All provinces experience an uptrend in premium rate changes in 2024.
A ruling has been issued regarding the class action lawsuit filed against the company.
Several insurers have been at the heart of major transactions closed during the last 12 months.
Premium rate increases slow across most commonly placed commercial lines.
The company intends to use AI to improve the speed and quality of insurance business processes.
Unambiguous standards still require corresponding implementation guides and adoption frameworks.
Home insurance premium rates rose, while auto insurance premium rates declined year over year, Applied reports.