Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Concerned About Cyber Attacks Targeting Critical Infrastructure: Source
Oct 24 2017 // The Canadian government is “really worried” about cyber attacks that have targeted critical infrastructure and has helped companies improve their defenses without disclosing hacks to the public, a senior...
RSA Canada Taps Cohen from Aviva Canada as SVP, Chief Underwriting Officer
Oct 20 2017 // Toronto-based RSA Canada has appointed Steve Cohen to the newly created role of senior vice president and chief underwriting officer. The SVP and chief underwriting officer role was created to build upon the progress the...
BHSI Introduces Motor Truck Cargo Legal Liability Insurance in Canada
Oct 19 2017 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its inland marine product line in Canada with the launch of its Motor Truck Cargo Legal Liability policy, a new product that protects against the...
Starr Cos. Now Offers Commercial Auto Coverages in Canada
Oct 11 2017 // Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial...
Canada’s Intact Financial Completes OneBeacon Acquisition; Vows to Grow Specialty Insurer
Sep 29 2017 // Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains Insurance Group. The purchase price was C$2.3 billion (US$1.7...
XL Catlin Adds EPLI, Cyber Coverage for Design Professionals in Canada
Sep 20 2017 // XL Catlin has added two optional coverages to its professional liability insurance for architects, engineers and other design businesses in Canada: employment practices liability (EPL) Insurance and cyber insurance...
Specialty MGAs Continue to be Popular Acquisition Targets
Sep 14 2017 // With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of...
Hub Acquires Delisle Agencies of Canada
Sep 14 2017 // Global insurance broker Hub International Ltd. has acquired Delisle Agencies Ltd. of Delisle, Saskatchewan, Canada. Terms of the acquisition were not disclosed. The family-owned Delisle Agencies specializes in personal...
Hub Acquires Insurance Broker Integro’s Canada Unit
Sep 12 2017 // Chicago-based global insurance broker Hub International Ltd. has acquired the Canadian unit of insurance broker Integro Ltd. Terms of the acquisition were not disclosed. Integro Canada is a commercial property/casualty...
Warburg Pincus Makes Majority Investment in Canada’s SCM Insurance
Sep 1 2017 // Private equity firm Warburg Pincus made a majority investment in SCM Insurance Services, the privately owned Canadian insurance services provider said on Thursday. SCM did not disclose financial terms but said the...
U.S., Canada, Mexico Conclude First Round of Talks on NAFTA
Aug 21 2017 // The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the NAFTA trade pact, vowing to keep up a blistering pace of negotiations that some involved in the process said may be too...
Canada’s Economical Names Dunbar to Lead Its Digital Direct Channel, Sonnet
Aug 15 2017 // Waterloo, Ontario-based Economical Insurance has appointed Roger Dunbar as the senior vice president of Sonnet Insurance, Economical’s digital direct channel. Previously, Dunbar was vice president, Marketing, at...
Canada’s Economical Offers Cyber Cover for Business Losses After Data Breaches
Aug 7 2017 // Economical Insurance has launched cyber coverage that is available to commercial policies to support Canadian businesses in the event of a data breach. Called “EXPERT Cyber,” the Economical product provides...
Wisconsin Brewer Files Suit Against 2 Large Brewing Companies
Aug 4 2017 // A Canadian company that owns a brewery in southern Wisconsin has filed a federal lawsuit alleging antitrust violations by two of the world’s largest brewing companies. Mountain Crest says in the suit filed this week...
Arthur J. Gallagher & Co. Buys Canadian Broker GPL Assurance
Aug 4 2017 // Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering...
Climate Engineering Companies Aim to Curb Global Warming with Science
Aug 1 2017 // Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet. Backers say the...
California Commissioner Wants Investigation Following Airline Near Miss
Jul 24 2017 // California Insurance Commissioner Dave Jones, who was a passenger on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport in mid-July, has sent a letter to the airline and three...
California Commissioner Wants Investigation Following Airline Near Miss
Jul 18 2017 // California Insurance Commissioner Dave Jones, who was a passenger last week on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport, has sent a letter to the airline and three...
Insured Losses from Central Alberta Storm Estimated at US$23.7M
Jul 18 2017 // A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a...
Guy Carpenter Names Hettinger to Lead U.S., Canada Advisory Services
Jul 17 2017 // Reinsurance specialist Guy Carpenter & Co. has appointed Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the United States and Canada. Most recently, Hettinger was...
