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Litigiousness a growing drag on M&A costs in the U.S., Chubb study reveals | Canadian Insurance

James Bennett's insight:

Litigation for Mergers and Acquisitions is growing. Talk to your Trisura Underwriter about D&O Insurance Solutions and how they can help.

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Bank of Canada raises rates to 1.5%, highest since 2009 - Article

Bank of Canada Governor Stephen Poloz brushed aside concerns about trade wars and pressed ahead with a fresh interest rate increase as inflation hovers at its highest in seven years.
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Looking to grow your E&O? Consider emerging classes of consultants

Looking to grow your E&O? Consider emerging classes of consultants | Industry News Blog | Scoop.it
Professional consultants in 3 areas of opportunity can help brokers grow their E&O portfolios, including tech, health care, and the environment.
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NDP government commits to west leg of ring road

NDP government commits to west leg of ring road | Industry News Blog | Scoop.it
The NDP government is putting a ring on it.Premier Rachel Notley and Transportation Minister Brian Mason officially announced Thursday that construction on the west and final leg of Calgary’s ring road will begin next year, with a fully completed 101-kilometre ring road system slated to be i
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Trans Mountain outlines its construction plans for the next six months in Alberta, B.C.

Trans Mountain outlines its construction plans for the next six months in Alberta, B.C. | Industry News Blog | Scoop.it
The company says work has been underway since last fall at the Westridge Marine Terminal in Burnaby, B.C., and will continue along with additional work in the Lower Mainland
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SASK Electrical Contractor Bond Increased to $10k

SASK Electrical Contractor Bond Increased to $10k | Industry News Blog | Scoop.it
Select and complete the license that applies to you as an electrician, electrical contractor or employer.
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A sudden death sends a couple on a journey to crack the case of the unexplained keys

A sudden death sends a couple on a journey to crack the case of the unexplained keys | Industry News Blog | Scoop.it
My mother-in-law passed away recently. It was sudden and unexpected. We had taken her shopping for her monthly grocery haul two days prior, and I had been feeling guilty about not having the chance…
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U.S. to hit Canada with steel, aluminum tariffs at midnight, setting stage for trade war

U.S. to hit Canada with steel, aluminum tariffs at midnight, setting stage for trade war | Industry News Blog | Scoop.it
WASHINGTON — The Trump administration is making good on its threat to slap Canada with hefty steel and aluminum tariffs, setting the stage for a possible trade war and leaving Prime Minister Justin Trudeau in the middle of a very divided group of leaders at next week’s G7 summit.
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Construction Executive

Construction Executive | Industry News Blog | Scoop.it
The cost of a surety bond is an integral aspect of the cash flow of a construction business, no matter how large or small. Contractors should understand how bond pricing works and its link to personal credit history.
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That Gorgeous Toronto Condo You Signed Up For? They Just Scrapped It - Bloomberg

That Gorgeous Toronto Condo You Signed Up For? They Just Scrapped It - Bloomberg | Industry News Blog | Scoop.it
Builders in Toronto’s frenzied condo market are walking away from giant towers they have pre-sold, reflecting a rougher road to profits -- and leaving buyers in the lurch.
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Calgary school board struggles with $1 billion maintenance bill

Calgary school board struggles with $1 billion maintenance bill | Industry News Blog | Scoop.it
With deferred maintenance costs now at $1 billion in public schools, parents say Calgary students are facing increasingly challenging environments, from eating lunch on old, dirty floors, bundling up in classes with leaking windows, or avoiding unsanitary washrooms in disrepair.
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[Bulletin] Important New Rules for Mandatory Privacy Breach Notification, Reporting and Record Keeping in Canada

[Bulletin] Important New Rules for Mandatory Privacy Breach Notification, Reporting and Record Keeping in Canada | Industry News Blog | Scoop.it
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Does Your Business Need Media Liability Insurance?

Does Your Business Need Media Liability Insurance? | Industry News Blog | Scoop.it
Media liability coverage is a type of errors and omissions insurance purchased by businesses that create or distribute content.
James Bennett's insight:

If your clients create, produce or market content they likely need more than a CGL. Speak with a Trisura Underwriter today about coverage options tailored to fit your specific needs!

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The Government of Canada Invests in Transportation Infrastructure on Highways 6 and 39 in Saskatchewan

The Government of Canada Invests in Transportation Infrastructure on Highways 6 and 39 in Saskatchewan | Industry News Blog | Scoop.it
SHCA
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Development approvals reform termed urgent by RESCON - constructconnect.com

Development approvals reform termed urgent by RESCON - constructconnect.com | Industry News Blog | Scoop.it
A new report on the development approvals process in Ontario urges governments, regulators and developers to move quickly to adopt specific reforms to streamline the system in order to get more housing into the marketplace more quickly.
The need for sign
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Gordie Howe bridge consortium brings wealth of experience, says WDBA chair - constructconnect.com

Gordie Howe bridge consortium brings wealth of experience, says WDBA chair - constructconnect.com | Industry News Blog | Scoop.it
The Windsor-Detroit Bridge Authority (WDBA) has picked a consortium with plenty of Canadian and U.S. bridge design experience to be the contractor of record for the new Gordie Howe International Bridge.
Bridging North America, formed expressly for the in
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NE ring road subcontractors sued over road’s condition

NE ring road subcontractors sued over road’s condition | Industry News Blog | Scoop.it
Shoddy construction has resulted in the northeast section of Calgary’s ring road deteriorating more quickly than it should, an $18-million lawsuit claims.Stoney Trail General Partnership (STG…
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Constructors working full out, StatsCan says

Constructors working full out, StatsCan says | Industry News Blog | Scoop.it
The construction sector is operating at full throttle in most parts of the country, a recent Statistics Canada report on industrial capacity utilization rates has shown, with a rating of 92.4 per cent, continuing a trend of growth and marking the highest
Ryan McKay's insight:

Construction sector is the busiest its been since 1990.

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$400K vanishes from public service union's coffers | CBC News

$400K vanishes from public service union's coffers | CBC News | Industry News Blog | Scoop.it
A union representing public service professionals across Canada, including economists, statisticians and civilian employees of the RCMP, is trying to figure out how $400,000 was apparently siphoned from its bank accounts over the course of nearly a decade.
James Bennett's insight:

An eye opening example of how employee fraud can occur, undetected, for many years and the large amount of funds that can go missing.  As well the negative fallout of not purchasing adequate insurance to cover these losses can be devastating.

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Ottawa blocks Chinese takeover of Aecon on security grounds

Ottawa blocks Chinese takeover of Aecon on security grounds | Industry News Blog | Scoop.it
China's ambassador to Canada has said Canada is being too 'sensitive' about Chinese capital flows into Canada, and likened the national security review to 'looney' behaviour
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Hackers shaking down businesses after seizing control of computers, warns N.S. expert | CBC News

Hackers shaking down businesses after seizing control of computers, warns N.S. expert | CBC News | Industry News Blog | Scoop.it
It's time to look beyond the controversy surrounding recent Nova Scotia government security breaches and start preventing issues before they happen, says the organizer of Atlantic Canada's largest information security conference.
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Toronto condo projects teeter on collapse amid rising costs

Toronto condo projects teeter on collapse amid rising costs | Industry News Blog | Scoop.it
Condo builders and buyers grapple with rising costs
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City report projects $5.7 billion 10-year infrastructure spending gap

City report projects $5.7 billion 10-year infrastructure spending gap | Industry News Blog | Scoop.it
Nearly $5.7 billion of infrastructure needs for the next 10 years remain unfunded, according to City of Calgary projections, and some councillors are wondering whether a potential Olympic bid could pile onto that shortfall or help alleviate it.
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Ex-Employee at Meridian Nursing Home Accused of Theft | Mississippi News | US News

Ex-Employee at Meridian Nursing Home Accused of Theft | Mississippi News | US News | Industry News Blog | Scoop.it
JACKSON, Miss. (AP) — A former office manager at a Meridian nursing home has been indicted for allegedly stealing money from residents and the facility.
James Bennett's insight:

Employee theft occurs in a variety of industries, including nursing homes.
Talk to your Trisura underwriter about how Fidelity insurance can help protect your business.

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