ILSTV News
Your Source For Daily Insurance News & AnalysisCanadian and American companies clearly want to do more business together
Despite continued geopolitical risks to global trade seemingly at every turn, Canadian export performance has grown at a rate higher than expected – 8 per cent this year over the projected 6 per cent, according to Export Development Canada's (EDC) latest semi-annual...
read more‘Murder insurance’ or protection in self defence cases?
By Lisa Marie Pane THE ASSOCIATED PRESS ATLANTA _ The National Rifle Association is offering insurance for people who shoot someone, stirring criticism from gun-control advocates who say it could foster more violence and give gun owners a false sense of security to...
read moreWhat investors should look for to spot fraudsters before it’s too late
By David Paddon THE CANADIAN PRESS TORONTO _ When former financial planner Daniel P. Reeve was convicted this month of defrauding 41 investors out of about $10 million, it was a bitter lesson. As with many financial frauds, the victims didn't see it coming, and...
read moreNew Brunswick to impose new measures for drunk drivers starting November 1
FREDERICTON _ New Brunswick will seize drunk drivers' cars for up to two months under a law that comes into force Nov. 1 Public Safety Minister Denis Landry says the new law will make the province one of the country's toughest on impaired driving. Anyone convicted of...
read moreIf NAFTA dies, old Canada U.S. FTA would live on, right? Not so fast, Canada
“I think it’s highly questionable that this insurance policy will pay out, and pay out in full, in the case of an accident,” he said.
read moreGovernment and business not keeping up with speed of technology
By David Hodges THE CANADIAN PRESS TORONTO _ A new report suggests the speed of technological advances has become so rapid that it's outpacing the rate at which large Canadian businesses and government institutions can adapt, with the number of jobs threatened by...
read moreCalifornia fires cause $1B in damage, burn 7,000 buildings
By Janie Har And Michael R. Blood THE ASSOCIATED PRESS SAN FRANCISCO _ The wildfires that have devastated Northern California this month caused at least $1 billion in damage to insured property, officials said Thursday, as authorities increased the count of homes and...
read moreRead moreLisa Okill managed Sears Canada locations in Ontario for more than 2 decades
100-year-old former Sears worker’s health benefits and insurance axed
Lisa Okill managed Sears Canada locations in Ontario for more than 2 decades By Matthew Bingley, CBC News Days after Lisa Okill turned 100, her son found out the health benefits and insurance his mother acquired after working 26 years with Sears Canada would be...
read moreEconomical and Atlantic broker Macdonald Chisholm Trask Insurance raise more than $25,500 for Victorian Order of Nurses
When Macdonald Chisholm Trask Insurance (MCT), one of Atlantic Canada's largest insurance brokerages, teams up with Economical Insurance on MCT Day to raise funds for charity, good things happen. Karen Kaminska (left) of Economical Insurance and Liz Cosgrove of MCTI...
read moreNHL’s Evander Kane wins case in Victoria for insurance payout
CARLA WILSON / TIMES COLONIST Evander Kane, who plays for the NHL’s Buffalo Sabres, has won a court case in Victoria requiring his insurance company to pay the cost of his defence against a claim of battery in New York state. At issue was whether Kane’s insurer,...
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