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The Personal Insurance Company, operating as The Personal (French: La Personelle), is a Canadian insurance company which specializes in group insurance, primarily home insurance and vehicle insurance. [1] The Personal is a subsidiary of Desjardins General Insurance, the third largest P&C insurer in Canada. [2]
This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. [2]
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]
In 1948, Desjardins Life Insurance, known today as Desjardins Financial Security (DFS), was created. In the post-war environment, they merged under a common name of Desjardins Insurance. In 2015, Desjardins Insurance acquired the Canadian operations of U.S. based insurer State Farm , [ 1 ] which made Desjardins the second largest property and ...
Myth #2: Red cars cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
Desjardins Financial Security (DFS) is the life and health insurance arm of Desjardins Group, the leading financial institution in Quebec and the largest cooperative financial group in Canada. DFS registered a record-breaking revenue data in 2016, with a year-over-year increase of 12.5%. [ 3 ]
[16] [17] In 2018, State Farm Canada was officially rebranded to Desjardins Insurance through Desjardins Insurance Agents. [18] The whole transition was completed in 2019. [19] On May 28, 2023, the company announced it would stop issuing new home insurance policies in California due to wildfire risks as well as surging costs for construction. [20]
On January 3, 2017, Desjardins Group announced the closing of the sale of its pet health insurance company, Western Financial Insurance Company to Economical Mutual Insurance Company. [13] [citation needed] Western Financial Insurance Company and its flagship brand, Petsecure were purchased in 2011 as part of the Western Financial Group deal.
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