Industry
Alberta is reviewing auto insurance in the province to ensure that the industry can remain viable and drivers can get affordable coverage.
By David Gambrill | December 27, 2019
3 min read
Wet. Cold. In the dark. And puzzled. That about sums up how the weather in 2019 left Canadians feeling, says David Phillips, Environment Canada’s chief meteorologist. “It’s almost as if normal doesn’t happen any more.” What do you make of a year that saw thunder at the North Pole and farmers needing drought and flood […]
By Jason Contant | December 26, 2019
If any of your clients have Economical Insurance policies, changing to a stock-owned company could make them joyful and triumphant, especially if they have mutual policies. “O come all ye policyholders” is something the industry could hear soon from Waterloo, Ont.-based Economical, though not necessarily using those exact words. In order to continue on its […]
By Greg Meckbach | December 23, 2019
LANIGAN, Sask. – Canadian Pacific Railway says it expects the last of its damaged cars will be removed by the end of the week from the site of a fiery derailment in Saskatchewan. It also says in an email that staff have started scraping contaminated soil from the area, which is to be hauled away […]
By The Canadian Press | December 23, 2019
1 min read
There was plenty of advice dished out at conferences over the last year, whether it was on attracting talent, how seasoned pros can help the younger generation, or how insurers can think differently. Here are some of the highlights. Flexibility When asked what advice a young professional would give their older colleagues, allowing for a […]
By Adam Malik | December 20, 2019
4 min read
2019 saw a slew of mergers and acquisitions in the Canadian P&C space and it’s unlikely 2020 will buck the trend. In fact, in the past few weeks alone, one Ontario brokerage bought another one, a Florida-based brokerage bought a Canadian managing general agency, a large brokerage expanded its group employee benefits book through a […]
By Jason Contant | December 20, 2019
2019 saw a changing of the guard at several brokerages, insurers and associations. Here are the top 5. Gallagher Canada CEO Arthur J. Gallagher & Co., the fourth biggest property and casualty brokerage in the world, announced Dec. 5 that Dave Partington (below left) is CEO of its Canadian retail property/casualty brokerage operations. When he […]
By Greg Meckbach | December 20, 2019
VICTORIA – British Columbia’s government says the first batch of legal marijuana edibles, extracts and topical will soon be available for purchase, two months after they were legalized in Canada. The province says it received its first shipments of the products Wednesday and has made them available to private and public retailers via its wholesale […]
By The Canadian Press | December 20, 2019
2 min read
The industry is not “horrible” when it comes to diversity and inclusion but more can be done, speakers suggested at KPMG Canada’s recent insurance conference. Diversity and inclusion have to be “directed from the very top,” said Heather Masterson, president and CEO of Travelers Canada. “I think diversity and inclusion, especially in a country like […]
By Greg Meckbach | December 19, 2019
Validus Reinsurance Ltd. has established a branch office in Toronto with Heather Legg as its new chief agent, parent company American International Group Inc. announced Thursday. Legg, currently a senior vice president at Validus, is a former senior executive with Aon Canada. In Canada, Validus Re “will focus on treaty reinsurance, initially in the property, […]
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