Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
New Endeavor Cyber Product Designed to Protect Manufacturers From Physical Damage
Apr 5 2018 // Delegated authority specialist and Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage program, Ensconce, designed to protect manufacturers from the risk of physical damage caused...
AIG Launches Travel Insurance on Demand App in Canada
Mar 28 2018 // Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their...
Markel Canada Appoints Crozier from Everest as President
Mar 27 2018 // Markel International, the specialist insurance subsidiary of Markel Corp., has appointed David A. Crozier to be president of Markel Canada, its business which operates across the country, with offices in Toronto, Montreal,...
Endeavour Expands Capability of Claims Platform Used by Canadian Coverholders
Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...
Driving in Snow: Difficult for Humans and Driverless Cars
Mar 22 2018 // A Canadian town known for its annual theater festival is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet. But testing...
Odyssey’s Newline Group Opens Unit in Canada with Focus on SMEs
Mar 14 2018 // Newline Group announced the launch of its new service company, Newline Canada Insurance Ltd., based in Toronto. Newline Group is part of the Odyssey Group, a wholly owned subsidiary of Fairfax Financial Holdings. Newline...
XL Catlin Taps Uhlmann from Zurich to Lead Canada Insurance Business
Mar 12 2018 // XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. In his new role, Uhlmann will lead XL Catlin’s regional business strategy and overall insurance operations in Canada. Uhlmann joins XL Catlin...
Here Are Some Post-Brexit Scenarios for UK Financial Services
Mar 8 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. The EU said on Wednesday that there...
AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims
Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market...
Drone Suspected in Helicopter Crash Landing in South Carolina
Feb 16 2018 // A helicopter’s crash landing in South Carolina this week may have been triggered by a civilian drone, which would make it the first drone-related crash of an aircraft in the U.S. The incident on Wednesday involved a...
Hub International Acquires Canadian Broker Kindersley Insurance
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Legal Marijuana Worries Canadian Oil Companies with Strict Drug Testing Regimes
Feb 1 2018 // Once recreational marijuana becomes legal in Canada, Garnet Amundson says it will get a lot harder to find the workers he needs at Essential Energy Services Ltd. And he isn’t the only employer who’s...
Starr Companies Launch Enviro-Wrap Product for Construction Risks in Canada
Jan 30 2018 // Starr Companies has launched its new product, Enviro-Wrap insurance, in Canada. The coverage provides wrap-up liability and contractor’s pollution liability for construction project specific placements, covering...
Canada Fintech Firm Ratehub Raises $12M to Grow Insurance & Mortgage Offerings
Jan 17 2018 // Canadian financial technology company Ratehub Inc. has raised a $12 million Series A investment led by Elephant, a venture capital firm. Participating in the funding round was Simon Nixon, co-founder of UK-based financial...
Here Are Some Post-Brexit Scenarios Being Discussed for UK Financial Services
Jan 16 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier...
‘Weather Bomb’ Hits Canada’s Nova Scotia Causing Power Outages, Canceled Flights
Jan 5 2018 // More than 80,000 customers were hit by power outages in the Canadian province of Nova Scotia on Thursday evening, leaving parts of the city of Halifax in the dark, as eastern Canada was battered by a massive storm arriving...
Canada’s Alberta Province Charges Nexen Energy After 2 Workers Die in Explosion
Dec 29 2017 // Canada’s Alberta province has brought eight charges against Nexen Energy, a unit of China’s CNOOC Ltd., after two workers died in an explosion at its Long Lake oil sands plant in early 2016, an Alberta...
London Financial Industry Welcomes Brexit Breakthrough but Won’t Alter EU Plans
Dec 8 2017 // London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the...
Chief Risk Officers’ Average Salary Tops $190,000: RIMS
Dec 5 2017 // Risk professionals at all levels in the United States saw an average 3.5 percent base salary increase this year, while the average base salary for a chief risk officer in the United States reached $190,800, according to...
Additional Runway Incidents at San Francisco Airport Under Investigation
Dec 4 2017 // U.S. officials are investigating two more incidents at San Francisco International Airport where planes could have wound up on the same runway, the National Transportation Safety Board said. The incidents include an event...
