Daily News

Tentative deal to settle part of XL Foods beef recall class action lawsuit

EDMONTON - Lawyers have brokered a tentative deal to settle part of a class-action lawsuit filed over an E. coli outbreak and the largest meat recall in Canadian history.
Nov 28, 2014 4:01PM


Ontario government proposes restrictions on rebranding irreparable vehicles, expansion of police impoundment power

The Ontario government is targetting fraudsters who illegally rebuild and sell vehicles written off after collisions in omnibus legislation that also proposes to increase fines for distracted driving and to give police the power to impound a...
Nov 28, 2014 2:54PM


Bill C-3 proposes to have feds 'undertake regular assessments' of aviation war risk market

A bill currently before a Senate committee would, if passed into law, allow the Canadian government to provide war risk liability coverage to airlines and other aviation firms, on short notice, if such coverage is not available through the...
Nov 28, 2014 12:05PM


Shoppers should leave vehicles locked, valuable out of sight

The Insurance Brokers Association of Nova Scotia (IBANS) is reminding motorists to "Grinch-proof" their vehicles as the holiday shopping season gets into full swing.
Nov 28, 2014 10:24AM


Challenges remain to align risk management frameworks, culture and talent: Deloitte Global

Financial services organizations are still struggling to align risk management frameworks with their organization, culture and talent to achieve change, notes a report issued this week by Deloitte Touche Tohmatsu Limited (Deloitte Global).
Nov 28, 2014 10:05AM


New brokerage focused on telematics in Ontario, Alberta

Calgary-based brokerage Godfrey-Morrow Insurance has launched InsureMy, a new brokerage and website focused particularly on auto insurance telematics products in Ontario and Alberta.
Nov 27, 2014 3:32PM


Detection of information security breaches drops in Canada, PwC says

The detection rate for information security breaches among Canadian businesses has dropped 15% since last year, according to a new report from PwC.
Nov 27, 2014 2:53PM


Transportation Safety Board says feds not doing enough to enforce safe transport

OTTAWA - The Transportation Safety Board says the federal government isn't doing enough to enforce proper safety practices by Canada's railways, airlines and marine operators.
Nov 27, 2014 1:52PM


Need for immediate action, investment to address climate change, New Zealand insurers say

Addressing climate change and rising sea levels demands a collective long-term view of how best to reduce its impact and further requires that planning for those efforts start now, argues the Insurance Council of New Zealand (ICNZ).
Nov 27, 2014 11:34AM


Q3 combined ratio drops, net income up for Desjardins General Insurance

Desjardins General Insurance Group Inc. released Thursday its financial results for the third quarter, reporting a 9.4-point improvement in its combined ratio and a 38.8% increase in net income.
Nov 27, 2014 10:28AM


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