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Bulletin


No. G-07/96
- General

Licensing Changes - Third Quarter 1996


As part of ongoing efforts to communicate matters of interest to the insurance industry, the Ontario Insurance Commission (OIC) is releasing the following information on changes to licences for the quarter ending September 30, 1996.

The changes in the third quarter of 1996 are announcements regarding an insurance company with a new licence and licence amendments.  Two license amendments omitted from the second quarter of 1996 report are also listed.

New companies:

  • Virginia Surety Company, Inc.

    The company is licensed for liability insurance. Virginia Surety Company, Inc.'s contact in Ontario is
    Mr. Dan C. Evans
    Chief Agent
    7300 Warden Ave., Suite 300
    Markham, Ontario L3R OX3
    Phone: (905) 305-1922
    Fax: (905) 305-8600

2 July 1996

Other licence amendments:

  • Algoma Mutual Insurance Company

    Deleted Class: Accident & Sickness

29 August  1996
  • Balboa Insurance Company

    All existing classes and conditions were deleted and replaced with the authority to transact property insurance.  

1 May 1996
  • Balboa Life Insurance Company

    Class Added: Accident & Sickness

1 May  1996
  • The Canadian Surety Company

    Deleted Class: Accident & Sickness

29 August  1996
  • Consolidated General Insurance Company Limited

    Name Change: GE Capital Casualty Company, Canada

23 August 1996
  • Lobo Mutual Insurance Company

    Classes Added: Boiler & Machinery and Fidelity. Fidelity is limited to the plan of insurance, and any subsequent amendments, filed by the Ontario Mutual Insurance Association with the Superintendent of Insurance

1 August 1996
  • Ekfrid Mutual Insurance Company

    Class Added: Boiler & Machinery

17 July 1996
  • First North American Insurance Company

    Class Deleted: Accident & Sickness

29 August 1996
  • GAN General Insurance Company

    Class Deleted: Title

9 August 1996
  • Lambton Mutual Insurance Company     

    Class Deleted: Accident & Sickness

29 August 1996
  • Life Investors Insurance Company of America

    Add French form of company name: CompagnieD'Assurances Life Investors D'Amérique

27 August 1996
  • The Non-Marine Underwriters, Members of Lloyd'sLondon, England

    Class Added: Marine (Note: The name reflects the current federal registration)

18 September 1996
  • Progressive Casualty Insurance Company

    Classes Deleted: Liability and Surety

29 August 1996
  • Progressive Casualty Insurance Company of Canada

    Classes Deleted: Liability and Surety

29 August 1996
  • St. Paul Fire and Marine Insurance Company

    Class Deleted: Accident & Sickness

29 August 1996
  • SCOR Reinsurance Company of Canada

    Name Change: SCOR Canada Reinsurance Company

15 July 1996
  • West Elgin Mutual Insurance Company

    Class Deleted: Boiler & Machinery

29 August 1996
  • The Westminster Mutual Fire Insurance Company

    Name Change: The Westminster Mutual Insurance  Company

12 September 1996
  • York Fire & Casualty Insurance Company

    Removal of  conditions imposed by the Commissioner of Insurance on June 1, 1995

18 September 1996

Grant S. Swanson
Acting Superintendent of Insurance

October 31, 1996