Topic New Brunswick
Brokerages snapped up coast-to-coast in latest M&A deals
March 3, 2021 by Jason ContantCanadian brokerage acquisitions continue coast-to-coast with the recent purchases of four brokerages in British Columbia, Saskatchewan, Manitoba and New Brunswick. Navacord, B.C.-based brokerage Waypoint Insurance, Archway Insurance and Westland Insurance Group (which bought two brokerages) all made acquisition announcements at…
How Western Financial made its presence known in Atlantic Canada
March 1, 2021 by Greg MeckbachWestern Financial Group is taking a non-controlling interest in Saint John, N.B.-based Huestis Insurance Group. The exact terms of the deal, announced Feb. 23, were not disclosed, other than it will give the High River, Alta.-based Western Financial a “significant”…
Messy winter storm slams into the Maritimes
February 2, 2021 by Michael MacDonald - THE CANADIAN PRESSHALIFAX – A winter storm lashed the Maritimes with strong winds, snow and ice pellets on Tuesday, causing power outages and forcing the closure of schools and businesses. Snowfall and winter storm warnings were issued for much of the region,…
Canadian auto and property insurance rates headed in opposite directions
February 1, 2021 by Jason ContantAverage personal auto premium rates in Canada decreased 2.6% in 2020 Q4 compared to the same period in 2019, but some provinces did see an increase, according to the latest results from Applied Systems’ premium rate index. On average, both…
Winter storm churning out powerful winds expected to slam into Atlantic Canada
February 1, 2021 by The Canadian PressEnvironment Canada has issued a series of weather warnings for the Atlantic region, as a winter storm is expected to deliver an ugly mix of snow, rain, ice pellets and strong winds on Tuesday and Wednesday. Snowfall warnings are in…
New Brunswick city rebuilding its IT system after major cyberattack
January 15, 2021 by The Canadian PressSaint John, N.B., is rebuilding its computer network rather than submitting to criminals who launched a cyber attack against the city in November. City manager John Collin updated council Monday on the city’s efforts to rebuild its IT system following…
Brokerage M&A off to a strong start in 2021
January 7, 2021 by Jason ContantLarge Canadian brokerage Westland Insurance Group Ltd. now has a coast-to-coast presence with its acquisition of Storm Insurance Group, which has offices in Nova Scotia and Quebec. The deal, which closed Wednesday, is one of three acquisitions closed or announced…
Thousands of Nova Scotians without power after first winter storm of 2021
January 4, 2021 by The Canadian PressHALIFAX – A prolonged holiday warm spell ended with a vengeance over the weekend across Atlantic Canada, leaving double-digit snowfall totals in three provinces and thousands of Nova Scotia residents in the dark on Sunday. The website for Nova Scotia…
Flooding from heavy rain washes out New Brunswick bridge
December 10, 2020 by The Canadian PressSUSSEX, N.B. – A New Brunswick woman finds herself still stranded a week after flooding washed out a bridge to her home. Mary Ann Coleman of Waterford, N.B., in the southeast of the province, says she knew there was a…
Storm could cause flooding in parts of New Brunswick
November 30, 2020 by The Canadian PressFREDERICTON – Emergency Measures officials in New Brunswick are urging residents to be prepared for a large storm system that has the potential to cause flooding in low-lying areas. The storm, which is expected to hit the province later today,…
Governments shouldn’t shield essential workers from COVID-19
October 5, 2020 by Hilary Young, Associate Professor, Law, University of New Brunswick - THE CONVERSATIONThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Essential workers are the heroes of the COVID-19 pandemic. Civil…
Why Uber Canada dropped Intact as its insurance provider
September 16, 2020 by Greg MeckbachRide sharing firm Uber Canada chose Economical as its insurance provider because Uber would not agree to Intact’s pricing, a senior Intact executive said Tuesday. “We had a very good relationship, we just couldn’t agree on the price,” Intact CFO…