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Bank of Nova Scotia
Loblaw to keep operating PC Financial home & auto brokerage after ending banking relationship with CIBC
August 17, 2017 by Canadian UnderwriterPC 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…
Supreme Court of Canada could hear appeal of lawsuit involving auditors’ duty of care to non-shareholder lenders
May 29, 2017 by Canadian UnderwriterCanada’s highest court will decide June 1 whether it will hear an appeal from a major auditing and accounting firm that could face a trial this fall in a class action lawsuit filed by several banks over the bankruptcy in…
Privacy class-action lawsuit in Ontario ‘settled on incredibly favourable terms’ to Home Depot: PCUC luncheon speaker
November 24, 2016 Greg Meckbach, Associate EditorHow companies respond to data breaches in which criminals obtain sensitive customer data is “hugely important” in reducing the risk of a class-action lawsuit, a lawyer suggested Wednesday to insurance professionals. At the November luncheon of the Property Casualty Underwriters…
Supreme Court of Canada to hear $5.4-million conversion lawsuit against banks arising from plaintiff’s employee’s cheque fraud
August 19, 2016 by Canadian UnderwriterA $5.4-million lawsuit – initially filed against four Canadian banks – arising from fraudulent cheques requisitioned by the plaintiff’s employee, will be heard by the Supreme Court of Canada. Canada’s highest court announced Thursday it granted leave to appeal to…