Canadian Underwriter

Keyword
Newfoundland and Labrador


News CatastrophesInsuranceMergers and Aqcuisitions

Cleanup, damage assessment begins in Atlantic Canada after torrential rains

October 12, 2016 The Canadian Press

SYDNEY, N.S. – Communities in Nova Scotia and Newfoundland are facing a costly and lengthy cleanup from widespread flooding damage after a storm brought torrential rain to the region over the long weekend. Premiers in both provinces were scheduled to

News AssociationsInsuranceLegislation / Regulation

Marine, surety insurance policies among those exempt from Newfoundland and Labrador’s 15% retail sales tax on P&C premiums

May 2, 2016 by Canadian Underwriter

Insurance policies for marine, surety, guarantee or fidelity-type bonds, accident and sickness, and life will be exempt from Newfoundland and Labrador’s 15% retail sales tax (RST) on property and casualty insurance premiums, the Insurance Bureau of Canada (IBC) said on

News AssociationsInsuranceLegalMergers and Aqcuisitions

IBC launches Provincial Auto Theft Network program in Newfoundland and Labrador

April 26, 2016 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) announced on Tuesday that it has launched the Provincial Auto Theft Network (PATNET) program in Newfoundland and Labrador. The two-day PATNET training session in St. John’s, Nfld., which has drawn interest from law enforcement

News AssociationsInsurance

Newfoundlanders ‘will pay the highest taxes on insurance premiums in the country,’ says IBC VP

April 19, 2016 by Canadian Underwriter

When a 15% retail sales tax on property and casualty insurance policies takes effect this July in Newfoundland and Labrador, that province will have the highest taxes on insurance premiums in Canada, an Insurance Bureau of Canada official suggests. The