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A.M. Best comments on Intact Financial’s proposed acquisition of JEVCO

7May12 • • 0 comments

“Given the close proximity to the recent sizeable acquisition of AXA, A.M. Best believes that execution risk is heightened slightly,” said A.M. Best

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Manulife Financial sees 35% growth in insurance sales in Q1

7May12 • • 0 comments

In Canada, insurance sales were up 80 percent

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Preparing homes and businesses for an emergency

7May12 • • 0 comments

This Emergency Preparedness Week, insurer RSA is reminding Canadian home and business owners that taking steps now to prepare for an emergency can be the difference between a minor hassle and full-blown disaster

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B.C.’s 10 worst roads

7May12 • • 0 comments

Kelowna’s Westside Road is named B.C.’s worst road in BCAA’s campaign

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Emergency Preparedness Week: Making a Family Emergency Plan

7May12 • • 0 comments

Emergency Preparedness Week Canada: May 7-12, 2012
You never know when disaster will strike. Take the time to prepare a family emergency plan!

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BC changes impaired driving laws after court challenge

4May12 • • 0 comments

New amendments address review process for IRPs’ make it mandatory for police to advise drivers of their right to challenge the first test result by completing a second test

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Zero alcohol laws gaining ground in Canada; do they work for young drivers?

Half of Canada’s provinces now have a zero-alcohol policy for young drivers, with Quebec becoming the fifth to join in on no-alcohol legislation along with Manitoba, Nova Scotia, New Brunswick and Ontario

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Co-operators General Insurance Company reports increased Q1 net income

4May12 • • 0 comments

A mild winter and “favourable claims results” helped Co-operators General Insurance Company report a consolidated net income of $66.5 million for the first quarter of 2012, compared to $25.8 million for the same quarter in 2011

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Take our Emergency Preparedness quiz

4May12 • • 0 comments

Emergency Preparedness Week runs from May 6 – 12, 2012. How well prepared are you in case of an emergency? Test your skills with our emergency quiz.

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A.M. Best affirms ratings of Fairfax Financial and most of its operating companies

4May12 • • 0 comments

A.M. Best said the ratings of Fairfax reflect its historical favorable levels of pre-tax operating and net income and the company’s financial leverage and cash coverage levels that are within A.M. Best’s requirements for its rating level

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Crawford & Company (Canada) names Global Technical Services leaders

4May12 • • 0 comments

Five adjusters named as leaders within the areas of Commercial Property, Transportation, Environmental, and Media, Entertainment & Contingency

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Office Health: Beating the Afternoon Slump

4May12 • • 0 comments

Hitting “the wall” every afternoon can kill productivity, but the daily fatigue can be beaten

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Willis Re identifies challenges, opportunities of diversification for mutual insurers

3May12 • • 0 comments

“Mutuals tend to be specialised rather than generalist, and have the advantage over general insurers of a greater degree of focus and expertise in their particular field,” says Willis Re report

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FSCO warns Vilay Salha Insurance Agency Ltd. is not licensed to do insurance business in Ontario

3May12 • • 0 comments

The Financial Services Commission of Ontario (FSCO) is warning consumers that Vilay Salha Insurance Agency Ltd. is not licensed to do insurance business in Ontario. This company appears to be involved in a fraudulent insurance card scam. If consumers purchase insurance from insurers that are not licensed in the province, they are not protected under the Insurance [...]

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Insurance and investment giant Fairfax Financial posts Q1 loss of $1.3M

The company recently doubled its stake in Research In Motion (TSX:RIM) after the BlackBerry maker announced a new chief executive and revamped board of directors. Watsa also took a seat on its board

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Ontario’s 10 worst roads

3May12 • • 0 comments

Toronto’s Dufferin Street voted the worst road in Ontario in CAA’s Worst Roads campaign

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Office Health: Carpal Tunnel Syndrome

3May12 • • 0 comments

View the video here on your mobile device. This video first ran in May 2011. There are various stretches for the forearms that you can perform to prevent tightness from occurring in this part of the forearm. This is where carpal tunnel actually originates. You feel the symptoms (in your wrist) and you might even [...]

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Intact Financial acquires JEVCO for $530 million

2May12 • • 0 comments

Adjusting for the payment of a $30 million cash dividend paid by JEVCO to Westaim during the first quarter of fiscal 2012, the purchase price is approximately 1.38 times the net book value of JEVCO as at December 31, 2011

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Intact Financial reports Q1 increased net income of $179 million

2May12 • • 1 comment

“This was a particularly strong quarter as we continued to reap the benefits from our robust auto and home initiatives and our results were helped by the mild winter weather conditions with a significant decrease in claims frequencies across all of our businesses,” said Charles Brindamour, Chief Executive Officer of Intact Financial Corporation

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