Industry
Westland Insurance Group has continued its expansion spree, today announcing acquisition of Campbell, Roy & Eldridge Insurance Services. Markham, Ont.-based Campbell, Roy & Eldridge offers a wide range of coverages, including home, condo, auto, RV, motorcycle, boat, watercraft, business, trucking and more. In addition to P&C coverages, the brokerage offers life and health insurance products. […]
By Phil Porado | February 3, 2022
2 min read
Intact Financial Corporation’s integration of RSA plc is on track, with earnings slightly better than originally anticipated, the insurer’s chief executive officer reports. The deal increases Intact’s specialty lines presence in North America by close to 30%, Intact Financial Corporation CEO Charles Brindamour says. A large portion of the integration in Canada will be completed […]
By Jason Contant | February 3, 2022
3 min read
Md Sazan Rahman, PhD Candidate, Bioresource Engineering, McGill University This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Most people now recognize the energy savings benefits of green buildings. These buildings use less water, […]
By The Canadian Press | February 3, 2022
4 min read
Global technology and management consultancy Capco named Ben Kosic as a partner in its Canadian insurance practice. Kosic previously spent eight years as president and CEO of Canadian National Insurance Crime Services (CANATICS), an anti-fraud consortium representing eight of Canada’s largest insurers. While at CANATICS, Kosic developed and executed a strategy to use cross-insurer data […]
By Phil Porado | February 2, 2022
1 min read
Great American’s professional liability division has expanded its Primary and Excess Errors and Omissions (E&O) coverage into Canada.
By David Gambrill | February 2, 2022
TORONTO – A group of suspected thieves carjacked 28 high-end vehicles in north Toronto over several months and tried to ship them to destinations overseas, police said Tuesday as they announced seven arrests in the case. Insp. Richard Harris said an eight-month investigation that began last May revealed that the suspects used handguns, knives and […]
By Jason Contant | February 2, 2022
Corporations are increasingly using standard form agreements to conduct business with suppliers. If your client is faced with one, watch out for the inclusion of an unlimited indemnity. A standard form agreement provides several benefits to the corporation that drafts it. First, management and the corporation’s lawyers predetermine what terms and level of risk the […]
By Phil Porado | February 1, 2022
Agile Underwriting Solutions announced that Guardian Risk Managers and Exhale Insurance will be rebranded under Agile, effective Feb. 1, 2022. Agile, based in Nova Scotia and owned by Westland Insurance, is an MGA that specializes in hard-to-place personal and commercial property coverage. Upon rebranding, brokers at Guardian Risk Managers and Exhale Insurance will receive access […]
By Alyssa DiSabatino | February 1, 2022
The highly transmissible Omicron variant has prompted companies in the manufacturing and resource sectors to downgrade their earnings forecasts amid ongoing uncertainty linked to the COVID-19 pandemic. Cascades Inc., the Quebec-based packaging and tissue company, said Monday it expects fourth-quarter results to fall below its already revised outlook after Omicron-related labour shortages and supply chain […]
By Jason Contant | February 1, 2022
While auto insurance premiums across Ontario dropped an average of 3.8% last year from 2020, certain areas saw single- or double-digit increases, according to a recent report from rate aggregator Ratesdotca. The cities of Nobleton, Schomberg, Orangeville and King City, which tied for 10th place in the top ten most expensive cities in the province, […]
By Jason Contant | January 31, 2022
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