ILSTV News
Your Source For Daily Insurance News & AnalysisHow They Started: Allstate Insurance Company
Source: Jayleen R. Heft, PropertyCasualty360.com The idea for Allstate Insurance Company came during a bridge game on a commuter train in 1930, when insurance broker Carl L. Odell proposed the idea of selling auto insurance by mail to his neighbor, Sears Roebuck &...
Questions and answers about Volkswagen’s emissions testing scandal
German automaker Volkswagen AG admits that it rigged North American emissions tests so it would appear that its diesel-powered cars were emitting fewer nitrogen oxides, which can contribute to ozone buildup and respiratory illness. The crisis widened on September 22,...
Charges in arsons, shootings targeting people linked to B.C. Justice Institute
Police believe an Insurance Corp. of B.C. employee used the victims’ licence plate numbers to access their personal information.
New sexual assault policy at Saskatchewan university called critical for safety
The draft of the policy defines what constitutes sexual assault, sexual misconduct, sexual harassment, coercion, consent and stalking _ something previously missing at the university.
Ground-breaking global waste reduction effort strengthens Ontario’s green economy
“Each year more than 300 million scrap tires are generated in North America. During the average life of a tire, only 20 per cent of the rubber is used, leaving a staggering 10 billion pounds of scrap tires,” said Sam Visaisouk, CEO, Tyromer Inc.
Growing popularity of laneway homes raises questions about adequacy of insurance
Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres. But as the properties become more popular and balloon in value, questions are beginning to arise about whether current...
Federal government should invest $3.3B into health care for seniors: Report
A new report has put a price tag on aging in Canada.
Stung by costs, some of Minnesota’s medical marijuana patients back to buying on streets
Just two months after Minnesota launched its medical marijuana program, some patients turned off by high costs say they are back to buying the drug illegally because it’s the only way they can afford it.
How They Started: State Farm Insurance
Source: Jayleen R. Heft, PropertyCasualty360.com State Farm was founded in 1922 in the small farming town of Bloomington, Ill. G.J. Mecherle, the founder of the company, didn't think it was fair that he and his fellow farmers and families in rural communities paid the...
AIR Worldwide Estimates Insured Losses from M8.3 Earthquake in Chile at Between CLP 400 Billion and CLP 600 Billion
Authorities have stated that at least 12 people have died as a result of the quake, which was felt as far away as São Paulo, Brazil, more than 3,000 km away.
