• Canada Parliamentary Budget Office Proposes New Tax on Life Insurers

    4 days ago - By A.M. Best

    The Canadian Parliamentary Budget Office has proposed two new taxes on financial services companies - including large life insurance companies - that could generate an estimated C$5.3 billion ($3.9 ...
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  • Insurance Bureau of Canada and CatIQ Estimate $220.9 Million in Losses From Severe Summer Storms

    4 days ago - By A.M. Best

    Insurers incurred losses estimated at C$300 million from five severe summer storms that hit provinces with large hail, high winds, tornadoes and heavy rain, according to Catastrophe ...
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