Working under so called Super Visa is not allowed for the parents and grand parents ,it is only that they are allowed to stay for a long duration of time .You may have to prove that they have bought Canadian medical insurance coverage for at least one year and it will costs your parents something […]

The traditional insurance model has allowed property and casualty insurers to withstand the recent financial crisis, but as insurers branch out from this model and offer more non-insurance related products, they are more vulnerable to financial risks associated with the crisis, according to a paper by the International Association of Insurance Supervisors. The association of […]

Insurers of Japanese earthquake losses are facing unexpected increases in claims from manufacturers who moved production and/or sourcing of supplies to Thailand, according to law firm RPC. “Many Japanese companies, particularly in the automotive and electronics sectors, moved production to Thailand, and/or found alternative component suppliers in Thailand after the T¿hoku earthquake to minimize their […]

65% of 76 international companies surveyed by international legal practice Norton Rose Group said they do not conduct detailed due diligence on incoming key personnel provided by their supplier. The majority of customers assume that their suppliers will have done the necessary due diligence on their own staff and do not see the need to […]

British Columbia insurance agent’s license suspended for two years due to misuse of ICBC insurance decal The Insurance Council of BC has suspended the license of insurance agent April Dawn Fraser for two years after finding that she had misused an ICBC insurance decal for her own personal benefit. Fraser had allowed her car insurance […]

The stability of the global insurance sector and its ability to absorb massive catastrophe losses could signal a sharp increase in demand in the near future. Marketplace Realities: Solid Footing and a Foundation for Growth, Willis reported flat to modest rate increases or decreases across major and specialty lines of insurance, with the exception of […]

Regulatory tweaks required to prevent ‘papering’ of Ontario auto insurers with treatment plan submissions The Statutory Accident Benefits Schedule in Ontario is in need of further refinement to prevent insurers from getting “papered over” with an overwhelming number of treatment plans and assessments — a major component of auto insurance fraud. There are still miles […]