Tag: "Bc"

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ILS Introduction to General Insurance program brings new option for Level 1 insurance licensing in British Columbia

Launch of ILS Introduction to General Insurance brings the classroom to the student with ILScorp’s Level 1 general insurance salesperson’s licensing program

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Balance B.C.’s budget online

Online budget simulator website lets B.C. residents attempt to balance province’s budget

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Impaired driving consequences in BC

Justice Jon Sigurdson ruled that making the IRP program invalid right away “may pose a danger to the public”

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BC has six months to make changes to drunk driving laws

Changes must be made by June 30, 2012; Class action lawsuit launched

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B.C. making big profit on drivers’ licenses, says auditor

Auditor John Doyle says the province makes a 650 percent profit every time a driver’s license is renewed in the province

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ICBC CEO comments on proposed rate increases

“Reduced investment income and rising bodily injury claims have their most significant impact on our basic insurance costs, which unfortunately means we need to increase our basic rates.” Jon Schubert, President and CEO, ICBC

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FirstOnSite adds to BC leadership team

Restoration firm adds Joe DeAngelis, Chris Johannesen and Steve McDonald to BC leadership team

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Drunk driving deaths drop by half in B.C. under strict new .05 law

Hailed as the toughest in Canada, B.C.s new impaired-driving laws took effect in September 2010

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B.C. government launches over 8,000 lawsuits to recovery health costs

Since the Health Care Cost Recovery Act took effect April 1, 2009, almost 3,000 cases have been closed, with a cost recovery of $6.2 million for the province

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Featured Insurance Job – April 4 to 8

Looking for: Autoplan Customer Service Representative – Hope, BC – Hub International Hub International Autoplan Customer Service Representative Hope, BC Job Description HUB International Barton is looking for a motivated, enthusiastic individual with previous experience in auto insurance to come join our team in Hope! Duties include: ICBC transactions including renewals, new plates, transfers, cancellations, [...]

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ICBC well-capitalized despite increase in bodily injury claims and costs

ICBC has released its financial report for 2010, a year which saw a reduction in both basic and optional insurance rates. The optional insurance rate reduction of three per cent means that ICBC’s optional insurance premiums have gone down by approximately 20 per cent over the past six years. “The basic insurance rate reduction of [...]

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New minister in charge of ICBC

Yesterday, Canada’s newest premier introduced a new, smaller cabinet. British Columbia Premier Christy Clark announced her new cabinet, made up of 17 ministers plus the premier, reduced from the previous total of 24. Shirley Bond, MLA of Prince George-Valemount has been appointed as Minister of Public Safety and Solicitor General, a post that is responsible [...]

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Young BC filmmakers’ videos address risky driving habits

A disproportionately high percentage of young drivers in British Columbia are involved in car crashes. To address this growing concern, ICBC, along with the B.C. Film Commission and the Canadian Media Production Association, launched the 180 short-film contest in September 2010. The contest challenged 19 to 25 year olds in the province to create short [...]

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Featured Insurance Job – February 21 to 25

Looking for: Vice President, Underwriting – Port Moody, BC – AMAC Consultants, Inc. Vice President, Underwriting Port Moody, British Columbia Coastal Insurance Services Ltd., the preeminent strata insurance brokerage in British Columbia, is seeking a dynamic leader with a success record demonstrating detail orientation with strong business acumen and excellent analytical and problem solving abilities.  [...]

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BC outlines new rule for brokers placing coverage with unauthorized insurers

As of February 28, 2011, insurance brokers in British Columbia must abide by a new rule that outlines the proper procedures for placing coverage with an unauthorized insurer. The new Rule 7(11.1) establishes procedures licensed agents must follow when conducting an insurance transaction pursuant to the exemption contained in section 76 of the Financial Institutions [...]

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BC’s distracted driving law is working, says BCAA survey

The last time BC drivers talked on their cellphone while driving was February 1, 2010. Or at least it should have been, as that’s when the province introduced legislation that restricted the use of mobile devices while driving. A new survey from BCAA has found that since the law has taken effect, 57 per cent [...]

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ICBC driver licensing centres, systems unavailable on Jan. 22

ICBC’s driver licensing centres and systems will be unavailable Saturday, January 22, to upgrade information systems in a new data centre. This work was originally scheduled for earlier this month, but was delayed until this weekend. The disruption means the following driver licensing centres that are normally open on Saturdays will be closed: Metrotown (Burnaby) [...]

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One year later: has BC’s distracted driving law made the roads safer?

February 1 marks the one year anniversary of B.C.’s ban on hand-held cell phone use and texting while driving. The British Columbia Automobile Association (BCAA) wants to know if BC drivers are abiding by the rules, and if they think the new law is working. Until January 20, BCAA is surveying the province’s drivers through [...]

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HST, difficult sell for politicians, with career killing downside

It’s been called a pig, a ghost, a monumental government screw up and a career killer. And that’s just what members of the B.C. Liberal government are saying about the harmonized sales tax, which they quietly introduced in July 2009 less than three months after a third consecutive election victory. Others haven’t been nearly as [...]

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