Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case
Oct 15 2018 // Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing court case which came to light after a short-seller released a report detailing the...
Canadian Broker Network Appoints Kemp, Co-President of CapriCMW, as Chairman
Oct 12 2018 // Canadian Broker Network(CBN), the Toronto-based network of independent insurance brokers, has appointed Andrew Kemp, co-president, CapriCMW Insurance Services Ltd., as the next CBN chairman. He succeeds Mike Robinson,...
Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague
Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd. Terms of the transaction were not disclosed. Headquartered in Saint John, New...
Canada’s Intact Financial Not Planning to Insure Recreational Cannabis Industry
Oct 3 2018 // Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase...
Lloyd’s U.S. Chief Says They’re Ready to Get into Canadian Cannabis Market
Oct 2 2018 // Lloyd’s is set to get into Canada’s cannabis market when recreational marijuana becomes legal there on Oct. 17, according to Hank Watkins, president of Lloyd’s America Inc. Watkins was speaking today at...
AXA XL Canada Taps Ashall from Aon Reed Stenhouse for Broker & Client Mgmt. Team
Sep 28 2018 // AXA XL Canada has added Jonathan Ashall to its Broker & Client Management team. Ashall is based in Toronto and reports to Urs Uhlmann, CEO and country manager AXA XL Canada. Ashall joins AXA XL from Aon Reed Stenhouse...
U.S. Safety Agency Targets Pilot Fatigue with Technology, Stricter Work Rules
Sep 26 2018 // U.S. accident investigators probing a San Francisco incident last year in which a jetliner was mere feet from landing on top of at least one other plane are poised to recommend new automated safety warnings and better...
Liberty International Underwriters & Ironshore Canada Renamed Liberty Mutual Canada
Sep 14 2018 // Liberty Mutual Insurance announces that Liberty International Underwriters (LIU Canada) and Ironshore Canada will be rebranded as Liberty Mutual Canada. “The rebranding of our joint operation as Liberty Mutual Canada...
Mullarkey to Head Canada Property & Energy for Swiss Re Corporate Solutions
Sep 14 2018 // Swiss Re Corporate Solutions has named Jamie Mullarkey as head of Property & Energy, Canada. In this role, Mullarkey leads property and energy underwriting in Canada with teams based in Toronto and Vancouver. He...
The Co-operators Offers Storm Surge Insurance to Homeowners in Atlantic Canada
Aug 27 2018 // The Co-operators Group Ltd. is offering storm surge insurance to homeowners in the provinces of Atlantic Canada: New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador. Most recently released in...
Canada Should Require Stronger Rail Cars for Crude Before 2025 Deadline: Official
Aug 27 2018 // Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety Board Chair Kathy Fox said on Thursday, noting that crude-by-rail shipments are...
New Specialty Offering from HUB Targets Cannabis Producers, Distributors, Retailers
Aug 16 2018 // Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice. The new offering is designed to...
Canada Delays Sales of Recreational Cannabis in Retail Stores as Legalization Looms
Aug 14 2018 // Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s...
Starr Partners with Travel Shield on Canadian Medical Insurance Super Visa
Aug 10 2018 // Starr Companies will underwrite a Super Visa Insurance product sold by Travel Shield, a trade name used by Mars Empire Group Inc. The product is designed to meet the medical insurance requirements of the Canadian super...
Zurich Canada Promotes Mered to CEO
Aug 10 2018 // Zurich Insurance announced the appointment of Saad Mered to CEO and chief agent of Zurich Canada, effective Oct. 1, 2018. Mered is currently chief claims officer for Zurich Insurance Group. In his new role, Mered will...
Hub International Buys Canadian Broker Blackstone Insurance, Benefits & Bonding
Aug 9 2018 // Hub International Ltd., the Chicago-based insurance broker, has acquired Canada’s Blackstone Insurance, Benefits & Bonding Inc. Terms of the acquisition were not disclosed. Headquartered in Saskatoon,...
CNA Canada Taps Metcalfe from Gallagher as CFO and SVP
Aug 9 2018 // CNA Canada announced the appointment of Greg Metcalfe as senior vice president and chief financial officer. In this role, Metcalfe will be responsible for leading the finance and information technology functions for CNA...
Hub International Acquires Ontario-Based Benefit Broker Services Inc.
Aug 8 2018 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Benefit Broker Services Inc. Terms of the acquisition were not disclosed. Located in Wallaceburg, Ontario, Benefit Broker provides...
Insurer RSA Reports 15% Drop in H1 Operating Profit on Winter Weather Claims
Aug 2 2018 // Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA’s first-half operating profit on Thursday, though results were in line with analyst forecasts. General insurer RSA, best known in...
Canadian Insurer Backs Autonomous Car Startup in Florida Retirement Community
Jul 26 2018 // There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride. Toronto-based Intact Financial Corp. is investing $3 million in startup Voyage as...
