Author Archives: suretyAdmin

Ontario is Open for (Construction) Business The Construction Lien Act (the “Act”) has recently undergone changes as part of the Ontario government’s ‘Open for Business’ initiative. The Open for Business Act, 2010, S.O. 2010, c.16 (“Open for Business Act”), Bill … Continue reading →

So much attention is focused on risks that manifest during the construction phase of a project that we often lose sight of the risk issues that can  manifest post substantial completion. With the connection between design-build and operations inching closer … Continue reading →

A nifty video that Zurich Insurance just released. http://www.zurich.com/main/landingpages/gc/ipz/en-ca/index.htm

What is a Fiduciary? A Fiduciary is a person, bank or trust company appointed under the jurisdiction and supervision of a court, or an extension of the court to administer the property of another. What are the Duties of a … Continue reading →

Here are the results of the main surety writers in Canada for the period 2005 to 2009. This report is designed to provide insight on the sureties operating on a direct basis and is based on publicly available data for … Continue reading →

A Tale of two Provinces No Longer – Source: Canadian Underwriter: November 2010 Edition What a great article forecasting a change to the contractor’s CGL policy, as we know it! The Supreme Court of Canada formulates a national approach for … Continue reading →

Two new employees have joined the Western Surety team to continue building our service capacity. We want you to meet them. Mackenzie Osatiuk Mackenzie graduated from the University of Regina’s Paul J. Hill School of Business with a Bachelor of … Continue reading →

From the Desk of: Doug Hinkle, Chief Underwriting Officer, CNA Surety Successful contractors have been implementing business plans that were put into place before actually experiencing the current weak construction economy. One key point in those plans include budgeting expected … Continue reading →

From the Desk of David Hewett, Executive Vice President, Zurich North America Surety Even through difficult times, we continue to see good contractors perform well. Many of these firms have put in place systems and cultures that allow them to … Continue reading →