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Only 2 of 13 small SUVs perform well in insurance institute front end crash tests

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.

Take our Victoria Day quiz

17May13 • 0 comments

From monarchs to camping, Victoria Day is stepped in tradition. How much do you know about the origins of the day and its related events?

Forty-four percent of countries measured have identifiable terrorism risk in 2013, says Aon

17May13 • 0 comments

“The global economic crisis, shifting geopolitical balances and two years of unusually high levels of civil upheaval present challenges and opportunities for businesses looking to expand. North and West Africa and the Middle East stand out as regions of increasing risk.

Coast Capital Insurance Services Ltd. Joins the Western Financial Group Family

17May13 • 0 comments

“We’re very proud to be able to bring Coast Capital Insurance Services into our family of companies. It is a tremendous organization that has the same commitment to community as we do,” said Scott Tannas, President and CEO of Western.

Bank of Canada warns of risks, costs from monetary stimulus and its removal

And there is a danger central banks won’t be able to manage the exit properly, leading to losses in their balance books, loss of confidence and high inflation.

CPP Fund Exceeds $183 Billion at 2013 Fiscal Year-End

17May13 • 0 comments

“All of CPPIB’s diverse investment programs played a part in delivering the Fund’s substantial increase in assets in fiscal 2013,” said Mark Wiseman, President & Chief Executive Officer, CPP Investment Board (CPPIB).

Jury convicts 5 people of selling worthless stock in Kansas City company to enrich themselves

Hawkins was convicted of conspiracy, securities fraud, aggravated currency structuring, money laundering and two counts of wire fraud. He could be sentenced to up to 20 years in prison for the most serious charge, wire fraud.

Economical Mutual Insurance Company hosting 141st Annual General Meeting

16May13 • 0 comments

As previously reported, Economical is waiting for regulations from the federal Department of Finance that are required in order to proceed with the company’s previously announced demutualization process.

Hit & Run Driver Psychology

This video is a news interview with Dr. John Vavrik who is a psychologist that works for ICBC. The interview was prompted by a hit and run collision that put two joggers in Surrey, B.C. in hospital. Dr. Vavrik explains why people fail to remain at a collision like this to help their victims. ICBC [...]

New CDIC Video Makes Deposit Insurance Easy

16May13 • 0 comments

“Not everyone knows how deposit insurance coverage works,” said CDIC President and CEO Michele Bourque. “We want to show Canadians that by following a few simple rules, they can protect their deposits in the event their bank fails.”

Ontario sets dog bite record as State Farm pays out over $100 million in claims

16May13 • 0 comments

Dog bites can cause both physical and emotional damage to victims and considerable cost to communities.

US officials recommend lowering drunken driving threshold to .05 blood alcohol to save lives

NTSB officials said it wasn’t their intention to prevent drivers from having a glass of wine with dinner, but they acknowledged that under a threshold as low as .05 the safest thing for people who have only one or two drinks is not to drive at all.

Canadian Red Cross receives $5,000 for those in need following spring deluge

15May13 • 0 comments

State Farm has donated $5,000 to the Canadian Red Cross to help with its efforts in assisting Ontario residents affected by damaging spring flooding.

Concussion Lawsuits: Are the Floodgates About to Open in the MMA World?

15May13 • 0 comments

Such lawsuits are becoming more commonplace in the world of professional sports.

Alberta promises better disaster response following second Slave Lake review

Consulting firm KPMG has made 19 recommendations to improve the province’s disaster response.

Zurich Risk Study: How well are companies prepared to deal with risk?

15May13 • 0 comments

Companies recognize potential risks posed by natural catastrophes yet have insufficient mitigation plans in place. This is the key finding of a survey on ‘Natural catastrophes: business risks and preparedness’, presented May 7, 2013 by Zurich Insurance Group (Zurich). The study, conducted in January 2013 by the Economist Intelligence Unit and sponsored by Zurich, continues [...]

U.S. bill would give Canadian snowbirds more time to spend in the sun

U.S. legislation winding its way through Congress would allow Canadians aged 55 and older to spend up to 240 days – about eight months – in the country without a visa, 58 days longer than the current 182-day annual limit.

Liberals use handouts to promote budget promise to cut auto insurance rates

There’s nothing unusual about Liberal caucus members paying for promotional material after a budget, said Finance Minister Charles Sousa, who had not seen the brochure.

New usage-based insurance program from Desjardins Insurance puts Ontarians in the driver’s seat

14May13 • 0 comments

Drivers with good habits can now save up to 25 per cent on their car insurance

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