News

Software Upgrade Saves Risk Managers Time

Boston-based AIR Worldwide Corp., the developer of widely-used risk modeling systems, has released updates to three of its programs.
Its latest version 10.0 includes a number …

Search Begins For Liability in Toronto Blast

The clean-up has begun at the site of Toronto’s massive propane explosion although a search for the parties that will be held liable …

Alberta Decides On Modest Auto Premium Hike

Alberta has settled on a rate increase for its mandatory automobile insurance.

Bad Weather Pulls ING Canada’s Earnings Down

ING Canada Inc., the country’s largest p&c insurance provider,  has reported a decline in its second-quarter profit. In a statement, the …

Volatile Markets Require Diligent Risk Mitigation

Elaborating on its prognosis for insurers and reinsurers earlier this year, Guy Carpenter & Company LLC affirms they’ll have to keep close tabs on risk …

New Background Checks Target Managers, Directors

Some insurers will be facing a new compliance regimen as a result of revised federal requirements. Earlier this year, the Office of the …

Insurers Wary Of ‘Green’ Building Policies

As the green movement gains popularity amongst consumers, insurers have yet to embrace it. It’s a new concept that has yet to …

Small Broker Survival Will Be Tested

Mergers and acquisitions within the brokerage sector constitute a trend that is prompting some industry watchers to forecast the near extinction …

Canada’s P&C Underwriting Loss A First Since 2002

Canada’s property and casualty insurance sector took an underwriting loss during the first fiscal quarter of 2008.
It’s the first loss for …

Survey Finds Companies Short On Liability Insurance

Companies are not purchasing enough liability insurance despite acknowledging losses to such risks as workplace crime or employment-related law suits, a …

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