Live Insurance News

Insurance coverage for in vitro fertilization to end in Quebec

December 4, 2014December 1, 2014 Julie Campbell

The Canadian province is making a dramatic cutback in one of its most openhanded fertility treatment public funding plans. Since the creation of the generous public funding program in Quebec, Canada for fertility treatments was first created four years ago, its costs have skyrocketed, causing the province to slash back the insurance coverage that it had been providing for in vitro fertilization. Gaétan Barette, the Health Minister of Quebec recently tabled a bill ending in vitro medicare coverage. The insurance coverage for in vitro fertilization had, for the last four…

Insurance news could be changing for coverage for oil-by-rail risks

September 29, 2014September 27, 2014 Julie Campbell

Insurance news Lac Megantic train derailment

The Canadian government is looking into broadening the burden for protection against disasters. According to a recent insurance news announcement made by a government official in Canada, it is considering the expansion of the coverage burden for disasters occurring in crude-by-rail transportation. It is also thinking about developing a special fund comparable to the one once established for maritime oil spills. The insurance news could be tremendous to the industry, which continues to reel from the catastrophe that occurred when an oil train lost control and exploded in the province…

Auto insurance refund checks from ICBC delayed

August 4, 2014August 2, 2014 Julie Campbell

Canadian drivers in British Columbia will need to wait a little bit longer to receive their money. Although the checks were supposed to already have been mailed to auto insurance customers of ICBC in British Columbia, Canada, who had been found to be paying too much for their policies over the last few years, it seems that there has been a delay in the process. It has been discovered that the money hasn’t yet been sent out, after all, so customers will need to keep waiting. According to the staff…

Homeowners insurance company warns of Friday robbery spikes

July 22, 2014July 19, 2014 Julie Campbell

Burglar Alarm Discount homeowners insurance news

According to a data analysis conducted by Aviva Canada, home burglaries dramatically rise in summer months, too. While the majority of us may look forward to Fridays because it means that we’re headed toward a weekend of fun and relaxation, a homeowners insurance company is now warning property owners to take extra precautions on that day as it is also a favorite time for burglaries. A large national home insurer has conducted a data analysis and showed that certain times are far worse than others. Aviva Canada’s data analysis showed…

Crop insurance claims rapidly rise in Canada

July 9, 2014July 7, 2014 G. Turner

The flooding of farms in Saskatchewan and Manitoba is leading to massive losses of wheat and canola. The Canadian province of Saskatchewan is the largest producer of canola and wheat in the world, but it is currently seeing a massive number of crop insurance claims after its farms have experienced widespread flooding. The province is expecting that the claims will continue as many crops have already been seeded and flooded. According to the Saskatchewan Crop Insurance Corp chief executive officer, Shawn Jaques, “It’s a very large area that’s impacted, so…