All the headlines from our Canada Topic Page, ordered by recency.
Apr 9 2007 // The Main Street America Group has promoted Ed Kuhl to executive vice president, chief financial officer, and Dick Schultz to assistant vice president, and appointed Tom Frazier to assistant treasurer.Kuhl joined Main...
Apr 9 2007 // Marsh Inc. appointed chief operating officers for three of its core business sectors. The executives are: Patricia Hagemann, who has been named chief operating officer of the Americas; David Lessing, chief operating...
Mar 23 2007 // Like many northern New Englanders, Burlington, Vermont contractor Greg Giro likes to make an occasional trip to take in some big-city life in Montreal.But increasingly, they are being targeted by car thieves, say Canadian...
Mar 19 2007 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of “B++” (Good) and assigned a category of “NR-5” (Not Formally Followed) to Canada’s Insurance Corporation of Newfoundland...
Mar 15 2007 // ACE Canada, a division of the ACE Group of Companies, has appointed Karen Barkley as president and chief executive officer. ACE Canada specializes in providing innovative and customized property, casualty and accident and...
Feb 28 2007 // Canada’s Sovereign General Insurance Company and OneBeacon Insurance Company announced the signing of a Strategic Alliance Agreement.The deal will facilitate the “introduction of products to Canada for certain...
Feb 20 2007 // Willis Group Holdings has named Richard T. Hynes President and CEO of Willis Canada succeeding Wole Coaxum. The change becomes effective March 1. Hynes, a native Canadian, has over 25 years of management and industry...
Feb 11 2007 // Goldman Sachs, USI HoldingsBig insurance broker USI Holdings Corp. headquartered in Briarcliff Manor, N.Y., agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs & Co., in a...
Feb 1 2007 // Marsh & McLennan Companies, Inc. (MMC) announced today that Great-West Lifeco Inc., a financial services holding company controlled by Canada-based Power Financial Corp., has signed a definitive agreement to purchase...
Jan 24 2007 // Canada’s Kingsway Financial Services, Inc. has agreed to acquire Mendota Insurance Co., a wholly owned subsidiary of The St. Paul Travelers Companies, Inc. The transaction includes Mendota’s wholly owned...
Jan 19 2007 // Global insurance broker, Willis Group Holdings is strengthening its presence in Montreal, Quebec, Canada with several new appointments. Luc Brunet and Jacques Simard have been named to the positions of Sr. VP and Account...
Jan 12 2007 // The Insurance Bureau of Canada asks the rhetorical question as to whether Canadian drivers are “prepared to give up their cellphones and other distractions while driving?”The IBC noted that “despite the...
Jan 9 2007 // The Bermuda-based ACE Tempest Re Group, an independent division of ACE Limited, announced the establishment of ACE Tempest Re Canada, a wholly owned managing underwriter that will write all lines of property and casualty...
Jan 3 2007 // BB&T Corporation (NYSE:BBT) subsidiary Branch Banking and Trust Company completed its acquisition of insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from Mellon...
Jan 2 2007 // Marsh & McLennan Companies Inc., the nation’s largest insurance broker, has selected a buyer for its Putnam Investments mutual funds and investment management division, according to a report last Friday.Marsh...
Dec 21 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Canada’s Co-operators General Insurance Company. Best also...
Nov 16 2006 // Robert E. Coates Jr., an insurance broker in Pasadena, Calif., for more than 50 years and resident of La Canada Flintridge died Saturday, Nov. 4.A former blimp pilot for the Navy, he joined Jimmy Ingham and Gleeson...
Oct 31 2006 // “During the past 10 years, the Canadian automobile insurance industry’s underwriting results have changed dramatically as reflected by the significant variations in the direct loss ratio,” concludes a...
Sep 19 2006 // The Park Group, international wholesale insurance and reinsurance brokers, has expanded its operations into Canada with the opening of a new office in Toronto concurrent with the formation of Park Re Canada.“The...
Aug 24 2006 // BB&T Corporation principal subsidiary Branch Banking and Trust Company has entered into a purchase agreement to buy insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from...