Archive for August, 2009

Scotiabank Enters the Property & Casualty Market With a Little Help from ‘The Personal’

August 26, 2009

    Another Bank has decided it can offer more ‘service’ to it’s clients by providing property and casualty insurance to their customer base.  Last Week, Scotiabank opened up their ‘insurance arm’ right beside their third largest branch in Mississauga, Ontario.    At present in Ontario, banks are not able to sell home and automobile insurance [...]

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Posted in News 26 Comments »

How do they set the rate for my home insurance?

August 12, 2009

Here’s a quick summary of all of the criteria used to determine your property (homeowners / property / condo / tenants )  insurance premium. Location, location • Whether you own or rent, where you live makes a difference. • Insurance companies track claims by geographic location and use the information to adjust premiums accordingly. • Based on past experience in [...]

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Posted in News 9 Comments »

City of Ottawa’s plumbing grant assistance program

August 10, 2009

The City of Ottawa offers a Protective Plumbing Grant Assistance program.  This is of particular interest to those West End Ottawa, Kanata, or Stittsville homeowners who have had their sewer back-up coverage removed or have no coverage for water damage in their basements.  Some residents in this area have experienced water damage for the 3rd time in almost 15 [...]

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Posted in News 5 Comments »

BC Bank released info on Claimants to media in error

August 5, 2009

An employee at Coast Capital Savings inadvertently emailed a list of the insurance claims of 464 clients to about 75 Metro Vancouver media outlets. The email attachment included names, postal codes and the amounts of property insurance claims, but no social insurance numbers, addresses or account numbers. A letter would be sent out to all [...]

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Posted in News 4 Comments »