Co-operators Insurance - The Co-operators General Insurance - The Sovereign General - Co-operators Life Insurance Cancelled Insurance Without Cause, Hiked Rates Without Cause, Took Payments for over 20 Years Guelph, Ontario
The Co-operators Insurance company is cancelling home insurance and asking a long time client to re-apply for insurance? This is being done after having been a client for over 20 years? Renewal is possible but at a much higher premium and this seems completely unfair!
This company is discriminating against long time, loyal clients in our whole area but it does not seem fair.
Glace Bay MLA Dave Wilson said he wants the provincial government to see whether anything can be done to help those affected.
He said he is hearing from long-time clients of Co-operators who feel they are being unfairly penalized.
The office of the superintendent of insurance which oversees customer complaints told CBC News that it has received two complaints about the situation
Read more: http://www.cbc.ca/consumer/story/2010/01/19/ns-insurance-cancelled.html#ixzz0iTwI4R44
1 Updates & Rebuttals
Sandra Mc.
Ottawa,Ontario,
Canada
Co-operators Makes Money
#2Consumer Comment
Sun, March 28, 2010
The Co-operators has been cancelling clients, using credit scores and raising rates while claiming the do not make enough profits?
They bought a company recently for $232 million dollars.
Co-operators Life Insurance Co. has teamed up with a B.C. credit union to buy insurer Cumis Group Ltd. for $232 million.
The deal between Regina-based Co-operators and Vancouver-based Central 1 "will result in a strong, Canadian-owned supplier of insurance products and services to Canadian credit unions and their members," the companies said in a news release.