Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Willis Adds Five to Toronto Office
Apr 9 2006 // Willis Group Holdings, Ltd. has appointed five new insurance professionals to its Canadian operations. Ayesha Navarro, Murray Kammer, Charles Fogden, Matthew Cook, and Douglas Bundock are based in Toronto,...
Insurers Refute Reports on Canada’s Home, Auto Policy Prices
Apr 9 2006 // Canada’s home, car and business insurers have countered recent reports suggesting that the cost of homeowner’s insurance in New Brunswick is rising. The industry’s attempt to set the record straight about...
ING Merges Canadian Subsidiaries
Apr 7 2006 // Allianz Insurance Company of Canada and The Nordic Insurance Company of Canada, both insurance subsidiaries of ING Canada Inc., have announced the completion of their amalgamation under the name of The Nordic Insurance...
ING Canada Acquires Largest Member in Grey Power Network
Apr 4 2006 // ING Canada announced the acquisition of Grey Power Insurance Brokers Inc. (GPIBI) of Stouffville, Ontario. GPIBI is the largest member in the Grey Power network, accounting for about 50 per cent of its business volume. The...
Guy Carpenter Names Powell to Head Latin America, Caribbean; Callahan to Manage Treaty Business
Mar 23 2006 // Guy Carpenter & Company, Inc., Marsh & McLennan’s global risk and reinsurance specialist, announced that Hugh Powell has assumed the role of CEO of its Latin America and Caribbean Region. He will manage Guy...
Cornerstone Appraisal Services and MSB Form Strategic Alliance
Mar 14 2006 // High value home inspection vendor joins forces with MSB Valparaiso, Indiana and Los Angeles – Cornerstone Appraisal Services (Cornerstone) and Marshall & Swift / Boeckh (MSB), an MDA company, are pleased to...
XN Launches Canada Law Firm Policy
Feb 24 2006 // XN Holdings, parent company of XN Risk Insurance Services (Canada) Inc., announced the launch of a Law Firm Management Liability Policy designed to meet the evolving needs of Canadian legal professional firms. XN said the...
ING to Combine Canadian Subs
Feb 21 2006 // Allianz Insurance Company of Canada and The Nordic Insurance Company of Canada, both insurance subsidiaries of ING Canada Inc., announced their intention to amalgamate under the name of The Nordic Insurance Company of...
People and Places
Feb 20 2006 // Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health...
Don Horner
Feb 19 2006 // Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health...
Kingsway Grows Net Income by 24% for 2005; Dividend Increases 25%
Feb 8 2006 // Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million...
Svendson to Lead Deloitte Financial Advisory Services’ Mid-America Region
Feb 7 2006 // Deloitte Financial Advisory Services LLP announced that Midwest regional managing partner, Don M. Svendson, has been named Mid-America regional managing partner. Svendson, based in Dallas, succeeds Edward Lynch, partner,...
Rankin New Integro Canada Chairman; Formerly Worked at Marsh Canada
Feb 2 2006 // Integro CEO Roger Egan reported that Sheldon Rankin, 69, former Chairman and CEO of Marsh Canada, has been named Chairman of Integro Canada Ltd. In announcing the appointment, Egan stated, “We at Integro are proud...
Best Takes Various Rating Actions on R&SA’s Canada Group Subsidiaries
Jan 20 2006 // A.M. Best Co. has made several announcements concerning its ratings on Royal & Sun Alliance’s Canadian operations. Best affirmed the financial strength ratings (FSR) of “A-” (Excellent) of Royal...
Benfield Opens Calgary Office Headed by Cutfield
Jan 19 2006 // Benfield Corporate Risk has opened a new office in Calgary, Canada. Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Richard has 25 years experience in the insurance market and was...
Ind. Farm Bureau Insurance Co. Supports Victims of Fraud: Agent Arraigned this Week
Jan 13 2006 // Indiana Farm Bureau’s Chief Executive Officer, Jerry Canada, recently voiced the company’s steadfast commitment to continue to work with investigators as well as to support policyholders who were victims of...
IBC Picks Canada’s 2005 “Top Ten” Insurance Crimes
Dec 21 2005 // The Insurance Bureau of Canada has released its annual Top Ten Insurance Crimes list, which highlights “some of the strangest and most audacious insurance frauds and auto theft cases uncovered by insurance...
S&P Assigns ACE INA Insurance (ACE Canada) ‘A’ Rating
Dec 12 2005 // The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and financial strength ratings to ACE INA Insurance (ACE Canada), with a...
New Report Outlines Answers for Challenges in Atlantic Provinces
Dec 7 2005 // The Atlantic Task Force on Insurance Availability and Affordability released its final report at a media conference recently in Halifax, Canada. The report, which makes a number of concrete recommendations intended to help...
Ohio Supreme Court OKs Geographic Limitations on UM Coverage
Nov 6 2005 // The Ohio Supreme Court handed down an opinion on Oct. 12 holding that the former uninsured motorist (UM) law did not prohibit insurers from limiting the geographic scope of UM coverage and that the State Farm policy in...
