All the headlines from our Canada Topic Page, ordered by recency.
Apr 1 2008 // Menu Foods Income Fund said Tuesday that it had reached an agreement in principle to settle lawsuits it is facing over its massive recall of contaminated pet food last year.The company said that parties to the so-called...
Feb 15 2008 // Standard & Poor’s Ratings Services has issued a blanket bulletin outlining the rating actions, which it notes are “mostly unfavorable,” on several U.S. mortgage insurers and their core and dependent...
Feb 10 2008 // The Nonprofits Insurance Alliance Group in Santa Cruz, Calif., appointed Kim Aday to vice president finance/treasurer. Aday joined the group in 1997 in the position of accountant. In early 2001, she was promoted to...
Feb 1 2008 // In the wake of recent skiing and boarding tragedies, the Canadian Ski Patrol System (CSPS) and the Insurance Brokers Association of Canada (IBAC) are advising Canadians to take precautions when skiing and riding this...
Jan 16 2008 // The Insurance Bureau of Canada (IBC) has repeated its long-standing call to the government of Newfoundland and Labrador to remove taxes on insurance premiums.“The people of Newfoundland & Labrador have the...
Jan 8 2008 // Central Europe isn’t the only place in the world that faces earthquake threats (See related article). The Insurance Bureau of Canada has issued a call for the creation of an ongoing working group between the...
Jan 3 2008 // Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments.Marsh said its global insurance broking business will be consolidated into two...
Dec 27 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green...
Dec 11 2007 // Willis Group Holdings has appointed Cees van der Slikke to Executive Vice President of the Company’s Energy Business in Canada, as well as Managing Partner of the Calgary office. He will be responsible for the...
Dec 5 2007 // Canadian commercial insurance broker HKMB International Insurance Brokers (HKMB) has agreed to join with Chicago-based Hub International Limited. HKMB will become a new regional platformand carry on business as HKMB Hub...
Nov 5 2007 // Wayzata, Minn.-based Cargill Inc. says it is recalling more than 1 million pounds of ground beef that may be contaminated with E. coli bacteria, the second time in less than a month it has voluntarily recalled beef that...
Oct 26 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Malaysia’s Labuan Reinsurance Ltd. with a stable outlook. “The...
Oct 19 2007 // Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit and financial strength ratings on Northbridge Financial Corp.’s operating companies–Commonwealth Insurance Co.,...
Oct 18 2007 // The Royal & SunAlliance Canada Group announced that it has entered into an agreement to purchase all of the shares of Canadian Northern Shield Insurance Company (CNS) from The CUMIS Group Limited for approximately $75...
Oct 18 2007 // Zurich Financial Services has announced that Robert Landry will retire as head of its Canadian operations at the end of the year. Alister Campbell, previously Senior Vice President at ING, has been tapped to succeed Landry...
Oct 10 2007 // Dublin’s Research and Markets announced the addition of “Snapshots Canada Insurance 2007” to their offering, as part of the research firm’s “Snapdata” series. “Snapshots Canada...
Oct 8 2007 // Canada’s TD Bank Financial Group reported that it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. in a 25 percent cash and 75 percent stock deal valued at $8.5 billion.If approved, the purchase...
Oct 8 2007 // The Hanover, Professionals DirectThe Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies...
Oct 8 2007 // The Hanover, Professionals DirectThe Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies...
Oct 2 2007 // Canada’s TD Bank Financial Group reports that it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. in a 25 percent cash and 75 percent stock deal valued at $8.5 billion.If approved, the purchase would...