Shareholder activism: An emerging risk for D&O insurers

Last year was “a banner year” for shareholder activism, with at least 47 Canadian companies targetted by activists in 2023, “well in excess of even pre-pandemic levels of activity,” Davies law firm notes. Directors’ and officers’ insurance underwriters will no…The post Shareholder activism: An emerging risk for D&O insurers appeared first on Canadian Underwriter.

Ticketmaster says data security incident may affect users’ personal details

Thousands of Ticketmaster users may have had their data compromised in a security breach. Ticketmaster says it discovered unauthorized activity on an isolated cloud database hosted by a third-party data services provider between April 2 and May 18. The company…The post Ticketmaster says data security incident may affect users’ personal details appeared first on Canadian Underwriter.

Canada’s insurance industry braces for Beryl

Claims adjusters are on standby as remnants of Hurricane Beryl bring heavy rainfall and flood conditions through parts of Ontario and Quebec.  Beryl is expected to hit Southern Ontario with 20 mm to 40 mm of rainfall per hour, beginning…The post Canada’s insurance industry braces for Beryl appeared first on Canadian Underwriter.

DKI – Rocky Cross Construction (North) Under New Ownership

CALGARY, AB, JULY 9, 2024/insPRESS/ – DKI Canada is excited to announce a change in ownership for our Calgary Member DKI – RCCN. Effective immediately, Lory Perizzolo will assume the role of President and CEO. This change follows the successful acquisition…The post DKI – Rocky Cross Construction (North) Under New Ownership appeared first on Canadian Underwriter.