Assurex acquires B.C. brokerage

Ohio, U.S.-based commercial brokerage group Assurex International has acquired risk management specialist CMW Insurance Services Ltd. located in Burnaby, British Columbia. Details of the transaction were not made public. CMW Insurance specializes in the risk areas of construction, property development, manufacturing, aviation, hospitality, high-tech and the retail industry. Its services include employee benefits, financial management, […]

By Canadian Underwriter | June 11, 2001 | Last updated on October 2, 2024
1 min read

Ohio, U.S.-based commercial brokerage group Assurex International has acquired risk management specialist CMW Insurance Services Ltd. located in Burnaby, British Columbia. Details of the transaction were not made public. CMW Insurance specializes in the risk areas of construction, property development, manufacturing, aviation, hospitality, high-tech and the retail industry. Its services include employee benefits, financial management, and property and casualty insurance. The firm has 27 employees.

Canadian Underwriter

Yukon gets $45M to prevent Whitehorse-area landslides, more money for flood recovery

Risk

Yukon gets $45M to prevent Whitehorse-area landslides, more money for flood recovery

The federal government is contributing $45 million to help prevent landslides along the Whitehorse Escarpment with the aim to protect the land under Whitehorse International Airport and its access road to the Yukon’s capital. The escarpment has been plagued by landslides in the last several years, prompting the construction of a protective barrier along the […]

By Jason Contant | May 7, 2024

1 min read

Regulator defends use of territories for rating auto insurance

Risk

Regulator defends use of territories for rating auto insurance

Ontario’s auto insurance regulator is allowing insurers to explore different ways to rate for territories other than the standard — and rigid — postal code method, but the regulator won’t be banning territorial rates, the regulator’s top exec confirmed Monday. Mark White, CEO of Ontario’s Financial Services Regulatory Authority (FSRA), addressed a question about the […]

By David Gambrill | March 4, 2024

3 min read

Earthquakes Canada receives hundreds of reports in B.C. after 4.9 magnitude quake

Risk

Earthquakes Canada receives hundreds of reports in B.C. after 4.9 magnitude quake

VICTORIA – Earthquakes Canada says a 4.9 magnitude earthquake was recorded Sunday afternoon and public reports poured in from hundreds of kilometres away from the event’s epicentre. John Cassidy, a seismologist with Natural Resources Canada, says people over a “very wide region” of the province have reported feeling the earthquake, which hit just before 3:30 […]

By Jason Contant | December 18, 2023

2 min read