View the video here on your mobile device. Janice M. Tomlinson, former President of Chubb Insurance Company of Canada was awarded the inaugural Women In Insurance Cancer Crusade (WICC) Lifetime Achievement Award at a retirement event in her honour on Wednesday, December 9th at the National Club. Ms. Tomlinson is a former Co-Chair of WICC. [...]
View the video here on your mobile device. Swiss Reinsurance Co. said Monday it transferred part of its U.S. life insurance business to American investor Warren Buffett’s Berkshire Hathaway Inc. for 1.3 billion Swiss francs (US$1.27 billion) to free up capital and invest it more profitably. The deal with Buffett’s company, which already has a [...]
View the video here on your mobile device. An insurance company says it’s cancelling hundreds of clients’ coverage in Cape Breton and northern New Brunswick because the number of fire-related claims is soaring. Leonard Sharman of Co-operators General Insurance Company said that about 1,600 people around Glace Bay, N.S., have been told they will have [...]
View the video here on your mobile device. Lenders have seized the assets of Intrawest ULC, including the Whistler ski resort that will be home to the Olympic downhill races next month, sparking uncertainty about whether the Games will still be held on the property. A public notice has been posted in newspapers by the [...]
View the video here on your mobile device. Sea attacks worldwide surged 39 per cent to 406 cases, the highest in six years, with Somali pirates’ raids on vessels accounting for more than half of the piracy, a maritime watchdog said. It marked the fourth straight year of increases in attacks, the International Maritime Bureau [...]
View the video here on your mobile device. General Motors Co. chairman and interim chief executive, Ed Whitacre Jr., became the permanent CEO of the automaker on January 25. Whitacre, 68, is a former CEO of telecommunications giant AT&T Inc. He served as interim CEO since the board ousted former CEO Fritz Henderson on Dec. [...]
View the video here on your mobile device. Genworth Financial Mortgage Insurance Company Canada and Habitat for Humanity Canada announced a new three-year relationship, in which Genworth Financial Canada has committed one million dollars to a project called "The Path to Home". "The Path to Home" will support home building grants, access to educational material [...]
View the video here on your mobile device. A.S.A.P. Secured, a Canadian disaster and fire scene security company, has launched a Mobile Command Centre for easy deployment at large loss sites across Ontario. This new centre will allow adjusters and other insurance industry professionals to offer immediate assistance and support to their customers in the [...]
View the video here on your mobile device. Calgary, Waterloo, Ottawa, Vancouver, St. John’s and Richmond Hill have what migrants are looking for when choosing where to locate, according to the Conference Board’s second report assessing the attractiveness of Canadian cities. The report, “City Magnets II: Benchmarking the Attractiveness of 50 Canadian Cities”, analyzes and [...]
View the video here on your mobile device. A recent court case in Alberta tackled the question of whether an extended warranty is insurance. The defendant in the case – the province of Alberta – had assessed tax against the plaintiff, the Brick Protection Corporation, under the Tax Statutes Amendment Act. It started in July [...]
View the video here on your mobile device. Kanetix, the online marketplace for insurance quotes, released the results of its Quebec quarterly car insurance premium study. The study identified a 9.8 per cent average decrease in the lowest auto insurance rates quoted on Kanetix in the third quarter of 2009 compared to the same period [...]
View the video here on your mobile device. Kingsway Financial Services Inc. announced January 25 a proposed sale of its Jevco Insurance subsidiary to Westaim Corp. in a deal worth about $263 million. Jevco specializes in providing non-standard insurance for autos, recreational vehicles, commercial autos, property and liability. The company also provides surety insurance for [...]
View the video here on your mobile device. Canadians are taking steps to improve their finances and keep more of their money according to a recent poll by Angus Reid Public Opinion for H&R Block Canada. Eighty-six per cent of Canadians have taken at least one step to improve their financial situation in the last [...]
View the video here on your mobile device. Statistics Canada estimates that nearly 21 million hours of work were lost in November due to the flu. It says 1.5 million employed people reported they were absent from work that month as a result of the H1N1 flu or seasonal flu. That’s roughly nine per cent of [...]
View the video here on your mobile device. Former financial adviser Earl Jones has pleaded guilty to two charges related to defrauding investors of about $50 million. Jones entered the plea in a Montreal courtroom on January 15. Jones ran a Ponzi scheme that led to the disappearance of millions of dollars in investors’ savings. [...]
View the video here on your mobile device. The Finance Services Commission of Ontario has approved increases in auto insurance rates averaging 2.5 per cent for the final quarter of 2009. That would bring the average premium increase for 2009 to 8.77 per cent, compared with a 5.6 per cent hike in 2008. Approved rates [...]
View the video here on your mobile device. ILSTV did surveillance on a couple of private eyes to find out how they work with the insurance industry. Private Eye #1: Anything that you think from watching movies and watching TV what a private investigator would do, we do, pretty well. Very seldom do we get [...]
