Manitoba regulator reduces penalty on compassionate grounds

A regulator has reversed its decision to fine an agent $10,000. Instead, he will be fined only $100 plus partial investi…

P&C | July 16 2021 01:56PM
Holly A. Moore promoted at Chubb

Her new senior management position has North American reach.

P&C | July 15 2021 03:01PM
Equitable Bank offers eligible Desjardins policyowners access to CSV credit lines

The bank has cash surrender value line of credit arrangements with six other insurers.

LIFE INSURANCE | July 15 2021 01:00PM
Regulator sanctions advisor for inappropriate deferred sales charge fund sale

The advisor admitted recommending a trade in a mutual fund that unnecessarily subjected a client to a deferred sales cha…

INVESTMENT | July 15 2021 11:46AM
Fines levied against licensees who fail to respond to demands for information

In two recent decisions, an insurance regulator has levied fines against an agent and a car dealership, respectively, af…

P&C | July 14 2021 02:30PM
Clients should consult advisors before spending big

Canadian financial advisors need to have a serious talk with clients who are pondering big-ticket purchases in the post-…

INVESTMENT | July 14 2021 01:30PM
Long-term care insurance: One player left

One of the two insurers that still offer long-term care insurance is exiting the market.

LIFE INSURANCE | July 14 2021 10:30AM