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Hub acquires personal and commercial lines brokerage in Alberta

April 2, 2019 by Jason Contant

Hub International announced Tuesday it has acquired Del Fisher Insurance, an independent brokerage offering personal and commercial lines. Based in Calgary, Del Fisher Insurance has provided personal and commercial insurance solutions, including home, auto, business and contract bonding to area

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Jardine Lloyd Thompson acquired by Marsh & McLennan

April 1, 2019 by Greg Meckbach

Marsh & McLennan Companies Inc.’s acquisition of London, England-based Jardine Lloyd Thompson Group plc is now complete, New York City-based Marsh & McLennan announced Monday. The deal – which could form the world’s largest commercial property and casualty brokerage –

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Archway Insurance moves into Saint John with acquisition

April 1, 2019 by Jason Contant

Archway Insurance, one of Atlantic Canada’s largest brokerages, has moved into Saint John, N.B. with the acquisition of Hall & Fairweather Insurance, effective Monday. The Hall & Fairweather office expands independent brokerage Archway’s footprint in New Brunswick and gives the

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Do your insureds understand a “material change in risk”?

March 29, 2019 by Jason Contant

It’s not necessary for an insurer to prove that an insured knew a change in risk was “material” to the carrier, the Supreme Court of British Columbia has ruled. In May 2014, Wawanesa Mutual Insurance Company voided a homeowner’s policy

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How tax rules affect brokers selling business to children

March 26, 2019 by Greg Meckbach

If you own your brokerage and are concerned you would face a hefty tax bill if you sell the business to your kids, the federal government wants to hear from you. In his 2019-20 budget document, Finance Minister Bill Morneau

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Trisura Guarantee announces new CEO

March 19, 2019 by David Gambrill

Trisura Guarantee Insurance Company has appointed Chris Sekine as president and CEO. He succeeds Mike George, who will continue to work with Trisura Guarantee on a consulting basis. Sekine has led Trisura Guarantee’s surety group since its inception. He has

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BFL Canada appoints vice chair

March 19, 2019 by Jason Contant

Commercial insurance brokerage BFL Canada has announced the appointment of Norman M. Steinberg as vice chair. Steinberg was appointed to BFL’s board of directors in June of 2018. He was previously global chair of international law firm Norton Rose Fulbright.

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How this broker is binding Lloyd’s policies online

March 19, 2019 by Greg Meckbach

A Calgary-based Lloyd’s coverholder has re-launched its website to make it easier for brokers to bind policies for special events without having to deal with a lot of paper forms. PAL Insurance Brokers Canada Ltd. has allowed clients to apply

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How bad financials can affect your client’s insurance rates

March 15, 2019 by Greg Meckbach

Do insurers really care about a client’s balance sheet? A former lawyer who represented The Trump Organization recently suggested clients could get a good rate if the broker could be certain that the client could pay the premium. Brokers contacted

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Broker fined for failing to review with his client a $1.4-million coverage change

March 14, 2019 by David Gambrill

A Manitoba broker is out of pocket $1,000 for failing to review with his client a $1.4-million change to a client’s commercial property insurance policy. On Dec. 12, 2011, an insurer requested renewal instructions from Manitoba broker Horace Smaczylo, as

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Renowned independent broker returns to the big stage with a new brokerage

March 13, 2019 by David Gambrill

A big name in Manitoba’s independent brokerage community, Peter Leipsic, is making a return to the scene as a senior partner at a new brokerage called Dimensions Insurance Management Inc. He was executive vice president at Horizon Insurance (the province’s

News BrokersMergers and Aqcuisitions

The strategy behind BrokerLink’s latest acquisitions

March 12, 2019 by Greg Meckbach

If you run a brokerage in Ontario, Alberta or Atlantic Canada and there is no BrokerLink in your town, there soon could be. Intact Financial Corp.’s BrokerLink unit has closed seven brokerage acquisitions since Jan. 1, said Paul Meyer, BrokerLink’s