Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Orders Speed Limits on Trains After Canadian Pacific Railway Fire
Feb 7 2020 // OTTAWA/WINNIPEG, Manitoba – Canada said on Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway Ltd. crude oil train derailed and caught fire. The...
Aon Acquires Canadian Cyber Security Firm Cytelligence
Feb 4 2020 // Insurance broker Aon reported it has acquired Cytelligence Inc., a Canadian-based cyber security firm that provides incident response advisory, digital forensic expertise, security consulting services and cyber security...
Global Cannabis Revenue Pushed by Sales Doubling in Some U.S. States
Jan 16 2020 // The green rush in the global cannabis market continued in 2019, with sales doubling in seven U.S. states as well as Canada, and you can expect that trend to continue this year, a report out on Thursday shows. The report...
Hub International Acquires Canada’s RHC Insurance Brokers
Jan 10 2020 // Chicago-based broker Hub International Ltd. announced it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. Terms of the transaction were not disclosed. Headquartered in Nelson, British...
Starr Insurance Names Swiss Re’s O’Ryan as Canadian Manager, General Aviation
Jan 8 2020 // Starr Insurance Cos. has appointed Paul O’Ryan as Canadian territory manager, general aviation, effective Jan. 6. O’Ryan joins Starr from Swiss Re where he was head of General Aviation Americas in Toronto for...
Nexus Specialty to Offer Admitted Trade Credit Products through Crum & Forster
Jan 7 2020 // Nexus Specialty Inc., part of MGA Nexus Group, has formed a new program agreement with Crum & Forster that allows Nexus to underwrite their trade credit products on a fully admitted basis in the U.S. Nexus Specialty...
NFP Makes Canadian Leadership Changes, Including Promotion of Padovani as President
Jan 3 2020 // NFP, the New York City-based insurance broker and consultant, announced leadership changes throughout Canada to support its growth in the region. Greg Padovani will serve as president of NFP in Canada. He joined NFP in...
Canada Pension Fund OMERS to Buy Stake in Fairfax Run-off Unit, RiverStone UK
Dec 20 2019 // Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario’s municipal employees, announced they have entered into an agreement where OMERS will acquire a 40% interest in Fairfax’s UK run-off...
Canadian Lab Test Firm, LifeLabs, Pays Ransom After Data Breach
Dec 20 2019 // Lab test provider LifeLabs said Tuesday that it paid a ransom to secure data for Canadians that was stolen in a data breach in late October. Hackers also obtained personal information of an unknown number of the...
Oregon Jury Awards Canadian Couple $9M Verdict in Bike Wreck
Dec 19 2019 // A jury has awarded more than $9 million in damages to a man and woman from Vancouver, British Columbia, who were struck by an 18-wheeler truck while riding their bikes along Interstate 84 in the Columbia River Gorge in...
Industry Balks at Trump Rule to Let States Import Drugs from Canada
Dec 19 2019 // The Trump administration on Wednesday said it is proposing a rule to allow states to import prescription drugs from Canada, advancing a plan announced in July that the president has said will bring cheaper prescription...
Arthur J. Gallagher & Co. Acquires Canada’s SBW Employee Benefits
Dec 18 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Halifax, Nova Scotia-based Sinclair Billard and Weld Ltd., and CJM Solutions + Inc., which do business under the name of...
Insurtech, Data Help Canadian Farmers Cut Lending, Insurance Costs
Dec 12 2019 // Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs. Collecting...
Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers
Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...
Canadian Regulators Approve Genworth Sale of Stake to Brookfield
Dec 9 2019 // Canadian regulators have approved the sale of Genworth Financial Inc.’s majority stake in its Canadian unit to asset manager Brookfield Business Partners, the companies said on Monday. Genworth said in October that...
Gallagher Names Partington CEO of Canadian Brokerage Operations
Dec 6 2019 // Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth...
Berkshire Hathaway Specialty Taps AIG’s Adams as Head of Surety, Canada
Dec 5 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada. In this new role, Adams will establish and expand BHSI’s...
Canada’s Westland Insurance Appoints Fraser as Chief People Officer
Dec 3 2019 // Canadian insurance broker Westland Insurance Group Ltd. has appointed Keri Fraser as its chief people officer (CPO), effective Nov. 12, 2019. Fraser joins Westland from Colliers, where she was vice president Human...
HUB Names Virdi as Chief Cannabis Insurance Sales Officer
Nov 13 2019 // Insurance broker HUB International recently named Jay Virdi as its chief sales officer for its cannabis insurance and risk services in the U.S. and Canada. As chief sales officer, Virdi will focus on further developing...
Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp.
Nov 8 2019 // Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp. Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp. is an...
