Insurance company report shows business growth and severe weather boosted claims

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Toronto Dominion Bank has recently released its financial results for the last quarter. Within the financial results report that Toronto Dominion (TD) Bank has recently released for the quarter that came to an end with the close of April, the revenues from its insurance company were also revealed. This included its revenues from home, auto, health, life, and travel insurance products. The total revenues showed that the insurance company brought in $936 million, which was an increase of 3.65 percent over the same period last year, which saw revenues of…

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Insurance news from TD Bank shows that USI will acquire U.S. subsidiary

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The brokerage and financial service firm has announced some of the details of the agreement. The latest insurance news from the financial service and brokerage firm, USI Insurance Services, from Briarcliff Manor, New York, is that it has entered into an agreement with TD Bank, N.A., in order to purchase the latter’s wholly owned TD Insurance Inc. U.S. subsidiary. As of yet, the deal’s specific terms have yet to be released. According to USI, the company anticipates that this new acquisition will bring in an additional $58.2 million in revenues…

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