Tag Archive

auto insurance fraud Automobile benefits CBC city of Ottawa claims Commercial dinosaur drive-by shooting Healthcare home quote identity theft increase insurance Kanata Life Insurance mortgage OHIP Ontario Ottawa phishing Piracy plumbing Premium Property rates reform scam sewer back up Stittsville tied selling victim

Ontario’s Proposed Auto Insurance Reforms

Published on November 2, 2009 By Andrew

Here are the 41 reforms to auto insurance announced by the McGuinty Government and Dwight Duncan this morning: MEASURES TO PROTECT CONSUMERS Prohibit objectionable quoting practices including the use of credit scoring, delays in providing quotes, requiring written applications for quotes and certain screening techniques. Expand the definition of “catastrophic impairment” to include single-limb amputees. [...]

Auto Insurance Reform

Published on October 28, 2009 By Andrew

Automobile insurance reform in Ontario is long overdue.  The Superintendent of the Financial Services Commission of Ontario (FSCO) has an obligation to review automobile insurance every 5 years.  In March of this year the report was submitted to the Minister of Finance.  There were 39 recommendations made by FSCO to the Minister to improve automobile [...]

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

Published on August 26, 2009 By Andrew

    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 [...]

How do they set the rate for my home insurance?

Published on August 12, 2009 By Andrew

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 [...]

City of Ottawa’s plumbing grant assistance program

Published on August 10, 2009 By Andrew

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 [...]

BC Bank released info on Claimants to media in error

Published on August 5, 2009 By Andrew

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 [...]