Drivers arrested after bus crash leaves tens of thousands without power

LONGUEUIL, Que. – The two drivers involved in a bus crash that caused a major power outage on Montreal’s South Shore on Saturday have been arrested. Police in Longueuil, Que., confirmed late Sunday that they had arrested the two drivers. Some 88,000 Hydro-Québec clients lost power after a bus, which was carrying volunteer firefighters from […]

By Jason Contant | July 10, 2024

1 min read

Shareholder activism: An emerging risk for D&O insurers

Last year was “a banner year” for shareholder activism, with at least 47 Canadian companies targetted by activists in 2023, “well in excess of even pre-pandemic levels of activity,” Davies law firm notes. Directors’ and officers’ insurance underwriters will no doubt have an eye on this phenomenon going forward, as the D&O market in Canada […]

By David Gambrill | July 9, 2024

2 min read

Ticketmaster says data security incident may affect users’ personal details

Thousands of Ticketmaster users may have had their data compromised in a security breach. Ticketmaster says it discovered unauthorized activity on an isolated cloud database hosted by a third-party data services provider between April 2 and May 18. The company learned a few days later that some personal information of customers may have been affected, […]

By Jason Contant | July 9, 2024

1 min read

HR

Westland continues M&A streak with Alberta deal

Less than a week after it announced the acquisition of two Canadian P&C brokerages, Westland Insurance continues its M&A spree with a deal involving Alberta Best Insurance Ltd. Westland’s acquisition of the well-established P&C brokerage became effective July 2. With locations in Beaumont and Leduc, Alta., Alberta Best Insurance has been offering insurance for more […]

By Jason Contant | July 9, 2024

2 min read