Author Archive | Kanetix

IBC Boss Slams Insurance Fraud

A man breaking into a vehicle on the driver's side at dusk.

Don Forgeron was the keynote speaker at this week’s Ontario Association of Chiefs of Police Annual Meeting in Toronto. Forgeron, who is IBC’s president and CEO, outlined insurance fraud as a problem that affects everyone. In the closed event on June 24, Forgeron outlined his concerns about high insurance fraud in Canada and he asked ... Continue Reading

More Crime Overseas? Will Travel Insurance Let You Cancel?

A man pretending to steal a comedically large suitcase

Crime Overseas? Safeguard Your Trip with Travel Insurance.

Does Guaranteed Replacement Cost Protect Your Home in the Event of Disaster?

A tornado touching ground in a field.

Three Ottawa area families recently sued Desjardins insurance. At issue was the company's proposed settlements under a "guaranteed replacement cost" provision. The families' homes were destroyed by a tornado, but the payouts were $150,000-$250,000 less than what the policyholders claimed was necessary to rebuild. The insurer's estimates differed from quotes the homeowners received from private ... Continue Reading

Role of Your Condo Board: How Decisions Affect You As a Unit Owner

Owning a condo means sharing some things with your neighbours. That includes membership in the condominium corporation. Your condo board makes decisions on behalf of the entire complex. Those board decisions have a real impact on how you live and, to some extent, your financial liability at the end of the day. Here's a bit ... Continue Reading

What Are Driving Apps and Telematics And How Can They Affect Your Car Insurance?

Telematics or usage based insurance can lower auto insurance and improve driving habits, safety and fuel economy.