Latest Canada Headlines

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

Canadian Lab Test Firm, LifeLabs, Pays Ransom After Data Breach

Dec 20 2019 // Lab test provider LifeLabs said Tuesday that it paid a ransom to secure data for Canadians that was stolen in a data breach in late October.Hackers also obtained personal information of an unknown number of the...

Oregon Jury Awards Canadian Couple $9M Verdict in Bike Wreck

Dec 19 2019 // A jury has awarded more than $9 million in damages to a man and woman from Vancouver, British Columbia, who were struck by an 18-wheeler truck while riding their bikes along Interstate 84 in the Columbia River Gorge in...

Industry Balks at Trump Rule to Let States Import Drugs from Canada

Dec 19 2019 // The Trump administration on Wednesday said it is proposing a rule to allow states to import prescription drugs from Canada, advancing a plan announced in July that the president has said will bring cheaper prescription...

Arthur J. Gallagher & Co. Acquires Canada’s SBW Employee Benefits

Dec 18 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Halifax, Nova Scotia-based Sinclair Billard and Weld Ltd., and CJM Solutions + Inc., which do business under the name of...

Insurtech, Data Help Canadian Farmers Cut Lending, Insurance Costs

Dec 12 2019 // Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs.Collecting...

Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers

Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...

Canadian Regulators Approve Genworth Sale of Stake to Brookfield

Dec 9 2019 // Canadian regulators have approved the sale of Genworth Financial Inc.’s majority stake in its Canadian unit to asset manager Brookfield Business Partners, the companies said on Monday.Genworth said in October that...

Gallagher Names Partington CEO of Canadian Brokerage Operations

Dec 6 2019 // Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth...

Berkshire Hathaway Specialty Taps AIG’s Adams as Head of Surety, Canada

Dec 5 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada.In this new role, Adams will establish and expand BHSI’s...

Canada’s Westland Insurance Appoints Fraser as Chief People Officer

Dec 3 2019 // Canadian insurance broker Westland Insurance Group Ltd. has appointed Keri Fraser as its chief people officer (CPO), effective Nov. 12, 2019. Fraser joins Westland from Colliers, where she was vice president Human...

HUB Names Virdi as Chief Cannabis Insurance Sales Officer

Nov 13 2019 // Insurance broker HUB International recently named Jay Virdi as its chief sales officer for its cannabis insurance and risk services in the U.S. and Canada. As chief sales officer, Virdi will focus on further developing...

Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp.

Nov 8 2019 // Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp.Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp. is an...

Kaufman Group, Burns & Wilcox Promote 23 Associates Including D’Antoni

Nov 8 2019 // Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three...

HUB International Acquires Canada’s RBI Advisory Group

Nov 5 2019 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group.Terms of the transaction were not disclosed. Located in Okotoks, Alberta,...

All Members of Canada’s Desjardins Hit by Data Breach: Finance Minister

Nov 4 2019 // A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting government reforms to protect personal information in the Canadian province...

Start-Up Constellation Holdings Has $500M from Canadian Investors to Invest in Insurers

Oct 24 2019 // Constellation Insurance Holdings, founded by industry veteran Anurag Chandra, former CEO of Prosperity Life Insurance Group, has partnered with Canadian institutional investors, Caisse de dépôt et placement du Québec...

Hub International Acquires Canadian Broker PDF Financial Group

Oct 9 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc.Terms of the transaction were not disclosed. Based in Toronto, Ontario, Canada, PDF is an independent...

Hub International Acquires Ontario-Based ProCorp Financial

Oct 7 2019 // Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc.Terms of the transaction were not disclosed. Based in Ottawa, Ontario, Canada, ProCorp Financial is a...

Hurricane Dorian Caused More Than C$105M in Insured Damage to Atlantic Canada

Oct 7 2019 // Hurricane Dorian hit Atlantic Canada on Sept. 7 causing more than C$105 million (US$78.9 million) in insured damage, said Insurance Bureau of Canada, quoting the Catastrophe Indices and Quantification Inc. (CatIQ).*The IBC...

Hub International Buys Canada Employee Benefits Consultant, Regency Advisory Corp.

Oct 3 2019 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the Canadian employee consulting firm, Regency Advisory Corp.Terms of the transaction were not disclosed. Located in Saskatoon,...