Insurance

BMO Insurance raises UL rates Fallback Image Decorative pattern

Industry

BMO Insurance raises UL rates

BMO Insurance is raising level-cost-of-insurance rates on its universal life products.

By Melissa Shin  and  Philip Porado |July 26, 2012

1 min read

Western Financial acquires marine insurance brokerage Fallback Image Decorative pattern

Industry

Western Financial acquires marine insurance brokerage

Western Financial Group has acquired B.C. Yacht Insurance Brokers. B.C. Yacht was founded in 2006 and specializes in watercraft insurance. It’s headquartered in Sidney, British Columbia, and is Western Financial’s second Vancouver Island purchase of 2012. Read: Insuring the Boat “We’ve developed specialized expertise and underwriting agreements with respect to watercraft and marine insurance,” says […]

By Staff |July 24, 2012

1 min read

How to function under low interest rates Fallback Image Decorative pattern

Life

How to function under low interest rates

Interest rates haven’t been this low since the 1930s. Here’s how one insurer is adapting

By Melissa Shin |July 23, 2012

3 min read

How insurers can handle interest rate risk Fallback Image Decorative pattern

Life

How insurers can handle interest rate risk

Long-term interest rates remain historically low, and the U.S. Federal Reserve has no plans to raise rates until 2014.

By Suzanne Sharma |July 23, 2012

2 min read