Topic Quebec
What the future holds for Unica, L’Unique, La Capitale and SSQ brands
November 11, 2021 by Greg MeckbachBeneva plans to replace its La Capitale and SSQ direct-to-consumer brands but it’s business as usual, for the time being, for the broker-distributed Unica and L’Unique brands. “As of today both L’Unique and Unica are brands that exist in the…
Insurers hope privacy legislation reboot will bring harmony
November 3, 2021 by Philip PoradoCanada’s existing privacy regulations – including federal law and province-specific legislation in Quebec, British Columbia and Alberta – can’t keep up with changing technology and are due for an update, said panellists at an Insurance Bureau of Canada regulatory affairs…
Eagle Underwriting gets acquired, keeps own brand
October 26, 2021 by Greg MeckbachManaging general agent Eagle Underwriting Group Inc. has been acquired by GroupAssur, private equity firm Novacap Management Inc. announced Tuesday. “With Eagle, the objective was to get a broader spectrum of product,” said Jean-François Raymond, president of Montreal-based GroupAssur, in…
Why the Supreme Court of Canada validated this limitation-of-liability clause
October 15, 2021 by Greg MeckbachA software consulting firm that was sued in Quebec for $6.25 million can rely on a limitation of liability clause in its consulting and integration contract, the Supreme Court of Canada ruled in a decision released Friday. In 6362222 Canada…
Montreal-made website uses AI to show impacts of climate change on any address
October 14, 2021 by Tara Deschamps - THE CANADIAN PRESSTORONTO – Imagine Parliament Hill blanketed in orange skies, floodwaters climbing the sides of BC Place stadium or a thick layer of smog fogging the view of Halifax from Citadel Hill. These are all scenes depicted on a website published…
The latest acquisitions from Westland and Hub
October 7, 2021 by Jason ContantLarge brokerages Westland Insurance Group Ltd. and Hub International Limited have both announced recent mergers and acquisitions activity. On Tuesday, Surrey, B.C.-headquartered Westland said it had acquired personal and commercial lines brokerage Insurance Unlimited in Mississauga, Ont. The following day,…
Quebec to move ahead with plan to redistribute $39 million to Lac-Megantic victims
October 1, 2021 by The Canadian PressLAC-MEGANTIC, Que. – The Quebec government is moving ahead with plans to redistribute $39 million to those impacted by the 2013 rail disaster in Lac-Megantic, Que., that killed 47 people. About $20 million will go directly to victims recognized during…
Car hits 9 people at Quebec polling station
September 21, 2021 by The Canadian PressMONTREAL – Police say the condition of a 77-year-old woman is uncertain after she was among nine people hit by a car outside a polling station in a Montreal suburb Monday evening. Sgt. Veronique Comtois said today the woman’s injuries…
Fire breaks out at lumber-drying facility southeast of Quebec City
September 20, 2021 by The Canadian PressBEAUCEVILLE, Que. – Quebec provincial police say eight people were injured in an early morning fire at a lumber-drying facility southeast of Quebec City. Provincial police say they received 911 calls around 7:30 a.m. for a fire at the company…
Contrary to popular belief, Eastern Canada is more at risk of earthquakes than perceived
September 16, 2021 by The Canadian PressBy Jeremy Rimando, Postdoctoral Research Fellow, Structural Geology and Tectonics, McMaster University and Alexander Lewis Peace, Assistant Professor (Structural Geology), McMaster University – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news,…
Looking for a quick D&O rebound after COVID? Don’t hold your breath….
July 9, 2021 by David GambrillBrokers looking to see directors’ and officers’ (D&O) insurance pricing and capacity rebound quickly after the pandemic had better not hold their breath — especially with the Canadian government now starting to pull the plug on certain COVID relief measures…
BFL president reacts to regulator’s effort to prevent Aon-Willis merger
June 23, 2021 by Greg MeckbachIn trying to block Aon plc’s proposed acquisition of Willis Towers Watson plc, the United States competition regulator is off the mark in how it describes the world’s three-biggest property and casualty commercial insurance brokerages, suggests a senior executive with…