Starting Nov. 17, Canadian insurance brokers will be able to offer policies covering fresh water flooding written by RSA Canada to some homeowners purchasing sewer backup coverage, a senior RSA Canada official said Thursday. A new RSA Canada endorsement, called…
The United States Department of Justice announced on Tuesday that three men have been charged in connection with the JPMorgan Chase & Co. cyberattack last year. Loretta E. Lynch, the Attorney General of the United States and Preet Bharara, the…
Petley-Hare Limited, an insurance brokerage with nearly 100 years of experience in Ontario’s Durham Region, announced on Monday that it has launched a new digital division called Insurance Jack, which now serves clients across the province. “Insurance Jack was built…
Rogers Insurance Ltd. announced on Tuesday that it has acquired a controlling interest of Brampton, Ont-based CCV Insurance & Financial Services Inc. under the previously formed Inowest Insurance Brokers Inc. group of companies. The acquisition represents the strategic expansion of…
With data breaches being regular media fodder these days, the existing responsibility of insurance brokers to safeguard client information coupled with new legislative requirements make this a good time for brokers to review data protection efforts to ensure they are…
Co-operators General Insurance Company announced on Thursday today that its wholly-owned subsidiary has purchased Bando & Brown General Insurance in London, Ont., whose portfolio includes personal and commercial insurance policies. Current clients of the Bando & Brown brokerage will be…
A recent Wells Fargo study of 100 middle market companies and large corporations in the United States has found that 85% of respondents have purchased cybersecurity and data privacy insurance coverage to protect against financial loss, while nearly half (44%)…
Toronto-based Intact Financial Corporation has reported a net operating income for the third quarter of 2015 of $199 million, 8% higher than last year, and a combined ratio of 93.2% – unchanged from 2014. The improvement in net operating income…
Arthur J. Gallagher — the international broking division of Arthur J. Gallagher & Co. (AJG) outside of the United States — announced on Tuesday that it has acquired British Columbia retail insurance broker Christie-Phoenix (Victoria) Ltd. and its affiliate Discovery…
Toronto City Council has approved a base fare to enter a taxi in the city of $3.25 – a $1 decrease – effective as of Sunday. The decrease, approved by city council at its September meeting, means that taxis must…
Aon plc reported Friday its risk solutions revenue dropped 8%, from $1.836 billion in the third quarter of 2014 to $1.689 billion in the three months ending Sept. 30, 2015, due in part to the unfavourable impact of foreign currency…
“It’s not just about talking about the insurance industry, but it’s about creating the environment for post-secondary education where people can actually graduate with some skills,” Yetman emphasizes.