Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Rankin New Integro Canada Chairman; Formerly Worked at Marsh Canada
Feb 2 2006 // Integro CEO Roger Egan reported that Sheldon Rankin, 69, former Chairman and CEO of Marsh Canada, has been named Chairman of Integro Canada Ltd. In announcing the appointment, Egan stated, “We at Integro are proud...
Best Takes Various Rating Actions on R&SA’s Canada Group Subsidiaries
Jan 20 2006 // A.M. Best Co. has made several announcements concerning its ratings on Royal & Sun Alliance’s Canadian operations. Best affirmed the financial strength ratings (FSR) of “A-” (Excellent) of Royal...
Benfield Opens Calgary Office Headed by Cutfield
Jan 19 2006 // Benfield Corporate Risk has opened a new office in Calgary, Canada. Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Richard has 25 years experience in the insurance market and was...
Ind. Farm Bureau Insurance Co. Supports Victims of Fraud: Agent Arraigned this Week
Jan 13 2006 // Indiana Farm Bureau’s Chief Executive Officer, Jerry Canada, recently voiced the company’s steadfast commitment to continue to work with investigators as well as to support policyholders who were victims of...
IBC Picks Canada’s 2005 “Top Ten” Insurance Crimes
Dec 21 2005 // The Insurance Bureau of Canada has released its annual Top Ten Insurance Crimes list, which highlights “some of the strangest and most audacious insurance frauds and auto theft cases uncovered by insurance...
S&P Assigns ACE INA Insurance (ACE Canada) ‘A’ Rating
Dec 12 2005 // The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and financial strength ratings to ACE INA Insurance (ACE Canada), with a...
New Report Outlines Answers for Challenges in Atlantic Provinces
Dec 7 2005 // The Atlantic Task Force on Insurance Availability and Affordability released its final report at a media conference recently in Halifax, Canada. The report, which makes a number of concrete recommendations intended to help...
Ohio Supreme Court OKs Geographic Limitations on UM Coverage
Nov 6 2005 // The Ohio Supreme Court handed down an opinion on Oct. 12 holding that the former uninsured motorist (UM) law did not prohibit insurers from limiting the geographic scope of UM coverage and that the State Farm policy in...
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...
