Commercial

Wood tower at the University of British Columbia a game changer for construction

VANCOUVER – A student residence under construction at the University of British Columbia could set a new precedent for wooden towers in Canada. The 18-storey Brock Commons is intended to show developers and the public that wood can be as effective as steel or concrete, better for the environment and support the country’s forestry industry. […]

By Jason Contant | June 17, 2016

4 min read

Toronto brokerage RRJ Insurance Group purchases Topping Insurance Brokers; office will remain in Peterborough

Toronto-based RRJ Insurance Group Ltd. has announced the purchase of Peterborough, Ont.-based Topping Insurance Brokers Ltd. The RRJ Insurance Group said in a press release issued on Thursday that the purchase was effective May 2. The office is located at 169 Aylmer Street North in Peterborough, and will operate under Topping Insurance Brokers, A Division […]

By Canadian Underwriter | May 12, 2016

1 min read

Private transportation companies would need $7 million of insurance under Toronto City Council recommendations

Private transportation companies (PTCs) in Toronto would be required to carry a minimum of $2 million of collision and passenger hazard insurance, in addition to $5 million of commercial general liability insurance under proposed recommendations from Toronto City Council. Currently, only taxicabs and limousines in the city are required to carry a minimum of $2 […]

By Canadian Underwriter | April 7, 2016

2 min read

U.S. Justice Dept. announces charges in dam cyberattack

WASHINGTON – Seven hackers tied to the Iranian government were charged Thursday in a series of punishing cyberattacks on a small dam outside New York City and on dozens of banks – intrusions that reached into American infrastructure and disrupted the financial system, U.S. law enforcement officials said. The hackers were charged in indictments unsealed […]

By Canadian Underwriter | March 24, 2016

2 min read