All the headlines from our Canada Topic Page, ordered by recency.
Aug 7 2017 // Economical Insurance has launched cyber coverage that is available to commercial policies to support Canadian businesses in the event of a data breach.Called “EXPERT Cyber,” the Economical product provides...
Aug 4 2017 // A Canadian company that owns a brewery in southern Wisconsin has filed a federal lawsuit alleging antitrust violations by two of the world’s largest brewing companies.Mountain Crest says in the suit filed this week...
Aug 4 2017 // Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed.Founded in 1968, GPL is a retail insurance broker offering...
Aug 1 2017 // Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet.Backers say the...
Jul 24 2017 // California Insurance Commissioner Dave Jones, who was a passenger on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport in mid-July, has sent a letter to the airline and three...
Jul 18 2017 // California Insurance Commissioner Dave Jones, who was a passenger last week on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport, has sent a letter to the airline and three...
Jul 18 2017 // A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a...
Jul 17 2017 // Reinsurance specialist Guy Carpenter & Co. has appointed Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the United States and Canada. Most recently, Hettinger was...
Jul 14 2017 // A top California state official said he was a passenger on an Air Canada jet that nearly landed on a taxiway where four other planes were sitting rather than the designated runway at San Francisco International Airport...
Jul 14 2017 // Chubb today has made new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, which serves large U.S.- and Canadian-based companies...
Jul 12 2017 // More than 300 wildfires in British Columbia have forced Canadian lumber mills and an Enbridge Inc. natural gas compressor station to shut as hot, dry weather fans blazes across swaths of western Canada and the U.S.Enbridge...
Jun 26 2017 // Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada.Based on 10,000 simulations of potential...
Jun 21 2017 // Afirm, an H.W. Kaufman Financial Group company specializing in loss control inspections, premium audits and risk mitigation services, announced its expansion to Montreal, Quebec.This marks Afirm’s initial presence in...
Jun 19 2017 // The Arkansas Insurance Department has approved the acquisition of two domestic affiliated companies, Allied World Surplus Lines Insurance (AWSLIC) and Vantapro Specialty Insurance Co., by Swiss and Canadian...
Jun 19 2017 // The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday.FireEye said it believes that...
Jun 19 2017 // Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring...
Jun 9 2017 // Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to...
Jun 9 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of version 17.0 of its North America Earthquake Models for the United States, Canada and Mexico.The updated model will enable RMS...
Jun 8 2017 // Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a public company.Currently, Assurance Economical in Quebec is underwritten by The Missisquoi...
Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...