Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Fintech Firm Ratehub Raises $12M to Grow Insurance & Mortgage Offerings
Jan 17 2018 // Canadian financial technology company Ratehub Inc. has raised a $12 million Series A investment led by Elephant, a venture capital firm. Participating in the funding round was Simon Nixon, co-founder of UK-based financial...
Here Are Some Post-Brexit Scenarios Being Discussed for UK Financial Services
Jan 16 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier...
‘Weather Bomb’ Hits Canada’s Nova Scotia Causing Power Outages, Canceled Flights
Jan 5 2018 // More than 80,000 customers were hit by power outages in the Canadian province of Nova Scotia on Thursday evening, leaving parts of the city of Halifax in the dark, as eastern Canada was battered by a massive storm arriving...
Canada’s Alberta Province Charges Nexen Energy After 2 Workers Die in Explosion
Dec 29 2017 // Canada’s Alberta province has brought eight charges against Nexen Energy, a unit of China’s CNOOC Ltd., after two workers died in an explosion at its Long Lake oil sands plant in early 2016, an Alberta...
London Financial Industry Welcomes Brexit Breakthrough but Won’t Alter EU Plans
Dec 8 2017 // London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the...
Chief Risk Officers’ Average Salary Tops $190,000: RIMS
Dec 5 2017 // Risk professionals at all levels in the United States saw an average 3.5 percent base salary increase this year, while the average base salary for a chief risk officer in the United States reached $190,800, according to...
Additional Runway Incidents at San Francisco Airport Under Investigation
Dec 4 2017 // U.S. officials are investigating two more incidents at San Francisco International Airport where planes could have wound up on the same runway, the National Transportation Safety Board said. The incidents include an event...
Researchers Find Drones Can Cause Significant Damage to Aircraft
Nov 29 2017 // The millions of small civilian drones plying the nation’s skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the U.S. Federal Aviation Administration...
Starr Cos. Forms Canadian A&H Division, with Claughton & Hughes at Helm
Nov 29 2017 // Starr Cos. has launched an Accident & Health Division, based in Toronto, Canada. A&H coverages provided include business travel accident; group basic and voluntary accidental death & dismemberment; critical...
Additional Runway Incidents at San Francisco Airport Under Investigation
Nov 27 2017 // U.S. officials are investigating two more incidents at San Francisco International Airport where planes could have wound up on the same runway, the National Transportation Safety Board said . The incidents include an event...
Trump Wants NAFTA to Limit Liability of Internet Firms Including Google, Facebook
Nov 27 2017 // The Trump administration is pushing to add legal protections in the North American Free Trade Agreement (NAFTA) that would limit the liability of internet giants such as Google and Facebook, marking the latest in a...
XL Catlin Taps Coladon from The Guarantee as Fine Art & Specie U/W in Canada
Nov 20 2017 // XL Catlin has appointed Farzina Coladon as underwriter, fine art and specie (FAS) in Canada. Coladon is responsible for underwriting fine art, jewelers block and general specie insurance across Canada. Based in Toronto,...
People
Nov 20 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has appointed Bill Doucette as vice president of Human Resources and Organization...
Canada’s Economical Restructures to Strengthen Broker Relationships, Profits
Nov 17 2017 // Economical Insurance announced the creation of a new organizational structure, with three market-facing regions. The restructuring is designed to improve profits, strengthen relationships with broker partners, capture more...
H.W. Kaufman Group, Burns & Wilcox Promote 22 Insurance Pros in North America
Nov 16 2017 // H.W. Kaufman Group and Burns & Wilcox have promoted 22 insurance industry veterans across 15 locations in the United States and Canada. The promotions were announced at a recognition dinner during the annual 2017...
BHSI Launches Network Security & Privacy Liability Insurance in Canada
Nov 16 2017 // Berkshire Hathaway Specialty Insurance (BHSI) has unveiled its Professional First Network Security & Privacy Liability Policy in Canada. The product combines cyber liability and breach response coverage with risk...
Canada’s Economical Insurance Names MacDonald Executive VP for Personal Lines
Nov 15 2017 // Economical Insurance in Ontario has named Paul MacDonald as executive vice president of Personal Insurance effective early 2018. Rowan Saunders, president and CEO of Economical, said MacDonald will have profit and loss...
Siddiqui Named Sr. VP, General Counsel at Combined Insurance
Nov 3 2017 // Combined Insurance in Chicago has named Sadaf Siddiqui senior vice president and general counsel. In her new role, Siddiqui will provide regulatory and legal counsel to the company. Siddiqui comes to Combined from Chubb...
MGA Burns & Wilcox Canada Opens Vancouver Office; Key Leaders Named
Oct 26 2017 // Burns & Wilcox Canada, a managing general agent in North America, has expanded into British Columbia with the opening of a Vancouver office. The new office is located in Vancouver’s business district at the...
San Francisco Airport Experiences Another Air Canada Jet Safety Issue
Oct 26 2017 // Another Air Canada safety issue at San Francisco Airport is under investigation. The Federal Aviation Administration said this week it is investigating the second serious safety issue in three months involving an Air...
