Hub International Acquires Alberta, Canada-Based Carlton Insurance Brokers Inc.

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the shares of Carlton Insurance Brokers Inc. (C.I.B.). Terms of the acquisition were not disclosed.

Headquartered in Jasper, Alberta, C.I.B. offers personal and commercial insurance and specializes in solutions for the transportation industry. C.I.B’s focus on the transportation industry supports Hub’s recent launch of its Specialty practices by complementing and strengthening Hub’s existing solutions in Canada.

The C.I.B. team will join Hub Barton, and Tony Carlton, CEO of C.I.B., will report to Doug Lyall, VP of Sales, Hub Barton, and Elizabeth Fiegehen, VP of Operations, HUB Barton.

About Hub’s M&A Activities

Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.  For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International

Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.

Industry experts share their tips in wake of investigation into local funeral home

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‘OK Google, find me a job’: New job search feature launches in Canada

‘OK Google, find me a job’: New job search feature launches in Canada

TORONTO _ Google has launched its job search feature in Canada.

The feature appears within its existing search engine, when users type in queries including “jobs near me”, “summer jobs”, “government jobs”, “work from home jobs” or “jobs in Canada”.

Once a user searches one of the terms or a similar work-related query, Google will offer webpages it determines are job postings.

The postings can be filtered to view opportunities based on the commute distance, job title and time commitment.

Users will also be able to save their job searches and set up email notifications to be alerted as soon as new postings appear.

The job search function was first piloted in the U.S. and India.

Google’s philanthropic arm is also giving $1 million to Toronto’s MaRS innovation hub to develop an employment platform that will launch next year and aims to help workers navigate the changing job market.

Stressed-out working CDN’s want to invest in themselves but can’t afford it

Working Canadians are stressed. According to a recent TD survey, two thirds say they experience moderate to high levels of stress at their job. An overwhelming majority of them (95 per cent) consider it important to invest in themselves, but over half (53 per cent) don’t do it as frequently as they’d like.

Canadians working in health care and social assistance, or finance, insurance and real estate are more likely than average to say they experience high or moderate levels of stress at their job. While it’s clear working Canadians want to devote time to themselves, two thirds (67 per cent) of those who don’t invest in themselves as much as they’d like to say they don’t because they can’t afford it. Furthermore, 82 per cent of working Canadians said they would invest in themselves more if they had the financial resources to do so.

“Canadians recognize the importance of taking a break and doing something good for themselves, but often don’t because of the associated cost,” says Jennifer Diplock, Associate Vice President, Personal Savings and Investing, TD Canada Trust. “It’s important to strike a balance in life, and one way to do that is for Canadians to view these expenses as an investment in their well-being.”

While investing in yourself can mean something different to everyone, most working Canadians (81 per cent) say they’d prefer to take a vacation. Millennials, however, are more likely than average to want to start or continue a hobby (54 per cent), further their education (29 per cent) or start a new business or side hustle (17 per cent). Ideally, three quarters of working Canadians (74 per cent) would invest in themselves a minimum of twice per year, and say their top motivators are relaxation (66 per cent), refreshing themselves (62 per cent) and improving their mental health (49 per cent).

“Whichever way you choose to find balance in the daily grind, whether it’s a family vacation or starting a new hobby, investing in yourself doesn’t have to break the bank,” says Diplock. “It’s about setting a goal and managing your savings to ensure you have enough to refresh and re-energize yourself. Try setting up a “me” fund and make regular contributions or, if you will receive a tax refund, use it as a starting point to help you achieve your goals.”

For those looking to strike a balance in life, TD offers the following tips on how to help invest in yourself:

  • Find your passion: Life should be about more than just work, we need play too. Think about the activities you love doing and schedule time in your calendar to do them weekly or monthly. Don’t know what your passion is? Experiment by trying new classes, joining a new team or rec league, or organizing a group of friends to try new activities.
  • Use your tax refund: If you’re fortunate enough to receive a tax refund this year, like the 54 per cent of Canadians who expect to2, why not use it to invest in yourself? Taking a vacation or going back to school can be expensive, but your tax refund can help provide the start you need. For short-term savings goals, consider investing in a safe but flexible product with a guaranteed rate, like Cashable GICs at TD, which will help you achieve your saving and investing goals, or reach your goals faster with a TD High Interest Savings Account, which can help encourage you to save more.
  • Take a staycation: You don’t have to leave the country to experience a relaxing vacation. Plan a vacation closer to home to do the things you’ve always wanted to do but have never gotten around to. For example, book a relaxing afternoon at a local spa, have a leisurely lunch at your favourite restaurant or explore the latest buzzed-about art exhibit. Plus, staying close to home can be a more affordable option if you’re looking for something to help fit within your broader strategy.
  • Start a “me” fund: Investing in yourself should be treated like other items you’re saving for, like a car or new computer. Open a Tax-Free Savings Account that can help build your savings faster with tax-free growth and contribute to it regularly3. You can also set up automatic transfers using any one of TD’s Automated Savings Optionsto help you reach your savings goals sooner.

For more information, please visit www.tdcanadatrust.com.

Crawford Forensic Accounting Services Launches an Online Business Interruption Calculator

Crawford & Company (Canada) Inc. today announced the launch of an online simple loss calculator as an enhancement to its Crawford Forensic Accounting Service offering. Coupling technological innovation with the company’s forensic accounting and claims management expertise, this loss calculator was developed to assist in the management of business interruption losses. By design, the loss calculator is tailored towards retail and wholesale business interruption claims where the loss duration is 14 days or less.

“As a claims and risk management firm we are committed to simplifying and expediting the claims cycle by developing and investing in innovative technology and tools, and leveraging appropriate experts,” said Paul Hancock, vice president, Global Technical Services (GTS) Canada, Crawford & Company (Canada) Inc. “This tool was designed to assist our clients and the marketplace in determining the initial extent of a business interruption loss, set reserves, and map out an appropriate course of action.”

For risk management purposes, Crawford’s loss calculator can assist in managing the impact of business interruption losses by requesting initial information required to take appropriate action. The calculator is easy to use. It consists of a five-step process, with prompts, that directs users through each step to help ensure that all the necessary information is captured.

Across all of its global service lines, Crawford is building industry solutions and this loss calculator is one more addition to its product suite.

Crawford’s mission is to restore and enhance lives, businesses and communities,” said Pat Van Bakel, president & chief executive officer, Crawford & Company (Canada) Inc. “This calculator helps to accelerate the claims process, helping businesses to recover and return to normal business operations quickly.”

About Crawford®

Based in Atlanta, Crawford & Company (NYSE: CRD‐A and CRD‐B) is the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self‐insured entities with an expansive global network serving clients in more than 70 countries. The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRD-A must receive the same type and amount of consideration as holders of CRD-B, unless different consideration is approved by the holders of 75% of CRD-A, voting as a class. More information is available at www.crawfordandcompany.com.

SOURCE Crawford & Company (Canada) Inc.

IBC welcomes the creation of expert panel on sustainable finance

Today, the federal government announced that it will create the Sustainable Finance Expert Panel, which will consult with Canada’s business leaders, including insurers, on opportunities related to sustainable finance, including climate-related disclosures.

The Expert Panel builds on the work of the Task Force on Climate-related Financial Disclosures (TCDF), led by Michael Bloomberg, that was established by the Financial Stability Board and chaired by Governor of the Bank of England Mark Carney. The Task Force is recognized worldwide for its ground-breaking work to develop voluntary recommendations on climate-related information that companies can disclose to help investors, lenders, and others make sound financial decisions.

IBC and several insurer CEOs attended a round table with the Minister of Environment, the Honourable Catherine Mckenna, the Minister Finance, the Honourable Bill Morneau and Governor of the Bank of England Mark Carney. The industry encouraged the government to focus its efforts on climate change adaptation. Following the roundtable, the government announced the creation of the expert panel.

“Investors require a financial framework that lowers our risk in an era of unpredictable climate change,” said Don Forgeron, President & CEO, IBC. “IBC and its members have advocated for and welcome the development of a sustainable financial framework, which will be instrumental in transitioning Canada to a low carbon economy.”

About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada’s private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.

P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 120,000 Canadians, pays $8.2 billion in taxes and has a total premium base of $52 billion.

For media releases and more information, visit IBC’s Media Centre at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau and like us on Facebook. If you have a question about home, auto or business insurance, contact IBC’s Consumer Information Centre at 1-844-2ask-IBC.

If you require more information, IBC spokespeople are available to discuss the details in this media release.

SOURCE Insurance Bureau of Canada

For further information: To schedule an interview, please contact: Steve Kee, Director, Media & Digital Communications, IBC, 416-362-2031 ext. 4387, 416-841-5669, skee@ibc.ca

Related Links

http://www.ibc.ca

Organization Profile

Insurance Bureau of Canada

Insurance Bureau of Canada is the national industry association representing Canada’s private home, car and business insurers. Its member companies represent 90% of the property and casualty (P&C) insurance market in Canada. The P&C insurance industry employs over 114,000 Canadians, pays more than $7 billion in taxes to the federal, provincial and municipal governments, and has a total…

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