Latest Canada Headlines

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

Canada’s Fairfax to Acquire London-Based Brit for $1.88 Billion

Feb 17 2015 // Fairfax Financial Holdings, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for some $1.88 billion to become one of the top five underwriters on the...

Berkshire Hathaway Names Sorsak to Lead Canada Property, Energy Claims

Feb 12 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Amanda Sorsak to lead its Property & Energy Claims operation in Canada. She was previously Executive General Adjuster at Allianz Global...

Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million

Feb 5 2015 // Intact Financial Corp, Canada’s largest property and casualty insurer, reported a near-doubling in quarterly profit, boosted by strong growth in underwriting income.The company’s net income rose to C$205...

Allied World Launches Primary General Liability Coverage in Canada

Feb 4 2015 // Allied World Assurance Company Holdings, AG announced that Allied World North America has launched primary general liability coverage for the Canadian market. The bulletin said the “new primary general liability team...

Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market

Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors.The unit, Berkshire Hathaway Specialty Insurance,...

Mexican Motor Carriers Can Apply to Cross Border for Long-Haul Trucking

Jan 26 2015 // The U.S. Department of Transportation announced that Mexican motor carriers will soon be able to apply for authority to conduct long-haul, cross-border trucking services in the United States.This marks a milestone in...

Mexican Motor Carriers Can Apply to Cross Border for Long-Haul Trucking

Jan 26 2015 // The U.S. Department of Transportation announced that Mexican motor carriers will soon be able to apply for authority to conduct long-haul, cross-border trucking services in the United States.The policy change marks a...

Kaufman Financial Acquires Canadian MGA Avec Insurance Managers

Jan 13 2015 // Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group, announced it has acquired Avec Insurance Managers, a Toronto-based managing general agent with expertise in marine, inland marine and other specialty...

2015 Insurance Industry Meetings & Conventions Directory

Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...

Canada’s Cowan Insurance Group Acquires The Williamson Group

Jan 6 2015 // Cowan Insurance Group, a Canadian insurance brokerage and consulting operation, has acquired The Williamson Group, a financial services company focused on providing employer sponsored benefits, pensions and disability...

CNA Expands Specialty Lines Business in Canada

Jan 5 2015 // CNA announced that its $2.9 billion Specialty Lines business, specializing in professional and management liability, financial and other specialized property and casualty insurance products and services, will begin...

High Cost Hinders Progress of Carbon Capture As Climate-Change Fix

Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere.The second idea,...

Integro Acquires Canadian Broker Finning Insurance Services

Dec 9 2014 // International insurance brokerage and risk management firm Integro announced it has acquired the assets of Finning Insurance Services (FIS), an insurance brokerage business, from Finning International Inc.Financial details...

Hub International Acquires Canada-Based MGA Partners

Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...

World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord

Dec 1 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord.The same report says that the...

Reports: Wisconsin Train Derailment Caused by Human Error

Nov 25 2014 // A two-train collision and derailment last July in southeastern Wisconsin was caused by human error when the rear of a freight train was unintentionally backed onto another rail line, according to reports submitted to...

Allied World Launches Network Security Insurance Product for Canada

Nov 25 2014 // Allied World Assurance Company Holdings AG announced the launch of Allied World North America’s privacy and network security insurance product, called Privacy//101SM, which is tailored for the Canadian...

Allied World Offers D&O Policy in Canada, Addressing Coverage Gaps

Nov 19 2014 // Allied World North America has launched the Executive ForceFieldproduct, a policy specifically developed to address coverage gaps for directors and officers of publicly traded companies in the Canadian market.This upgraded...

World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord

Nov 12 2014 // The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord.The same report says that the...

Canadian P&C Insurer Intact Financial’s 3rd Quarter Profit Rises

Nov 5 2014 // Intact Financial Corp., Canada’s largest property and casualty insurer, reported a more than four-fold rise in quarterly profit, helped by a sharp fall in catastrophe losses.The company’s profit last year was...