ILSTV News
Your Source For Daily Insurance News & AnalysisA room with a bleak view: Hoteliers forecast more pain and a long, slow recovery
By Christopher Reynolds THE CANADIAN PRESS As the summer travel season dawns, hoteliers and the broader tourism industry worry they will be hit longest and hardest by the COVID-19 crisis as confinement measures begin to lift, but travellers remain largely unwilling or...
Road tests for commercial drivers resume next week
In line with B.C.'s Restart Plan, ICBC is now moving forward with a phased approach to offering in-person driver licensing services. Commercial road tests (Class 1 - 4) can resume next week, and will be by appointment only. Starting June 11, customers wishing to...
RCU Partners With the Ontario Chamber of Commerce
PRESS RELEASE UPDATED: JUN 9, 2020 TORONTO, June 9, 2020 (Newswire.com) - RCU (Responsible Cannabis Use) has partnered with the Ontario Chamber of Commerce (OCC) to bring cannabis education in the workplace to the forefront. Developed by RCU, CannEd is a cannabis...
Check that your home insurance covers flood damage
Myke Thomas (mthomas@postmedia.com) As the seventh anniversary of the Great Flood of 2013 approaches, the City of Calgary has issued a high water advisory for the Bow and Elbow Rivers. “Due to higher expected flow rates and the current forecast, Calgarians are advised...
Allstate Canada Issues Second Stay at Home Payment
MARKHAM, ON, June 8, 2020 /CNW/ -Allstate Insurance Company of Canada, together with Pembridge Insurance Company and Pafco Insurance Company (ACG), is announcing a second "Stay at Home Payment" to customers as they continue to drive less and get in fewer accidents....
‘More and more claims:’ Pandemic lawsuits could tie up courts for years
By Bill Graveland THE CANADIAN PRESS CALGARY _ Lawsuits involving seniors homes, airlines, universities and ticket providers affected by COVID-19 could tie up Canadian courts for years, says a litigation lawyer. Michael Smith, a partner at the Bennett Jones law firm...
Apportionment Of Costs Based On The Insurance Policy Limits
by Sudevi Mukherjee-Gothi Pallett Valo LLP What discretionary powers can be exercised by the Court when deciding the apportionment of costs after a trial? The 2020 decision of Hummel v. Jantzi, focused on the apportionment of costs as between the defendants. The facts...
Genworth Canada says it won’t follow CMHC in tightening mortgage insurance eligibility
TORONTO _ Genworth MI Canada Inc. says it's holding steady on its credit score qualifications, despite a move by one of its main competitors to toughen mortgage lending standards. The Oakville, Ont.-based company said Monday its insurance subsidiary, which is among...
Canada’s Film & TV Industry Presents Unique Insurance Solution with Government Support
The excerpted article was written by Manori Ravindran | Variety Canada’s production community is working towards a bespoke insurance solution as the country looks to jumpstart production after it ground to a halt in March amid the coronavirus outbreak. Variety can...
Read moreI just got a speeding ticket for going 20 km/h over the limit, even though other people on the highway were going a lot faster. Will it affect my insurance rates?
Accumulating speeding tickets can impact the rates you pay for car insurance
How will a speeding ticket affect my insurance rates?
