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.
Category: Company News
“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.
As previously reported, Economical is waiting for regulations from the federal Department of Finance that are required in order to proceed with the company’s previously announced demutualization process.
State Farm has donated $5,000 to the Canadian Red Cross to help with its efforts in assisting Ontario residents affected by damaging spring flooding.
Drivers with good habits can now save up to 25 per cent on their car insurance
“Insurance sales dropped to $619 million in the quarter from $799 million, hit by tax and product changes in Japan and price increases to protect margins and lower sales of group benefits to large clients in Canada” chief executive Donald Guloien
“We want to support our customers that are affected by damages caused by the severe flooding,” said Lloyd Fleming, Vice President, Central and Northern Ontario District, BMO Bank of Montreal.