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Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit
Mar 31 2025 // The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co.Roy and his 15-year-old son Justin...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million
Mar 19 2025 // Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million) — a decision the reinsurer made after a review of its investment...
Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits
Mar 7 2025 // A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American...
Hazardous Cargo Secured From Ship Grounded on Canada’s East Coast
Mar 4 2025 // The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company that manages the vessel.MSC Mediterranean Shipping Co. has also hired a salvage company and a marine...
Canada’s Axis Insurance Acquires Calgary-Based Fuse Insurance
Feb 25 2025 // Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage.Founded in 2017, Fuse has built a...
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