Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Aims to Finalize Oil Tank Car Standards by End of April: Minister
Apr 8 2015 // The Canadian government would like to finalize specifications for a new version of the tank cars used to transport crude oil by rail by the end of this month, Canadian Transport Minister Lisa Raitt said on Tuesday. In the...
Berkshire Hathaway Specialty Expands D&O Policies to Canada
Apr 8 2015 // Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability...
Hub International Acquires Assets of Canada’s Cortex Financial
Apr 7 2015 // Hub International Limited announced that its subsidiary Hub Financial Inc. has acquired the assets of Cortex Financial, a Thornhill, Ontario-based managing general agency. Hub said the acquisition broadens its...
ACE Launches High Net Worth Personal Insurance Business in Canada
Apr 7 2015 // ACE Group has launched its high net worth personal insurance capabilities in Canada through ACE Private Risk Services. ACE’s program features a highly customizable and specialized package of policies that can include...
Hub International Acquires Two Canadian Home Warranty Providers
Apr 6 2015 // Chicago-based Hub International Limited announced that it has acquired Progressive Home Warranty, based in Edmonton, Alberta, and Pacific Home Warranty, based in Surrey, British Columbia. The two companies provide home...
Zurich Canada Launches Drone Insurance Product for Corporate Clients
Apr 2 2015 // Zurich Canada announced that it has “launched a new insurance product that will help its customers across a range of industries take advantage of the risk mitigation and cost saving opportunities available through...
Earth’s Surface Rising in North America, Europe: After-Effect of Ice Age
Mar 27 2015 // In the U.S., this past year has had more than enough reminders of how weather can affect our lives. California is heading into its fourth year of drought because it didn’t get enough snow. Boston is just emerging...
CN Railway’s Safety Record Deteriorated in 2014 Due to Poor Track Conditions
Mar 23 2015 // Canadian National Railway’s safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor track conditions hit their highest level in more than five years, a...
M&A Calendar: P/C Agent, Broker Mergers & Acquisition Headlines in 2014
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
ACE Strengthens Casualty Offering for Multinational Activities of Canada Firms
Mar 20 2015 // ACE Group says it is strengthening its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies. ACE Risk Management Global Casualty...
Willis Re Introduces Suite of Flood Analytics for Canada Insurance Market
Mar 20 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, has unveiled a new suite of flood solutions offering analytical capabilities that will enable insurers to proactively manage Canada flood...
Canada Transport Watchdog to Introduce New Tank Cars Ahead of Schedule
Mar 18 2015 // Canada’s transportation watchdog said that recent fiery derailments of trains hauling crude oil mean a new generation of stronger tanker wagons should be introduced ahead of schedule. The Transportation Safety Board...
Canada Proposes Tough New Oil Tank Car Standards
Mar 12 2015 // Canada proposed tough new oil tank car standards on Wednesday and said even improved tank cars coming into service now would have to be off the rails by 2025 at the latest. The announcement comes after a rash of fiery...
Royal Bank of Canada Is Reviewing Future of Volatile P/C Insurance Unit
Mar 11 2015 // Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling coverage in...
Series of Train Derailments Worries Canada’s Transport Minister
Mar 10 2015 // A series of train derailments in northern Ontario is cause for concern for Canada’s transport minister, a spokesman said on Monday, as fires continued to burn where Canadian National Railway Co train carrying oil...
Derailed Canadian National Train Carrying Crude Oil Is Still Burning
Mar 9 2015 // A Canadian National Railway Co. train carrying crude oil that derailed near the northern Ontario community of Gogama early on Saturday is still on fire, the company said late on Sunday. The derailment is CN’s second...
Totten Insurance Group Acquires Quebec-Based Wholesaler NBS
Mar 5 2015 // Totten Insurance Group, the Toronto-based insurance managing general agency, announced it has acquired the shares of National Brokerage Services S.C.N. Inc. (NBS), a Montreal, Quebec-based commercial insurance...
Canadian Pacific Railway’s CEO Says Biggest Crude-by-Rail Fear Is Terrorism
Mar 3 2015 // Hunter Harrison, Canadian Pacific Railway Ltd.’s chief executive officer, said his greatest fear in moving crude by rail is the prospect of a terrorist attack on the company’s trains. “That’s what...
Derailed Train in West Virginia Had Safer Tank Cars
Feb 26 2015 // The fiery derailment of a train carrying crude oil in West Virginia earlier this month is one of three in the past year involving tank cars that already meet a higher safety standard than what federal law requires –...
Canada’s New Rules Could Charge Railways that Cause Forest Fires
Feb 26 2015 // Canada’s new rail safety legislation would make it possible for governments to recover costs from railways for any fire they cause, not just accidents that involve crude oil, said Transport Canada, a change that...
