ILSTV News
Your Source For Daily Insurance News & AnalysisWestland 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...
Insurance Bureau of Canada Reacts to Ontario Budget
TORONTO, Nov. 5, 2020 /CNW/ - Following the Ontario Budget, Insurance Bureau of Canada (IBC) issued this statement: IBC applauds the Ontario government for its 2020 Budget – Ontario's Action Plan: Protect, Support, Recover. "During these uncertain times, the Ford...
While Halloween may look different this year due to #COVID19, it’s still a great opportunity to have some fun!
Make a little magic for a Halloween like none other!
Canada: Do Ontario Insurance Laws Have Extraterritorial Effect?
20 October 2020 The excerpted article was written by Michelle Isenstein McCague Borlack LLP * Revisiting Unifund v ICBC in the 2020 case of Travellers v. CAA, 2020 ONCA 382 In the case of Unifund Assurance Co. v. Insurance Corp. of British Columbia, a family insured...
Brookfield Business Partners to buy residential mortgage insurer Genworth MI Canada
TORONTO _ Brookfield Business Partners LP has signed a deal to buy the remaining interest in Genworth MI Canada Inc. that it does not already own in an offer that values the company at about $3.8 billion. Brookfield owns a 57 per cent stake in the residential mortgage...
Ontario promises action to address rising insurance rates as critics urge regulation
By Shawn Jeffords THE CANADIAN PRESS TORONTO _ Under pressure to address rising commercial insurance rates blamed on the pandemic, Premier Doug Ford promised this week to take action to stop what he called ``gouging'' by some companies in the sector. Ford twice this...
