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Quebec’s largest brokerage grows with latest acquisition

June 14, 2019 by Jason Contant

Large Quebec brokerage Lussier Dale Parizeau has acquired the assets of Petrela, Murray, LeBlanc Inc., another brokerage in the province. With the acquisition, Lussier Dale Parizeau now totals $475 million in premium volume, the brokerage said in a press release

News BrokersProfessional Development

Making your mark as a young broker

June 12, 2019 by Adam Malik

Network, build your brand, develop partnerships and squash procrastination – those are just some of the things young brokers need to do as they move up the ranks. With a room full of young brokers in front of them, expert

News BrokersLegislation / Regulation

Finding solutions as brokers face cancelled contracts

June 11, 2019 by Adam Malik

Real, sustainable solutions are needed to curb what’s being called a “devastating” time for some brokers in Alberta. The Insurance Brokers Association of Alberta (IBAA) has put together a task force to come up with ways to resolve what the

News BrokersMergers and Aqcuisitions

Brokerage makes third acquisition in Ontario

June 10, 2019 by Jason Contant

Alberta-based brokerage Western Financial Group is continuing its strategic expansion into Ontario with its third brokerage acquisition in the province. High River, Alta-headquartered Western acquired EGM Insurance Group effective May 31, Western said in a press release last week. Based

News BrokersCommercial LinesEmploymentInsuranceMarkets / Coverages

Large commercial brokerage expands presence in benefits space

June 6, 2019 by Jason Contant

Yet another commercial brokerage has expanded its presence in the benefits space in Canada. Toronto-headquartered Navacord Corp. announced Tuesday the acquisition of Toronto-based Future Benefits Management Inc. (FBMI), effective June 3. Founded in 1995 and exclusively focused on group benefits,

News BrokersMergers and Aqcuisitions

Another small-town Saskatchewan brokerage gets bought by large U.S. firm

June 4, 2019 by Greg Meckbach

Hub International Ltd. has bought its second Saskatchewan property and casualty insurance brokerage in less than a month. Chicago-based Hub said Tuesday it has acquired Kamsack-based Cottenie and Gardner Inc. Kamsack is a town of about 1,800, situated near the

News AppointmentsBrokersInsurance

Aon appoints president of commercial risk and health solutions in Canada

June 4, 2019 by Jason Contant

Aon plc has appointed Stéphane Lespérance as president of commercial risk and health solutions in Canada. In his new role, Lespérance will be responsible for the day-to-day leadership of the commercial risk and health solution teams in Canada, Aon said

News BrokersInsuranceLegislation / Regulation

Brokerage fined for rebating premium to unhappy client

June 3, 2019 by David Gambrill

A Manitoba brokerage recently found itself in hot water with the regulator for rebating premium money to a dissatisfied client. Insurance Council of Manitoba ruled that Donbar Agency Limited, which operates as Crossroads Insurance, should not have rebated an unhappy

News BrokersInsuranceMarkets / Coverages

Brokers concerned about blanket approach to binding authority restrictions

May 31, 2019 by Jason Contant

With wildfires raging in northern Alberta and Ontario, brokers are reporting some funky outcomes associated with insurers’ binding authority restrictions. Under the restrictions, brokers cannot bind coverage in areas under civil authority, forest fire alerts, flood alerts and certain earthquake

News BrokersInsuranceMergers and Aqcuisitions

BrokerLink makes third acquisition in May

May 31, 2019 by Jason Contant

BrokerLink has made its third acquisition in May with the purchase of Alberta independent insurance brokerage Thomson Schindle Green Insurance & Financial Services Ltd. (TSG). With branches in Medicine Hat, Calgary, Brooks, Bassano and Edmonton, TSG has been providing insurance

News InsuranceTechnology

One way to cut time and effort from handling paper forms

May 30, 2019 by Greg Meckbach

Do your workers spend hours typing information from paper forms into the computer? There are ways of automating this. “Nowadays, you probably have documents coming in and you put them on the scanner. When you are going to put them

News AppointmentsBrokers

This ‘leading practitioner’ in insurance law is now a judge

May 27, 2019 by Greg Meckbach

CORRECTION NOTICE: In an earlier version of this story, Glen L.C. Noel was incorrectly identified as a lawyer representing Lloyd’s in Lawlor v. Royal. In fact, Noel represented Mary Lawlor in that case. Canadian Underwriter regrets the error. Glen L.C.