Advisor reaction to proposed commission changes was not positive
Life insurers also face the difficult task of keeping up with various other competitive pressures and changes in consumer expectations
An expert committee has recommended an overhaul of Ontario's regulatory structure
Rino D’Onofrio of RBC Insurance was elected vice chairman and Anthony Garcia of Foresters was appointed to a three-year term on the board
Tim Ramza will guide the firm’s corporate innovation efforts and chair its Global Innovation Council
Although 94% of Canadians would like to have guaranteed income for life in retirement, 61% say they don’t understand what an annuity is and how it might help
But the court wants more evidence on the claims of policyholders who bought two types of UL policies
The purchase will add approximately 200 independent insurance advisors to iA Financial’s MGA subsidiary, National Financial Insurance Agency
Acquisition of CCV is part of a broader growth strategy for Rogers Insurance, which is interested in buying firms on the life and health insurance side of the business
Expansion of the U.S.-based insurance brokerage means growth for its Canadian MGA subsidiary