Industry
OTTAWA – Cooling inflation has given the Bank of Canada another reason to keep interest rates on ice next month. The annual pace of inflation slowed in November to 1.7 per cent as upward pressure from higher gasoline prices eased off, Statistics Canada said in a report Wednesday. The agency’s latest data point showed the […]
By Greg Meckbach | December 19, 2018
3 min read
Claims
The number of Canadians who died in a crash involving a “drinking driver” has generally decreased in recent years, but rose again in 2015, according to recent research. In 1995, 1,057 Canadians (excluding British Columbians) were killed in road crashes involving a drinking driver. Overall, that number steadily decreased over the decades to 427 in […]
By Jason Contant | December 18, 2018
A report recommending major auto reforms, from a former CEO of Ontario’s Workplace Safety and Insurance Board, appears to have gone by the wayside. “What I have heard is that [the] Marshall [report] is dead,” consultant Willie Handler said Monday in an interview. David Marshall’s report on Ontario auto – Fair Benefits Fairly Delivered – […]
By Greg Meckbach | December 18, 2018
In a recent divided ruling over the constitutional rights of drivers suspected of being impaired after causing an accident, the Supreme Court of Canada has narrowly upheld the conviction of an Ontario woman who operated a boat after drinking. R. v. Culotta, released this past Friday, shows disagreement among judges on the power police should […]
4 min read
TORONTO – Katanga Mining Ltd. will pay $30 million to the Ontario Securities Commission for misleading statements, its failure to properly disclose risks around operating in the Democratic Republic of Congo and its reliance on a controversial billionaire businessman. A panel at the Ontario regulator approved the settlement Tuesday that will see Katanga, majority owned […]
A dispute involving The Guarantee Company of North America arising from unpaid construction bills could reach the Supreme Court of Canada. The highest court announced Friday The Guarantee is applying for leave to appeal Guarantee Company of North America v Manitoba Housing and Renewal Corporation et al, released April 3, 2018 by the Court of […]
By Greg Meckbach | December 17, 2018
2 min read
The Insurance Corporation of British Columbia said Friday it is seeking to raise rates by 6.3%, a move that prompted the Insurance Bureau of Canada to reiterate its call for competition in the province. Unlike in most Canadian provinces, B.C.’s basic mandatory auto insurance is written by a provincial crown corporation. ICBC has been losing […]
A community in northern Ontario ranks as the safest for drivers in Canada, with an average vehicle collision rate of 3.8%, according to data from the Allstate Insurance Company of Canada. The 10th Annual Allstate Canada Safe Driving Study found Hanmer had an average vehicle collision rate of 3.8% per 100 cars (percentage of vehicles […]
By Jason Contant | December 17, 2018
Most brokers see social media as a way to increase sales and generate leads, according to a new study by Aviva Canada, but social media are more effective for brand awareness, building an online community and retaining customers, according to social media practitioners in the insurance space. “While many brokers see social media as a […]
By David Gambrill | December 17, 2018
Home
Canadian claims software vendor Symbility Solutions Inc. is a step closer to being acquired by data provider CoreLogic Inc. Calgary-based Symbility said Thursday an overwhelming majority of its shareholders have approved a $160-million deal originally announced Oct. 22. The deal still has more hurdles to cross, including approval by the Court of Queen’s Bench of […]
By Greg Meckbach | December 14, 2018
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
