All the headlines from our Canada Topic Page, ordered by recency.
Sep 12 2024 // With summer drawing to a close in Canada, the 2024 wildfire season is shaping up as one of the most destructive on record, largely due to the devastation caused by a blaze that ripped through a tourist town in the Canadian...
Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, USBMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS Re, U.S.,...
Sep 10 2024 // Privilege Underwriters Reciprocal Exchange (PURE) is for the first time going international with an expansion into Canada.The reciprocal exchange will start serving high net worth clients in Ontario with homeowners...
Sep 9 2024 // With its vast expanses of forest, Canada has the most “certified” sustainable timber operations of any nation, according to the nonprofit organizations that attest to the environmental soundness of logging...
Sep 6 2024 // Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive, said the bank was trying to “manufacture” a reason to get...
Sep 6 2024 // Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims than the 20-year average, reported the Insurance Bureau of Canada.About 228,000 home,...
Sep 3 2024 // Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with severe flooding in major cities.Insured losses from natural disasters averaged C$2.2...
Sep 3 2024 // Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and...
Aug 28 2024 // This summer’s devastating wildfire in Jasper, Canada resulted in more than C$880 million (US$653.4 million) in insured damage, according to the Insurance Bureau of Canada (IBC), quoting data provided by Catastrophe...
Aug 22 2024 // Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight...
Jul 29 2024 // JASPER, Alberta (AP) — A wildfire that has destroyed hundreds of structures in the town of Jasper is the largest blaze recorded in Jasper National Park in a century and could still be burning months from now, a Parks...
Jul 26 2024 // A raging wildfire has devastated the western Canadian tourist town of Jasper, potentially destroying up to 50% of structures, and firefighters were trying Thursday to save as many buildings as possible, authorities...
Jul 24 2024 // Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak...
Jul 17 2024 // Air Canada may be forced to pay at least C$100 million ($73.2 million) to about 2,200 former workers after a Quebec court issued a ruling in their class-action lawsuit against the airline.The amount would cover lost wages,...
Jul 12 2024 // A ring of wildfires has erupted around Canada’s unofficial oil-sands capital of Fort McMurray, adding new threats to crude production from the world’s third-largest petroleum reserves.Eight out-of-control...
Jul 10 2024 // Canada’s top property and casualty insurers have invested more than C$19.5 billion ($14.30 billion) in fossil fuels production at a time when climate change is driving up risks for the industry, according to a report...
Jul 1 2024 // This edition of International People Moves details appointments at HDI Global and AXA XL.A summary of these new hires follows here. HDI Global Canada Promotes Navarrete to Managing DirectorHDI Global Canada announced the...
Jul 1 2024 // Multiple companies in the United States and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows.The report, Ransomware: A persistent challenge in...
Jun 26 2024 // A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said.“So (this is) very concerning,” Newfoundland and...
Jun 14 2024 // Multiple companies in the U.S. and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows.The report, Ransomware: A persistent challenge in cyber...