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Installing winter tires should not be delayed, says CAA-Quebec
While installation of winter tires is not compulsory until December 15 in Quebec, CAA-Quebec advises drivers to be prepared ahead of time
Tag: "Quebec"
Average Canadian expects to be debt-free by age 55
By ILSTV Staff on Aug 31, 2011 in Canadian Economy
CIBC poll finds that that across all age groups, Canadians tend to believe they will be debt-free within approximately 10 to 15 years of their current age
Quebec regulator charges insurance salesman, seeks over $1.3 million in fines
By ILSTV Staff on Jul 21, 2011 in Canadian Insurance
The AMF files 133 charges against Richard Longpré and is seeking fines totaling $1,305,000 and a prison term
Quebec, France allow for mobility of insurance professionals
By ILSTV Staff on Jul 14, 2011 in Canadian Insurance
Agreement allows insurance and securities professionals to easily pursue careers in either jurisdiction
Slave Lake fires become second costliest insured disaster in Canadian history
Ontario and Quebec ice storm in 1998 remains costliest insured disaster, costing over $1.8 billion
Tax Freedom Day in Quebec is the second latest of all provinces
In 2011, the average Quebec family (with two or more individuals) will earn $81,398 and pay a total of $35,660 in taxes, for a total tax bill amounting to 43.8 per cent of its income
Sun Life donation to help Quebec flood victims
By ILSTV Staff on Jun 02, 2011 in Natural Disasters
$25,000 will help flood victims, especially in the Monteregie region
Supreme Court to hear case of man killed by falling tree
By ILSTV Staff on May 20, 2011 in Legal Issues
Canada’s top court has agreed to hear case of a Montreal man killed when a tree fell on his car
Desjardins’ acquisition of Western Financial Group gets regulatory approval
The acquisition of Western Financial Group Inc. by Desjardins Financial Group has been approved by the Minister of Finance and the Canadian Competition Bureau. Quebec-based Desjardins announced the $443 million deal in December 2010. Desjardins has satisfied all regulatory conditions regarding its offers to acquire all of the issued and outstanding common shares, First Preferred [...]
Increased fines for car surfing, street racing and other driving infractions in Quebec
As of March 10, 2011, Quebec drivers who are convicted of any of a number of driving infractions will face increased fines. The Société de l’assurance automobile du Quebec (SAAQ) said that Chapter 34 of the 2010 statutes also introduces suspension of a driver’s license for drivers who commit excessive speeding offences on the road network [...]
A good idea for the on ramp
By Cst. Tim Schewe (Ret.) on Mar 15, 2011 in Road Safety
I’ve always wondered about the driver in the far left lane as I used the on ramp to enter a freeway. Would they change lanes to the right while I was trying to join the flow of fast moving traffic by moving into the same lane from the left? Not everyone bothers to signal their [...]
Quebec auto insurance agency pays for man’s pot
The Société de l’assurance automobile du Québec (SAAQ) must pay to install a hydroponic marijuana grow facility for a man who was injured in a car accident 25 years ago. The Tribunal administratif du Québec (TAQ) has ordered that the SAAQ pay the man $5,000 to set up the greenhouse, as well as cover expenses [...]
Industrial Alliance acquires three insurance and warranty companies
Industrial Alliance Insurance and Financial Services Inc. is acquiring, through its affiliated companies, the operations of Protection V.A.G. Inc. (VAG), Communications & Références Multi Assurance Direct inc. (MAD) and Produits récréatifs Accès Inc. (Accès), three privately owned related entities that are located in the province of Québec. VAG, Accès and MAD collectively distribute creditor insurance [...]
Standard Life’s Joseph Iannicelli a Top 25 financial leader in Quebec
By ILSTV Staff on Feb 08, 2011 in Canadian Insurance
Joseph Iannicelli, President and Chief Executive Officer of The Standard Life Assurance Company of Canada, is among the five most influential financial leaders, according to Finance et Investissement‘s feature of Québec’s Top 25 leaders in the financial services industry. “I’m proud of the contribution Standard Life and our people in particular have made in our industry and [...]
More Canadians were on move in 2010 and they were mostly headed West
A new report from the TD Bank suggests that Canadians are taking the phrase “Go West, young man” seriously. More Canadians were on the move last year as a percentage of the population than any year since 1998, the bank says. And most were headed West to take advantage of better job prospects and higher [...]
A conversation with IndemniPro’s Jean Lalumiere
View the video here on your mobile device. ILSTV spoke with Jean Lalumière, IndemniPro’s Vice President of Business Development. IndemniPro, an SCM Company, is a national network of claims professionals. (In 1986 Shumka Craig & Moore Adjusters opened their doors in Edmonton, AB. In 2008, following a major acquisition, the company was rebranded as ClaimsPro, [...]
Lloyd’s of London appealing to the Supreme Court in case of man killed by falling tree
On August 1, 2006, Gabriel Rossy was driving his car on Côte des Neiges road when a tree situated in a nearby wooded area was blown by the wind and fell onto his car, killing him instantly. The Rossy family then sued the City of Westmount for $1.3 million, claiming that the City was negligent [...]
The Co-operators expands in Quebec with acquisition of local insurance brokerage
The Co-operators announced that it has acquired, along with an investment partner, the personal lines insurance operations of a brokerage based in Caplan, in the Gaspésie region of Quebec. Assurances Claude Paquet’s personal lines operations will begin operating as the newest Co-operators office, with Nathalie Paquet as Co-operators representative, on January 17, 2011. The portfolio [...]
