Risk

Knowing Your Stock Options

The potential pitfalls of backdating from Canadian and U.S. Perspectives

August 31, 2006

6 min read

Risk

New Weather Patterns

Will Canadian underwriters cash in on the expanding weather risk management market?

August 31, 2006

4 min read

Risk

Disaster Kleenup International (Canada) Ltd. enjoyed a fun-filled night of fantastic fireworks and good food on July 6 at the second annual Wind * Water * FireWORKS Toronto harbour boat cruise. Cruising the Toronto Harbourfront on the Captain Matthew Flinders, members and guests enjoyed drinks, dinner, dancing and the spectacular fireworks display presented annually by […]

August 31, 2006

4 min read

Risk

Moves (September 01, 2006)

Crawford Adjusters Canada welcomes John Taylor as vice president, human resources and training. Taylor began his career as an independent insurance adjuster at Crawford after graduating from Wilfrid Laurier University’s Bachelor of Business Administration program in 1986. He worked as an all-lines adjuster in the firm’s Guelph branch upon graduation and was appointed branch manager […]

August 31, 2006

5 min read

Driving without a license in Saskatchewan

Saskatchewan drivers who have had their licences suspended for the first time due to a Criminal Code conviction continue to drive without their licences or insurance, according to a study conducted by Synectics Transportation Consultants Inc. (Synectics). Saskatchewan Government Insurance (SGI) cooperated with Mothers Against Drunk Driving (MADD) Canada and Synectics in the study. “This […]

August 31, 2006

2 min read

Risk managers welcome new scholarship

The Spencer Educational Foundation, Inc. recently introduced a new scholarship fund totaling US$100,000. The Risk and Insurance Management Society, Inc. (RIMS)’s Atlanta Chapter donated the funds for the new scholarship, called the “RIMS Atlanta Chapter Scholarship.” RIMS says that all monies received from the RIMS Atlanta Chapter will be used to award undergraduate scholarships of […]

1 min read

Lockton purchases international insurance broker

Lockton, Inc. today announced has reached a definitive agreement to purchase Alexander Forbes International Risk Services, which is the international brokerage operation of Alexander Forbes Ltd., the world’s ninth largest insurance broker.The $170 million (GBP 90.2 million) transaction will make Lockton the largest independent,privately owned global insurance broker.The combined business will have more than $600 […]

1 min read

Average insurance premium steady in Q2

Commercial insurance premiums either remained flat or decreased slightly in the second quarter of this year compared to the prior year, according to the RIMS Benchmark Survey. In the second quarter, Directors and Officers (D&O) premiums dropped 3.5%, the largest decrease of any line of business tracked by the Survey. The study indicates that the […]

2 min read

ISO buys Xactware assets

ISO, a provider of risk management products, has acquired the assets of Xactware, Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries. Terms of the deal were not disclosed.ISO is a privately held company with more than 230 employees. It will continue to operate as a stand-alone entity […]

2 min read

Willis strengthens Canadian contingent

Willis Group Holdings (NYSE: WSH), the global insurance broker, continues to strengthen its presence in key geographic markets across North America with a senior appointment in its Canadian operations. The Company recently welcomed Calgary-based Cees van der Slikke as the new senior vice-president and natural resources practice leader for Willis Canada.Previously Canadian Energy Practice leader […]

1 min read