News

Bulletin: Hailstorm Boosts Auto Claims

A violent Winnipeg-area hailstorm has prompted a surge in auto damage claims.
The August 14 storm smashed windshields and dented vehicles, prompting over 4,100 …

Bulletin: Facebook faces litigation; Hurricane Bill; Cat bond activity down; Drivers successful fighting impaireds

A group of Facebook users filed a civil lawsuit on Monday August 17, 2009, that alleges the social-networking site is violating California consumer …

$13 million class action settlement awarded without the use of insurance counsel

Class action members finally reached a settlement of $13 million (CDN) in the Supreme Court of Nova Scotia class action against the Roman …

Bulletin: Scotiabank launches new insurance centre; OSFI reminds (re)insurers to file Part XIII progress; Current quarter looks good; country moves up ranking

Expanding its partnership with Sun Life, Scotiabank announces the launch of new home and auto insurance programs.
As one of North America’s premier financial …

Insurance professionals predict heavy repercussions after footage of seven-year-old Quebec driver hits YouTube

Canadian insurance professionals are not amused by a Quebec father’s decision to let his seven-year-old child drive the family vehicle.
By now many across the …

Bulletin: Canadian economy turns corner; CARSTAR and Canadian Hail Repair work together

Current quarter looks good for Canadian economy
According to the numbers, the Canadian economy may have turned the corner in the current quarter.

Real …

Businesses Acknowledge Supply Chain Risk: Aon Report

More organizations are making supply chain risk management a priority during the economic downturn, but do they have the proper processes to reduce …

Travel Insurance: Tips for Brokers Attempting the Road Less Travelled

Contrary to popular belief, anyone can benefit from travel insurance. Canadians in an older age bracket as well as those with medical conditions …

Hail Compounds Crop Damage in Alberta

Drought conditions and a major hailstorm are driving up crop claims in Western Canada.
A recent major mid-summer hailstorm compounded the drought fallout in …

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