Topic
Associations
Ontario Liberals revive bill to cut auto insurance rates and curb towing costs
July 15, 2014 THE CANADIAN PRESSTORONTO – Ontario’s governing Liberals are reviving legislation aimed at reducing auto insurance rates and inflated towing costs. The Liberals introduced two bills in the spring to help reduce auto insurance premiums by an average of 15 per cent across…
Insured damage from Angus, Ont. tornado at least $30 million
July 9, 2014 by Canadian UnderwriterInsured damage from the tornado that hit Angus, Ont. in late June is at least $30 million, the Insurance Bureau of Canada said Wednesday, based on preliminary figures from Property Claim Services (PCS). More than 100 homes were damaged from…
Canadian Underwriter magazine launches special insurance industry archive website
June 18, 2014 by Canadian UnderwriterCanadian Underwriter magazine is celebrating its 80th Anniversary in 2014. To acknowledge this milestone, the Canadian Underwriter staff dove into the archives and agreed that it would be a an exciting project to preserve and share a snapshot of the…
Insurance Bureau calls for ‘tough measures’ in Ontario to fight auto claims fraud
June 18, 2014 Greg Meckbach, Associate EditorNow that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last…
Alberta government has provided more than $191 million in disaster assistance since 2013 floods
June 9, 2014 by Canadian UnderwriterThe Alberta government reports that it has provided more than $191 million to date in disaster assistance to municipalities and First Nations to begin rebuilding in the wake of last June’s devastating flooding, a event that has since become the…
Ontario NDP says it would deliver 15% auto insurance rate decrease in first year
May 22, 2014 by Canadian UnderwriterOntario NDP Leader Andrea Horwath launched her party’s platform Thursday, saying her government would deliver a 15% reduction for auto insurance rates in its first year. “A year after the Liberals agreed to a 15% reduction, few Ontario drivers have…
Ontario election call kills bills proposing towing industry regulation, auto insurance reform
May 16, 2014 Greg Meckbach, Associate EditorWhen Andrea Horwath and Tim Hudak rejected the minority Liberal government’s proposed budget for Ontario, they effectively killed at least 19 pieces of legislation that would have affected or piqued the interest of auto, property and liability insurers as well…
Horwath blasts Liberals on Ontario auto insurance; wants cuts passed on immediately
May 13, 2014 Colin Perkel, THE CANADIAN PRESSTORONTO – Insurance companies have cut payouts by billions of dollars over the past several years but motorists have seen little benefit by way of lower premiums, New Democrat Leader Andrea Horwath said Tuesday. Election campaigning at a mall in…
Flood damage to New Brunswick roads, bridges in the millions: minister
April 23, 2014 The Canadian PressFREDERICTON – Spring flooding has already caused millions of dollars in damage to New Brunswick’s roads and bridges, the province’s transportation minister said Wednesday. Claude Williams said crews are making repairs as quickly as possible, but it may take weeks…
Federal funding shows acknowledgement of role in disaster mitigation: IBC
April 23, 2014 Angela Stelmakowich, EditorFunding for disaster mitigation in the federal government’s Economic Action Plan 2014, announced earlier this year, is an acknowledgement of Ottawa’s role in helping to address the impact of severe weather, Don Forgeron, president and CEO of the Insurance Bureau…
Premier urges New Brunswick town not to let guard down after water levels recede
April 17, 2014 By Kevin Bissett - THE CANADIAN PRESSSUSSEX, N.B. – Water levels in many parts of New Brunswick receded Thursday but Premier David Alward and Emergency Measures officials urged residents not to let their guard down because of a potential for more dangerous flooding. Alward spent the…
Half of Quebec home insurance policyholders think they’re covered for overflowing body of water: survey
April 17, 2014 by Canadian UnderwriterOne in two Quebeckers surveyed erroneously believe their home insurance policy covers them against damage from an overflowing body of water while 65% of respondents did not believe their homes were at risk from sewer backup, earthquake, wind or hail.…