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Court Upholds Injury Cap in Nova Scotia
February 13, 2009A Nova Scotia Supreme Court judge has upheld the province’s cap on auto accident minor injuries, keeping it at $2,500. Industry members welcomed the long-awaited decision, counting it as one victory in an ongoing defense–the Nova Scotia case, Hartling v.…
Credit Scores “Unacceptable” Risk Tool: FSCO
February 12, 2009Ontario’s financial services commission has weighed in on credit scores, warning auto insurers that using them as a risk tool conflicts with the Insurance Act. Lifestyle factors—including credit history and credit rating—aren’t acceptable as underwriting or risk classification criteria for…
Briefly…RRJ/KRG Continues to Grow
January 29, 2009The newly-formed partnership between RRJ Insurance Group and KRG Insurance Brokers has already expanded to include a new broker member. Late last week, the partners announced the addition of Oshawa-based Schofield-Aker Ltd. to their team. The brokerage will develop business…
Briefly…Partnership Creates Transportation Insurance Powerhouse
January 29, 2009Two Western brokerages have forged a partnership to form the largest transport insurance shop in Alberta. Calgary-based Rogers Insurance Ltd. and Montana-based Stieg & Associates Insurance (Canada) Ltd. will become joint equity partners, creating Rogers Stieg Transportation Insurance (Canada) Ltd.,…