Topic Quebec
BFL Canada founder on the catalyst for setting up his own foundation
June 21, 2021 by Jason ContantWhen Barry Lorenzetti set up his family foundation a few years ago, it was with his uncle Arthur in mind. Lorenzetti, president, CEO and founder of commercial brokerage BFL Canada, remembers when his uncle would visit Lorenzetti’s home when he…
Montreal library closes after hacking attack on daycare registration website
May 17, 2021 by The Canadian PressMONTREAL – A large library in Montreal will be closed until Tuesday morning in the wake of a hacking attack on Quebec’s public daycare registration website. Quebec’s Treasury Board Secretariat issued a recommendation on Friday evening urging all government bodies…
Fire-ravaged court building in Saguenay Lac-St-Jean will be rebuilt, Quebec government says
May 10, 2021 by The Canadian PressThe Quebec government on Sunday announced plans to rebuild a historic courthouse in the Saguenay-Lac-St-Jean region that was heavily damaged by fire and smoke the previous night. Andree Laforest, the legislature member for the region, confirmed the province would help…
Port of Montreal volumes fall for first time in seven years due to pandemic, strikes
May 3, 2021 by The Canadian PressMONTREAL – The COVID-19 pandemic, a dockworkers strike and a rail blockage hit the Port of Montreal, which saw its cargo volumes fall in 2020 for the first time in seven years. The port says its volumes fell 14 per…
Brian Parsons joins BFL Canada from Willis Towers Watson
April 27, 2021 by Jason ContantBFL Canada announced Tuesday it has appointed Brian Parsons as its new president of BFL Canada’s national risk management division. The large commercial brokerage said in a press release Tuesday that it will also announce new appointments in its risk…
Canadian Museum of History CEO resigns after probe into alleged workplace harassment
April 9, 2021 by Teresa Wright - THE CANADIAN PRESSOTTAWA – The head of the Canadian Museum of History has resigned following reported allegations of workplace harassment at the national institution. Museum CEO Mark O’Neill has been on a medical leave since last summer, when an independent investigation was…
Canada’s P&C industry can’t shoulder the losses of the next earthquake by itself
April 7, 2021 by Adam MalikCanada isn’t financially prepared to handle a major earthquake whenever it may come, says an industry observer. As a result, the property and casualty industry is at risk without a plan in place. Models are painting a grim picture of…
Families reach $5.5 million settlement in lawsuit against Quebec long-term care home
April 1, 2021 by Sidhartha Banerjee - THE CANADIAN PRESSMONTREAL – Lawyers for residents and families suing a Montreal-area long-term care home ravaged by the pandemic’s first wave said Wednesday they had reached a $5.5-million settlement with the facility’s owners. The private Residence Herron was among the hardest hit…
Shipping industry warns of disruptions from potential strike at Port of Montreal
March 8, 2021 by The Canadian PressMONTREAL – The Shipping Federation of Canada is warning that a potential strike at the Port of Montreal is already having a damaging impact even as negotiations are set to resume Wednesday with the help of mediators. The trade association…
Condo corporation insurance? Unit insurance? Too many condo owners don’t know the difference
February 24, 2021 by David GambrillBrokers in Quebec have ample opportunity to educate their clients about how condo insurance works, according to the results of a recent survey commissioned by Insurance Bureau of Canada. One key source of confusion may sound familiar to brokers elsewhere…
Joseph El-Sayegh joins Quebec brokerage Lussier Dale Parizeau
February 3, 2021 by Jason ContantThe former president and CEO of reinsurer SCOR Canada, Joseph El-Sayegh, has joined Quebec brokerage Lussier Dale Parizeau (LDP). LDP announced El-Sayegh’s appointment as regional vice president, commercial services and practice leader in risk management, effective Jan. 11. Among other…
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…