Latest Canada Headlines

All the headlines from our Canada Topic Page, ordered by recency.

Canada Lays New Charges Against Railway in Lac-Megantic Derailment

Jun 23 2015 // The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its president, Robert...

BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

Jun 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension...

Alberta Wildfires Burn for 6th Day, 10% of Oil Sands Crude Offline

May 29 2015 // Firefighters battled wildfires in northern Alberta, Canada’s biggest crude-producing region, for a sixth day on Thursday, with two blazes near oil sands facilities still out of control. The wildfires have forced...

Wildfires in Northern Alberta Continue to Disrupt Oil Sands Production

May 27 2015 // Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day [on Tuesday] as Bank of America Corp. warned the blazes may slow the economy. A fire at Cold Lake Weapons...

Berkshire Hathaway Specialty Names Emerson to Head Liability Claims in Canada

May 21 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has named Paul Emerson as head of liability claims in Canada. Emerson comes to BHSI from the law firm of Clyde & Co Canada LLP. “As an attorney with extensive...

Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada

May 20 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI...

Aon Benfield Launches Canada Flood Model to Help Manage Exposures

May 18 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and...

Incoming President Ware Talks About Canadian Expansion & Why AAMGA Is More Than MGAs

May 18 2015 // The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada. The Canadian organizations sought to become part of the...

Allianz Global Corporate & Specialty Names Kadow as Chief Agent for Canada

May 13 2015 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has appointed Ulrich Kadow as chief agent for Canada effective immediately. Based in Toronto, Kadow will lead...

Oil Train Derails, Catches Fire in North Dakota

May 7 2015 // A BNSF train carrying crude oil owned by Hess Corp derailed and caught fire in North Dakota on May 6, forcing the evacuation of a nearby small town just days after the United States and Canada announced reforms to improve...

U.S., Canada Agree on Oil Train Safety Mandates

May 5 2015 // Almost two years after an unattended oil train derailed and exploded in Quebec, killing 47 people, the U.S. and Canadian governments jointly set new rules designed to reduce the risks of hauling crude by rail. Newly built...

Canadian Oil Trains Shift to Carry Less-Volatile Crude

May 5 2015 // A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than...

U.S., Canada Ready Oil Train Safety Measures

May 1 2015 // Canada’s transport minister will be in Washington on Friday for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically sensitive issue on...

Guy Carpenter Launches G-CAT® Canada Flood Model

Apr 16 2015 // Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently...

Canada Aims to Finalize Oil Tank Car Standards by End of April: Minister

Apr 8 2015 // The Canadian government would like to finalize specifications for a new version of the tank cars used to transport crude oil by rail by the end of this month, Canadian Transport Minister Lisa Raitt said on Tuesday. In the...

Berkshire Hathaway Specialty Expands D&O Policies to Canada

Apr 8 2015 // Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability...

Hub International Acquires Assets of Canada’s Cortex Financial

Apr 7 2015 // Hub International Limited announced that its subsidiary Hub Financial Inc. has acquired the assets of Cortex Financial, a Thornhill, Ontario-based managing general agency. Hub said the acquisition broadens its...

ACE Launches High Net Worth Personal Insurance Business in Canada

Apr 7 2015 // ACE Group has launched its high net worth personal insurance capabilities in Canada through ACE Private Risk Services. ACE’s program features a highly customizable and specialized package of policies that can include...

Hub International Acquires Two Canadian Home Warranty Providers

Apr 6 2015 // Chicago-based Hub International Limited announced that it has acquired Progressive Home Warranty, based in Edmonton, Alberta, and Pacific Home Warranty, based in Surrey, British Columbia. The two companies provide home...

Zurich Canada Launches Drone Insurance Product for Corporate Clients

Apr 2 2015 // Zurich Canada announced that it has “launched a new insurance product that will help its customers across a range of industries take advantage of the risk mitigation and cost saving opportunities available through...