ILSTV News
Your Source For Daily Insurance News & AnalysisWhat do we do with the kids?’ Experts say child care needed in reopening plans
By Stephanie Taylor THE CANADIAN PRESS REGINA _ Kelly Knowles has many questions about returning to work, including where her son would go. The Regina hairstylist contacted his daycare after the Saskatchewan government announced last week that some businesses such as...
Fairfax Financial loses nearly US$1.3B in Q1, less than it forecast two weeks ago
TORONTO _ Fairfax Financial Holdings Ltd. says it lost nearly US$1.3 billion in the first quarter because of the COVID-19 pandemic, about US$100 million less than it forecast about two weeks ago. The Toronto-based holding company, which reports in U.S. dollars, says...
Many insurers offering rebates whether you’re driving or not but many others aren’t
The excerpreted article was written by Aaron Saltzman · CBC News Some drivers are questioning why they aren't seeing a significant reduction in insurance rates given the lockdown's eerily empty roads, especially in light of the insurance industry promising rebates and...
CAA Insurance Company Successfully Launches CSIO’s My Proof of Insurance Solution
Press Release: (Toronto – April 29, 2020) CSIO is pleased to announce that CAA Insurance Company has successfully launched CSIO’s My Proof of Insurance as its preferred solution for sending customers their auto insurance cards (eSlips) over email. The launch coincides...
P.E.I. to remain closed to non residents as COVID 19 restrictions eased
By Teresa Wright THE CANADIAN PRESS CHARLOTTETOWN _ Every summer, Cavendish, P.E.I. transforms from a sleepy seaside village of just 300 residents into a resort area teeming with thousands of tourists trying to connect with the red shores and shining waters described...
Foodora files for insolvency as it prepares to close Canadian operations
TORONTO _ Food delivery app Foodora has filed for insolvency as it prepares to close its Canadian operations in a couple of weeks. The subsidiary of Berlin-based Delivery Hero SE filed a notice of intention to make a proposal to employees and other creditors under...
Drivers in Atlantic Canada could save $44M total as insurers offer pandemic discounts
Companies are making good on industry promise to give drivers a break, but customers may have to ask The excerpted article was written by Paul Withers · CBC News Some insurance companies are making good on an industry promise to give Nova Scotia drivers a break...
What happens when natural disaster strikes during a pandemic?
The excerpted article was written by Nicole Bogart CTVNews.ca TORONTO -- While much of the country is consumed with the ongoing threat of the COVID-19 pandemic, several communities are starting to grapple with another looming danger: natural disaster. As western...
Read more13,000 people forced from homes in Fort McMurray, Fort Vermilion
Warmer weather only possible weapon against northern Alberta ice-jam flooding
13,000 people forced from homes in Fort McMurray, Fort Vermilion The excerpted article was written by Wallis Snowdon · CBC News · Floodwaters that have forced thousands of people from their homes in northern Alberta will only be resolved when warmer weather melts...
New Course from ILScorp: Fair Treatment of Customers
The New Guidance Lesson1 This course has been created using the document Guidance: Conduct of Insurance Business and Fair Treatment of Customers issued by the Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations...
