Segment
Brokers
Stewart-Greenslade acquires N.D. Taylor Ltd. of Manitoba
January 18, 2007 by Canadian UnderwriterStewart-Greenslade Insurance Brokers Ltd. has purchased N.D. Tyler Ltd. of Portage La Prairie, Manitoba, according to an online report in The Daily Graphic.“We’re very excited,” Brent Gilbert, president of Stewart-Greenslade, told Shannon VanRaes of the Portage La Prairie newspaper. “N.D.…
What’s New: In Brief (January 17, 2007)
January 17, 2007 by Canadian UnderwriterGore Mutual Insurance Company has donated Cdn$1 million to their charitable Foundation.This is the third year in a row the company has made a Cdn$1-million contribution to the Gore Mutual Foundation.The Foundation was established to support worthwhile causes in the…
ING announces major shifts within executive staff
January 16, 2007 by Canadian UnderwriterING Canada has announced a major shuffle of its senior executive staff, with Charles Brindamour assuming the newly created role of COO, Derek Iles accepting the title of president of ING Insurance, and the retirement of two executive staff members…
What’s new: in brief (January 12, 2007)
January 12, 2007 by Canadian UnderwriterGore Mutual Insurance received top honours from the Insurance Brokers Association of Ontario (IBAO) in their 2006 Rate Your Companies Survey.“We are very proud to be given this honour,” Kevin McNeil, president and CEO of Gore Mutual, said in a…
Industry experts predict an extension of T.R.I.A.
January 11, 2007 by Canadian UnderwriterLeaders of the U.S. property and casualty insurance industry expect Congress to extend the Terrorism Risk and Insurance Act this year, according to an Insurance Information Institute (I.I.I.) survey.Of the executives polled, 89% are confident that the government will move…
Manitoba Public Insurance financial performance is stable
January 10, 2007 by Canadian UnderwriterManitoba Public Insurance has reported stable financial results as it enters the final quarter of fiscal 2006, which, according to records can include the highest incidence of claims, according to a press release.Manitoba Public Insurance reported net income from operations…
What’s New: In brief (January 09, 2007)
January 9, 2007 by Canadian UnderwriterMore and more Canadian insurers are offering identity theft protection as a stand-alone product, reports the Globe and Mail.While policies have been on the market over the past couple of years, typically they have been offered as an add-on to…
What’s New: In Brief (January 03, 2007)
January 3, 2007 by Canadian UnderwriterFor the fourth consecutive year, The Co-operators is among the “50 Best Employers in Canada” according to a list compiled by the international human resources firm Hewitt Associates.The Co-operators, based in Guelph, is 20th on this year’s list, an improvement…
What’s new: In brief (January 02, 2007)
January 2, 2007 by Canadian UnderwriterIn the spirit of the holiday season, The Co-operators donated more than $446, 500 to the United Way. Staff members contributed the majority of the funds, which will be distributed in the communities where the donations were made.“The generosity of…
A.M. Best assigns ‘A-‘ rating to Co-operators General Insurance Company
December 21, 2006 by Canadian UnderwriterA.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Co-operators General Insurance Company (Co-operators General) (Ontario). A.M. Best has also upgraded the FSR to B++ (Very Good)…
ING reimburses about 51,000 policyholders
December 21, 2006 by Canadian UnderwriterING Insurance and ING Novex are reimbursing approximately 51,000 policyholders as a result of an error that prevented some of its Ontario customers from receiving their Claims Free Renewal (CFR) discount to which they were entitled.The company rewards the discount…
Hub International Trucking Insurance Services expands into Vermont
December 19, 2006 by Canadian UnderwriterHub International Limited (NYSE:HBG)(TSX:HBG) plans to accelerate its penetration of the transportation insurance market by acquiring Vermont-based Coburn Insurance Agency, Inc. Coburn, a broker earning US$9 million in revenue, has entered into a letter of intent with Hub International Transportation…