Archive for February, 2012

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SSQauto brings pay-as-you-drive insurance to Quebec

Insurer launches Kilo Program, a Usage-Based Insurance (UBI) product

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ICBC Ordered To Pay $75,000 Punitive Damages For ‘Bad Faith’ Breach Of Insurance

One way a motorist can be in civil breach of insurance relates to intoxication. If as a result of intoxication an individual is “incapable of proper control of the vehicle” then the motorist can be in breach of their insurance pursuant to Section 55(8)(a) of BC’s Insurance (Vehicle) Regulation.

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Coaster war brewing in Alberta legislature over drunk driving laws

The Wildrose party’s new drink coaster campaign has led to hurled epithets and a counter-coaster giveaway in the legislature, along with partisan slap fights on Twitter

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Questionable insurance claims increased by 19 percent since 2009

Questionable insurance claims (QCs) are on the rise in the United States, says the National Insurance Crime Bureau (NICB.) Since 2009, NICB says the number of QC referrals it has received from member insurance companies has risen by 19 percent: In 2009, there were 84,407 QCs referred to NICB from its member insurance companies. In [...]

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Work experience important for new grads

A part-time job while in university or college might be more important than simply a means of cash flow – it may be essential for the student’s career prospects

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Why do we need a leap year?

Why do we need a leap year?

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ILScorp’s Daily Assisted Learning Virtual Classroom – Level 1 Licensing

jwplayer(“mediaplayer”).setup({ flashplayer: “http://www.ilstv.com/player-licensed-viral.swf”, file: “http://videos.ilstv.com/virtual-classroom.mp4″, width: ’560′, height: ’340′, image: “http://www.ilstv.com/images/ils-virtual-classroom.jpg” }); At ILS the classroom may be virtual,but the success is real! Due to popular demand, ILS is hosting another Daily Assisted Virtual Classroom for the Level 1 Licensing Preparation Course from March 5 – March 30, 2012 Moderated by long-time insurance educator Todd [...]

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Mission improbable? Economists want Ottawa to put sales tax on food

By eliminating the tax exemptions such as medicines, books, financial services, tuition and especially food, governments could reap an additional $39 billion in revenue annually – about 60 per cent more than they do now

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Costa cruise ship adrift off Seychelles after fire on board

On February 27, a fire broke out on board Costa Allegra in the electric generator room; ship now drifting in pirate-heavy waters

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Canada’s Best Diversity Employers

SGI, CIBC, TD, National Bank among those recognized for creating diverse and inclusive workplaces

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Canada’s aging water, sewer infrastructure to blame for water damage: IBC

Insured water losses in Nova Scotia rose from more than $20 million in 2005 to more than $38 million in 2009; in New Brunswick water losses rose from $7 million in 2005 to $23 million in 2009

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‘One Eyed’ Vehicles

Driving with one headlight isn’t much different than driving with one eye closed

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Hybrid vehicles: Is it a choice between fuel economy and safety?

“We compared the injury rates of hybrid vehicles to their non-hybrid counterparts. This enabled us to evaluate the effects of weight on safety.” Matt Moore, Highway Loss Data Institute

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Train derailment in Ontario kills three VIA employees

Three VIA employees were killed in derailment, three passengers were airlifted to hospital with serious injuries and 42 passengers and one additional crew member were also taken to local hospitals

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RSA Canada reports 45% increase in underwriting profit in 2011

“2011 was a landmark year of positive change and growth for RSA Canada,” says Rowan Saunders, President and CEO

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Toronto-area rehab clinics, clinic owners and directors face 28 charges over fake insurance invoices

McCowan Rehabilitation Clinic, Ontario Rehabilitation Clinic, Physiotherapy Clinic and North York Health & Rehabilitation Centre charged by FSCO

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Trial over lawsuits from Gulf oil spill delayed, allowing another week for settlement talks

A judge has delayed the federal trial over the nation’s worst offshore oil disaster by a week, saying Sunday that BP PLC was making some progress in settlement talks with a committee overseeing scores of lawsuits

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Canadians procrastinating on RSP contributions

Sixteen percent of Canadians said they ‘meant to’ set up an automatic contribution to their RSP, and 15% didn’t want to contribute this year because of the market downturn

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1266 AD

1266 AD: The Rules of Oleron, also known as the Judgments of Oleron, were produced. Oleron is a small island off the coast of France. These codes formalized the protection seafarer’s were provided by putting them into writing. These standards were meant to provide sailors with a sense of how they were to be treated should they fall ill while working for employers at sea. The rules covered all of the most common situations faced – even going so far as to provide limited life coverage should an employee eventually succumb to their illness.

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