Monthly Archive: December 2019

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Sonnet Launches Group Insurance

Deloitte signs on to offer employees simplified home and auto protection Toronto, ON (Dec. 17, 2019) – Sonnet Insurance, Canada’s digital home and auto insurance company, is expanding its simplified insurance experience for Canadians...

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Aviva Canada shares quirky and unusual claims from the last year

Frisky kittens, sneaky snakes, crime fighting, and more Toronto, ON (Dec. 18, 2019) – In the last year, Aviva Canada has handled thousands of property and auto claims – including a few quirky and...

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Police Announce Disruption Of High-End Vehicle Theft Ring

Vehicle theft ring operated in Central and Eastern Ontario and Quebec Ottawa, ON (Dec. 17, 2019) – Several residents of Quebec are facing numerous criminal charges following a multi-jurisdictional investigation into hundreds of high-end...

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CPPIB investing in Indian distressed assets platform

Staff | December 18, 2019 The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary CPPIB Credit Investments Inc. The IndiaRF is a distressed-assets buyout platform, jointly sponsored...

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Co-op Refinery employees locked out over protracted pension dispute

Kelsey Rolfe | December 18, 2019 Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out members of Unifor Local 594...

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Insurers evolving from payers to protectors

The life and health insurance industry is about to enter a new decade, carrying with it many of the same cost and consumer demand pressures that have plagued it through much of the 2010s....

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Rematch set for multimillion-dollar life insurance fight

A legal fight between three of the country’s largest insurance companies and a group of investors that was settled in March as the Saskatchewan government quietly changed regulations to protect the industry is getting...

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Stakeholder groups speak out against Alberta’s move to biosimilars

Mirroring a recent move by British Columbia, Alberta has declared that it is implementing a biosimilar switching program, under which eligible patients will be switched from an originator biologic drug to an equivalent and...