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Your Source For Daily Insurance News & Analysis
Car crash injury claims aren’t increasing, insurance can handle costs
LAUREN BOOTHBY Edmonton Journal An Alberta group advocating for fair auto insurance is out with a new report challenging the reasoning behind scrapping a rate cap that will now see some drivers paying nearly 30 per cent more for auto insurance this year. Insurers have...
Report says auto insurance hikes unnecessary
City News The excerpted article was written by Kenny Mason, Andrea Montgomery CALGARY (660 NEWS) – Drivers continue to see rising auto insurance rates but one group says the hikes aren’t needed. Last month, the United Conservative government announced it was creating...
Read moreThe reality is “insurers are not going to write business that is unprofitable. It’s not their function,” Muir-Wood said.
Burned by wildfire losses, insurance industry rethinks risks
But questions remain about the limits of insurance in tackling fast-rising threats – not only how people at highest risk and with lower incomes can afford it, but whether insurance models can cope with much more frequent and destructive fires.
Read moreHis coverage officially lapsed on April 1. He was diagnosed with cancer on May 23.
Former cabinet minister, cancer survivor John Manley loses “unfortunate” insurance case
and chief executive officer of the Business Council of Canada. … After his diagnosis, Manley submitted a $500,000 insurance claim to …
Santa wasn’t the only one watching for bad behaviour last month
295 impaired driving offences during December
New RIBO Ethics CE Courses for 2020 renewal
Who needs Ethics CE? All RIBO Licensees An update to the 2019 RIBO continuing education program includes a new Ethics category. All individual RIBO licensees, including Principal Brokers, Deputy Principal Brokers and Supervising Brokers must complete 1 hour of...
Volkswagen ordered to pay $196.5M in emissions scandal
By Nicole Thompson THE CANADIAN PRESS TORONTO — An Ontario judge has ordered Volkswagen to pay the Canadian government $196.5 million for its emissions-cheating scandal. Judge Enzo Rondinelli made the sentencing decision hours after the company formally pleaded guilty...
Newfoundland Winter Storm: Advice and Information from Insurance Bureau of Canada
HALIFAX, Jan. 22, 2020 /CNW/ - In the aftermath of last weekend's record-breaking storm in Newfoundland and Labrador, which brought more than 75 cm of snow and winds reaching hurricane levels of 160 km/hour, Insurance Bureau of Canada (IBC) is offering tips and advice...
IMS Brings Carrot UBI Platform to North American Insurers
Waterloo, Ontario, Canada and Boston, MA, Jan. 21, 2020 (GLOBE NEWSWIRE) -- IMS, a subsidiary of Trak Global Group (TGG), one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, is pleased to announce the...
Read moreThe Archdiocese of Ottawa has launched lawsuits against three insurance companies in an effort to compel them to cover the costs of 12 clergy sexual abuse cases
Desjardins, Aviva and Chubb sued by Ottawa diocese to cover clergy sex abuse costs
The Archdiocese of Ottawa has launched lawsuits against three insurance companies in an effort to compel them to cover the costs of 12 clergy sexual abuse cases The excerpted article was written by Andrew Duffy | Ottawa Citizen The civil suits, filed mostly in the...
