Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada’s Cowan Insurance Group Acquires The Williamson Group
Jan 6 2015 // Cowan Insurance Group, a Canadian insurance brokerage and consulting operation, has acquired The Williamson Group, a financial services company focused on providing employer sponsored benefits, pensions and disability...
CNA Expands Specialty Lines Business in Canada
Jan 5 2015 // CNA announced that its $2.9 billion Specialty Lines business, specializing in professional and management liability, financial and other specialized property and casualty insurance products and services, will begin...
High Cost Hinders Progress of Carbon Capture As Climate-Change Fix
Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second...
Integro Acquires Canadian Broker Finning Insurance Services
Dec 9 2014 // International insurance brokerage and risk management firm Integro announced it has acquired the assets of Finning Insurance Services (FIS), an insurance brokerage business, from Finning International Inc. Financial...
Hub International Acquires Canada-Based MGA Partners
Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Reports: Wisconsin Train Derailment Caused by Human Error
Nov 25 2014 // A two-train collision and derailment last July in southeastern Wisconsin was caused by human error when the rear of a freight train was unintentionally backed onto another rail line, according to reports submitted to...
Allied World Launches Network Security Insurance Product for Canada
Nov 25 2014 // Allied World Assurance Company Holdings AG announced the launch of Allied World North America’s privacy and network security insurance product, called Privacy//101SM, which is tailored for the Canadian...
Allied World Offers D&O Policy in Canada, Addressing Coverage Gaps
Nov 19 2014 // Allied World North America has launched the Executive ForceFieldproduct, a policy specifically developed to address coverage gaps for directors and officers of publicly traded companies in the Canadian market. This...
World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord
Nov 12 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the...
Canadian P&C Insurer Intact Financial’s 3rd Quarter Profit Rises
Nov 5 2014 // Intact Financial Corp., Canada’s largest property and casualty insurer, reported a more than four-fold rise in quarterly profit, helped by a sharp fall in catastrophe losses. The company’s profit last year was...
Zombie Storms Cause Damage After Hurricanes
Oct 31 2014 // A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While still...
Meinschenk Named VP, Sales & Producer Management at CNA Canada
Oct 30 2014 // CNA Canada has appointed Paul Meinschenk as vice president of sales & producer management. In this role, Meinschenk is responsible for the development and management of the distribution strategy and sales initiatives...
Remnants of Hurricanes Still Can Be Powerful – and Dangerous
Oct 28 2014 // A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While...
Hacala Appointed Financial Institutions Practice Leader, Willis Canada
Oct 24 2014 // Willis North America, a unit of Willis Group Holdings, has appointed of Roger Hacala as senior vice president and financial institutions practice leader, Willis Canada. In this new role, Hacala will oversee the financial...
AIG Boosts Railroad Excess Liability Coverage to $1 Billion
Oct 9 2014 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped by trains. The insurer...
Canadian Railway Oil Train Crashes in Saskatchewan
Oct 8 2014 // Firefighters contained the blaze triggered by the derailment of a Canadian National Railway Co. train carrying petroleum products and toxic material in a rural area in Saskatchewan yesterday. While there were still flames...
NAMIC Honors 5 P/C Executives with Service Awards
Sep 24 2014 // The National Association of Mutual Insurance Companies recognized five individuals today for their service to the property/casualty insurance industry. Receiving the NAMIC Service Award at the association’s 119th...
Canada Eyes Insurance Pollution Fund for Oil-By-Rail Risks
Sep 23 2014 // The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for maritime oil spills, a...
ACE Launches Global Primary Casualty Unit for U.S., Canadian Multinational Companies
Sep 11 2014 // ACE has launched a new division that consolidates its U.S. and global casualty offerings to create ACE Risk Management Global Casualty. The division will provide more efficient underwriting and servicing for large...
