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Government of Newfoundland and Labrador finalizes terms of reference for auto insurance review

August 16, 2017 by Canadian Underwriter

The provincial government announced on Tuesday that it has finalized the terms of reference for the automobile insurance review for Service NL and the provincial Board of Commissioners of Public Utilities (PUB). Government has directed PUB to begin its review

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March windstorm in eastern Newfoundland caused close to $45 million in insured damage: CatIQ

April 26, 2017 by Canadian Underwriter

A windstorm in eastern Newfoundland on March 11 has resulted in nearly $45 in insured damages, according to Catastrophe Indices and Quantification Inc. (CatIQ). The Insurance Bureau of Canada (IBC) explained in a press release on Wednesday that a low

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IBC welcomes Newfoundland and Labrador government’s legislation aimed at reducing impaired driving

March 3, 2017 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is welcoming the Government of Newfoundland and Labrador’s recent announcement aimed at reducing impaired driving. On Thursday, the provincial government introduced amendments to the Highway Traffic Act that strengthen impaired driving laws. The proposed

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IBC’s top 10 stolen vehicles list for 2016 shows 6% increase in auto theft over 2015

December 6, 2016 by Canadian Underwriter

The road to improving auto theft numbers has taken a negative turn for the second year in a row, increasing 6% nationally in 2016 over 2015, Insurance Bureau of Canada (IBC) reports in its newly released Top 10 Most Frequently

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Thanksgiving floods in Atlantic Canada caused more than $100 million in insured damage: CatIQ

November 18, 2016 by Canadian Underwriter

A tropical moisture system resulting from Hurricane Matthew that swept through Atlantic Canada last month has resulted in over $100 million in insured damage, according to Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ). A cold front interacting with Matthew’s tropical