Allstate uses wellness programs for effective talent retention

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The insurance company’s efforts are working in the United States and Canada. Allstate has come across an effective way to promote improved talent retention through the use of wellness programs for its team members. Companies are coming to discover that employees like working for businesses that take care of them. According to an RBC Insurance survey conducted last year in Canada, 80 percent of workers felt their overall wellbeing would be better than it currently was if their employer would offer certain benefits. More specifically, they felt that personalized wellness…

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Alleged Allstate whistleblower sued for $700K over insurance discrimination accusations

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Mehda Joshi claimed that the insurance company sought to deny coverage to visible minorities in Canada. A former Allstate employee in Canada sued the company for wrongful dismissal and publicly accused the company of insurance discrimination. The company has now launched a counterclaim against the woman, Mehdi Joshi, for over $700,000 in damages. The legal battle between Joshi and Allstate Insurance Canada began in a Toronto court last week. This court battle is in Canada’s national spotlight and is also being watched by many other countries around the world due…

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Canadian tornado insurance industry issues recommendations to victims

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Residential areas in Canada’s capital region were struck by a massive twister this weekend. The Canadian tornado insurance industry has issued advice to the region of Ottawa, Ontario and Gatineau, Quebec, which was struck by severe weather over the weekend. The insurance industry is telling affected residents to document absolutely everything during cleanup. Severe weather has already caused nearly $1 billion in insured damage this year in the province of Ontario alone. Now, the country’s capital, Ottawa, and the city across the river from Ottawa, Gatineau, has been hit by…

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Ride share insurance for UberX drivers to be offered by Aviva

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The auto insurer has said that it will start to sell full coverage policies as of February in Toronto, Canada. UberX has faced an ongoing struggle with the ride share insurance issues in Toronto, Canada – as it has in many other places throughout North America and the rest of the world – but things will start to become a little bit easier in February when Aviva starts to offer full auto policies to its drivers. The policy would build on top of existing personal auto insurance coverage for drivers…

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Cyber insurance gets a boost in Canada as CROs recognize its importance

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As data breaches become more commonplace and receive more media attention, companies are protecting themselves. While companies in Canada had been following the cyber insurance trends seen in many other countries, the insurance news headlines involving some massive data breaches including ransomware, threats and demands for payment. With these events becoming more visible and more common, companies are turning to insurance companies. The trend skyrocketed after the Canadian site Ashley Madison experienced a tremendous data breach that saw worldwide media coverage. To many businesses in the country, this made it…

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Alberta flood insurance launched by Co-operators

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The insurer has introduced a new form of coverage for homeowners against overland flooding. Co-operators General Insurance Company has recently announced the launch of its brand new form of flood insurance, which can be purchased by homeowners living in Alberta, Canada, in order to protect themselves against the cost associated with damage from overland flooding. This new form of insurance policy is available throughout all of Alberta and covers against many types of water damage. The flood insurance policy has been created to be flexible and to provide coverage against…

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Employment insurance claims are on the rise in Canada

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Claims have increased by nearly 30% in Alberta The number of those living in Alberta, Canada, applying for employment insurance benefits is on the rise, according to a report from Statistics Canada. Employment insurance in Canada is similar to unemployment insurance in the United States. Those applying for benefits receive temporary financial assistance while looking for work or improving their skills. Throughout Canada, employment insurance claims have risen by an average of 6.7%. Report shows that more than 500,000 Canadians currently receive employment insurance benefits According to the report from…

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