Rating agencies affirm strength of global insurer
An insurer employing more than 3,500 worldwide received a vote of confidence from two rating agencies yesterday, reaffirming that company’s financial strength.
Boating claim season is officially here
A delayed boating season has pushed back the typical stream of claims that is associated with marine insurance – but there are still some valuable lessons learned and relearned so far this year, says the national broker for Sail Canada.
Gallagher takeover has one broker smiling
The Arthur J. Gallagher takeover of Noraxis Capital Corp. is already having a trickledown effect for one Toronto broker, who has seen a new market open up for him an ocean away.
That makes 12 takeovers for the year
Hub International continues to gobble up insurance agencies, swallowing up yet another insurer.
Input sought on proposed pollution liability forms
The Centre for Study of Insurance Operations is telling brokers ‘we want YOU,’ or at least your opinion on draft versions of two pollution liability insurance application forms.
The Weekly Wrap
Swimming Canada has new partnership with insurer; AIA classes begin in new Calgary location; and American P&C underwriters experience something new - a profit.
Report reveals 7 aggregations of cyber risk
Data breaches affect more than compromised records. According to a Zurich report, these 7 risks are largely unseen and just as dangerous.
Catastrophic loss reduction workshop coming to Toronto
Earthquakes on the B.C. coast, tornadoes sweeping through the U.S. Midwest and torrential rains pounding Ontario – the timing for a workshop on catastrophic loss couldn’t be better.
Ferry captain’s actions contrary to insurance requirements: expert
Why a captain would leave the ship before ensuring the safety of the passengers is not only unfathomable, but goes against the terms of insurance requirements, says one veteran marine claims surveyor.
Vancouver MGA acquires west coast underwriter
A British Columbia managing general agency that got its start insuring houseboats on Shuswap Lake strengthened its presence in Vancouver market, acquiring another MGA.