Industry

Heartland Farm Mutual proposes merger with The Kings Mutual

Heartland Farm Mutual Inc. and The Kings Mutual Insurance Company have reached an agreement to merge under the name Heartland Farm Mutual Inc. Waterloo, Ont.-based Heartland Farm Mutual and Berwick, N.S.-based The Kings Mutual Insurance Company announced the proposed merger Monday. Policyholder meetings are planned for May 2021, with a proposed effective date for amalgamation […]

By Jason Contant | January 18, 2021

3 min read

Where this direct sees advantages over the broker channel

Better engagement with customers and the ability to respond quickly to change are just two reasons why the leader of one of Canada’s biggest direct insurance companies sees an advantage for companies like his over competitors that sell through the broker channel, all of which is being enforced thanks to the COVID-19 pandemic. Better engagement […]

By Adam Malik | January 18, 2021

3 min read

How an award-winning risk manager helped absorb a rate spike

Betty Clarke recently received the highest honour for risk managers in Canada. One example of why she is deserving of such recognition lies in how she helped her employer prepare to absorb a drastic insurance rate increase. Clarke is the manager of corporate risk and recovery for the City of St. John’s. She prides herself […]

By Adam Malik | January 15, 2021

3 min read

New Brunswick city rebuilding its IT system after major cyberattack

Saint John, N.B., is rebuilding its computer network rather than submitting to criminals who launched a cyber attack against the city in November. City manager John Collin updated council Monday on the city’s efforts to rebuild its IT system following a ransomware attack; he said no ransom was paid. Hackers launch ransomware attacks by infecting […]

By Jason Contant | January 15, 2021

2 min read