Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Intact Insurance Launches Commercial Drone Insurance in Canada
Jan 20 2016 // Canadian insurer Intact Insurance has launched drone insurance for its commercial lines customers. This Unmanned Air Vehicle (UAV) coverage caters specifically to small and medium-sized businesses in Canada that currently...
BHSI Launches Miscellaneous Professional Liability Insurance in Canada
Jan 12 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Miscellaneous Professional Liability (MPL) Insurance in Canada. The new MPL policy provides claims-made coverage for professionals and...
H.W. Kaufman Financial Group Acquires Toronto-Based Technical Risk Services
Jan 7 2016 // H.W. Kaufman Financial Group, headquartered in Farmington Hills, Mich., has acquired Technical Risk Services (TRS), a Toronto, Canada-based specialist in loss control services, inspections, and risk control consulting. TRS...
Aviva Canada Aims to Offer Ride-Sharing Insurance, with Uber Drivers in Mind
Jan 7 2016 // Aviva Canada aims to offer ride-sharing insurance to Ontario drivers who use their own vehicles to carry paying passengers starting next month, a service that could solve a major headache for ride-hailing company Uber...
Lac Megantic Train Crash Victims’ Fund to Begin Payments without CP Rail
Dec 23 2015 // A C$460 million (US$330.46 million) settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pacific Railway Ltd [CP], the monitor...
Canada’s Economical Insurance Policyholders Approve Demutualization Plan
Dec 15 2015 // Economical Insurance’s mutual policyholders voted on Monday to allow the Canadian property and casualty insurance firm to demutualize. Demutualization is a regulated process in which a mutual insurance company...
U.S. Safety Agency Advocating Stronger Truck Rear-Impact Guards
Dec 14 2015 // The U.S. National Highway Traffic Safety Administration is proposing that trucking companies be required to install stronger guards on their trailers to reduce deaths caused when cars rear-end tractor trailers. The agency...
ACE Appoints Leadership Team for Canada, Effective 1st Quarter of 2016
Dec 4 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Canadian operations. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first...
ACE Announces Future Leadership Team for Global Surety Business Unit
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As...
Mine Disasters Show Real Cost of Using Cheap Solutions for Waste Storage
Nov 18 2015 // As miners globally review the way they store waste in the wake of another horrific dam spill, the solution may be as simple as it is dramatic: spend a lot more. Images of sludge spewing into towns and rivers could be a...
Canadian Pacific Says Wisconsin Train Derailment Caused by Broken Rail
Nov 12 2015 // Canadian Pacific on Nov. 11 said a broken rail caused a weekend freight train derailment in Wisconsin that resulted in an oil spill and a precautionary evacuation. No one was injured in the incident on Nov. 8, which caused...
Allianz Group’s AGCS Names Fellows Head of Market Management Canada
Nov 11 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Robert J. Fellows has been named head of market management for Canada, effective January 4, 2016. Based in...
Canada’s Economical Insurance Moves Closer to Becoming Public Company
Nov 4 2015 // Economical Insurance, one of Canada’s largest property and casualty insurers, moved closer to becoming a public company after its board voted to demutualize. The 10-member board of directors recommended it convert to...
Arthur J. Gallagher Buys Canada Broker Christie-Phoenix & Its Affiliate, Discovery
Nov 3 2015 // Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has extended its investment in Canada with the acquisition of retail insurance broker Christie-Phoenix...
U.S. Bankruptcy Judge Approves Quebec Oil Train Crash Settlement
Oct 12 2015 // A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada’s Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent railway at the heart...
Endeavour Appoints Price to Drive Growth of U.S. & Canadian Specialist Business
Oct 2 2015 // London-based Endeavour Insurance Services* has appointed David Price as divisional director to drive further growth of the company’s specialist business across its U.S. and Canadian accounts. Price’s role will...
Zurich Canada Issues ‘White Paper’ on Drones & Risk Management
Sep 28 2015 // Zurich Canada has released a new white paper on unmanned aircraft systems (UAS), commonly referred to as drones at the Risk and Insurance Management Society (RIMS) Canada Conference in Québec City. Entitled,...
Energi of Canada Launches P&C Program for Energy Construction
Sep 10 2015 // Energi of Canada has launched a new property & casualty program for energy construction. The new energy construction program offers risk management services and insurance coverage for contractors in the following...
ACE Names Leaders for New Chubb Business Units, Major Product Lines
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
ACE Reveals New Chubb Field Management Team, 8 Regional Executives
Sep 8 2015 // ACE Limited announced the leadership team it intends to appoint for the company’s North America field organization that will take over upon completion of the acquisition of Chubb, which ACE said is expected in the...
