Insurance – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 03 Oct 2023 14:31:07 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Insurance – Advisor's Edge https://phoenix.advisor.ca 32 32 IA Financial buying U.S. insurance company Vericity for US$170 million https://phoenix.advisor.ca/insurance/life/ia-financial-buying-u-s-insurance-company-vericity-for-us170-million/ Tue, 03 Oct 2023 14:31:07 +0000 https://www.advisor.ca/?p=231416 Vericity includes insurance carrier Fidelity Life and direct-to-consumer agency eFinancial

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Insurers continued paying record benefits in year three of pandemic https://phoenix.advisor.ca/insurance/life/insurers-continued-paying-record-benefits-in-year-three-of-pandemic/ Tue, 26 Sep 2023 15:34:36 +0000 https://www.advisor.ca/?p=231141 Total premiums collected by insurers also rose in 2022, according to the CLHIA

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When does a death benefit not pay out? https://phoenix.advisor.ca/insurance/life/when-does-a-death-benefit-not-pay-out/ Tue, 08 Aug 2023 20:53:51 +0000 https://www.advisor.ca/?p=229401 Advisors should be as thorough as possible when going through insurance applications with a client

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FSRA consults on consumer warnings https://phoenix.advisor.ca/insurance/life/fsra-consults-on-consumer-warnings/ Mon, 31 Jul 2023 20:10:51 +0000 https://www.advisor.ca/?p=229313 Regulator issues proposed guidance for public comment until Aug. 25

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OSFI consults on crypto rules for banks, insurers https://phoenix.advisor.ca/insurance/life/osfi-consults-on-crypto-rules-for-banks-insurers/ Wed, 26 Jul 2023 17:52:14 +0000 https://www.advisor.ca/?p=229124 New guidelines adopt global banking regulators' standards

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Brookfield Reinsurance signs deal for American Equity Investment Life Holding Co. https://phoenix.advisor.ca/news/industry-news/brookfield-reinsurance-signs-deal-for-american-equity-investment-life-holding-co/ Wed, 05 Jul 2023 17:55:57 +0000 https://www.advisor.ca/?p=228128 The US$4.3-billion deal is expected to close in the first half of 2024

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Brookfield makes takeover offer for American Equity Investment Life Holding https://phoenix.advisor.ca/news/industry-news/brookfield-makes-takeover-offer-for-american-equity-investment-life-holding/ Tue, 27 Jun 2023 18:42:02 +0000 https://www.advisor.ca/?p=227673 Both companies said there was no guarantee that an agreement will be reached

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Insurance agents opt out of class action en masse https://phoenix.advisor.ca/news/industry-news/insurance-agents-opt-out-of-class-action-en-masse/ Fri, 02 Jun 2023 18:43:05 +0000 https://www.advisor.ca/?p=226294 Agents benefit from independent contractor status, undermining proposed lawsuit seeking employment benefits

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FSRA targets advisor chargeback in updated DSC proposal https://phoenix.advisor.ca/news/industry-news/fsra-targets-advisor-chargeback-in-updated-dsc-proposal/ Fri, 02 Jun 2023 17:49:03 +0000 https://www.advisor.ca/?p=226285 New proposed amendment addresses removal of DSCs on existing seg fund contracts

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Industry moves this week https://phoenix.advisor.ca/news/industry-news/industry-moves-this-week-32/ Tue, 16 May 2023 18:00:46 +0000 https://www.advisor.ca/?p=225627 Raymond James names a new head of investment strategy, while iA shakes up its executive team

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