ILSTV News
Your Source For Daily Insurance News & AnalysisChange made to insurance for B.C. condo owners amid rising premiums
VICTORIA _ Insurance companies in British Columbia have agreed to end a pricing practice that has been identified as one of the key factors in skyrocketing property insurance premiums for condominiums. Earlier this year, the B.C. Financial Services Authority said...
Sun Life CEO Dean Connor will retire next August, CFO Kevin Strain to replace him
TORONTO _ Sun Life Financial Inc. says its president and chief executive will retire next year. The Toronto-based insurance company says Dean Connor, 64, will depart Sun Life on Aug. 6. The company's current executive vice-president and chief financial officer, Kevin...
Holiday CounterAttack roadchecks start this weekend
This year's holiday CounterAttack campaign is kicking off this weekend with police roadchecks set up across the province. ICBC and police are urging drivers to plan ahead and make smart decisions to get home safely this holiday season. Although COVID-19 has changed...
ILScorp Offices Are Closed for Remembrance Day
The ILScorp offices will be closed Wednesday, Nov. 11. Take the time this Remembrance Day to remember and honour those who have, and who continue to, make sacrifices for our country. We’ll be back Thursday morning, ready to take your calls, answer your questions and...
CNA Canada Launches Epack 3
TORONTO, Nov. 10, 2020 /CNW/ -- CNA Canada today launched Epack 3, its next generation modular management liability, technology and professional liability, cyber, and media policy that combines clear, concise and easy-to-read language with a flexible policy structure....
Westland Insurance Expands Footprint in Manitoba with Acquisition of MIG Insurance
SURREY, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Westland Insurance Group Ltd. (“Westland”) is pleased to announce the closing of the acquisition of MIG Insurance Group, effective November 6, 2020. This acquisition supports Westland’s expansion strategy to...
Intact Financial Corporation – Possible Offer for RSA Insurance Group
TORONTO, Nov. 9, 2020 /CNW/ - On 5 November 2020 RSA announced that it had received an approach from Intact and Tryg A/S ("Tryg") (together the "Consortium") regarding a possible cash offer by the Consortium for RSA at a price of 685 pence per RSA share (the...
More than ever before, Canadians are facing financial risk
As Canada deals with a global pandemic and rising household debt, Goose Insurance warns that most Canadians can't afford further financial setbacks caused by a life-threatening illness. VANCOUVER, BC, Nov. 9, 2020 /CNW/ - Goose Insurance, a new player in the life and...
Read moreDesigned to protect all Canadians from financial crisis due to a critical illness
Foresters Financial launches new critical illness insurance
Designed to protect all Canadians from financial crisis due to a critical illness TORONTO, Nov. 9, 2020 /CNW/ - Foresters Financial™, the 146-year-old fraternal life insurer, today announces the launch in Canada of Live Well Plus and Live Well, critical illness...
Drive Safe. Drive Less. Save Money
Usage Based Insurance gives customers more control over auto insurance premium TORONTO, Nov. 9, 2020 /CNW/ - Intact Financial Corporation (TSX: IFC) gives customers more control over their auto insurance premium and responds to their changing needs with usage-based...