Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
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...
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...
