Daily News

Q3 combined ratio drops, net income up for Desjardins General Insurance

Desjardins General Insurance Group Inc. released Thursday its financial results for the third quarter, reporting a 9.4-point improvement in its combined ratio and a 38.8% increase in net income.
Nov 27, 2014 10:28AM

U.S. agency threatens fines, legal action against air bag maker for balking at national recall

DETROIT - A dispute between U.S. safety regulators and air bag maker Takata Corp. escalated Wednesday when the government threatened fines and legal action if the company fails to admit that driver's side air bag inflators are defective and...
Nov 26, 2014 4:19PM

Coalition to Insure Against Terrorism urges U.S. Congress to pass bill extending TRIA

With less than five weeks before a United States government backstop for terrorism insurance expires, a group of companies and industry associations is calling on elected officials to come to an agreement on a law that extends the Terrorism...
Nov 26, 2014 3:13PM

Canadian insurance firms among those recognized for most admired corporate cultures

Munich Re and Canadian Direct Insurance were among the firms recognized as having the most admired corporate cultures in the country.
Nov 26, 2014 2:41PM

Powerful earthquake strikes off eastern Indonesia; no tsunami warning

JAKARTA, Indonesia - A powerful earthquake struck off the coast of eastern Indonesia late Wednesday, prompting villagers to flee to higher ground, but officials said a tsunami was unlikely.
Nov 26, 2014 12:17PM

Atlantic Canadians brace for first taste of wintry weather this season

HALIFAX - Atlantic Canadians enjoying a relatively mild fall season are bracing for a sudden blast of wintry weather.
Nov 26, 2014 11:03AM

New privacy/network security product tailored for Canadian market

Allied World North America has launched privacy and network security insurance specifically designed for small to mid-size companies in the Canadian market, the company announced Tuesday.
Nov 26, 2014 10:20AM

Ontario, Quebec windstorm declared a catastrophe event

Catastrophe Indices and Quantification Inc. (CatIQ) has declared the windstorm that hit the southern regions of Ontario and Quebec over Monday night to be a catastrophe.
Nov 25, 2014 5:35PM

Home Depot faces dozens of lawsuits over data breach that hit debit and credit cards

Home Depot faces at least 44 lawsuits in the United States and Canada over a massive data breach earlier this year that affected 56 million debit and credit cards.
Nov 25, 2014 3:52PM

Cities should consider bans on ride sharing apps carefully, regulator says

OTTAWA - The Competition Bureau says municipalities should consider whether moves to ban digital dispatch services and ride-sharing applications are necessary.
Nov 25, 2014 3:19PM

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