All the headlines from our Canada Topic Page, ordered by recency.
Dec 10 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
Oct 3 2001 // Risk Management Solutions (RMS), a specialist in the area of natural hazard risk modeling, announced the most recent release of its U.S. and Canada Tornado/Hail models for use with RiskLink®-DLM and ALM® catastrophe...
Aug 13 2001 // A.M. Best Co. assigned a FSR of “A” to CGU Insurance Company of Canada (CGU), Scarborough, Ontario, and Elite Insurance Co., Ontario, Canada. A.M. Best also assigned a FSR of “A-” to Scottish and...
Jul 19 2001 // Losses related to auto insurance continue to climb in the Atlantic region of Canada following a report released by The Insurance Bureau of Canada (IBC).According to Don Forgeron, regional vice-president of the IBC, costs...
Jul 18 2001 // AEGON Canada Inc., a member of the international AEGON Group and the parent company of Transamerica Life Canada, reached an agreement to acquire 100 percent of the shares of National Financial Corporation, the parent...
Jun 29 2001 // Canadian insurance broker Hub International Ltd. announced the completion of its acquisition of Kaye Group, Inc., the U.S. property/casualty and benefits broker. Hub, which is 41 percent owned by Canada’s Fairfax...
Jun 20 2001 // Maritime Life, a wholly owned subsidiary of John Hancock Financial Services, announced that it has agreed to buy Royal & Sun Alliance Life Insurance Co. of Canada (aka Royal & SunAlliance Financial) for...
Jun 5 2001 // Chubb Insurance Company of Canada unveiled a secure website for personal lines brokers at Chubb Canada. The company began a pilot phase last December, and the location is now live for Chubb’s Ontario-based brokers....
May 29 2001 // Kingsway Financial Services Inc. announced that it would commence writing non-standard automobile insurance in California, through its wholly owned subsidiary, Lincoln General Insurance Company. The company received...
May 23 2001 // Assurex International, the partnership of independent risk management services and commercial brokers, announced that new members in Kentucky, Minnesota and British Columbia had joined the organization. The group...
May 7 2001 // Canada’s Fairfax Financial Holdings Ltd. reported net income for the first quarter ended March 31 of $30.9 million (or $2.11 per share), down from $35.9 million (or $2.58 per share) for the same period in 2000. The...
Mar 5 2001 // The Economical Insurance Group, the sixth largest property and casualty insurer in Canada, will acquire Hartford Insurance Company of Canada, a subsidiary of The Hartford Financial Services Group. Economical aims to pick...
Mar 5 2001 // The media reports have died down since the Feb. 6 ruling that the United States was in violation of the North American Free Trade Agreement by disallowing Mexican trucks free access to American roadways. The work has just...
Feb 19 2001 // On Feb. 6, a North American Free Trade Agreement arbitration panel upheld an interim ruling opening the United States border to Mexican trucks. Many in the insurance industry say they will cautiously review the changes the...
Feb 12 2001 // A North American Free Trade Agreement arbitration panel is expected to uphold an interim ruling from November allowing Mexican trucks to operate in the United States. Many in the insurance industry say they will cautiously...
Jan 31 2001 // Lloyd’s has named Nicholas Smith as its Attorney in fact in Canada for Lloyd’s Underwriters effective June 1, 2001. He will succeed Mark J. Oppenheim CA, who has filled the position since 1992. Smith, who...
Jan 10 2001 // The Canadian subsidiary of the U.K.’s Standard Life Assurance Co. has begun an investigation into allegations that it charged some policy holders “miscellaneous fees” without informing them.The review...
Dec 27 2000 // In accordance with its plans to concentrate on p/c insurance in Canada, CGNU, the U.K.’s largest p/c insurer, announced the sale of two Canadian life units. Manulife Financial has acquired the former CGU subsidiary...
Dec 11 2000 // The Canada Life Insurance Co. has decided not to pursue plans for a joint venture in India for the time being, citing its expansion commitments into reinsurance and the Brazilian and German insurance markets as the...
Nov 13 2000 // For many film lovers, the holiday season is synonymous with the release of Hollywood’s latest screen confections. As production companies scramble to satiate the consumer appetite for thrilling visual effects and...