All the headlines from our Canada Topic Page, ordered by recency.
Jul 15 2021 // Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada to help protect businesses with enhanced coverage.With the coverage, Coalition...
Jul 13 2021 // TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for...
Jul 12 2021 // OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a blaze wiped out the town of Lytton, British Columbia, and killed two people earlier this month.The order...
Jul 12 2021 // June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe...
Jun 15 2021 // This wrap-up of international People Moves details recent appointments at reinsurance brokers Guy Carpenter & Co. and Lockton Re and insurer Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires...
Jun 7 2021 // Lloyd’s insurer Argo Group has decided to stop insuring Canada’s Trans Mountain tar sands pipeline when its current insurance policy expires on Aug. 31, 2021, following similar moves by other companies such as...
Jun 4 2021 // Economical Insurance has introduced Vyne Commercial, a new digital platform and an expanded product offering, which is designed to simplify the process of insuring small businesses.Broker partners will be able to instantly...
Jun 4 2021 // Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance.Toronto-based Ratehub, which operates the financial product comparison site Ratehub.ca, said the launch brings the...
Jun 3 2021 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Global Credit Risk Management Inc. (GCRM).Terms of the transaction were not disclosed. With a national presence and offices located in...
Jun 3 2021 // SCOR announced that Olivier Gay has been appointed chief executive officer for SCOR Canada Reinsurance Co., succeeding Paul Christoff, effective June 11, 2021.Gay will continue to serve as chief underwriting officer for...
Jun 1 2021 // The Biden administration is urging a federal court to dismiss a lawsuit that could stand in the way of states like Florida in allowing prescription drugs to be imported from Canada.In a legal brief filed Friday, the White...
May 21 2021 // Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the...
May 19 2021 // A storm that moved across eastern Canada from March 26-29 brought heavy rain and strong winds, causing C$50 million (US$41.5 million) in insured damage, according to initial estimates from Catastrophe Indices and...
May 13 2021 // This wrap-up of international People Moves details recent appointments at AXA XL and MS Amlin.AXA XL announced that it has added five Toronto-based underwriters to strengthen its casualty, professional liability and...
May 11 2021 // SCB was founded in 2014 and is headquartered in Toronto, Ontario. SCB is Canada’s largest independent benefit consulting firm that specializes in servicing high-growth small-to-medium size businesses. SCB offers its...
May 6 2021 // OTTAWA – Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of...
Apr 21 2021 // GroupAssur, a Canadian managing general agent (MGA), specializing in property/casualty insurance lines, announced it has merged with Evolution Insurance, an MGA and wholesaler specializing in complex risks that offers its...
Apr 9 2021 // Hub International Ltd., a Chicago-based insurance broker, announced that it has acquired Wessex Financial Inc. in Canada.Terms of the transaction were not disclosed. Located in Calgary, Alberta, Canada, Wessex Financial is...
Mar 24 2021 // Canada’s Constellation Insurance Holdings, Inc. has agreed to acquire Cincinnati-based life and disability insurer Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services,...
Mar 18 2021 // Roanoke Insurance Group is expanding to Canada to provide insurance and surety bonds to companies involved in logistics, transportation and shipping. The new entity, Roanoke Insurance Group Canada, Inc., (RIG CA), is an...