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Hub International purchases “certain assets” of Quebec surety broker

August 8, 2017 by Canadian Underwriter

Chicago, Ill.-based Hub International Limited announced on Monday that Hub Quebec has purchased “certain assets” from Patrice Varin, through a corporation held by him. Terms of the acquisition were not disclosed. Varin will join Hub Quebec, bringing with him a

News CatastrophesInsuranceMergers and Aqcuisitions

Parts of Wisconsin, Illinois recovering from flooding; 6,800 buildings affected in Illinois

July 14, 2017 Ivan Moreno - THE ASSOCIATED PRESS

BURLINGTON, Wis. – Flooding in the Midwest closed roadways and knocked out power to thousands, including a suburban Chicago hospital that was forced to close, but residents in the Wisconsin city of Burlington appeared upbeat even as portions of streets

News CatastrophesEarnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Q1 revenues up 5% at Aon

May 9, 2017 by Canadian Underwriter

Aon plc reported Tuesday its commercial risk solutions revenue of $984 million in the three months ending March 31, up 2% from $961 million during the same period in 2016, while net income, company wide, dropped 9% due in part

News AppointmentsInsuranceProfessional Development

New president and CEO announced for CNA Canada

April 25, 2017 by Canadian Underwriter

CNA Financial Corporation announced on Tuesday the appointment of Nick Creatura to president and chief executive officer of CNA Canada. Creatura will be responsible for “executing profitable growth strategies” for the global insurer’s Canadian operations, CNA said in a press