Most popular life insurance articles of 2024
As 2024 comes to a close, the Insurance Portal invites you to read or re-read our ten most popular life insurance articles of the year.
The Financial Services Regulatory Authority of Ontario made an announcement May 31, that ivari, owned now by Sagicor Financial Company Ltd., will be subject to conditions on its insurance license in the province going forward.
Insurers are increasingly leveraging predictive models and streamlined processes to offer high-value policies without requiring medical exams or fluid tests.
The Council has cancelled an agent’s life and accident and sickness insurance license and will not consider an application for re-licensing for three years, for numerous material misstatements to the regulator, including that he had no criminal record.
The Council has sanctioned a life, accident and sickness insurance agent and a level 2 general insurance agent, after she sold life policies to her former business partner and his associate, who in turn reported her, claiming she sold the policies only to meet persistency goals.
A $500 fine was imposed on an agent for submitting a signed life insurance application indicating 'no' to all insurability questions for a client who was in an intensive care unit.
Having held the position of President and Chief Operating Officer for the insurer's Canadian operations for the last six years, Jeff Macoun announced ending a career spanning over 40 years at Canada Life.
From 2010 to 2023, the number of life insurance policies sold dropped from 733,941 to 667,752. Meanwhile, the Canadian population grew from 33.8 million to 39.5 million. What explains this concerning trend?
At Empire Life, allowing consumers to purchase simplified issue life insurance online by themselves has indirectly benefited advisors, explains Mike Stocks, Vice President and Chief Marketing Officer, Retail.
The Reinsurance Group of America has published some of its research investigating the effectiveness of behavioural science-influenced processes surrounding return to work efforts.
iA Financial Group announced July 15 that it has acquired two existing blocks of business from a company, expected to bring in more than $100-million in premiums annually.
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