for more than four years – but until now, the Department of Motor Vehicles wasn’t sure just how many were rolling around. That changed Tuesday, when the agency required self-driving cars to be registered and issued testing permits that let three companies […]
Hub International has selected Applied Systems’ Epic platform for its brokerage management, the companies announced Tuesday. “The commitment we made to consolidate onto Applied Epic is a natural step in our business transformation initiative by establishing a single view into our business with consistent reporting companywide,” Martin Hughes, chairman and chief executive officer of HUB […]
By Canadian Underwriter | September 16, 2014
PITTSBURGH – The final report from a landmark federal study on hydraulic fracturing, or fracking, found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in western Pennsylvania. The Department of Energy report, released Monday, was the first time an energy company allowed […]
Demand for liability insurance is set to increase and new risks and stronger economic growth will also lead to an increase in claims severity, according to a new sigma report from Swiss Re. Depsite low liability pricing, liability claims have been lower-than-expected since 2008, allowing insurers to increase their profitability, according to Swiss Re. Low […]
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