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Your Source For Daily Insurance News & AnalysisQuebec coroner pushes to bring ignition lock rules for repeat drunk drivers
MONTREAL _ A Quebec coroner is recommending the province move quickly to implement a rule that would force repeat drunk drivers to have their vehicles fitted with ignition locks for at least a decade. Andree Kronstrom is urging the province's...
read moreOTIP’s Chris Floyd appointed new President of the Insurance Brokers Association of Canada
OTIP (the Ontario Teachers Insurance Plan) is pleased to announce that Chris Floyd, President of Individual Insurance Services for the OTIP Group of Companies, has been appointed President of the Insurance Brokers Association of Canada (IBAC) for 2018-19. Chris began...
read moreCourt says insurer must pay N.B. diocese $3.3 million to cover abuse claims
FREDERICTON _ An insurance company has been ordered by New Brunswick's top court to pay over $3.3 million to a Catholic diocese to cover the cost of compensation for decades of sexual abuse by priests. The province's Court of Appeal ruled that Aviva Insurance Company...
read moreInsurance Industry & Calgary Chamber of Commerce launch tool to prepare small businesses for disasters
Insurance Bureau of Canada (IBC) launched a new, one-of-a-kind tool to help businesses prepare for natural disasters. Business owners can take a free diagnostic survey that will assess their level of preparedness and provide recommendations for improvements. The...
read moreWhat’s In A Name? When Is An “Unnamed Insured” Entitled To Insurance Proceeds?
Article by Adrian C. Elmslie and Wendy N. Moody Dentons Is it possible for a party not named in an insurance policy to be entitled to insurance proceeds under that policy? In short, it is. Parties who are not a "named insured" under an insurance policy can be eligible...
read moreGreat-West Lifeco announces succession of the President and Chief Operating Officer
Great-West Lifeco Inc., has today announced that Stefan Kristjanson, President and Chief Operating Officer, Canada, has decided to retire on December 31, 2018. Stefan has been with the company for nearly 30 years, including the last two years as President and Chief...
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 moreSaskatchewan is ready for legal recreational cannabis: MADD Canada
REGINA _ An anti-impaired driving group says Saskatchewan is ready for recreational cannabis use when it becomes legal Wednesday. Michelle Okere, regional manager with MADD Canada, says police have the expertise to get drivers off the road if they're using drugs. She...
read moreOn-demand insurance now available to home-share & short-term rental hosts in BC & AB
Today, duuo by co-operators™, The Co-operators new digital insurance brand, launched its on-demand, pay-per-use insurance product in British Columbia and Alberta. The first insurance product to launch under the duuo brand is an on-demand insurance product for hosts...
read moreFederal gov’t risks ignoring existing provincial drug insurance plans in push for national program
Provincial Drug Coverage for Vulnerable Canadians Despite widespread misperceptions, every province already provides prescription drug coverage to help Canadians—particularly seniors and lower-income Canadians—pay for pharmaceuticals, finds a new study released today...
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