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State Farm Canada
Politicians push for impaired driving prevention week
February 6, 2018 by Greg MeckbachWith the federal government preparing to legalize recreational marijuana by no later than July, politicians from the three major parties spoke Friday in favour of designating the third week of March National Impaired Driving Prevention Week. “Marijuana legalization will result…
Marijuana driving deaths: the new highway scourge?
December 4, 2017 by Canadian UnderwriterMarijuana is trending to be an even bigger killer on the roads than alcohol, according to stats on fatal driving accidents between 2000 and 2014. “What we see is an increasing percentage of fatally injured drivers in Canada who tested…
Web-based Drug-Impaired Driving Learning Centre launched
September 20, 2017 by Canadian UnderwriterJust days after the province of Ontario announced that it would introduce legislation this fall that includes zero tolerance for drug-impaired driving for several classes of motorists, an organization and insurer have launched a Drug-Impaired Driving Learning Centre (DIDLC). The…
Home telematics startup Roost closes second round of funding with investments from Desjardins Insurance and Aviva Ventures
August 23, 2017 by Canadian UnderwriterRoost, a U.S.-based innovator in smart home telematics for the insurance industry, announced on Wednesday it has closed its second round of funding with US$10.4 million in investments from three companies, including Desjardins Insurance. The US$10.4 million Series B funding includes strategic investments from three companies, led by Aviva Ventures, with participation from Desjardins Insurance and Fosun RZ Capital in China, noted information from Sunnyvale, Calif.-headquartered Roost. Existing investors also participated in the round, bringing total funding to date to US$17 million.…
New State Farm Canada app includes telematics and water detection programs, account access
June 5, 2017 by Canadian UnderwriterState Farm Canada announced on Monday that it has released a new app that includes telematics and water detection programs, as well as easy account access. The free State Farm Canada App, available on Apple’s App Store and Google Play,…
One in 10 polled Canadians admit to driving under the influence of marijuana, State Farm Canada survey finds
April 18, 2017 by Canadian UnderwriterOne in 10 respondents to a recent State Farm Canada survey admit that they have driven under the influence of marijuana (45% within the past 12 months), but nearly half this group said they don’t believe marijuana impacts their ability…
New DGIG water protection program available country-wide
March 21, 2017 by Canadian UnderwriterDesjardins General Insurance Group has announced the cross-country availability of a new home insurance program designed to keep policyholders informed of potential leak sources so that action can be taken and water-related damage prevented. Water damage accounts for more than…
Desjardins Insurance offers new flood coverage for low-, medium-risk areas
March 14, 2017 by Canadian UnderwriterCustomers of Desjardins Insurance, The Personal and State Farm Canada who live in low-risk flood areas will now automatically be covered by a new flood endorsement while those in medium-risk areas can choose to purchase an additional premium. Endorsement 16d…
Desjardins General Insurance Group reports net income of $12.1 million for Q3 2016 compared to net loss of $32 million in Q3 2015
November 14, 2016 by Canadian UnderwriterLévis, Que.-based Desjardins General Insurance Group (DGIG) – a Desjardins Group subsidiary specializing in property and casualty insurance – has reported a net income of $12.1 million in the third quarter of 2016 ending Sept. 30, compared to a net…
Nearly ¾ of young Canadian drivers polled don’t consider using their phones while driving to be “very distracting,” new poll finds
October 17, 2016 by Canadian UnderwriterAn “alarming” 71% of young drivers aged 16 to 24 don’t consider using their phones while driving to be very distracting, according to a new poll by national charity Parachute. National Teen Driver Safety Week, an annual public awareness campaign…
Some motorists under the influence of marijuana believe they can drive safely: poll
May 18, 2016 by Angela StelmakowichMore than four in 10 polled Canadians who have driven under the influence of marijuana reported they believe there was no impact on their ability to drive safely, indicate results of a State Farm Canada survey released Tuesday. Results –…
Don’t underestimate effort needed for successful acquisition: CIP Symposium speaker
April 25, 2016 Jason Contant, Online EditorDon’t underestimate the effort required to have a major change such an acquisition go through successfully, attendees to the 2016 CIP Society Symposium heard last week. Speaking during an Up Close and Personal session, Surender Sekhon, director of operational underwriting…