Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Insured Catastrophe Losses Fell 36% in First Half of 2015
Jul 22 2015 // Property/casualty insurers catastrophe losses in North America for the first-half of this year were down 36 percent to $8.1 billion from 2014’s total of $12.6 billion, making it the lightest catastrophe first half...
Coming Soon: Marijuana ‘Breathalyzers’ for Police Testing of Drivers
Jul 14 2015 // As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road. Vancouver-based Cannabix Technologies...
Guarantee, Bullfrog Insurance Partner for Canada Small Business Online Cover
Jul 9 2015 // The Guarantee Company of North America announced that it has “teamed up with Bullfrog Insurance to provide a faster and simpler way for Canadian small business owners to obtain small business insurance.” They...
Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada
Jul 9 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately. Based in Toronto, he will...
Turning Office Workers Into Athletes
Jul 8 2015 // Office work will become much less of a pain in the neck if Julie Côté has her way. This kinesiology researcher who teaches at McGill University in Montreal is interested in finding ways to reduce or even prevent the...
Marsh & McLennan Agency Enters Canadian Market with Purchase of Vézina
Jul 8 2015 // Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired Vézina, a Montreal, Quebec-based independent insurance brokerage firm. The acquisition includes the property/casualty brokerage division Vézina...
Canada Lays New Charges Against Railway in Lac-Megantic Derailment
Jun 23 2015 // The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its president, Robert...
BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors
Jun 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension...
Alberta Wildfires Burn for 6th Day, 10% of Oil Sands Crude Offline
May 29 2015 // Firefighters battled wildfires in northern Alberta, Canada’s biggest crude-producing region, for a sixth day on Thursday, with two blazes near oil sands facilities still out of control. The wildfires have forced...
Wildfires in Northern Alberta Continue to Disrupt Oil Sands Production
May 27 2015 // Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day [on Tuesday] as Bank of America Corp. warned the blazes may slow the economy. A fire at Cold Lake Weapons...
Berkshire Hathaway Specialty Names Emerson to Head Liability Claims in Canada
May 21 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has named Paul Emerson as head of liability claims in Canada. Emerson comes to BHSI from the law firm of Clyde & Co Canada LLP. “As an attorney with extensive...
Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada
May 20 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI...
Aon Benfield Launches Canada Flood Model to Help Manage Exposures
May 18 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and...
Incoming President Ware Talks About Canadian Expansion & Why AAMGA Is More Than MGAs
May 18 2015 // The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada. The Canadian organizations sought to become part of the...
Allianz Global Corporate & Specialty Names Kadow as Chief Agent for Canada
May 13 2015 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has appointed Ulrich Kadow as chief agent for Canada effective immediately. Based in Toronto, Kadow will lead...
Oil Train Derails, Catches Fire in North Dakota
May 7 2015 // A BNSF train carrying crude oil owned by Hess Corp derailed and caught fire in North Dakota on May 6, forcing the evacuation of a nearby small town just days after the United States and Canada announced reforms to improve...
U.S., Canada Agree on Oil Train Safety Mandates
May 5 2015 // Almost two years after an unattended oil train derailed and exploded in Quebec, killing 47 people, the U.S. and Canadian governments jointly set new rules designed to reduce the risks of hauling crude by rail. Newly built...
Canadian Oil Trains Shift to Carry Less-Volatile Crude
May 5 2015 // A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than...
U.S., Canada Ready Oil Train Safety Measures
May 1 2015 // Canada’s transport minister will be in Washington on Friday for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically sensitive issue on...
Guy Carpenter Launches G-CAT® Canada Flood Model
Apr 16 2015 // Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently...
