Canadian Underwriter

Topic Quebec

Business people shaking hands in the office
News BrokersCommercialMergers and AqcuisitionsQuebecRisk Managers

Top 4 brokerage steps into new province with acquisition

March 8, 2022 by Jason Contant

Founding Navacord broker partner Jones DesLauriers has announced Navacord’s inaugural partnership in Quebec with the addition of Abatis Risk Management (Abatis Gestion de Risques inc.) to its ranks. “The addition of Abatis deepens the Jones DesLauriers’ commercial bench strength, further

Place Jaques Cartier and City Hall of Montreal
News HRManagementQuebec

Reinsurance broker opens Montreal office

February 17, 2022 by Canadian Underwriter Staff

Global reinsurance broker Gallagher Re has set up a Montreal branch led by new executive vice president Isabelle LaPalme. She will lead Gallagher Re’s expansion into Quebec and the French-speaking insurance community. LaPalme will work closely with colleagues in Toronto

Paper and pulp mill
News Business InterruptionClaimsCommercialInsurersLegalLiabilityQuebec

Insurers lose privilege bid after mill’s internal explosion investigation

February 11, 2022 by David Gambrill

Six insurance companies and a pulp and paper manufacturing company, Fortress Specialty Cellulose, have lost their bid to have a PowerPoint presentation about the cause of a commercial explosion protected under litigation privilege. In rejecting their argument, the Superior Court

concept shot of a modern architecture surrounding with a huge stairway into the light
News BrokersQuebec

Large Quebec brokerage rebrands itself

January 31, 2022 by Alyssa DiSabatino

Lussier Dale Parizeau, Quebec’s largest brokerage, has unveiled its new corporate name. The firm will now be known as Lussier and will carry a new brand image, the brokerage announced in a press release Monday.   “This change is consistent

News EnvironmentalNewfoundland & LabradorOntarioPersonal HomeQuebec

The insured damage cost of December’s windstorm in eastern Canada

January 13, 2022 by Alyssa DiSabatino

The windstorm that swept across Ontario, Quebec and the Atlantic provinces between Dec. 11 and 14 caused more than $152 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The eastern Canada windstorm brought strong

News AlbertaB.C.CatastrophesNewfoundland & LabradorOntarioQuebec

Heat dome, flooding, drought: A list of Canada’s Top 10 weather events in 2021

December 29, 2021 by The Canadian Press

Dave Phillips, senior climatologist with Environment Canada, has been compiling a Top 10 list of Canada’s weather events for more than two decades. Here are his picks for 2021:   Heat dome in Western Canada: At the end of June,

News CyberInsurersQuebec

Desjardins settles 2019 data breach class action lawsuit for up to nearly $201M

December 17, 2021 by The Canadian Press

MONTREAL – Financial services firm Desjardins Group will pay up to nearly $201 million to settle a class-action lawsuit related to a data breach in 2019 that affected nearly 9.7 million Canadians. The agreement, which is subject to approval by

News InsurersMergers and AqcuisitionsQuebec

How Beneva is promoting its direct brand at this Quebec event venue

December 3, 2021 by Greg Meckbach

Canada’s largest mutual insurer is promoting its new Beneva direct-to-consumer brand by being a major sponsor of Quebec City’s major junior hockey team and official presenter of the Videotron Centre’s calendar of events. Beneva announced Thursday a partnership with Quebecor

News LiabilityPersonal AutoQuebecTechnology

Quebec’s AMF explores implications of autonomous vehicles

November 11, 2021 by Philip Porado

Self-driving vehicles will change the auto liability landscape across Canada and raise data privacy concerns, said an issues paper from Quebec’s financial services regulator, the Autorité des marchés financiers (AMF). The paper identifies five levels within the connected and autonomous

News BrokersInsurersMergers and AqcuisitionsOntarioQuebec

What the future holds for Unica, L’Unique, La Capitale and SSQ brands

November 11, 2021 by Greg Meckbach

Beneva 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

News AlbertaB.C.InsurersLegalQuebecTechnology

Insurers hope privacy legislation reboot will bring harmony

November 3, 2021 by Philip Porado

Canada’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

Office workstation top view with businesspeople working around M&A
News B.C.CommercialMGAsOntarioPropertyQuebecRisk Managers

Eagle Underwriting gets acquired, keeps own brand

October 26, 2021 by Greg Meckbach

Managing 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