ILSTV News
Your Source For Daily Insurance News & AnalysisGone 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...
read moreU.S. and Britain to Sign Pact After Brexit to Bring Stability to Insurance Industry
Members of the U.S. Trade Representative's Office and the U.S. Treasury Department made a statement on December 11, 2018 that they have intentions to sign a post-Brexit bilateral insurance agreement with Britain that will bring regulatory stability and continuity to...
read moreGM fights government to retain tax credit for electric cars
General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500...
read moreFather who lost son in Broncos crash wants graduated licensing in truck training
A father who lost his son in the Humboldt Broncos bus crash says mandatory training in Saskatchewan for commercial semi-truck drivers is a good first step, but he wants to see more. Russ Herold, whose son Adam died in a collision between the junior hockey team's bus...
read moreBC Court of Appeal – Settlement Paying Pennies on the Dollar Beats Losing Your House
BC Injury Law and ICBC Claims Blog You are badly injured through the alleged negligence of others. If you win at trial you can get north of $400,000 in damages. If you lose you will literally lose your house to cover the costs of litigation. When faced with this...
read moreCRU GROUP deploys Commercial and Structural Damage Adjusters to Assist in Alaska Earthquake
Source: CRU Group Kyle Winston, President and CEO of CRU GROUP, confirmed Dec. 6, 2018 that the company deployed key personnel to Anchorage, Alaska to assist two carriers with Earthquake adjusting services. “After years of Earthquake Response Planning for Canadian...
read moreThis Busy Holiday Travel Season, Air Canada Offers Up Tips To Make Your Journey A Smoother One
Follow these six steps to make your travel experience less stressful MONTREAL, Dec. 5, 2018 /CNW Telbec/ - The busy holiday travel season is around the corner with a peak expected between December 19, 2018 and January 5, 2019. To make your travel experience as smooth...
read more2019 marks beginning of CPP enhancements to be rolled out over seven years
By David Paddon THE CANADIAN PRESS TORONTO _ The biggest change to the country's pension plans in more than a decade will take place in the new year, but the effects will be felt differently depending on which generation you belong to. Beginning in early 2019, the...
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