Kate McCaffery

Ontario

Writer and Editor at Freelance

Hired gun writer. New-ish Mama. Former urbanite living somewhere in-between the lake, the ski hill and some farmer's cow path.

Featured in: Favicon

portail-assurance.ca Favicon

insurance-portal.ca

Articles

Would-be clients overestimate the cost of insurance

2 days ago | insurance-portal.ca | Kate McCaffery

A new publication from U.S. nonprofit associations, LIMRA and Life Happens, the 2025 Insurance Barometer Study, has found that young adults generally think the cost of an insurance policy is significantly more than its actual price.
Canada Life Reinsurance closes U.S. traditional life mortality risk business

2 days ago | insurance-portal.ca | Kate McCaffery

Canada Life Reinsurance, a wholly owned subsidiary of Great-West Lifeco Inc., announced changes to its business strategy June 25, saying it plans to cease doing new business in its U.S. traditional life mortality risk reinsurance line of business. The announcement says the company plans to redeploy those resources to increase the resources it has dedicated to the structured reinsurance market.
Les clients potentiels surestiment le coût de l’assurance vie

2 days ago | portail-assurance.ca | Kate McCaffery

Une nouvelle publication des associations américaines à but non lucratif LIMRA et Life Happens, le 2025 Insurance Barometer Study, révèle que les jeunes adultes estiment généralement que le prix d’une police d’assurance est plus élevé qu’il ne l’est.
Defined benefit plans gain members in 2023

3 days ago | insurance-portal.ca | Kate McCaffery

According to the Labour Force Survey (LFS) compiled by Statistics Canada, the number of Canadians who were active members of a registered pension plan (RPP) grew between 2022 and 2023. Notable among their findings is the fact that membership in defined benefit (DB) pension plans increased 4.2 per cent. Overall, the number of Canadians who were active RPP members similarly grew 4.2 per cent to more than 7.2 million, while employment growth came in at 3.8 per cent during the same period.
Les régimes à prestations déterminées gagnent des membres en 2023

3 days ago | portail-assurance.ca | Kate McCaffery

Selon l’Enquête sur la population active (EPA) réalisée par Statistique Canada, le nombre de Canadiens participants actifs à un régime de retraite agréé (RRA) a augmenté entre 2022 et 2023. Parmi les constats les plus marquants, on note que l’adhésion aux régimes de retraite à prestations déterminées (PD) a progressé de 4,2 %.
Regulator ordered to reduce penalty and reinstate license

4 days ago | insurance-portal.ca | Kate McCaffery

The Financial Services Regulatory Authority of Ontario (FSRA) is imposing a $25,000 administrative penalty on Murteza Mohamedali, along with conditions on Mohammedali’s license, after the life insurance and accident and sickness insurance agent escalated his case to the Financial Services Tribunal and won the right to remain licensed – subject to a number of stringent conditions.
Former agent assessed costs for delaying investigation

4 days ago | insurance-portal.ca | Kate McCaffery

After the Life Insurance Council of Manitoba (ICM) was unable to substantiate a former client’s complaint, its decision in the case states that Cindy Tina-Marie Howell-Huckerby caused the province to incur higher investigation costs by delaying the investigative process.
Insurance Council reprimands agent for advice that led to a denied auto theft claim

5 days ago | insurance-portal.ca | Kate McCaffery

The Insurance Council of British Columbia reprimanded an agent but stopped short of issuing a financial penalty in the case, after the agent gave bad advice that led to a denied claim when a client’s car was stolen. In the intended decision, the regulator says the incident was unintentional, an isolated incident and not representative of the agent’s overall insurance practice.
A 12-Year look at oral contraceptive use in Canada

1 week ago | insurance-portal.ca | Kate McCaffery

A new report from Statistics Canada, Oral contraceptive use in Canada, is intended to provide a representative estimate of oral contraceptive (OC) use in Canada in the decade leading up to the implementation of the Pharmacare Act.
Bankrupt fraudster still on the hook to pay $6.8-million

1 week ago | insurance-portal.ca | Kate McCaffery

A British Columbia Supreme Court judge has ruled that Thomas Arthur Williams cannot include a $6.8-million disgorgement order in the debts being erased when he is discharged from bankruptcy. The British Columbia Securities Commission (BCSC) ordered the sanction, along with a $15-million administrative penalty in 2016, neither of which have been paid in any part. “The judge granted the BCSC’s application based on last year’s ruling by the Supreme Court of Canada in another BCSC case.