Industry

Brokerage M&A activity surges amid pandemic

Brokerage consolidation has exploded, with at least six acquisitions announced across Canada in the past week. Most recently, large brokerage Westland Insurance Group  announced Wednesday the closing of four deals, adding new retail offices in British Columbia, Alberta and Manitoba. “These acquisitions strengthen our presence in western Canada and for the first time provide us […]

By Jason Contant | September 3, 2020

4 min read

Lawsuit filed against makers of Montreal-area dike that burst, flooding town

MONTREAL – A Montreal-area town says its insurance company is suing the maker of a dike that burst last spring, flooding streets and forcing thousands of residents from their homes. Officials from Ste-Marthe-sur-le-Lac said Tuesday legal action has been filed against the firm Gendron Lefebvre, which was responsible for work carried out in 1979. The […]

By Jason Contant | September 3, 2020

1 min read

Quebec class-action request filed on behalf of alleged victims of ex-hockey coach

MONTREAL – A Quebec law firm is launching a $10-million class-action lawsuit on behalf of the alleged victims of a former Montreal police officer and hockey coach who died awaiting trial on sex-related charges. The request for authorization filed Tuesday alleges Francois Lamarre sexually abused dozens or possibly hundreds of children over a 30-year period, […]

By Jason Contant | September 2, 2020

3 min read

Behind the scenes of Hub’s latest Canadian acquisition

Hub announced the acquisition of Grande Prairie, Alta.-based Elevate Insurance Brokers Wednesday. Elevate is a locally-owned, independent full-service brokerage that provides home, auto, recreational vehicle and business insurance. Elevate Insurance president Pierce Krol and partner Otilja Majewski will join Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West). Krol […]

By Jason Contant | September 2, 2020

2 min read