Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
IBC Launches Injury Prevention Campaign in North Bay
Feb 7 2005 // Most injuries suffered by Canadians are reportedly preventable, and Insurance Bureau of Canada (IBC) wants to reinforce this message through its month-long sponsorship of Injury Prevention Month in North Bay. IBC will...
Barriers Remain for Commercial Traffic Between Mexico and the U.S.
Feb 7 2005 // The North American Free Trade Agreement, signed in 1992 by the United States, Canada and Mexico, was implemented in an effort to eliminate or reduce trade barriers between the three participating countries. In the area of...
Best Affirms St. Paul Guarantee (Canada) Rating; Withdraws Travelers Canada Rating
Jan 7 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Toronto, Canada-based St. Paul Guarantee Insurance Company. At the same time Best withdrew the financial strength...
Allianz Global Canada Receives Provincial Approvals
Jan 7 2005 // Allianz Global Risks Canada, formerly a division of Allianz Insurance Company of Canada, announced that it has received provincial regulatory approvals to operate as a licensed branch of Allianz Global Risks US Insurance...
Best Affirms Swiss Re (Canada) Ratings
Dec 28 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Toronto-based Swiss Reinsurance Company Canada, and has assigned an issuer credit rating of “aa”. The...
S&P Revises Lindsey Morden Outlook to Stable from Negative; Affirms ‘B’ Rating
Dec 23 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Canada’s Lindsey Morden Group Inc. (LMG) to stable from negative. S&P also said that it has affirmed...
Best Affirms SCOR Canada ‘B++’ Rating
Dec 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of SCOR Canada Reinsurance Company, and has assigned the company an issuer credit rating of “bbb+.”...
A.M. Best Special Report Says Canadian Group Accident and Sickness Writers Get Bigger
Dec 20 2004 // The consolidation within the group accident and sickness market has created integration challenges for the surviving group accident and sickness writers, according to a special report by the A.M. Best Co. The Canadian life...
Actuaries Address Concerns Over Professions Integrity
Dec 10 2004 // The actuarial profession in several countries is developing new rules and standards to affirm its integrity and competence to the public, said international representatives at the Casualty Actuarial Society (CAS) annual...
ING Canada Closes Allianz P/C Acquisition
Dec 10 2004 // ING Canada and Allianz Group have closed their previously announced definitive share purchase agreement for the acquisition by ING Canada of Allianz’ Canadian P/C operations. “Under the terms of the agreement,...
Keeping Up with Insurance Brokerage Investigations
Dec 6 2004 // Recent Key Developments in Ongoing Probes of Marsh, Other Brokers and Insurers Marsh ‘Hopeful’ of Quick Settlement Marsh & McLennan has been in constant contact and cooperation with New York Attorney Eliot...
Best Places St. Paul/Travelers Canadian Guarantee Subs Under Review
Dec 3 2004 // In a brief announcement A.M. Best Co. said it has placed the financial strength ratings of “A” (Excellent) and “A+” (Excellent) of St. Paul Guarantee Insurance Company (Toronto) and Travelers...
S&P Lowers Canada’s Gore Mutual Ratings to ‘BBpi’
Dec 3 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Gore Mutual Insurance Co. to ‘BBpi’ from ‘BBBpi’ (the...
Speakers Highlight Problems Faced in 2004; Goals for 2005 at IBC Annual General Meeting
Dec 2 2004 // The members who attended the Insurance Bureau of Canada’s annual general meeting yesterday, Dec.1, heard President and CEO Stan Griffin describe a difficult year for the country’s insurers, followed by outgoing...
People & Places
Nov 22 2004 // Tom Weigley Portland, Ore.-based Heffernan Insurance Brokers announced the appointment of Tom Weigley as assistant vice president of its Portland office. Weigley will specialize in development of large accounts within the...
GE Insurance Solutions Details Additions to Global Management Staff
Nov 18 2004 // GE Insurance Solutions has announced the addition of expertise to its Property Insurance & Services, Global Asset Protection business unit. Field Operations Leader Tim Heinze said the unit has had a “great...
Canadian P&C Insurance Industry Promises to Unveil Disclosure Plan Today
Nov 12 2004 // On November 12, 2004, insurance industry representatives will unveil what they say is a plan to demonstrate the industry’s commitment to ensuring that Ontario consumers enjoy the highest level of transparency and...
Canadian Insurance Industry Announces Disclosure Plan
Nov 12 2004 // The Insurance Bureau of Canada today revealed details of a plan to provide enhanced clarity and access to information in insurance sales and service. Components of the plan include a Code of Consumer Rights and...
ASCnet Conferees Hear How to Manage a Profitable Business
Nov 8 2004 // The latest technologies to allow independent agents and brokers to efficiently manage and ensure a profitable business were presented to more than 1,800 conferees attending the Applied Systems Client Network’s...
ASCnet Conferees Hear How to Manage a Profitable Business
Nov 8 2004 // The latest technologies that allow independent agents and brokers to efficiently manage and ensure a profitable business were presented to more than 1,800 conferees attending the Annual Technology, Education and Networking...
