An article appeared in the Toronto Star about automobile insurers in Onatrio and rate increases.  I was interested in the comments made by Randy Carroll of the Insurance Brokers Association of Ontario.   I happen to agree with him.  As brokers, we can be competitive if our rates are competitive.  Some of the obvious benefits of retaining a broker are access to several Insurers, [...]

We received this question from Janet Bax: Andrew: A quick question. I am President of our cottage/Lake Association . Every year we have a Regatta at a site that is owned by the Association. We have insurance that covers the Executive and the Regatta site for purposes of the Regatta. However, an adjoining property owner [...]

We are so fortunate to have subsidized health care in Ontario. I think some times we take for granted it will always be there. I have lived my whole life in an environment where there is ultimately complete medical funding. It’s hard to imagine paying to see a doctor only to find out that nagging [...]

I received three emails within 24 hours from suspect senders.  Two were from ”Bank of Montreal” one from “Scotiabank”.  These emails are phishing scams.  ‘Phishing” is is the criminally fradulent process of attempting to acquire sensitive information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication.   Phishing is [...]

Fraudulent Claims – take a closer look. Thanks to MyAutoCafe.com for this collection. Photo Finish: The man’s basement had been flooded, causing extensive water damage. The insurance adjuster arrived on the scene and took some pictures for the record. The photos showed a television set, a stereo, and a few bags of clothes that would [...]

Do not buy ‘mortgage insurance’. Buy a life insurance policy from a life insurance agent who is licensed. Use that policy to insure your mortgage. Here is a CBC Marketplace segment that addresses what goes wrong when you buy mortgage insurance. http://www.cbc.ca/marketplace/2008/02/06/in_denial/ They highlight two families who bought the coverage and thought they were protected, [...]

G.L. was curious to know: Hi Andrew, I had a question I wanted to run by you about my car. I was involved in a car accident and am having the car fixed through an insurance claim. I stopped to check and see how it looks and they did not put a new door on [...]