Canada News

Willis HRH Announces New Executive Appointments

Willis HRH, the North American unit of Willis Group Holdings, announced a series of senior leadership appointments that the company says will drive growth and innovation in key areas of its retail brokerage business. With the merger of Willis and …

Surgical Checklist Significantly Reduces Deaths and Complications: Study

An international pilot study involving the Toronto General Hospital (TGH), a teaching hospital affiliated with the University of Toronto, and other hospitals from around the world, has found that using a Surgical Patient Safety Checklist significantly reduces surgical complications and …

Vermont to Issue Enhanced Drivers’ Licenses Next Month

The state of Vermont is planning to begin issuing enhanced driver’s licenses on Feb. 17. The new licenses will allow holders to cross the United States-Canada border without a passport or other supporting documents. The new licenses are designed to …

BMO Financial Agrees to Buy AIG Life of Canada for $308 Million

American International Group, Inc. (AIG) announced today an agreement to sell AIG Life Insurance Co. of Canada to BMO Financial Group. Under the terms of the transaction, BMO will acquire AIG Life of Canada for approximately C$375 million (or approximately …

Aon Consulting Hires Global Benefits Practice Leader for Americas Team

Aon Consulting Worldwide, the global human capital consulting organization of Aon Corp., announced that Francois Choquette has joined the Global Benefits practice as senior vice president and leader of the Americas team, which covers the United States, Canada and Latin …

Zurich Names Sagalow as Chief Innovation Officer

Zurich North America named Ty R. Sagalow as executive vice president and chief innovation officer in the company’s North America Commercial Marketing unit. In his new position, Sagalow will oversee all of North America Commercial’s strategic product development initiatives in …

AFCO Credit Corp. to Acquire U.S. Operations of Cananwill

AFCO Credit Corp. has plans to buy the domestic operations and assets of the premium finance business of Cananwill from Aon Corp. Glenview, Ill.-based Cananwill provides insurance premium financing for commercial property and casualty policies. It was founded in 1937. …

Zurich N.A. Names Dunai to Lead Environmental Unit

Zurich North America appointed Julie Dunai as head of its Environmental unit. In this role, Dunai will oversee all aspects of the unit’s operations, which deliver insurance solutions addressing professional liability and environmental risk. Dunai brings more than 19 years …

Huebel Named Catlin Canada Chief Underwriter

Catlin Canada Inc., the Canadian operating unit of the Bermuda-based Catlin Group Limited, announced that David Huebel joined the company on January 5, 2009, as Chief Underwriting Officer. He will be based in the Toronto office and “will be responsible …

Best Sees No Rating Change for Munich Re from HSB Acquisition

A.M. Best Co. has commented that the financial strength rating (FSR) and issuer credit ratings (ICR) of Munich Reinsurance Company and its subsidiaries are unchanged following its agreement to acquire specialty insurer HSB Group, Inc. from the American International Group …