If you are one of the more than 500,000 Canadians who leave the country for warmer climes during the winter, make sure you have snowbird insurance before you go. It’s also highly advisable to check on all your other policies with your insurance broker or provider to ensure you are covered under all circumstances while…
Earlier in October, the Canadian Institute of Actuaries (CIA) released the sixth and final report of its series, COVID-19 Canadian Insurance Industry Monthly Aggregate Data Analysis, which has taken an intensive look at changes in life insurance claims since the beginnings of the pandemic. The CIA is the national organization of the actuarial profession in…
More than four years after cannabis was legalized in Canada, Alberta law enforcement officers now have a fast and easy way to check for drugs in drivers’ systems. In May, officers were provided the ability to use the Draeger DrugTest 5000, which is able to quickly detect a number of different illegal substances, including amphetamines,…
A number of drivers in the trucking industry in Canada have been steadily leaving their jobs, which has left a shortage of experienced operators. The reason is due to a combination of factors, says the Canadian Underwriter, including people reaching retirement age, border restrictions because of COVID-19, and an increase in demand for trucks to…
On Sept. 27, the Government of Alberta announced that the advanced road test to obtain a full Class 5 or 6 drivers licence will no longer be required. Prasad Panda, Minister of Transportation, provided the reason as, “Many Albertans have told us that the advanced test costs too much, is a roadblock to finding jobs…
When damage happens to a home due to circumstances beyond your control, your home insurance is there to help pay for the repairs. That is the peace of mind that good insurance provides. Unfortunately, however, there is always someone out there who will try to scam others. The Insurance Bureau of Canada (IBC) is warning…
Less than 25% of Canadian businesses have trade credit insurance, said Intact Insurance’s vice-president of trade credit Jay Rampersad in a recent Canadian Underwriter article. Trade credit insurance protects a business’s receivables against buyer default and bankruptcies, and Rampersand expects to see a lot more demand for it in the near future. The reason for…
A topic of much discussion these days is the lack of new and used vehicles on the market, which has been caused by supply chain issues for parts. As consumers wait for their new vehicles to be manufactured, used vehicles are selling fast, causing a perfect opportunity for car theft rings to up their game…
There are many reasons why a driver may choose to stop using one (or more) of their vehicles. Maybe it needs expensive repairs that require some saving to address. Or, perhaps the main driver is off to university. Or, maybe it is just not needed at the moment, but could be useful in the future. …
Alberta has grown tremendously in its 117-year history. The two largest cities of Calgary and Edmonton both boast a million-plus residents and are full of contemporary buildings and modern infrastructure. Some historians lament that with the furious pace of growth, however, a number of the province’s historic buildings have been lost, such as the case…