Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
How Drone Use Becomes More Challenging When Deploying Fleets
May 3 2019 // Search and rescue crews are already using drones to locate missing hikers. Farmers are flying them over fields to survey crops. Insurers have integrated drones as a part of their disaster recovery efforts. And delivery...
Canadian Banks, Insurers Tap Blockchain Technology to Verify Client Identities
May 2 2019 // Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they are to securely access banking and other personal services. SecureKey Technologies...
Hartford InsurTech Hub Holds Demo Day, Completes Second Accelerator Program
Apr 30 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, hosted its second Demo Day at the Bushnell Performing Arts Center in Hartford, Conn., on April 26. The InsurTech Accelerator is the first component of Hartford InsurTech...
Partner Re Names Colello to Lead P/C Business in U.S., Canada, Latin America
Apr 17 2019 // PartnerRe announced that Jonathan Colello will join the company effective July 1, 2019, as chief executive officer for P&C Americas, and president of Partner Reinsurance Co. of the U.S. In his new role, Colello will...
Trump Clears Way for U.S. Suits Against Foreign Firms Operating in Cuba
Apr 17 2019 // The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies that use properties Communist-ruled Cuba confiscated after Fidel Castro’s revolution in the 1950s, a senior...
Royer Named Head of Liability for Zurich Canada
Apr 16 2019 // Marco Royer has been named head of Liability for Zurich Canada. Royer will be responsible for leading the underwriting teams in Zurich Canada’s liability portfolio, including casualty, energy casualty, construction...
Canada Insurer The Co-operators Buys Robinson & Associates Insurance Brokers
Apr 12 2019 // Canadian insurer The Co-operators announced it has purchased Robinson & Associates Insurance Brokers in Niagara Falls and Ridgeway, Ontario. Financial details of the deal were not disclosed. The brokerage’s...
Records Show Sensors Linked to Boeing 737 Max Crashes Vulnerable to Failure
Apr 11 2019 // The crashes of two Boeing Co. 737 Max jets in five months have focused attention on a little-known device that malfunctioned, starting a chain reaction that sent the planes into deadly dives. Pilots have for decades relied...
Zurich Canada Names Aon’s Royer as Head of Liability
Apr 11 2019 // Marco Royer has been named head of Liability for Zurich Canada. Royer will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. His first day at Zurich will be July 1. He will be...
Chubb Expands Insurance Coverage in Canada for Private Equity Firms
Apr 10 2019 // Chubb is providing expanded insurance coverage, called “Private Equity+”, to address “the unique risks of Canadian private equity firms.” These extended offerings help transfer and mitigate many of...
Arthur J. Gallagher Acquires Canada’s Keyser Benefits Corp.
Apr 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Canadian broker Keyser Benefits Corp. Terms of the transaction were not disclosed. With roots dating back more than 45...
Hub International Acquires Canada Broker Del Fisher Insurance
Apr 3 2019 // Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Del Fisher Insurance Inc. Terms of the transaction were not disclosed. Based in Calgary, Alberta, Canada, Del Fisher Insurance is...
Insurers Cautious About Marijuana Insurance Market
Apr 1 2019 // The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report, “Cannabis:...
AIG Exits Individual Personal Lines Business in Canada
Mar 29 2019 // American International Group (AIG) has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. “We continually review our operations to...
Canada Eyes Regulation of Crypto-Trading Platforms Amid Ongoing Quadriga Scandal
Mar 15 2019 // Canada is moving to overhaul its securities regulations to cover crypto trading platforms such as Quadriga Fintech Solutions Corp., a digital exchange that lost access to C$260 million ($195 million) of investor assets...
Insurers Remain Cautious About Marijuana Insurance Market
Mar 14 2019 // The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key...
Satellites Found 1st Concrete Evidence of Link Between Boeing 737 MAX Crashes
Mar 14 2019 // The first concrete evidence of a possible link between two deadly Boeing 737 MAX crashes came from space. A new satellite network capable of tracking planes in high fidelity across the globe captured the flight path of the...
Update: Groundings of Boeing 737 MAX 8 Cascade Globally
Mar 13 2019 // Aviation regulators around the globe are grounding Boeing‘s 737 MAX aircraft following Sunday’s deadly plane crash in Ethiopia. Regulators in the United States, where Boeing is based, remained an...
Zurich Canada Names Steiner from RSA as Head of Property
Mar 12 2019 // Yvonne Steiner has been named head of Property for Zurich Canada. Steiner will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. Her first day at Zurich will be April...
H.W. Kaufman, Burns & Wilcox Canada Buy TRU Transportation Risk Underwriters
Mar 8 2019 // H.W. Kaufman Group and Burns & Wilcox Canada announced they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd. (TRU), a Canadian managing general agent (MGA) with expertise in providing risk...
