Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
California Commissioner Was Passenger on Jet That Nearly Landed on Taxiway
Jul 14 2017 // A top California state official said he was a passenger on an Air Canada jet that nearly landed on a taxiway where four other planes were sitting rather than the designated runway at San Francisco International Airport...
Chubb Names New Leadership in Casualty Major Accounts for North America
Jul 14 2017 // Chubb today has made new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, which serves large U.S.- and Canadian-based companies...
300-Plus Canadian Wildfires Force Closures of Lumber Mills, Natural Gas Facility
Jul 12 2017 // More than 300 wildfires in British Columbia have forced Canadian lumber mills and an Enbridge Inc. natural gas compressor station to shut as hot, dry weather fans blazes across swaths of western Canada and the...
AIR Worldwide Launches Crop Hail Model for Canada
Jun 26 2017 // Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of potential...
H.W. Kaufman Financial’s Loss Control Unit, Afirm, Opens Montreal Office
Jun 21 2017 // Afirm, an H.W. Kaufman Financial Group company specializing in loss control inspections, premium audits and risk mitigation services, announced its expansion to Montreal, Quebec. This marks Afirm’s initial presence...
Arkansas Insurance Regulators OK Allied World, Vantapro Specialty Acquisition
Jun 19 2017 // The Arkansas Insurance Department has approved the acquisition of two domestic affiliated companies, Allied World Surplus Lines Insurance (AWSLIC) and Vantapro Specialty Insurance Co., by Swiss and Canadian...
Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye
Jun 19 2017 // The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday. FireEye said it believes that...
Arch Re’s Canada Branch Names Aon Benfield’s Dagneau as CEO
Jun 19 2017 // Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report
Jun 9 2017 // Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to...
RMS Releases Updated N. America Earthquake Models for U.S., Canada & Mexico
Jun 9 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of version 17.0 of its North America Earthquake Models for the United States, Canada and Mexico. The updated model will enable RMS...
Canada’s Economical Simplifies Business Structure as It Gets Ready to Go Public
Jun 8 2017 // Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a public company. Currently, Assurance Economical in Quebec is underwritten by The Missisquoi...
Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power
Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...
CNA Canada Relocates Vancouver Branch
Jun 1 2017 // CNA Canada announced its Vancouver Branch has moved to a new location. The new address is 510 W. Georgia St., Suite 2250, Vancouver, BC V6B 0M3. The company said that its phone numbers will remain the same. “The new...
XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W
May 31 2017 // XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and...
XL Catlin Names AIG’s Estrada, Zurich’s Hughes to Canada Environment Team
May 18 2017 // XL Catlin has added two new members to its Canadian environmental insurance team: Marc Estrada as environmental team lead and Brian Hughes as assistant vice president, environmental underwriting. Estrada and Hughes are...
Canada’s Rogers Insurance Partners with Megson FitzPatrick
May 18 2017 // Rogers Insurance Ltd. announced it has partnered with Victoria, British Columbia-based Megson FitzPatrick Inc., beginning with the purchase of a minority stake in Megson FitzPatrick. The financial details of the purchase...
Canadian Claims Management Firm, SCM, Acquires Nixon & Co. in Missouri
May 4 2017 // Canada-based SCM Insurance Services has expanded into the United States by acquiring claims adjusting and investigations firm, Nixon & Company Inc., headquartered in St. Louis, Missouri. Founded more than 40 years ago,...
Canadian P/C Insurer Intact Financial to Acquire OneBeacon for $1.7 Billion
May 3 2017 // Canada’s largest property/casualty insurer, Intact Financial Corp., has agreed to acquire U.S. specialty insurer OneBeacon from White Mountains Insurance Group for US$1.7 billion. The merger will create a North...
6.2 Magnitude Quake Strikes British Columbia, Canada
May 2 2017 // A magnitude-6.2 earthquake rattled the corner of British Columbia near the boundary with southeastern Alaska early Monday, waking people up and setting off a series of aftershocks, including a magnitude-6.3, the U.S....
BHSI Introduces Employment Practices Liability Cover in Canada
May 1 2017 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its Executive First policy suite in Canada with the launch of an employment practices liability policy. The policy is designed to protect companies...
