Group warns that vulnerable seniors would be at risk if private member's bill passes
CLHIA applauds move aimed at protecting consumers
Insurer offered accidental death and hospitalization insurance products through employees of a telemarketing firm
Purchase establishes firm’s leadership in life settlement market
Regulator explains rationale behind its decision not to allow insurance firms to use internal models that incorporate mean reversion in equity returns
Creditors could recover the funds promised by the firm, as the court-appointed monitor has received $10 million in income
Life settlement firm distributed securities without registration
But KPMG notes that it doesn’t necessarily expect to be able to sell the assets at their full valuation
Two Ontario-based companies are underwater after failing to match premiums and death benefits