Although 2020 was a rough year, one silver lining is that because Albertans were moving around much less, there were significantly fewer vehicle collisions. Just before the new year, a study by Hellosafe.ca revealed that there had been a 28.1% drop in car accidents across Alberta, with Calgary leading the pack with a decrease rate…
There are many details to have to think about when a person passes away, and it’s all at a very difficult time. That’s why it makes sense to plan ahead and speak openly with your loved ones about your assets, finances, and, yes, your insurance policies. They may play a part in the proper succession…
Last week we kicked off 2021 with our inaugural article, Part One: 10 New Year’s insurance resolutions for a better 2021. This week we are providing part two. This list was developed to offer a few new year’s insurance-related resolutions to address throughout the year that can help improve your coverage and lower your premiums. …
2020 was a doozy, one with circumstances that caused Albertans to pause and take stock of what matters to them the most. It was a scary year, with the first pandemic in a century creeping its way into every pocket of society, affecting hundreds of thousands of lives. Since we were caught off-guard by COVID-19,…
Albertans are close to the end of our first week of strict lockdown measures, now in place until at least Jan. 21, 2021. Very stringent gathering restrictions have caused many holiday plans to be cancelled outright, something that is obviously very disappointing. But, we know the strength and ingenuity of the people of this province,…
The days of carefully placing expiry stickers on our licence plates and crossing our fingers that they won’t fall off will come to an end in 2021, says a Dec. 7 news release from the Alberta Government. They say advancements in technology plus a move towards the adoption of reflective plates makes expiry stickers unnecessary. …
Last week we wrote about how Bill 41: Insurance (Enhancing Driver Affordability and Care) Amendment Act, 2020, soon to be passed in the Alberta legislature, will bring in changes to the minor injury regulation to include sprains, strains or whiplash-associated disorder injuries. That means that anyone who has suffered one of those injuries, plus other…
Alberta’s provincial government first tabled Bill 41: Insurance (Enhancing Driver Affordability and Care) Amendment Act, 2020 on Oct. 29, which has since passed second reading. It will almost certainly pass third reading, which means there will soon be some substantive changes coming to auto insurance in Alberta. The average Albertan has seen their auto insurance…
For the last 10 years, catastrophic losses due to natural and unforeseen disasters have been rising at a rate insurance experts did not predict, says a recent Canadian Underwriter article. In Canada, from 2009 to 2019, insurance companies paid out about $1.9 billion per year for catastrophic losses. That is more than four times the…
In November of 2018, Canada’s federal government announced new mandatory privacy breach reporting regulations for businesses in order to help protect the privacy of citizens and combat personal information either being stolen, sold (or both), to outside parties. Prior to the Personal Information Protection and Electronic Documents Act (PIPEDA), reporting privacy breaches was voluntary for…