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All private companies registered to sell auto insurance in Ontario, are required to use the OAP for their private car insurance policy. The OAP is the legal contract that connects an Ontario driver with every Ontario based insurance company. Insurance coverage is divided up between several different portions of the policy.
Toronto, Ontario Federated Insurance Company of Canada: 1920 Winnipeg, Manitoba Foresters Financial: 1874 Toronto, Ontario Gore Mutual Insurance Company: 1839 Galt, Ontario Great American Insurance Company: Green Shield Canada: 1957 Windsor, Ontario Grenville Mutual Insurance Company 1892 Kemptville, Ontario HD Mutual Insurance 2024 Sheffield ...
On February 8, 2010, NRPC announced it reached an agreement (awaiting court approval) with Nortel in which Nortel would advance $57 million to fund medical and life insurance benefits for some Canadian pensioners and their survivors, and provide long-term disabled employees with wage-replacement, medical and life insurance benefits until ...
In 1936, a new company, the Equitable Life Insurance Company of Canada, was incorporated under a federal charter and assumed the operations of the Ontario Equitable Life. Equitable was founded as a joint-stock company , but in 1958 began buying back its stock and in 1963 converted to a mutual .
The program has faced criticism; the Ontario NDP questioned the provincial government's decision to enter into a taxpayer-funded sole-source contract with an American-owned corporation to deliver government services. [6] Taxpayer money is being used to fund the construction of the in-store locations, at an estimated cost of $1.75 million. [9]
This plan met with immediate success resulting in 2.25 million members by 1958. With the introduction of the Ontario Hospital Insurance Plan by the Ontario government in 1959, Blue Cross had to shift its focus to offer prepayment options for semi-private care, extended health care, prescription drugs, dental care, and other benefits.
Desjardins General Insurance (DGI) is the P&C insurance subsidiary of Desjardins General Insurance Group, itself a subsidiary of Desjardins Group.The brand is sister with Desjardins Financial Security, and both of them regroup under the banner of Desjardins Insurance.They now serve customers in three provinces of Canada: Quebec, Alberta and Ontario. [1]
Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...