Hidden Ace Brokerage, which purports to be “fighting high insurance rates” in the greater Toronto area, and says it “takes pride in delivering the quotes that insurance companies don’t want you to see,” is not authorized to place home or…
More than four months after the release of David Marshall’s report on auto insurance, Insurance Bureau of Canada’s president and chief executive officer is hoping Ontario’s brokers will “add their voice” to calls from the industry to “fundamentally overhaul” auto…
PC Financial Insurance Broker Inc. – which places home and auto insurance in Ontario, Alberta and Atlantic Canada – will continue to be owned and operated by grocery and drug retailer Loblaw Companies Ltd., a PC Financial spokesperson told Canadian Underwriter Wednesday.
President’s Choice Bank, a Loblaw unit, announced Wednesday it has ended its 20-year relationship with the Canadian Imperial Bank of Commerce.
“Everyday banking products, including savings, chequing and mortgage accounts, previously offered under the President’s Choice Financial brand will continue to be provided by CIBC, under new branding…
The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers that an organization known as Switzerland Imperial Bank AG, or S I B AG Corporation, is not licensed to conduct insurance business in Ontario. “Switzerland Imperial Bank…
The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers about a mail scam conducted involving an unlicensed insurance company called TD Insurance, Melohre Mannex. “Although this company may have a similar name to a licensed insurance company,…
triOS College Business Technology Healthcare announced on Monday that it will be introducing a new insurance diploma and insurance specialist diploma program beginning in the spring of 2017. The program is designed to address the huge need for individuals to…
The Registered Insurance Brokers of Ontario (RIBO) has embarked on a major overhaul of its spot check program with the twin goals of promoting better consumer protection and improved broker risk management, says Norma Hitchlock, RIBO’s outgoing president. While the…
The Financial Services Commission of Ontario (FSCO) is warning consumers about a mail scam conducted by an unlicensed company, Prudential Financial Clearing Services. This company has issued notices advising recipients that they are among the winners of a U.S. Telecommunication…
Brokers clearly understand the need to respect customer privacy. With the passage of the Digital Privacy Act, that responsibility continues, but a few new ones have been added. Brokers should have a plan, choose partners wisely and identify potential liabilities.