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Quebec drivers are happiest with their auto insurance product, while British Columbia drivers are the most critical of theirs, based on a recent online survey conducted by InsurEye. The Canadian company provides online analysis to help buyers manage their insurance. Survey results are based on an unspecified number of consumer responses and ratings from InsurEye’s …

Here’s a quick math question for strata insurance experts: If there is a $50,000 policy deductible for each “occurrence” of illegal drug activity losses, and 29 out of 90 condo units in a single building are damaged because of marijuana grow-op activities, what is the total deductible? Is it a $50,000 deductible for one occurrence …

TORONTO – Intact Financial Corp. (TSX:IFC) announced Wednesday it will spend $530 million to acquire specialty insurer Jevco Insurance Co. Jevco, a wholly owned subsidiary of Westaim Corp. (TSX:WED), operates mainly in Quebec, Ontario and Alberta, offering insurance on vehicles such as motorcycles, snowmobiles and all-terrain vehicles as well as auto insurance to high-risk drivers. …

Ontario drivers would see auto insurance rates go up, and skyrocket in some parts of the province, if legislative amendments proposed by the NDP get the green light, a Liberal MPP suggests — a claim the NDP denies. Banning the use of territory as a rating factor to determine auto insurance rates would negatively impact …

Accident benefits costs in Metro Toronto and the Greater Toronto Area (GTA) have been identified as an area of concern, but ongoing efforts seem to be helping rein in costs. The increase in accident benefit costs in the GTA dwarfed the provincial experience. Between 2006 and 2010, related costs in the GTA increased 169% compared …

The Financial Services Commission of Ontario (FSCO) is warning consumers that Ottawa Insurance Broker Services (www.ottawainsurancebrokerservices.com) is not licensed to do insurance business in Ontario as either an insurance agency or an insurance broker.   The Registered Insurance Brokers of Ontario (RIBO) have also published a warning about this company.   If consumers purchase insurance …

Two-thirds of drivers in the Greater Toronto Area (GTA) say they would likely try pay-as-you-drive (PAYD) insurance if it were available, notes a study by the Pembina Institute, a non-profit think tank that promotes sustainable energy solutions. The institute’s study offers policy options on how to avoid traffic congestion in the GTA, canvassing the opinions …

The Insurance Brokers Association of Ontario (IBAO) will soon introduce a mobile application that offers consumers access to individual brokers, their represented insurance companies and reporting assistance for auto and property claims. Cost for the app will be $500 for the first year and $300 for each year at renewal, according to IBAO president Rick …

By Antonella Artuso, Queen’s Park Bureau Chief Ontarians whose birthdays fall after Sept. 1 are supposed to pay the new higher vehicle licence plate renewal fee of $82. But questions are being raised about whether early birds can nab the old, lower price. Elaine Gillingham, of Port Perry, said she phoned into a ServiceOntario office …

Forecasters expect a relatively mild season for Atlantic hurricanes this year because of cooler tropical waters and the potential development of El Niño conditions. Weather experts at Colorado State University (CSU) predict 10 named storms during hurricane season, which starts June 1 and ends Nov. 30. Four storms are expected to be major hurricanes (sustained …