Keyword
Co-operators General Insurance Company
$5-million cyber claim for phishing scam heads to top court
November 30, 2020 by Greg MeckbachA $5-million coverage dispute with The Co-operators that arose from a phishing attack is headed to the Supreme Court of Canada. Canada’s top court is booked Dec. 7 to hear arguments in Co-operators General Insurance Company v. Sollio Groupe Coopératif.…
‘Surface water’ commercial coverage dispute could reach Supreme Court of Canada
November 11, 2020 by Greg MeckbachA $429,000 commercial property coverage dispute involving overflow from a body of water could reach Canada’s top court. The Supreme Court of Canada announced Nov. 6 that the Co-operators wants to appeal Le Treport Wedding & Convention Centre Ltd. v.…
Q2 combined ratio improves 13.3 points to 101% for The Co-operators
July 28, 2017 by Canadian UnderwriterCo-operators General Insurance Company reported Thursday an underwriting loss of $6.6 million in the three months ending June 30, while direct premiums written were $768.7 million, up 6.4% from $722.6 million in Q2 2016. During the second quarter of 2016,…
The Co-operators reports net income of $34.6 million for Q1 2017, combined ratio of 102.5%
May 2, 2017 by Canadian UnderwriterGuelph, Ont.-based Co-operators General Insurance Company has reported a consolidated net income of $34.6 million for the first quarter of 2017 ending March 31, down from $39.3 million in the first quarter of 2016. The company’s combined ratio, excluding market…
Co-operators General Insurance Company net income $128.8 million in 2016 Q4, up from $103.3 million in 2015 Q4
February 16, 2017 by Canadian UnderwriterThe consolidated net income for Co-operators General Insurance Company increased for the fourth quarter of 2016 over the same quarter in 2015, but net income for 2016 decreased from 2015. The Co-operators has posted net income of $128.8 million for…
The Co-operators acquires Assurance Aubin Insurance Brokers Ltd.
November 1, 2016 by Canadian UnderwriterCo-operators General Insurance Company announced on Tuesday that its wholly-owned subsidiary has purchased Assurance Aubin Insurance Brokers Ltd. The brokerage’s portfolio includes personal and commercial insurance policies, The Co-operators said in a press release. Assurance Aubin has locations in Hearst,…
The Co-operators General Insurance Company reports net income of $16.3 million in 2016 Q3 compared to loss in 2015 Q3
October 28, 2016 by Canadian UnderwriterThe Co-operators General Insurance Company posted $16.3 million in consolidated net income for 2016 Q3 compared to a net loss of $21.4 million in the prior-year quarter. “During the quarter, there were no material changes to the company’s estimated net…
Rob Wesseling to become president and CEO of The Co-operators on Dec. 1
August 30, 2016 by Canadian UnderwriterThe Co-operators’ board of directors has announced that Rob Wesseling will become president and chief executive officer of the company, effective Dec. 1. Currently the executive vice president (EVP) of property and casualty (P&C) operations for the Co-operators General Insurance…
The Co-operators reports net loss of $39.1 million in 2016 Q2 for Co-operators General Insurance Company
July 29, 2016 by Canadian UnderwriterCo-operators General Insurance Company, part of The Co-operators Group, took a hit from the devastating Fort McMurray wildfire, reporting a consolidated net loss of $39.1 million for 2016 Q2 compared to a net income of $58.2 million for 2015 Q2.…