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Hey, what a show!” I was standing at the entrance of our city’s largest garden centre. Stretched out on all sides of me were thousands of tulips of every variety, in gently waving ranks, in every color of the rainbow. On this warm spring day, it was a beautiful and impressive sight. Two of my […]
March 31, 2006
8 min read
The province of Saskatchewan is sitting on a $184.4-million surplus, which has been sustained by motorist-derived taxes and fees, but rather than pump the funds back into road and highway safety the money is fuelling the province’s general revenue, according to the Canadian Automobile Association (CAA).Provincial gas tax and vehicle fees collected in 2006 will […]
By Canadian Underwriter | February 6, 2006
1 min read
Canadian Direct Insurance, a wholly-owned subsidiary ofCanadian Western Bank, says the ICBC’s recent proposed 6.5% increase in mandatory basic auto insurance premiums is an “unsupportable raid on consumers.”An ICBC competitor, Canadian Direct says the BC Utilities Commission (BCUC) should review the government insurer’s proposed rate hike before any action is taken. In late January, according […]
By Canadian Underwriter | February 2, 2006
2 min read
Although drivers in Canada are more frequently switching to the use of winter tires during the snowy months, only 29% of Ontario drivers make use of winter tires, according to a recent study by the Canadian Press and Leger Marketing. The results of the study, released by the Transport Canada and the Rubber Association of […]
December 31, 2005
The Region of Peel is pilot-testing a new initiative this winter, the Road Temperature Monitoring System, to help monitor winter road conditions. The system uses a series of round road markers the size of hockey pucks to advise winter control staff of pavement temperatures approaching the freezing point. “Air temperature and road temperature are not […]
According to The Road Safety Monitor the Traffic Injury Research Foundation’s national public opinion poll fewer Canadians are driving after drinking, but the problem still persists.The poll shows that the vast majority (85%) of Canadians haven’t driven after drinking at any time during the past month. As well, an overwhelming majority (93%) said they have […]
By Canadian Underwriter | December 22, 2005
The Insurance Corporation of British Columbia’s (ICBC) contribution of 50% funding for a bicycle patrol program was recently approved by Burnaby city council. The North Road Business Improvement Association already agreed to pay 10% of the funding and the city of Coquitlam agreed to fund 20%. Burnaby will provide the remaining 20% through its casino […]
By Canadian Underwriter | December 16, 2005
Provisions recently passed to B.C.’s impaired driving legislation allow the Insurance Corporation of B.C. (ICBC) to refuse vehicle or trailer insurance to any driver who has an outstanding fine under the Liquor Control and Licensing Act.The new provision reads that even if a driver was not driving but had been fined for an alchohol related […]
By Canadian Underwriter | December 12, 2005
The Insurance Institute for Highway Safety recently introduced the new “Top Safety Pick” award and the very first gold winners are the Ford Five Hundred and Mercury Montego with optional side air bags (the Five Hundred and Montego are corporate twins and as such defined as the same car by the institute); the Saab 9-3; […]
By Canadian Underwriter | December 4, 2005
Buoyed by strong underwriting results and solid investment income, ING Canada Inc. (TSX: IIC.LV) has reported a net income of $202.8 million for the quarter ended September 30, 2005, which is a 24% increase over the $163.6 million for the same period last year. “ING Canada continued to deliver impressive earnings growth in the third […]
November 30, 2005
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