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Category: Company News
The year in Business: 2013 The business pages weren’t monopolized by corruption and tragedy in 2013, but a lot of the other news wasn’t especially cheery (regardless of what those annoying — and apparently interminable — Economic Action Plan ads suggest).
Our initial focus will be the public and private sector insurance carriers, auto-dealership groups and independent mobile retail stores throughout Canada. The agreement provides Protext Mobility the ability to leverage the experience and expertise of the insurance broker channel across Canada in partnership with traditional auto-insurers.”
According to data compiled by SNL, GEICO logged $4.89 billion in direct premiums written during the third quarter of 2013, while Allstate recorded $4.65 billion in premiums.
Beale has 30 years of insurance and reinsurance experience and held the top job at Canopius Group since January 2012.
After providing door-to-door mail delivery to Canadians for more than 140 years, Canada Post announced today that it will be phasing out their home mail delivery. PS/ Postage is going up (85 cents each if you buy a pack – a dollar if you buy a single) & THOUSANDS of jobs will be eliminated.
Effective immediately, Economical Insurance®, Economical Select®, Western General® and Perth Insurance® are accepting electronic signatures on new business applications for personal and commercial insurance policies.
A panel of experienced judges at World Finance subsequently selected Economical as the winner after reviewing responses from each of the four finalists to questions on corporate social responsibility, achievements, delivering on customer expectations, and risk assessment.
“The unexpected death of Pierre Wauthier has deeply shocked me,” Ackermann said in a statement today. “I have reasons to believe that the family is of the opinion that I should take my share of responsibility, as unfounded as any allegations might be.”
Western Financial Group’s (Western) Board of Directors announces the appointment of Jeff Burke as President effective September 1. Burke will assume CEO responsibilities on January 1, 2014. This is the first leadership change in Western’s 17-year history.
Hopes of BlackBerry returning to its glory days have all but disappeared as the smartphone company delivered the most damning proof that its new phones are a sales flop by moving forward with a plan that could result in the sale of its operations.
Hub International Limited (Hub), a leading global insurance brokerage, announced Aug 5, 2013 that it has entered into an agreement to be acquired by funds advised by Hellman & Friedman LLC. The transaction values Hub at approximately US$4.4 billion.
Great-West also announced Thursday that the new CEO of Irish Life is Bill Kyle, a 34-year veteran of the Canadian insurance giant.
“RBC is committed to helping residents recover and rebuild from this powerful tornado,” said John Taft, CEO of RBC Wealth Management, U.S. “We are proud to partner with the Red Cross in support of their relief efforts in aiding those affected by this devastating event.”
Dickson, who has been widely praised for her no-nonsense approach to bank business practices, had been deputy superintendent and acting superintendent before taking over the top job at the financial regulator.
“We’re very proud to be able to bring Coast Capital Insurance Services into our family of companies. It is a tremendous organization that has the same commitment to community as we do,” said Scott Tannas, President and CEO of Western.