ILSTV News
Your Source For Daily Insurance News & AnalysisHoliday Origins
The holiday season is filled with many traditions and celebrations . . . The origin of Christmas begins with a miraculous birth in the little town of Bethlehem. Though the actual date remains an historical mystery, it is celebrated on December 25 thanks to a 4th...
read moreNine Insurance Scams from 2018
Source: The Coalition Against Insurance Fraud While much of insurance fraud goes unreported, at least $80 billion in fraudulent claims are made annually in the U.S. The Coalition Against Insurance Fraud, a group of insurance, consumers and government organizations,...
read moreB.C. drivers could be paying more as public auto insurer asks for a rate increase
British Columbia's drivers could be paying more for auto insurance as the province's financially troubled public auto insurer asks for a 6.3 per cent rate increase. The Insurance Corporation of B.C. announced Friday, December 14, 2018 that it wants to the increase...
read moreTake Our Animated Holiday TV Classics Quiz
How much do you remember about these animated holiday TV classics? Test your knowledge with our quiz!
read moreTake Our Snow Quiz
Most of us see it as a nefarious, cold-hearted nuisance, but snow is actually quite fascinating . . . unless you're shoveling it! Test your knowledge with our snow quiz.
read more‘They’re coming:’ Flying cars may appear in urban skies by 2023
The flying cars depicted in science fiction classics such as "Blade Runner'' and "The Fifth Element'' have long been seen as flights of fancy, but their arrival is closer than you think. At least a dozen companies are prototyping or testing flying cars or passenger...
read moreCar thefts on rise in Canada as thieves target trucks, SUVs: insurance board
A new report says thieves are setting their sights on older-model Ford trucks and high-end SUVs as the number of automotive thefts rose again last year. The Insurance Bureau of Canada said Tuesday, December 11, 2018 in its annual list of the most frequently stolen...
read moreGone in 60 seconds: Canada’s Top 10 Stolen Vehicles for 2018
Source: IBC The Insurance Bureau of Canada (IBC) released its annual list of Canada's most frequently stolen vehicles, which is compiled using data from its members across the country. Once again, the Ford F-Series trucks topped the list. These light- and medium-duty...
read moreTop Causes of Loss for Global Businesses: Allianz
The top causes of global corporate insurance losses as compiled by Allianz This analysis encompasses over 470,000 claims from over 200 countries and territories. Fire/Explosion: 24% Aviation collision/crash: 14% Faulty workmanship/maintenance: 8% Storm: 7% Defective...
read moreICBC Not Allowed to Withdraw Admission of Fault Late in Litigation
BC Injury Law and ICBC Claims Blog Reasons for judgement were published today by the BC Supreme Court, Vancouver Registry, considering a request to withdraw a formal admission of fault for a vehicle collision in the deep stages of litigation. In today’s case (Bodnar...
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