Canadian Banks Ordered to Stop Selling Insurance via Web Sites

Hamilton, Jesse A.
November 2009
Best's Review;Nov2009, Vol. 110 Issue 7, p11
Trade Publication
The article focuses on the announcement by Canadian Finance Minister Jim Flaherty that online sale of insurance by local banks will no longer be allowed. Steve Masnyk of the Insurance Brokers Association of Canada states that consumers of insurance will benefit from such prohibition. The Canadian Bankers Association notes that public consultation has not been made by Flaherty.


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