What’s New: In Brief (April 03, 2009)

Kingsway Financial Services Inc. has appointed Serge Lavoie President and CEO of its business in Canada, reporting to Colin Simpson, senior vice president and chief operating officer.
This move follows the announcement in early February that the Company would be consolidating Kingsway Financial’s operations in Canada into a single
operating unit.
Kingsway currently does business in Canada through Mississauga-based Kingsway General Insurance Company and Montreal-based Jevco Insurance Company.
Lavoie has served as president and CEO of Jevco for the past two years and has been with the company for almost 12 years.
John McGlynn, who has led the Kingsway General business in Mississauga, is leaving the company to pursue other interests.

Totten Insurance Group, Inc., one of Hub International Limited’s wholesale insurance brokerage operations, has completed the acquisition of Norac Intermediaries.
Norac is an insurance brokerage wholesaler located in a suburb of Montreal, Quebec. It focuses primarily on casualty business, working with more than 200 insurance brokers throughout the region.
The combination of Totten and Norac now makes Totten one of the largest intermediaries in the province, providing diversified offerings to their broker partners. 
“By enhancing its bilingual Quebec presence through the acquisition of Norac, Totten has strengthened its position as a national insurance broker wholesaler,” Totten announced in a release.