Tag: "Auto Insurance"

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Albertans are the most confident winter drivers

When it comes to winter driving, Albertans are most confident, drivers in Manitoba and Saskatchewan are most prepared, finds Ford survey

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Winter driving stressful for many Canadians

Older drivers calmer, more confident and more knowledgeable about winter driving than younger drivers, finds TD Insurance poll

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New HCAI guidelines provide direction on billing procedures

FSCO said it has received complaints from stakeholders regarding billing practices by health care providers, especially in the areas of frequency of invoicing, incomplete invoices and record keeping

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FSCO warns Rockfort Company Ltd. not licensed to do insurance business in Ontario

The Financial Services Commission of Ontario (FSCO) is warning consumers that Rockfort Company Ltd. is not licensed to do insurance business in Ontario as either an agent or company

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BC broker takes insurance decal from agency, is suspended for two years

Former licensee took ICBC auto insurance decal from work and affixed it to her vehicle without registering it or renewing her insurance

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Western Financial Group acquires brokerages in Saskatchewan and Manitoba

Company acquires David Duncan Insurance Agency in Gilbert Plains, Manitoba, and Leith & Glassford Agency Ltd. in Rosetown, Saskatchewan

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FSCO warns of automobile insurance company operating illegally in Ontario

FSCO finds Lima Automobile Insurance Company collecting premiums from clients without providing coverage

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RIBO issues consumer warning on Capital Insurance Company

Ontario regulator said it has received a number of consumer calls regarding an unlicensed insurance provider

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Catastrophic losses lower Intact Financial’s Q2 profit

“The catastrophic losses we incurred during the spring months, the largest since the 1998 Ice Storm, overshadow one of our best performances in recent years,” said President and CEO Charles Brindamour

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Co-operators seeking $7 million in damages from auto insurance frauds

Insurer claims five companies perpetrated insurance fraud against it by engaging in false billing and other fraudulent behaviour

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Ontario auto insurance rate filings averaged 1% increase in 2011 Q2

FSCO said 29.59 per cent of the market had rate changes approved from April 1 to June 30, with an average rate change of 3.36 per cent when weighted by market share

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U.S. insurer offers Facebook updates on claims process

Esurance customers can have the most recent auto repair photos post automatically on Facebook Wall

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Nova Scotia auto insurance review recommends changes to Section B Benefits

Section B Benefits in Nova Scotia have not been adjusted since 2005, with the weekly indemnity payment ($140) not having been adjusted since 1974

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Ontario rehabilitation clinic convicted of auto insurance offences

Pioneer Rehabilitation Clinic Inc. pleaded guilty to knowingly making false or misleading statements to an insurer

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Aviva Canada offering online insurance quotes

Aviva says broker experience is brought online with instant insurance quotes on the web

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Intact Financial reports Q1 results

Insurer reports healthy premium growth in all lines of business except in Ontario auto

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Ontario MPP’s petition aims to stop credit scoring for home insurance

Ontario Member of Provincial Parliament Mike Colle (Eglinton-Lawrence) wants the use of credit scoring to determine home insurance premiums or eligibility banned. In November 2010, Colle introduced Bill 130: The Homeowners Insurance Credit Scoring Ban Act, 2010 and now he has launched a petition, as well. Colle said that using credit scoring for homeowners insurance, [...]

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Insurance scam spreading through Ontario newspapers

The Registered Insurance Brokers of Ontario (RIBO) is warning consumers of a recent insurance scam that’s spreading throughout the province via newspaper ads. RIBO says it has already received a number of calls from people who have been caught in the scam. Ads in several city newspapers, including those in London, Ottawa and Toronto, advertise [...]

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HCAI becomes mandatory on February 1, 2011

As of February 1, Ontario’s Participating Providers will be required to use Health Claims for Auto Insurance (HCAI). Participating Providers are every health care facility and health care provider that practices in Ontario and mails or delivers OCF-18, -21 and -23 directly to an insurer. As of February 1, these providers will have to submit [...]

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