Tech
DETROIT – Toyota is recalling 1.7 million vehicles in North America to replace potentially deadly Takata front passenger air bag inflators. The move announced Wednesday includes 1.3 million vehicles in the U.S. and is part of the largest series of automotive recalls in the nation’s history. Takata inflators can explode with too much force and […]
By Greg Meckbach | January 10, 2019
2 min read
Legal / Regulation
Reforming auto insurance is top of mind for Jeff Gatcke, the new president of the Insurance Brokers Association of Ontario. “Our Number 1 priority would be working with insurance companies and the government on changes to the auto insurance product here in Ontario that I would say are sustainable and in consumer’s best interest,” Gatcke […]
By Greg Meckbach | January 9, 2019
3 min read
Operations
McDougall Insurance Brokers of Belleville, Ont. announced Tuesday it has merged with Barrie-based Dusome Insurance Brokers. The combined firm has 34 offices, including Kingston, Peterborough, Deep River, Pembroke, Orillia, Trenton, Cornwall and Oshawa. Dusome’s 11 employees will join McDougall as a result of the merger. Dusome president said the merger will “provide insurance solutions not […]
1 min read
Chicago-based global brokerage Hub International announced Tuesday it has acquired British Columbia-based employee benefits and pension brokerage TRG Group Benefits and Pensions Inc., the 13th such acquisition since last year. “Hub continues its strategy of assembling best-in-class capabilities and entrepreneurial talent across Canada to offer clients a complete employee benefits and pension solution,” the brokerage […]
By Jason Contant | January 8, 2019
Two brokerages have joined Intact Financial Corp.’s BrokerLink unit effective Jan. 1, BrokerLink announced Monday. The new BrokerLink brokerages are Edmonton-based Challenge Insurance Group Inc. and Toronto Insurance and Financial Group (TIFG) Inc., situated on Valleybrook Drive near the neighbourhood of Don Mills. Before the acquisition, TIFG said it was an “insurance producer” for Jones […]
By Greg Meckbach | January 8, 2019
Canadian brokerage Jones Brown Inc. has been acquired by Arthur J. Gallagher & Co., Itasca, Ill.-based Gallagher announced Tuesday. Jones Brown, which places both commercial and personal property and casualty insurance, has offices in Vancouver, Calgary, Toronto and Hamilton. “The Jones Brown team will continue to operate from their existing locations under the direction of […]
Asset managers don’t want hackers attempting to impersonate them. Here’s a golden opportunity to minimize their exposure
By Greg Meckbach, Associate Editor | January 7, 2019
4 min read
The Co-operators announced Thursday it has purchased Quebec-based independent brokerage Assurances Madelein Inc., its 16th office in the province. The Laval, Que.-based brokerage’s portfolio includes personal and commercial insurance lines, as well as life, disability, health and mortgage insurance, and investments. “With our continued growth in the province, we are able to deepen our connection […]
By Jason Contant | January 4, 2019
HR
An insurance cloud platform provider has opened an “innovation hub” in downtown Toronto to “ideate, experiment, test and deploy” new on-demand insurance products. Slice Labs announced Wednesday the opening of the Slice Launch Studio for the company and its partners to test and deploy new products on the Slice Insurance Cloud Services (ICS) platform. Insurers […]
By Jason Contant | December 20, 2018
TORONTO – Uber Technologies Inc. says its self-driving vehicles have returned to the streets of Toronto in a modified program after it halted testing earlier this year when one of its autonomous vehicles struck and killed a pedestrian in Arizona. The company said Thursday that the limited relaunch of a few vehicles in the Toronto […]
By Greg Meckbach | December 20, 2018
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