Monthly Archive: September 2020

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Hub International acquires Elevate Insurance Brokers

Alberta-based independent P&C insurance agency Hub’s latest acquisition Chicago, IL (Sept. 2, 2020) – Hub International Limited (Hub), a leading global insurance brokerage, is pleased to announce that it has acquired Elevate Insurance Brokers...

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Canada Life introducing RESP to group benefits plans

Staff  | September 2, 2020 Canada Life Assurance Co. is introducing a self-directed registered education savings plan to help employers support their employees’ varying financial priorities. Employers can add the RESP to their employee benefits...

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Taking life insurance sales beyond kitchen-table conversations

As the world continues to fight through the COVID-19 crisis, various thought leaders and policymakers have suggested that recovery efforts be taken as an opportunity to “build back better.” And according to the co-founder...

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How Canada’s genetic non-discrimination ripples out to life insurers

Recently, the Supreme Court of Canada upheld federal legislation that prevents third parties from demanding genetic information from individuals. Those third parties include insurance companies, which effectiveky face prospective prosecution unless they take appropriate...

Need For Life Insurance Heightened By The Global Pandemic

Courtesy of LIMRA One thing that the COVID-19 pandemic has made clear is that life is fragile and a person’s financial situation can change very quickly. Yet, despite the fact that people generally recognize...

Life/Annuity Industry’s 2020 Net Income Falls 66%, A.M. Best Finds

The life/annuity industry’s net income fell by 66% in the first half of 2020, compared with the year-ago period, A.M. Best reported today, driven by a major reinsurance agreement inked between Jackson National and...