All the headlines from our Canada Topic Page, ordered by recency.
Sep 11 2019 // AXA XL has launched a local captive practice in Canada which will be led by expert Alonso Y. Tello.Tello’s appointment is part of AXA XL’s continued growth to bring in expertise and expand the group’s...
Sep 5 2019 // The cannabis market in North America will be worth $47.3 billion by 2024, a new report shows.The report out this week paints a positive portrait of the cannabis industry in the U.S. and Canada that “is growing at an...
Sep 5 2019 // insurance broker Marsh announced senior leadership appointments within its Property and Financial and Professional Liability (FINPRO) Practices.Michael Rouse has assumed leadership of Marsh’s U.S. Property Practice....
Aug 30 2019 // Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc.Financial details of the deal were not disclosed. The brokerage’s portfolio includes...
Aug 26 2019 // Canadian broker Westland Insurance Group Ltd. announced the acquisition of First West Insurance Services, a subsidiary of First West Credit Union, effective Sept. 30, 2019.Financial details of the transaction were not...
Aug 16 2019 // AXA XL has added Jennifer Arezes to its property insurance team in Canada. Arezes is based in Toronto and will work alongside Ian Rutherford, head of Property, Canada and Urs Uhlmann, CEO and country manager AXA XL, Canada...
Aug 13 2019 // Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group...
Aug 13 2019 // Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a data privacy breach earlier this year that exposed personal information of 2.9 million members.The...
Aug 8 2019 // A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from...
Jul 29 2019 // Capital One Financial Corp. said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained...
Jul 26 2019 // A Canadian children’s entertainment company is suing an Oklahoma medical cannabis dispensary chain accusing it of copyright infringement.The Tulsa World reports that Nelvana Enterprises Inc.’s suit filed in...
Jul 24 2019 // Navacord, the Ontario-based commercial broker, has joined global broking business Brokerslink as the network’s latest affiliate in the North American region.Navacord, which trades under 15 different broker partner...
Jul 24 2019 // There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were...
Jul 12 2019 // New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd.Financial details of the transaction, which closed on July 2, were not disclosed. Based...
Jul 1 2019 // About 13,700 gallons of sulfuric acid has spilled from one of about 40 freight train cars that derailed in an international tunnel connecting Michigan and Canada.Canadian National Railway spokesman Jonathan Abecassis says...
Jun 21 2019 // Desjardins Group, the largest financial co-operative in North America, said an “ill-intentioned” employee illegally exposed the personal information of some 2.9 million credit union members in one of...
Jun 18 2019 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has acquired Toronto-based Catastrophe Indices & Quantification Inc. (CatIQ).Financial details of the deal were...
Jun 14 2019 // Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS global head of Marine....
Jun 14 2019 // Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China.China halted purchases of Canadian canola in...
Jun 12 2019 // Insurance broker Hub International Ltd. announced it has acquired Porchlight Financial, based in Vancouver, British Columbia.Terms of the transaction were not disclosed. Porchlight Financial is a full-service group...