All the headlines from our Canada Topic Page, ordered by recency.
Jun 5 2012 // Insurance software firm Applied Systems Inc. has acquired Compu-Quote Inc., a Canadian comparative insurance rating company. “The acquisition of Compu-Quote establishes Applied Systems as the leading provider of...
Jun 4 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...
Jun 4 2012 // Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty Canada, LLC, will make similar coverage available to all brokers in Canada. The...
May 23 2012 // Frank Crystal & Co., an independent insurance brokerage firm, has formed an exclusive cooperation with P.L. Ferrari & Co. to launch a new U.S.-based marine insurance practice. A European-based insurance broker...
May 21 2012 // Americans love their sports and entertainment, and right now so does the insurance industry. Insurers are renewing their focus on this class where they see potential, even in the midst of what seems like a never-ending...
May 15 2012 // If European countries are not prepared to bail out fellow euro zone members, maybe they should just abandon the whole concept of a common currency, Canadian Finance Minister Jim Flaherty said on Monday in some of his most...
May 11 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc....
May 4 2012 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Fairfax Financial Holdings Limited. Best also affirmed the financial strength rating...
Apr 27 2012 // The Montana Supreme Court did not immediately rule after hearing competing arguments from a Hutterite colony and the state on whether Montana’s requirement that employers carry workers’ compensation insurance...
Apr 24 2012 // The ACE Group has announced new leadership appointments in its Canadian operations.Andrew Hollenberg, Regional Senior Vice President, Accident & Health (A&H) and Life for ACE Europe, has been appointed Country...
Apr 12 2012 // Novato, Calif.-based Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty have created an experienced underwriting team to further expand its entertainment division and...
Apr 11 2012 // Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty, an Allianz affiliate company in Canada, has added an underwriting team to further expand its entertainment division and...
Apr 10 2012 // Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in order to provide “additional data storage for the growing number of insurance brokers who...
Apr 3 2012 // This year’s frenzy of oil and gas exploration in newly accessible Arctic waters could be the harbinger of even starker changes to come.If, as many scientists predict, currently inaccessible sea lanes across the top...
Mar 22 2012 // A.M. Best Co. has assigned a debt rating of “a+” to the recently issued CHF 320 million [$350 million] 7.25 percent perpetual subordinated notes with a stock settlement issued by Swiss Reinsurance Company Ltd.,...
Mar 19 2012 // Arthur J. Gallagher & Co. announced the acquisition of BenefitLink Resource Group, Inc., in Calgary, Canada.Terms of the transaction were not disclosed. The bulletin said BenefitLink was established in 2001, as an...
Mar 13 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Royal & Sun Alliance Insurance Company of Canada (RSA Canada) and...
Mar 12 2012 // Canada’s three biggest tobacco companies, all with multinational parents, face C$27 billion (US$27.20 billion) in damages and penalties as the largest civil lawsuit in the country’s history gets underway on...
Feb 23 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the...
Feb 6 2012 // Arthur J. Gallagher, RileyArthur J. Gallagher & Co. said it has acquired Riley & Associates Inc. in Mt. Pleasant, South Carolina. Terms of the transaction were not disclosed. Riley & Associates Inc. is a...