ILSTV News
Your Source For Daily Insurance News & Analysis
Understanding How We Relate to the World – Utilitarian/Utility
In our last blog we provided an overview of the Theoretical/Knowledge Value. A recap for this value is that people with higher scores are driven by opportunities to learn, acquire knowledge and discovery of truth. Let’s learn about the second value/motivation. Do you...
B.C. pilot study to allow electric kick scooters to operate legally in six cities
VANCOUVER _ A newly approved pilot project will allow electric kick scooters to legally cruise the streets and bike paths of six British Columbia municipalities. The Ministry of Transportation says in a statement the pilot project gives the province and the selected...
Insurance apps that track your driving could now yield premium increases
For a few years, drivers in some Canadian provinces have been able to earn discounts on their auto insurance premiums by driving safely — or not driving much — thanks to apps or telematics devices that track their behaviour behind the wheel. But recent rules changes...
Victims lose $2M in cryptocurrency frauds, Vancouver police warn scams more frequent
VANCOUVER _ Police say cryptocurrency scams cost victims in the Vancouver-area about $2 million in just one week and investigators believe the frauds are becoming more common. Vancouver police Const. Tania Visintin says she knows of at least four active cases where...
Ontario auto insurance rates fell 3.2% in last quarter of 2020
After a year of bad news, auto insurance rates dropped overall in Canada by 2.6% in the fourth quarter of 2020 and in Ontario the decrease was 3.2%, according to new data. It turns out COVID-19 may have been good for something as people stayed home and drove less....
B.C. auto insurance rebate cheques delayed after ‘criminal’ cyberattack
VICTORIA _ The minister responsible for British Columbia's public auto insurance agency says a "criminal'' cyberattack will delay COVID-19 rebate cheques that were supposed to be in the mail this week. Mike Farnworth says the Insurance Corporation of B.C. discovered...
Insurers applaud high profile court ruling on life insurance investments
TORONTO _ A group representing the life insurance industry says a decision by the Saskatchewan Court of Appeal will support consumer protection rules that separate banking from insurance. The Canadian Life and Health Insurance Association says the court found a 2018...
New CE Course On COVID-19 Coverage
TuGo COVID-19 Coverage Course = 1CE credit General Adjuster - Technical And Life/A&S - Technical BC, SK, MB, ONTARIO LIFE/A&S RIBO AND ALBERTA ACCREDITATION COMING SOON Just in time for your 2021 CE requirements, this course is included as part of the ILScorp...
Insurance Broker Professional Certificate – Training starts March 2021
Break into the Insurance Industry without student debt. Fully Funded Insurance Broker Professional Training starts March 2021. Upon completion of this program, students will possess the knowledge to enter the Insurance Industry in British Columbia, with advanced...
Buying homeowners insurance? Ask these 4 questions first
By Sarah Schlichter Of Nerdwallet THE ASSOCIATED PRESS Purchasing insurance may not be as fun as choosing new furniture and paint colours, but it's a critical part of the homebuying process. Your homeowners insurance policy is a financial safety net in case of a...
