ILSTV News
Your Source For Daily Insurance News & AnalysisRVs provide freedom for adventurous travellers, but it will cost you
By Dan Healing THE CANADIAN PRESS CALGARY _ The symbol of a retirement filled with travel and relaxation arrived last year for Bruce and Lisa Anderson of Calgary in the form of a 12-metre long package. That's how big their diesel-powered Class A motorhome is _ about...
read more98 per cent: the number of claims accepted and paid to Aviva customers
New data from Aviva Canada completely dispels the widespread myth that insurance companies like to collect premium dollars from customers, but don't pay customers' insurance claims when they happen. "People have the mistaken impression that we fight paying most...
read moreYoung Canadians face heightened crash risk after consuming cannabis, new study finds
Young Canadians are more at risk of a vehicle crash even five hours after inhaling cannabis, according to results of a clinical trial conducted at the Research Institute of the McGill University Health Centre (RI-MUHC) and McGill University, and funded by the Canadian...
read moreIBC reviewing private member’s bill on auto insurance pricing
Insurance Bureau of Canada (IBC) is currently reviewing the private member's Bill 42, introduced this afternoon by MPP Parm Gill, that looks at eliminating postal code as one factor used in determining risk for auto insurance premiums. Under the current regulations,...
read morePrivate member’s bills aim to end auto insurance postal code ‘discrimination’
By Shawn Jeffords THE CANADIAN PRESS TORONTO _ Two Ontario legislators from different parties introduced separate bills on Monday aimed at stopping auto insurance companies from charging drivers higher premiums based on where they live, saying it was time for the...
read moreHow marijuana legalization will impact your travel plans
With the legalization of marijuana in Canada happening this week, the Travel Health Insurance Association of Canada (THiA) released survey results today revealing some notable insights. The survey revealed that 20 per cent of Canadians planning to travel this year are...
read moreAs tech changes the insurance industry, what should investors look for?
Investing experts examine the insurance sector and recommend companies that are leading the way with new technologies
read moreMajority of Canadians worry about drug-impaired driving
As Canada approaches marijuana legalization many stakeholders have been raising serious concerns with drug impaired driving. A new Desjardins survey supports these concerns as the majority of Canadians (86%) are worried about drug impaired driving. In fact, 75% are...
read moreIBC: Calling bull on ICBC
Prince George Citizen In its recent editorial, ICBC is defending its new $50 fee for unlisted driver protection by arguing that this is "common practice across North America and beyond" and that "in many other jurisdictions, insurers will likely not cover your claim...
read moreBefore travelling abroad to participate in an event or race, check your insurance policy
Excerpted article by by Oliver Evans | Ask Oli: Rider insurance In May, I crashed during a race in North Carolina. It wasn’t terrible, but on account of my knee cap being exposed and me fainting, I was sent off in an ambulance and had some x-rays done. Crashing is a...
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