Desjardins Group News

Economical to Buy Largest Canada Pet Insurer, Western Financial Insurance Co.

Economical Mutual Insurance Co., the Waterloo, Ontario-based property and casualty insurance company, announced plans to acquire Desjardins Group’s pet insurance business, Western Financial Insurance Co. (WFIC) and its flagship brand Petsecure. WFIC is Canada’s largest pet insurance company with net …

State Farm Canada Selling Insurance, Mutual Fund Businesses to Desjardins Group

Desjardins Group, a leading cooperative financial group in Canada, has agreed to purchase State Farm Canada’s property/casualty and life insurance businesses, as well as its Canadian mutual fund, loan and living benefits companies, for CA$1.6 billion (or roughly $1.5 billion). …