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Reversed view of Fork in the Road means coming together
News AnnouncementsBrokersMergers and Aqcuisitions

Merger creates scale for two Ontario brokerages

November 28, 2023 by David Gambrill

Selectpath Insurance, a Navacord brokerage, has partnered with Myers Insurance to enlarge the southwestern Ontario presence of each brokerage. Headquartered in Wallaceburg, Ont., and with an office in Corunna, Myers Insurance is a second-generation multi-lines brokerage run by president Jim

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News AnnouncementsBrokersInsuranceMergers and AqcuisitionsMGAs

Aviva Canada to acquire “capital light” MGA

November 27, 2023 by David Gambrill

Aviva Canada is acquiring Optiom O2 Holdings Inc., a managing general agent (MGA) that specializes in vehicle replacement insurance in Canada. The $170-million Cdn deal is subject to regulatory approval and is expected to close in the first quarter of

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News AnnouncementsCommercial LinesEarnings / RatingsEmploymentInsuranceTechnology

Electric truck/bus maker cuts jobs

November 27, 2023 THE CANADIAN PRESS

MONTREAL – The Lion Electric Co. says it is cutting 150 jobs or about 10% of its total workforce in a move to reduce costs and improve its ability to reach its profitability objectives. Lion Electric chief executive and founder

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News AnnouncementsClaimsInsuranceLegalLegislation / Regulation

How auto insurers responded to Ontario’s auto fraud announcement

November 24, 2023 by David Gambrill

Ontario auto insurers are commending the provincial government for committing $18 million over three years to help police services combat and prevent auto theft. “Last year marked the first time in history when Canada’s insurers paid over $1 billion in claims

insPRESS Announcements

DKI Canada is RMHC Newest National Mission Partner

November 22, 2023 by DKI Canada

TORONTO, ON, NOVEMBER 22, 2023/insPRESS/ – Today, DKI Canada is thrilled to announce a new partnership with Ronald McDonald House Charities Canada which will have a lasting impact on the charity’s mission to support families with sick children across Canada.

News AnnouncementsAssociationsInsuranceProfessional Development

Why insurance has proved a rewarding career for one emerging leader

November 21, 2023 by Alyssa DiSabatino

According to Ngawang (Noah) Choedon, everyone has a responsibility to give back. It’s why she takes every opportunity to help develop the new generation of P&C entrants.  It’s also why she was recognized with the Insurance Institute of Canada’s Emerging

Successful business deal
News AnnouncementsAppointmentsBrokersInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Behind the scenes of Hub’s latest Canadian acquisition

November 6, 2023 by Jason Contant

In a bid to shore up its personal and commercial insurance capabilities, Hub International Limited has acquired the assets of Quebec-based D’Onofrio Insurance Inc. Located in Laval, Que., D’Onofrio Insurance is an independent brokerage offering personal and commercial insurance to

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News AdjustersAnnouncementsAppointmentsClaims

CIAA announces new president

November 3, 2023 by Alyssa DiSabatino

The Canadian Independent Adjusters’ Association (CIAA) has announced Maria Joshua as its new president.   Joshua is vice president, quality assurance and training with Sedgwick Canada. She has more than 10 years’ experience at Sedgwick and more than 35 years’

Talent acquisition concept
News AnnouncementsMergers and Aqcuisitions

International actuarial firm acquires MSA Research

November 2, 2023 by David Gambrill

Valani Global, an actuarial modeling and financial reporting firm with operations in Canada and the United States, has acquired MSA Research, a Canadian analytical research firm specializing in the insurance industry. Terms of the deal were not disclosed. “This acquisition

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News AnnouncementsClaimsInsurance

MPI labour dispute ends, as union ratifies deal

November 1, 2023 by David Gambrill

Manitoba Public Insurance (MPI) will resume full service Friday, after its union employees voted in favour of a deal that ends a long labour dispute with the public insurer. The new deal ends a 10-week-long job action by members of

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News AnnouncementsInsuranceMergers and AqcuisitionsMGAsRisk

Accelerant scoops up Omega Insurance Holdings

October 27, 2023 by David Gambrill

Accelerant Holdings U.K. Ltd. has officially entered the Canadian property and casualty insurance market, closing the deal to acquire Omega Insurance Holdings Inc. from Till Capital Corporation. Accelerant will pay Till Capital approximately $13 million Cdn in exchange for all

Lorri Frederick annnounces retirement
News AdjustersAnnouncementsClaimsClaims CanadaInsurance

Claims veteran announces retirement

October 23, 2023 by Jason Contant

Lorri Frederick will retire as president of ClaimsPro North America at the end of this year. Frederick’s insurance career spans more than 30 years in the industry, including 10 years at independent adjusting firm ClaimsPro. “During her 10 years with