ILSTV News
Your Source For Daily Insurance News & AnalysisMotorcycle involved in police chase in mall seized, owner fined for 58 offences
By Keven Drews in Vancouver SURREY, B.C. - A motorcycle used to evade police in a movie-like stunt through a suburban Vancouver mall even hurtling down an escalator has been seized by RCMP and its owner fined about $13,000. Mounties in Surrey, B.C., announced Tuesday...
read moreRead moreHow common is wine fraud?
How common is wine fraud?
How common is wine fraud? By Rod Phillips | Ottawa Citizen Several Canadians were recently arrested for wine fraud. Nothing has been proven in court, but it’s alleged that bulk Italian wine was imported into Ontario, found its way to Quebec where it was adulterated to...
read moreMary Forrest Becomes First Female Executive to lead Canadian Life & Health Insurance Association Board of Directors
Source: TD Waterhouse Mary Forrest, President and CEO of Munich Re North America (Life) has been elected Chair of the Board of Directors of the Canadian Life and Health Insurance Association (CLHIA). In this role, Ms. Forrest becomes the first female executive to lead...
read moreTaxi debit fraud: How it worked
By CBC News After months of investigation, Montreal police have arrested two men in connection with an extensive scam to skim debit cards. Police say the suspects were stealing customers' PINs and debit cards and swapping them out with near identical cards, before...
read moreNew Rules on Financing of Insured Mortgages Could Have Far-Reaching Impact
By Michael K. Feldman | Torys LLP What You Need To Know The language used in the Regulatory Amendments could have a much broader impact on mortgage lenders than is indicated in the Regulatory Impact Statement that accompanies the amendments. The consequences of...
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$1.5M romance fraud scheme leads to 9 arrests, 40 charges
By CTV Toronto Police have laid more than 40 charges against nine people from the Toronto area in connection with a $1.5-million romance fraud scheme. Police allege the accused were part of an organized, criminal network that targeted women on various dating websites....
read moreSeattle Seahawks quarterback Russell Wilson has taken out an insurance policy
TSN.ca Staff Seattle Seahawks quarterback Russell Wilson has taken out an insurance policy to protect the Super Bowl winner against injury in his contract year. According to ESPN's Adam Schefter the insurance policy would pay Wilson millions should he sustain a...
read moreThe Co-operators ranked among Best Corporate Citizens in Canada
GUELPH, ON, June 15, 2015 /CNW/ - The leadership and commitment to sustainability demonstrated by The Co-operators has been recognized for the sixth consecutive year, as it has been ranked among the top ten on the Best 50 Corporate Citizens in Canada list. Corporate...
read moreCharlottetown saving $330K on insurance
CBC News The City of Charlottetown is changing its insurance provider, and expects to save hundreds of thousands of dollars. At last night`s council meeting they voted to accept the proposal from JLT insurance, and the new deal is expected to save the city close to...
read moreRead more“Canadians need to be much more aware that driving takes your full attention.”
Most Canadians admit to distracted driving: poll
“Canadians need to be much more aware that driving takes your full attention.” By David Boushy | Global News CALGARY - A majority of Canadian drivers – seven in 10 – admit to driving distracted, according to a new poll by RBC Insurance. And even more – almost nine...
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