Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
BNSF Looks to Resume Service in Iowa After Derailment
Jun 26 2018 // BNSF Railway Co. on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon,...
Canada’s Western Financial Group Acquires Ontario Broker, Axion Insurance
Jun 25 2018 // Western Financial Group Inc. announced that it has acquired Axion Insurance Services Inc. of Ontario. The acquisition was completed on June 19, 2018 and will add 10 Ontario-based locations and approximately 60 insurance...
U.S. Missing Out on ‘Huge Economic Opportunity’ of Climate Change Fight: Canada
Jun 22 2018 // Canada has an environmental message for Donald Trump: you can’t stop the global campaign against climate change and you will hurt the U.S. by abandoning the battle. Canadian Environment and Climate Change Minister...
Marijuana Sales to Be Legal in Canada Starting in October: Trudeau
Jun 21 2018 // Marijuana sales will become legal in Canada beginning October 17, Prime Minister Justin Trudeau said on Wednesday, making it the first major economy to legalize its recreational use. Stocks of marijuana producers, which...
Canada Set to Legalize Recreational Marijuana
Jun 20 2018 // Canada is set to become the first Group of Seven nation to legalize recreational marijuana after a bill from Justin Trudeau’s government won the backing of the upper chamber. The Senate’s approval in a vote...
Canada on Track to Legalize Marijuana
Jun 8 2018 // Canada’s marijuana legalization took a big step forward as the Senate passed an amended bill, meaning Justin Trudeau’s government can probably finalize the law and open the market in the next few months. Bill...
Ningen Named CEO of Swiss Re Canada
Jun 4 2018 // Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica Scotti, who has been named chairperson for Global Partnerships. Ningen has 20 years...
Canada’s May Windstorm Insured Damage Tops $410 Million
Jun 1 2018 // April showers bring May flowers but in Ontario, the last few months brought a series of severe, and unique, weather events. Insured damage from an early-May windstorm affecting Ontario and parts of Quebec topped $410...
2 Banks Report First Cyber Attack Against Canadian Financial Institutions
May 29 2018 // Bank of Montreal and Canadian Imperial Bank of Commerce said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions...
Microsoft to Extend EU Data Privacy Rights Globally. Facebook, Google Not Quite.
May 24 2018 // Microsoft promised this week to give users worldwide the same data and privacy rights Europeans will get under new regulations there. That’s in contrast to some of its tech rivals, who are hedging on how much privacy...
Canada’s Finance Minister Touts Plan for Pipeline ‘Insurance’
May 18 2018 // Canada’s finance minister said his plan to indemnify Kinder Morgan Inc. against losses on its Trans Mountain expansion project would be carried out in a commercially viable way. Bill Morneau said Thursday the...
Marsh Names Lay as CEO, UK & Ireland; Robson as President & CEO, Marsh Canada
Apr 13 2018 // Marsh announced that Chris Lay will be named CEO of its UK & Ireland region, reporting to Flavio Piccolomini, president of Marsh International, and he will be appointed CEO of Marsh Ltd., all subject to regulatory...
Wawanesa Mutual Names Jardine President of Canadian P/C Operation
Apr 6 2018 // Wawanesa Mutual Insurance Co. announced the appointment of Carol Jardine as president of Wawanesa’s Canadian property and casualty (P/C) operation. Prior to her appointment, Jardine was senior vice president and...
New Endeavor Cyber Product Designed to Protect Manufacturers From Physical Damage
Apr 5 2018 // Delegated authority specialist and Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage program, Ensconce, designed to protect manufacturers from the risk of physical damage caused...
AIG Launches Travel Insurance on Demand App in Canada
Mar 28 2018 // Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their...
Markel Canada Appoints Crozier from Everest as President
Mar 27 2018 // Markel International, the specialist insurance subsidiary of Markel Corp., has appointed David A. Crozier to be president of Markel Canada, its business which operates across the country, with offices in Toronto, Montreal,...
Endeavour Expands Capability of Claims Platform Used by Canadian Coverholders
Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...
Driving in Snow: Difficult for Humans and Driverless Cars
Mar 22 2018 // A Canadian town known for its annual theater festival is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet. But testing...
Odyssey’s Newline Group Opens Unit in Canada with Focus on SMEs
Mar 14 2018 // Newline Group announced the launch of its new service company, Newline Canada Insurance Ltd., based in Toronto. Newline Group is part of the Odyssey Group, a wholly owned subsidiary of Fairfax Financial Holdings. Newline...
XL Catlin Taps Uhlmann from Zurich to Lead Canada Insurance Business
Mar 12 2018 // XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. In his new role, Uhlmann will lead XL Catlin’s regional business strategy and overall insurance operations in Canada. Uhlmann joins XL Catlin...
