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News Earnings / RatingsInsuranceMergers and Aqcuisitions

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 Underwriter

Lévis, 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

News AssociationsInsuranceLegalLegislation / Regulation

Alcohol, drugs different, drug-impaired driving a growing concern: panel

September 22, 2016 by Angela Stelmakowich

Alcohol and drugs are different and approaches to addressing related impairment issues will likely need to be different as well, Doug Beirness, senior research associate with the Canadian Centre on Substance Abuse (CCSA), suggested Wednesday during a State Farm-sponsored event

News InsuranceLegalMergers and Aqcuisitions

Ontario township not liable for under-insured taxi: Court

July 6, 2016 by Canadian Underwriter

The Court of Appeal for Ontario recently ruled against State Farm Mutual Automobile Insurance Company when it found that a municipality that fails to enforce a bylaw stipulating taxi insurance does not owe a duty of care to parties injured

News InsuranceMergers and Aqcuisitions

Number of lightning-related homeowners insurance claims in the U.S. down slightly in 2015, but severity up 7%

June 22, 2016 by Canadian Underwriter

The number of homeowners insurance claims from lightning strikes in the United States fell in 2015, but the total insurers paid on those claims rose by nearly 7% from 2014, according to a new analysis by the Insurance Information Institute