Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Wisconsin Brewer Files Suit Against 2 Large Brewing Companies
Aug 4 2017 // A Canadian company that owns a brewery in southern Wisconsin has filed a federal lawsuit alleging antitrust violations by two of the world’s largest brewing companies. Mountain Crest says in the suit filed this week...
Arthur J. Gallagher & Co. Buys Canadian Broker GPL Assurance
Aug 4 2017 // Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering...
Climate Engineering Companies Aim to Curb Global Warming with Science
Aug 1 2017 // Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet. Backers say the...
California Commissioner Wants Investigation Following Airline Near Miss
Jul 24 2017 // California Insurance Commissioner Dave Jones, who was a passenger on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport in mid-July, has sent a letter to the airline and three...
California Commissioner Wants Investigation Following Airline Near Miss
Jul 18 2017 // California Insurance Commissioner Dave Jones, who was a passenger last week on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport, has sent a letter to the airline and three...
Insured Losses from Central Alberta Storm Estimated at US$23.7M
Jul 18 2017 // A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a...
Guy Carpenter Names Hettinger to Lead U.S., Canada Advisory Services
Jul 17 2017 // Reinsurance specialist Guy Carpenter & Co. has appointed Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the United States and Canada. Most recently, Hettinger was...
California Commissioner Was Passenger on Jet That Nearly Landed on Taxiway
Jul 14 2017 // A top California state official said he was a passenger on an Air Canada jet that nearly landed on a taxiway where four other planes were sitting rather than the designated runway at San Francisco International Airport...
Chubb Names New Leadership in Casualty Major Accounts for North America
Jul 14 2017 // Chubb today has made new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, which serves large U.S.- and Canadian-based companies...
300-Plus Canadian Wildfires Force Closures of Lumber Mills, Natural Gas Facility
Jul 12 2017 // More than 300 wildfires in British Columbia have forced Canadian lumber mills and an Enbridge Inc. natural gas compressor station to shut as hot, dry weather fans blazes across swaths of western Canada and the...
AIR Worldwide Launches Crop Hail Model for Canada
Jun 26 2017 // Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of potential...
H.W. Kaufman Financial’s Loss Control Unit, Afirm, Opens Montreal Office
Jun 21 2017 // Afirm, an H.W. Kaufman Financial Group company specializing in loss control inspections, premium audits and risk mitigation services, announced its expansion to Montreal, Quebec. This marks Afirm’s initial presence...
Arkansas Insurance Regulators OK Allied World, Vantapro Specialty Acquisition
Jun 19 2017 // The Arkansas Insurance Department has approved the acquisition of two domestic affiliated companies, Allied World Surplus Lines Insurance (AWSLIC) and Vantapro Specialty Insurance Co., by Swiss and Canadian...
Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye
Jun 19 2017 // The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday. FireEye said it believes that...
Arch Re’s Canada Branch Names Aon Benfield’s Dagneau as CEO
Jun 19 2017 // Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report
Jun 9 2017 // Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to...
RMS Releases Updated N. America Earthquake Models for U.S., Canada & Mexico
Jun 9 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of version 17.0 of its North America Earthquake Models for the United States, Canada and Mexico. The updated model will enable RMS...
Canada’s Economical Simplifies Business Structure as It Gets Ready to Go Public
Jun 8 2017 // Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a public company. Currently, Assurance Economical in Quebec is underwritten by The Missisquoi...
Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power
Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...
CNA Canada Relocates Vancouver Branch
Jun 1 2017 // CNA Canada announced its Vancouver Branch has moved to a new location. The new address is 510 W. Georgia St., Suite 2250, Vancouver, BC V6B 0M3. The company said that its phone numbers will remain the same. “The new...
