What’s New: In Brief (April 20, 2007)

Canadian Western Trust (CWT), the parent company of Canadian Direct Insurance Incorporated, is celebrating its 20th anniversary, with the last decade marking a tenfold growth and $3.6 billion total. It is truly gratifying to have earned the recognition and confidence of individuals and industry associates that have embraced our value proposition and highly personal approach to business, Adrian Baker, vice president and chief operating officer of CWT, said in a statement. We continue to expand our market presence within Western Canada and our success over the past two years in serving more Ontario-based clients has also been very rewarding, particularly as it relates to future growth opportunities, he added.

Anthony Clark International Insurance Brokers Ltd. (TSX: ACL) has announced that it has replaced an existing US$3.25 million [approximately Cdn$3.65 million], maturing August 31, 2008 with a new note payable in the amount of US$3.25 million [approximately Cdn$3.65 million] maturing August 30, 2012, with all other terms of the replaced note payable remaining the same. In consideration of this note replacement, Anthony Clark issued a US$100,000 [approximately Cdn$112,000] note payable, with repayment in three equal annual instalments, beginning August 31, 2008 and bearing no interest.