Insurance

Industry

Show clients how insurance policies work

Do clients understand their insurance coverage?

By Staff |June 19, 2013

3 min read

Life

Life insurance helps the economy

Canadians receive more than $1.2 billion per week in benefits paid by life insurance companies

By Helena Smeenk Pritchard |June 19, 2013

2 min read

Industry

Canadians don’t get public vs. private healthcare

More than half of Canadian employees who have yet to deal with the healthcare system expect their plan sponsor to provide high level support.

June 19, 2013

2 min read

Industry

Receivables insurance association formed

Less than 1% of Canadian companies currently utilize receivables insurance as part of their financial planning – or less than 10,000 of Canada’s 1.1 million employer businesses. That compares to market penetration rates of up to 30% in European countries with long trading traditions, and 15% in the U.S. But this is set to change with the creation of a new member-driven organization called the Receivables Insurance Association of Canada.

By Staff |June 13, 2013

2 min read

NY regulator uncovers $48 billion in “shadow insurance”

New York-based insurers and their affiliates are on the hook for at least $48 billion in hidden ‘shadow insurance’ transactions through shell companies in other states and offshore, a New York State Department of Financial Services (DFS) investigation reveals.

By Staff |June 13, 2013

5 min read