Alberta EI beneficiaries continue to decline

In Canada, 441,310 people received regular benefits in May, up by 2,020 from the previous month but down 19,630 from a year ago

Alberta EI beneficiaries continue to declineThe number of people receiving regular Employment Insurance benefits continues to fall in Alberta. Statistics Canada reported on Thursday that there were 49,090 regular EI beneficiaries in the province in May, down 1,920 from April and a decrease of 4,120 from a year ago. “The decline was similar to the one observed in April. In…

Personalized employer health programs sought by workers: survey

Personalized employer health programs sought by workers: surveyAn RBC Insurance poll found that 80 per cent of Canadians say their overall well-being would improve if their employer were to offer a personalized wellness program customized to an individual's specific wellness and health-related interests and goals. The poll also found that 94 per cent are more likely to work for an employer who…

Insurance customers demand real-time services, customization

Susan Johnston of Accenture Canada talks about delivering hyper-personalized, on-demand services

Insurance customers demand real-time services, customizationSusan Johnston is managing director of financial services at Accenture Canada. What were the key findings of the recent report Technology Vision for Insurance 2019? Johnston: Our latest Technology Vision for Insurance 2019 report found that insurance companies are now focused on how they can shape the world around people and select the right moments…

How the insurance industry can embrace the digital age

Tom Super of J.D. Power talks about the company's surprising findings about the insurance industry

How the insurance industry can embrace the digital ageTom Super is vice-president of property and casualty insurance intelligence at J.D. Power. Are insurance companies meeting customer expectations for digital self-service tools, customer service channels and omni-channel integration? Super: Insurance companies are fairly strong when it comes to customer service channels. Insurance has always been a very service heavy business and the lessons learned…

Five things that changed the classic car hobby

Electronic ignitions, new carburetors, synthetic lubricating fuels, eBay and collector car insurance all play a role

Five things that changed the classic car hobbyLike pets and people, cars need to be exercised regularly, especially those with a few miles on them. If those old bones and joints aren’t given a regular workout, they deteriorate. Rubber gets brittle, oil loses its viscosity, gas sheds its octane and moving parts become arthritic. Cars aren’t couch potatoes – they like it…

Steer clear of the Big Money Club when crafting national pharmacare

Prescription drug policy in Canada ought to be decided in the interest of Canadians, not based on the power of industry sector lobbies

Steer clear of the Big Money Club when crafting national pharmacare“Canadians face some of the highest prescription drug prices in the world,” admitted the federal government when announcing the interim report from its Advisory Council on the Implementation of National Pharmacare. If Canadians hoped this report would provide details on how a national pharmacare program might be implemented and funded, they only got a taste.…

Passport? Check. Insurance? Better check

Are you game to be an eco-Adventure Junky? Or are you looking for some place quirky to stay on your next trip?

Passport? Check. Insurance? Better checkSpring break. Those two words make many people giddy with excitement right about now. But in the fever of getting ready to flee winter’s frigid temperatures, many of us – especially if we’re fortunate enough not to have health issues – often forget about buying health insurance for travel abroad. I can’t count the times…

B.C. government should get out of the insurance business

ICBC represents an asset to the provincial government, which faces deficit problems

B.C. government should get out of the insurance businessBy Ian Madsen and Anderson Agbugba Frontier Centre for Public Policy The Insurance Corp. of British Columbia (ICBC) has recently suffered significant losses. These losses have been offset by transfers from its optimal business. But without transfers, the basic business capital would have fallen below the regulatory minimum. Even worse, optimal business has also suffered…

Has Saskatchewan Government Insurance outlived its purpose?

A private insurance corporation would be better suited to take on any risk, instead of leaving taxpayers to bear losses

Has Saskatchewan Government Insurance outlived its purpose?Ian Madsen and Alexandra Burnett Frontier Centre for Public Policy Many Crown corporations created long ago are showing signs that they’re no longer appropriate for life in evolving competitive markets. Saskatchewan Government Insurance (SGI) may be one that’s outlived its purpose of providing vehicle insurance to Saskatchewan drivers. SGI is the monopoly owned by the…

Adrift and perilously close to abandoning ship

After more than a little high-seas misadventure, the Frankie finally proves seaworthy – and sanitary

Adrift and perilously close to abandoning shipBack in 2012, we had a dreamboat, an 18-foot Hourston Glascraft. It was brand-new, had a magnificent 150-horsepower Yamaha four-stroke outboard, and quickly became the envy of the Skelhp government wharf. We paid monthly wharfage dues all summer and used it to fish and cruise. We christened her the Francine, after my then 90-year-old Mom.…

Storm damage assistance available to Kindersley citizens

Residents must start a claim with their insurers before they apply to receive funding through the provincial government program

Storm damage assistance available to Kindersley citizensKenneth Brown of The Clarion Residents of the Town of Kindersley with uninsurable losses from a severe storm early in July could now apply for funding assistance from a provincial program. Town officials applied to the Provincial Disaster Assistance Program (PDAP) after a severe storm on July 10 caused widespread damage in the community. A…

Despite rising premiums, homeowners satisfied with insurance companies

But Albertans’ satisfaction is still below the national average, says a new survey, with more than 900 Fort McMurray wildfire claims remaining unsettled

Despite rising premiums, homeowners satisfied with insurance companiesHomeowners in Canada are more satisfied with their insurance providers, although premiums have been on the rise, according to the J.D. Power 2018 Canada Home Insurance Study, released on Thursday. The report mentions the Fort McMurray wildfire in Alberta in 2016 that reportedly generated 60,000 insurance claims totalling $3.8 billion in losses. Of those claims, more than 900…

Local woman helping raise money for cancer research

Kindersley’s Crystal Scribner knows all too well about the fight against cancer and hopes that one day soon a cure will be found

Local woman helping raise money for cancer researchKevin McBain of The Clarion In 2017 alone,  an estimated 206,300 people were diagnosed in Canada with cancer and more than 80,000 people died with the disease. The fight continues to find a cure to this deadly disease. It is a disease that affects people of all ages. Kindersley’s Crystal Scribner knows all too well…

Leveraging technology to re-imagine the insurance business

Joe McBurney of Obvi Inc. offers a quick and easy online quote and purchase system, with instant policy delivery

Leveraging technology to re-imagine the insurance businessJoe McBurney is president of Obvi Inc., which provides simple, clearly-written and easy-to-understand extended automotive warranty and gap insurance. Calgary’s Business: What is Obvi? McBurney: Obvi is an innovative company that is rebuilding, reimagining and reinventing insurance products to the benefit of the customer by leveraging technology. Having focused on the customer first, Obvi delivers…

Insurance Corp. of B.C. faces uncertain future

Canada’s only mandatory insurance provider is digging a deep financial hole and the B.C. government is looking for answers

Insurance Corp. of B.C. faces uncertain futureIt’s no secret that the Insurance Corp. of British Columbia (ICBC) is under financial distress. But should it be saved? In 2016-17, it suffered its largest loss ever – $889 million, an amount equal to 18 per cent of its total premiums. What’s worse, it’s heading for an even larger $1.3 billion loss this year,…