Claims
A recent fire in Richmond, BC is likely a result of a marijuana grow-op. The incident sets precedence for the new pot grow-op bylaw, set to take effect July 1, requiring landlords to check their premises for grow-ops every three months. It also heightens the issues surrounding a recent Nova Scotia-based symposium hosted by policing […]
By Canadian Underwriter | June 20, 2005
1 min read
In a recent statement, Deputy Prime Minister Anne McLellan recently offered Rob Renner, Minister of Municipal Affairs, any assistance required to aid against the damage caused by relentless floods in Alberta. McLellan, Canada’s Minister of Public Safety and Emergency Preparedness, says a liaison officer from Public Safety and Emergency Preparedness Canada’s Alberta Regional Office is […]
2 min read
CORRECTION NOTICE: Royal & Sun Alliance Insurance Group Plc. is not calling for bids as was stated in the news release published on June 20, 2005. A Royal & Sun representative says the Company has no plans to call for bids on operations. A federal nuclear safety official representing the Canadian Nuclear Safety Commission says […]
Royal & Sun Alliance Insurance Group Plc. shares recently fell 0.6% – following a 70% decrease over the past five years – to close at 83 pence in London, valuing the insurer at 2.4 billion pounds (US$4.4 billion). These results follow U.K.-based investment company Corvus Capital Inc.’s recent decision to opt out of its plans […]
By Canadian Underwriter | June 17, 2005
Integro USA an insurance brokerage firm offering brokerage and risk management services recently appointed John Chippindale as the new managing director and president of Integro Canada. Chippindale is another ex-Marsh Canada employee the New York-based firm has recruited to its team. Most recently, Chippindale served for two years CEO of Global Consumer and Commercial Business […]
By Canadian Underwriter | June 15, 2005
An international treaty has recently been developed to protect the Antarctic environment and under this pact, anyone who causes an environmental accident in the region will be held liable, according to the government of New Zealand the country chaired negotiations surrounding the international treaty. “The treaty requires anyone who causes an environmental accident in Antarctica […]
Environment Canada recently issued two tornado warnings for southwestern Ontario due to a report from a Ontario Provincial Police officer referencing a tornado touching down northeast of Fergus, Ontario and further reports that a tornado touched down in Elmvale.A funnel cloud also emerged around Bracebridge, but it has not touched down, according to Environment Canada […]
Flood registration centers recently opened to assist Albertans who have been impacted by recent flooding. Claims can be made at any registration center call 1-888-671-1111 for more information on the claims process. The $55 million disaster recovery program covers damage for homeowners, tenants and small businesses in cases where insurance is not readily and easily […]
The Ontario government has passed a law mandating that companies found polluting the environment will be fined on the spot.Under Bill 133, government inspectors are now awarded the power to fine companies up to $100,000 a day and individual employees $20,000 a day, for toxic spills accidental or not.The necessary regulations are set to be […]
By Canadian Underwriter | June 13, 2005
FGIC Corp. recently appointed Eric Rosensweig to the position of managing director, international finance. Offering seven years of experience with MBIA, Rosensweig will be responsible for new business opportunities in the emerging markets and Canada. Most recently, he served as managing director, global corporate structured finance where he managed future flow and corporate products, as […]
By Canadian Underwriter | June 10, 2005
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