The Co-operators General Insurance Co. News

AM Best Upgrades Ratings of Canada’s Co-operators General and Sovereign General

Ratings agency AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Co-operators General Insurance Co. and its subsidiary, Sovereign General Insurance Co. …

Canadian Insurers Hit with Lawsuit on Refusal to Pay COVID-19 Biz Income Claims

A class action lawsuit has been filed against Canada’s top indemnity insurers for breach of contract in their refusal to pay business interruption claims from the COVID-19 crisis. “Indemnity insurers are wrongfully refusing to honor their contracts,” said E.F. Anthony …

Co-operators General Expands Quebec Agency Force by Acquiring Assurance Auclair

The Co-operators General Insurance Co. in Montreal has purchased Assurance Auclair located in Quebec City. The brokerage’s portfolio includes personal and commercial insurance policies. “We have seen steady growth in Quebec during the past seven years, and this is another …