Industry
Great American’s professional liability division has expanded its Primary and Excess Errors and Omissions (E&O) coverage into Canada.
By David Gambrill | February 2, 2022
1 min read
TORONTO – A group of suspected thieves carjacked 28 high-end vehicles in north Toronto over several months and tried to ship them to destinations overseas, police said Tuesday as they announced seven arrests in the case. Insp. Richard Harris said an eight-month investigation that began last May revealed that the suspects used handguns, knives and […]
By Jason Contant | February 2, 2022
2 min read
Corporations are increasingly using standard form agreements to conduct business with suppliers. If your client is faced with one, watch out for the inclusion of an unlimited indemnity. A standard form agreement provides several benefits to the corporation that drafts it. First, management and the corporation’s lawyers predetermine what terms and level of risk the […]
By Phil | February 1, 2022
3 min read
Agile Underwriting Solutions announced that Guardian Risk Managers and Exhale Insurance will be rebranded under Agile, effective Feb. 1, 2022. Agile, based in Nova Scotia and owned by Westland Insurance, is an MGA that specializes in hard-to-place personal and commercial property coverage. Upon rebranding, brokers at Guardian Risk Managers and Exhale Insurance will receive access […]
By Alyssa DiSabatino | February 1, 2022
The highly transmissible Omicron variant has prompted companies in the manufacturing and resource sectors to downgrade their earnings forecasts amid ongoing uncertainty linked to the COVID-19 pandemic. Cascades Inc., the Quebec-based packaging and tissue company, said Monday it expects fourth-quarter results to fall below its already revised outlook after Omicron-related labour shortages and supply chain […]
By Jason Contant | February 1, 2022
At Lawrie Insurance Group, a senior commercial producer recently celebrated 15 years with the company. The employee launched his career after graduating from Mohawk College’s Insurance program and then benefited from Lawrie Group’s professional development opportunities. It’s a journey that Bob Lawrie, CEO of the full-service brokerage based in Hamilton, Ont., has proudly followed. But, […]
February 1, 2022
While auto insurance premiums across Ontario dropped an average of 3.8% last year from 2020, certain areas saw single- or double-digit increases, according to a recent report from rate aggregator Ratesdotca. The cities of Nobleton, Schomberg, Orangeville and King City, which tied for 10th place in the top ten most expensive cities in the province, […]
By Jason Contant | January 31, 2022
HALIFAX – A powerful winter storm swept across the Maritimes on Saturday, blanketing much of the region in heavy, blowing snow and causing road closures, power outages and widespread cancellations. Drivers were urged to avoid travel amid blizzard-like conditions, and many roads and highways – including the border between Nova Scotia and New Brunswick – […]
Digital auto and home insurance provider Onlia appointed Lambert Morvan as its new CEO and named Fleur Dujardin president effective Jan. 1, the company said. The two executives succeed Pieter Louter, who started the company. Louter is returning to Achmea in the Netherlands. “We are confident that we have the right leader in Lambert Morvan, together with Fleur, to drive […]
By Phil | January 28, 2022
Brokerage Wilson M. Beck Insurance Services (WMB) has officially opened the doors to a new specialty entity in Vancouver. Wilson M. Beck Insurance Services (Specialty) Inc., or WMB Specialty, will operate as a commercially-focused insurance brokerage as part of the Wilson M. Beck Group, WMB Specialty managing partner Victor Lange tells Canadian Underwriter in an […]
By Jason Contant | January 28, 2022
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