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Boyd Group Income Fund to acquire collision repair company Assured Automotive for $193.6 million

May 30, 2017 by Canadian Underwriter

Boyd Group Income Fund (BGIF) is looking to cement the Boyd Group’s position as a leading provider of collision repair services in Canada with the announcement it has entered into a definitive agreement to acquire the assets and business of

News CatastrophesClimate ChangeEarnings / RatingsMarkets / CoveragesMergers and AqcuisitionsTechnology

Zurich Insurance announces plans to position itself for future, new profitability targets

November 17, 2016 by Canadian Underwriter

Zurich Insurance Group plans to build on customer relationships, simplify the business and significantly reduce costs as part of its renewed focus on increasing business profitability and delivering high-quality earnings over the 2017-2019 period, the global insurer announced Thursday. “In

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Gap exists between opportunity, willingness to take part in usage-based insurance programs in U.S.: LexisNexis

August 25, 2016 by Canadian Underwriter

There is an apparent gap between polled U.S. drivers who are open to taking part in usage-based insurance (UBI) and those who are provided the opportunity to do so, suggest survey results released today by LexisNexis Risk Solutions. That disconnect

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Maritime brokers group welcomes MacDougall’s Insurance as newest member

June 20, 2016 by Canadian Underwriter

The Independent Insurance Brokers Inc.’s (IIBI) newest member is MacDougall’s Insurance, a family-operated insurance brokerage that has operated in Cape Breton since 1930, a move that extends IIBI’s reach to Cape Breton Island for the first time. Formed in 2000