All the headlines from our Canada Topic Page, ordered by recency.
Oct 21 2005 // Bruce Cran, the president of Canada’s Consumers’ Association, is not one of the Insurance Bureau of Canada’s (IBC) favorite people. He recently compounded that animosity in a press release in which he...
Oct 12 2005 // A bulletin from the Insurance Bureau of Canada gives details of a new anti-crime initiative, designed to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes related...
Oct 11 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of SGI Canada and the financial strength ratings of “B+” (Very Good) of its subsidiary, SGI Canada...
Oct 6 2005 // Canada’s home, car and business insurers announced the launch of a national insurance crime TIPS line to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes...
Oct 4 2005 // The Wawanesa Mutual Insurance Company (Wawanesa), one of Canada’s largest property and casualty insurers, has been ranked first among property and casualty (P/C) insurance companies in Canada in terms of capital and...
Sep 22 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Wawanesa Mutual Insurance Company (WMIC) (Winnipeg), including its branch, The Wawanesa Mutual Insurance Company, (United States Branch)...
Sep 21 2005 // A.M. Best Co. has assigned indicative ratings of “a-” to senior unsecured debt securities, “bbb+” to subordinated unsecured debt securities and “bbb” to class A preferred shares of ING...
Sep 20 2005 // Integro (Canada) Ltd. announced that it has hired former Willis EVP Robert Dunn to head up its newly-launched Montreal office. He will be responsible for directing the company’s Montreal business strategy and...
Sep 5 2005 // Several suspects have been arrested following an investigation by the CDI and the FBI into an international insurance fraud scheme that was allegedly created by a self-described religious organization.The investigation and...
Sep 5 2005 // John Arcurio, of Fillmore, California, plead guilty June 22, to two felony counts of workers’ compensation fraud and insurance fraud. Arcurio was arrested in Kern County and transferred to the County of Ventura...
Aug 25 2005 // Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty...
Aug 23 2005 // ING Insurance Company of Canada and ING Novex announced that together they are reimbursing 180,000 Ontario clients as a result of the miscalculation of a discount from August 2003 until April of this year. This impacts...
Aug 8 2005 // Berkshire Hathaway, General ElectricOmaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia...
Aug 4 2005 // Canada-based Kingsway Financial Services Inc. announced financial results for the second quarter and six months ended June 30, 2005 (Canadian dollars except where indicated).Q2 2005 Highlights: * Diluted earnings per share...
Jul 24 2005 // Canada’s auto insurers are disputing a recent study that showed Ontario drivers’ auto insurance rates are as much as 45 percent higher than those for British Columbia motorists.The Insurance Bureau of Canada...
Jul 14 2005 // ING Canada announced that Royal & SunAlliance Canada (R&SA) has acquired the renewal rights of ING Insurance Company of Canada’s $13-million commercial marine insurance business, effective Sept. 1,...
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
Jul 4 2005 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
Jun 29 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings (FSR) of “A-” (Excellent) and has assigned issuer credit ratings (ICR) of “a-” to the companies comprising Canada’s...
Jun 29 2005 // Export Development Canada (EDC), Canada’s export credit agency, and the Canadian arm of Compagnie Française d’Assurance pour le Commerce Extérieur SA (Coface), an international business-to-business trade...