ILSTV News
Your Source For Daily Insurance News & AnalysisSome temporary COVID-19 support measures to expire
August 7, 2020 With Phase 3 of B.C.'s Restart Plan progressing and more British Columbians returning to B.C.'s roads and highways, three of the temporary measures ICBC had introduced in response to the COVID-19 pandemic are now set to expire in the coming weeks. The...
Great West Lifeco net earnings rise to $863 million amid sale of subsidiary
By Tara Deschamps THE CANADIAN PRESS Great-West Lifeco Inc. nearly doubled its second-quarter earnings from last year as it benefited from investments in digital technology and a market rebound from COVID-19. The insurance and wealth management company reported its...
Manulife’s Q2 net income halved as insurer struggles with impacts of COVID 19
By Tara Deschamps THE CANADIAN PRESS TORONTO _ Manulife Financial Inc.'s chief executive says COVID-19 had a "significant'' impact on the company's second-quarter performance, but he's confident it will bounce back. Roy Gori told analysts Thursday that the pandemic...
Read morePolice focus on impaired drivers for August Traffic Safety Spotlight
Progress on impaired driving – let’s keep going, Saskatchewan!
Police focus on impaired drivers for August Traffic Safety Spotlight Even though 2019 was a record low year for the number of people killed and injured in impaired driving collisions in the province, the work isn’t done. It’s up to everyone to continue to bring...
August News: Enjoy your long weekend, we’ll be back on Tuesday
Monday’s a holiday for most of us in Canada, as we enjoy the second long weekend of the summer! We hope everyone is enjoying the beautiful summer weather while remaining safe and healthy! The ILScorp offices will be closed Monday, 3 as we take some time to enjoy the...
Vacation properties see spike in demand as people look for safe getaways
By Audrey Carleton THE CANADIAN PRESS Like many realtors working Canada's recreational markets, David Jurek says he's seen properties move unusually quickly since the start of COVID-19. The RE/MAX real estate agent in 100 Mile House, B.C. recently listed a $140,000...
Sun Life becomes minority owner of Montreal based telemedicine business Dialogue
MONTREAL _ Dialogue Technologies Inc. says it has formed a partnership with Sun Life Financial Inc. that will see the insurance provider become a minority owner of the telemedicine business. Montreal-based Dialogue says the commercial partnership involves a...
ICBC & police warn impaired drivers ahead of long weekend
This B.C. Day long weekend, our roads will be busy with some British Columbians choosing to travel throughout the province for a getaway and others visiting local parks and restaurants. No matter what your plans are, if you plan to drink, don't drive. Police will be...
Struggling merchants, insurers battle over pandemic coverage
By Michael Liedtke THE ASSOCIATED PRESS Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers that in turn contend they are being miscast as potential saviours....
Aviva insurance faces class action lawsuit from hotels denied COVID coverage
By Ross Marowits THE CANADIAN PRESS TORONTO _ Canadian hotels are the latest group to launch a class-action lawsuit resulting from COVID-19 after they were denied insurance coverage for business income lost because of the pandemic. In a statement of claim, Lerners LLP...
