Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Insurers Launch Major Injury Prevention Campaign
Nov 1 2005 // Canada’s home, car and business insurers recently launched a National Injury Prevention Campaign to reinforce the message that most injuries are preventable. The campaign will travel to many towns across the country...
Woman Who Took Insurance Case to Supreme Court Wins Settlement
Oct 28 2005 // Farmers Insurance has paid $760,000 to a 62-year-old Irish woman who successfully argued her claim before the state Supreme Court, despite having no college degree or legal training. Mary Mulcahy, of Seattle, was injured...
Castle Inspection Service and MS/B Form Strategic Alliance
Oct 24 2005 // Partnership Means Superior Service for Combined Customer Base Salt Lake City, Utah and Los Angeles – Castle Inspection Service (Castle) and Marshall & Swift / Boeckh (MS/B), an MDA company, are pleased to...
IBC Reacts to Consumer’s Assn. Charges of Auto Rate Discrepancies
Oct 21 2005 // Bruce Cran, the president of Canada’s Consumers’ Association, is not one of the Insurance Bureau of Canada’s (IBC) favorite people. He recently compounded that animosity in a press release in which he...
Canadian Insurers Launch Toll-Free Crime Hotline for Consumer Tips
Oct 12 2005 // A bulletin from the Insurance Bureau of Canada gives details of a new anti-crime initiative, designed to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes related...
Best Affirms SGI Canada, Subs Ratings
Oct 11 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of SGI Canada and the financial strength ratings of “B+” (Very Good) of its subsidiary, SGI Canada...
Canadian Insurers Launch Toll-Free National Insurance Crime TIPS Line
Oct 6 2005 // Canada’s home, car and business insurers announced the launch of a national insurance crime TIPS line to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes...
Wawanesa Insurance Garners Top Ranking in Financial Stability
Oct 4 2005 // The Wawanesa Mutual Insurance Company (Wawanesa), one of Canada’s largest property and casualty insurers, has been ranked first among property and casualty (P/C) insurance companies in Canada in terms of capital and...
Best Affirms Rating for Wawanesa Mutual Insurance Co.
Sep 22 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Wawanesa Mutual Insurance Company (WMIC) (Winnipeg), including its branch, The Wawanesa Mutual Insurance Company, (United States Branch)...
Best Assigns Debt Rating to ING Canada Inc.
Sep 21 2005 // A.M. Best Co. has assigned indicative ratings of “a-” to senior unsecured debt securities, “bbb+” to subordinated unsecured debt securities and “bbb” to class A preferred shares of ING...
Integro (Canada) Appoints Dunn to Manage New Montreal Office
Sep 20 2005 // Integro (Canada) Ltd. announced that it has hired former Willis EVP Robert Dunn to head up its newly-launched Montreal office. He will be responsible for directing the company’s Montreal business strategy and...
Suspects Arrested for Alleged Roles in International Insurance Operation
Sep 5 2005 // Several suspects have been arrested following an investigation by the CDI and the FBI into an international insurance fraud scheme that was allegedly created by a self-described religious organization. The investigation...
California Man Pleads Guilty
Sep 5 2005 // John Arcurio, of Fillmore, California, plead guilty June 22, to two felony counts of workers’ compensation fraud and insurance fraud. Arcurio was arrested in Kern County and transferred to the County of Ventura...
Allied World Announces Three Management Changes
Aug 25 2005 // Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty...
ING Insurance, ING Novex Reimbursing Ontario Clients
Aug 23 2005 // ING Insurance Company of Canada and ING Novex announced that together they are reimbursing 180,000 Ontario clients as a result of the miscalculation of a discount from August 2003 until April of this year. This impacts...
Business Moves
Aug 8 2005 // Berkshire Hathaway, General Electric Omaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia...
Kingsway Sees 10% Gain in Q2
Aug 4 2005 // Canada-based Kingsway Financial Services Inc. announced financial results for the second quarter and six months ended June 30, 2005 (Canadian dollars except where indicated). Q2 2005 Highlights: * Diluted earnings per...
Canadian Auto Insurers, Consumer Group Clash Over Ontario Premiums
Jul 24 2005 // Canada’s auto insurers are disputing a recent study that showed Ontario drivers’ auto insurance rates are as much as 45 percent higher than those for British Columbia motorists. The Insurance Bureau of Canada...
Royal & SunAlliance Canada Adds ING Commercial Marine Business
Jul 14 2005 // ING Canada announced that Royal & SunAlliance Canada (R&SA) has acquired the renewal rights of ING Insurance Company of Canada’s $13-million commercial marine insurance business, effective Sept. 1,...
Best Takes Various Actions on 52 Canadian P/C Insurers
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
