News

Crawford Adjusters Canada recently appointed John Taylor to the position of vice president, human resources and training. Taylor began his career as an independent insurance adjuster at Crawford after graduating from Wilfrid Laurier University’s Bachelor of Business Administration program in…

Large and publicly held companies appear to be more advanced than their smaller counterparts in their preparations for a possible avian flu pandemic, according to a study by The Conference Board, a New York-based, global research centre. The report was…

Aviva plc, the U.K-based financial services company, and Iowa-based life insurer AmerUs Group Co. both confirmed speculation they are in talks that could lead to Aviva’s acquisition of AmerUs, according to A.M. Best.“Further to recent speculation, Aviva plc confirms it…

HUB International Limited (NYSE/TSX: HBG) plans to launch its first regional hub in the Southeastern United States through the planned acquisition of a Florida-based insurance broker.This acquisition represents the platform for HUB’s further expansion in the region. Founder of the…

Kernaghan Adjusters has opened two new and strategically located offices in southern Ontario. “This bold move,” said Patti Kernaghan, president & CEO of Kernaghan Adjusters, says the move is largely due to the appointment of Derek Francis as the manager…

Whitehill Technologies, Inc., based in Moncton, NB, has begun shipping the latest version of IStream Publisher, which is part of the InSystems product line that focuses on “speed-to-market” for the insurance industry.“The software gives insurers complete control over document production…

Bateman Chapman, Canada has acquired Toronto-based MGI Loss Adjusters Inc. “MGI brings to Bateman Chapman a group of experienced loss adjusters specializing in the areas of commercial/industrial claims including major mining, course of construction, liability, energy and utility losses in…

Co-operators General Insurance is among a handful of Guelph-based firms appearing in the Globe and Mail’s Report on Business magazine annual ranking by dollar profit. The insurance firm ranked 111 for the 2005 years profit of just over CD$132 million.…

A KPMG study of U.S. corporate behavior in the wake of strong corporate governance legislation like Sarbanes-Oxley will likely have many risk managers and D&O insurers shaking their heads According to the KPMG Integrity Survey 2005-06, 74% of the more…

Thirty-one British Columbia cities, districts, and municipalities will receive ICBC grants in place of real property and business taxes totaling CD$4.4 million this year, ICBC has announced.As a provincial Crown corporation, ICBC is not required to pay business and property…

ING Group has signed into a US$1.02 billion (800 million), five-year outsourcing deal, which will cover the installation and servicing of office equipment.This deal is part of ING’s broad strategy to cut costs and represents the Company’s most recent outsourcing…

In response to reinsurer SCOR S.A.’s plan to acquire reinsurer Revios Rckversicherung AG and its subsidiaries, Standard & Poor’s Ratings Services has affirmed SCOR’s ‘A-‘ long-term counterparty credit and insurer financial strength ratings.The deal between Paris-based SCOR and German life…