Keyword
Quebec
Dispute erupts between Quebec and Ottawa over personal cultivation of pot plants
February 9, 2018 The Canadian PressQUEBEC – Ottawa’s plan to legalize marijuana is causing a rift with Quebec over how many plants are allowed to be grown at home. The federal government’s bill allows Canadians to cultivate up to four pot plants, while Quebec doesn’t…
The story behind Quebec merger of two independent brokerages
December 6, 2017 David Gambrill, Editor-in-ChiefQuebec independent brokerage Fort Financial Group Inc. has acquired Montreal based Assurances ABZ, a property and casualty insurance company specializing in group benefits and serving business owners and executives. Fundamentally, the move is an example of an independent broker finding…
Quebec revising winter tire rules; incentive based approach suggested for elsewhere
December 1, 2017 Sidhartha Banerjee - THE CANADIAN PRESSMONTREAL – Quebec will reportedly bring forward the mandatory date by which winter tires must be put on all vehicles in the province and also increase fines for those who don’t follow the rules. It remains the only Canadian jurisdiction…
Echelon Insurance reports near halving of net income in 2017 Q3 compared to 2016 Q3
November 3, 2017 by Canadian UnderwriterThe B.C. wildfires and losses related to commercial auto and motorcycle contributed to Echelon Insurance witnessing a 42% decrease in net income and an increase in combined operating ratio for 2017 Q3 compared to 2016 Q3. Net income amounted to…
Record number of registrants in 2017 Great British Columbia ShakeOut earthquake drill: IBC
October 20, 2017 by Canadian UnderwriterAwareness of earthquake risk in British Columbia looks to be on the rise if registrants for the 2017 Great British Columbia ShakeOut, which reached record numbers this year, is any indicator. A record 886,000 British Columbians participated Thursday, joining millions…
Understanding of quake protective measures, insurance coverage faulty in Quebec: survey
October 19, 2017 by Canadian UnderwriterThe lion’s share of polled Quebecers remain unprepared for an earthquake, with a mere 8% of respondents understanding the immediate protective measures that should be taken in the event of a quake, Insurance Bureau of Canada (IBC) reports. The concerning…
Uber backs off plans to shutter Quebec operation, says it will continue for now
October 13, 2017 Sidhartha Banerjee - THE CANADIAN PRESSMONTREAL – Ride-hailing service Uber is backing down on a threat to shutter its Quebec operations, at least for now. The multinational announced Friday it won’t pull the plug on its Quebec wing as planned this weekend because it hopes…
Turo launches car-sharing marketplace in B.C., partners with car rental entrepreneurs
October 3, 2017 by Canadian UnderwriterTuro, which connects local car owners with travellers looking for adventure and in need of a vehicle, has expanded its car-sharing marketplace into British Columbia. To address provincial insurance regulations, the company has structured the expansion by partnering with local,…
Quebec, Ontario and California join forces on climate change
September 22, 2017 by Canadian UnderwriterQuebec Premier Philippe Couillard, Ontario Premier Kathleen Wynne and California Governor Jerry Brown have signed an agreement linking the carbon markets of the two provinces and one state. Couillard hosted Wynne and Brown in Quebec City on Friday. By signing…
Hub International acquires Integro (Canada) Ltd.
September 8, 2017 by Canadian UnderwriterHub International Limited announced on Friday that is has acquired P&C brokerage Integro (Canada) Ltd. Terms of the acquisition were not disclosed, Hub noted in a press release. With offices in British Columbia, Ontario and Quebec, Integro Canada is a…
37% of Quebec tenants have no home insurance: IBC survey
September 6, 2017 by Canadian UnderwriterNearly four in 10 tenants in Quebec have no home insurance, “a regrettable situation that clearly puts their financial security at risk,” the Insurance Bureau of Canada (IBC) said in a press release on Wednesday. A survey completed for IBC…
Spring flooding in Ontario and Quebec caused more than $223 million in insured damage: CatIQ
September 1, 2017 by Canadian UnderwriterTwo significant spring storm and flooding events in eastern Ontario and western Quebec resulted in more than $223 million in insured damage, according to information from Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ) released on Friday. Between April 5 and…