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Mergers and Aqcuisitions

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Kingsway enters U.S. alliance and announces public offering

June 11, 2001 by Canadian Underwriter

Specialty risk insurer Kingsway Financial Services Inc. (TSE: KFS) has entered into an "alliance" with Texas-based auto insurer Reliant American Group Inc. "We see a lot of potential for the distribution of Reliant American’s commercial auto, garage liability and general

News InsuranceMergers and Aqcuisitions

Quebec minister decries high-powered cars

June 7, 2001 by Canadian Underwriter

Quebec’s Transport Minister Guy Chevrette says auto manufacturers are creating a highway hazard by building more powerful engines in cars. At a news conference, Chevrette says that the federal government should step in to limit the power of car engines

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May 1, 2001 Vikki Spencer

A recent decision by the Newfoundland Public Utilities Board has created the platform for a “sure victory” for the property and casualty insurance industry’s Facility Association (FA). This development has also produced a heady start for Stan Griffin, the current

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U.S. not out of woods

May 1, 2001 by Canadian Underwriter

While rates are on the rise, the price correction may not be enough to counter the U.S. industry’s expense problems, says a new report by A.M. Best. Figures from the last quarter of 2000, as well as yearend results, show